UBS lowers target to USD 294 for Public Storage stock

Published on 10/21/2026 at 11:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Public Storage stock costs EUR 268.75 on October 21, 2026. Second-quarter revenue was USD 1.23 billion, down 0.50 percent year over year.

Target revision and earnings calendar

UBS lowered its Public Storage target from USD 326.00 to USD 294.00 on October 16, 2026.
Second-quarter revenue reached USD 1.23 billion, down 0.50 percent year over year.
Public Storage stock trades at EUR 268.75 at 11:08 a.m. CEST at Lang & Schwarz on October 21, 2026.

Public Storage, US74460D1090, Illustration mit AI erstellt.

Public Storage (ISIN US74460D1090) was trading at EUR 268.75 at Lang & Schwarz on October 21, 2026, at 11:08 a.m. CEST. MarketScreener reported on October 16, 2026, that UBS lowered its Public Storage target from USD 326.00 to USD 294.00 and maintained a neutral rating.

UBS trims its valuation view

The target revision puts the latest UBS valuation below the companys current U.S. market quotation. MarketScreener listed Public Storage on the NYSE under ticker PSA and classified it as a specialized real estate investment trust.

The companys operating backdrop remains tied to self-storage demand and rental income. MarketBeat reported that second-quarter revenue reached USD 1.23 billion, down 0.50 percent from the prior-year quarter, while earnings per share came to USD 4.17 against a USD 2.53 consensus estimate.

Three dates define the recent sequence

On September 1, 2026, Public Storage completed a USD 1.20 billion acquisition of Public Storage Canada, as listed by MarketScreener. On October 5, 2026, the company announced that third-quarter results would be released after the market close on October 26, 2026, according to Business Wire. On October 16, 2026, UBS cut its target to USD 294.00, according to MarketScreener.

What comes next for results?

Business Wire said Public Storage plans to release third-quarter 2026 results after the market close on October 26, 2026. Management is scheduled to discuss the figures during a conference call on October 27, 2026, at 11:00 a.m. Central Time.

Stock valuation meets a scheduled catalyst

The next report will give investors a fresh operating reference after the USD 1.23 billion second-quarter revenue figure and the UBS target reduction. Public Storage operates self-storage facilities and is a member of the S&P 500.

Price stays the daily reference

Public Storage was trading at EUR 268.75 at Lang & Schwarz on October 21, 2026, at 11:08 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Public Storage stock.