Analyst Price Target is $148.75
▲ +25.18% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Extra Space Storage in the last 3 months. The average price target is $148.75, with a high forecast of $172.00 and a low forecast of $115.00. The average price target represents a 25.18% upside from the last price of $118.83.
Current Consensus is
The current consensus among 10 polled investment analysts is to hold stock in Extra Space Storage. This Hold consensus rating has held steady for over two years.
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of June 30, 2023, the Company owned and/or operated 2,438 self-storage stores in 41 states and Washington, D.C. The Company's stores comprise approximately 1.7 million units and approximately 184.0 million square feet of rentable space. With the completed Life Storage Merger on July 20, 2023, Extra Space currently has over 3,500 locations under the Extra Space, Life Storage and Storage Express brands, and it is the largest operator of self-storage properties in the United States. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage.