UBS cuts Extra Space Storage stock target to USD 152

Published on 10/17/2026 at 22:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 27, 2026 after the close. Extra Space Storage stock costs USD 139.61 on October 16, 2026, up 1.39 percent versus USD 137.69.

Analyst target and earnings date

UBS analyst Michael Goldsmith lowered the target to USD 152 on October 16, 2026.
Third-quarter results are scheduled for October 27, 2026 after the market closes.
Extra Space Storage stock last traded at USD 139.61 on October 16, 2026, up 1.39 percent versus the NYSE prior close of USD 137.69.
The company had a P/E ratio of 31.23 and a market capitalization of USD 29.5 billion as of October 16, 2026.

Aquarellmalerei eines modernen Self-Storage-Gebäudes mit orangefarbenen Toren und Bäumen — Extra Space Storage als Aquarellbild zeigt ein modernes Lagergebäude in warmen Farbtönen, ISIN US30225T1025, Illustration mit AI erstellt.

UBS analyst Michael Goldsmith lowered the price target for Extra Space Storage from USD 163 to USD 152 on October 16, 2026, while keeping a Buy rating, according to Markets Insider. The new target stood 8.88 percent above the NYSE price of USD 139.61. Extra Space Storage last traded at USD 139.61 on October 16, 2026 at 4:00 p.m. EDT, up 1.39 percent versus the prior close of USD 137.69.

Results date sets the next marker

Extra Space Storage will release results for the three and nine months ended September 30, 2026, after the market closes on October 27, 2026. The company will hold its conference call on October 28, 2026 at 1:00 p.m. Eastern Time, according to its investor-relations release.

Stock sits 12.13 percent below its high

The October 16, 2026 NYSE range was USD 137.36 to USD 140.93, with volume of 1,206,130 shares against an average of 1,312,385. The 52-week range was USD 125.71 to USD 158.88, putting the price 12.13 percent below the high and 11.06 percent above the low. Extra Space Storage had reported second-quarter 2026 revenue of USD 874.15 million, up 3.90 percent from the prior-year quarter, in information carried by the company's investor-relations materials.

Valuation and market comparison

Extra Space Storage had a market capitalization of USD 29.5 billion, a P/E ratio of 31.23 and a dividend yield of 4.64 percent as of October 16, 2026. The scheduled October 27 results will provide the next reported operating figures.

Comparison with peers

Extra Space Storage (NYSE, USD): plus 1.39 percent, P/E 31.23, market capitalization USD 29.5 billion
Public Storage (NYSE, USD): plus 1.01 percent, P/E 28.46, market capitalization USD 55.7 billion
CubeSmart (NYSE, USD): plus 1.12 percent, P/E 26.89, market capitalization USD 8.8 billion

Next trading reference

Extra Space Storage is a self-managed real estate investment trust focused on self-storage properties. As of June 30, 2026, it owned or operated 4,410 stores in 42 states and Washington, D.C., comprising approximately 3.0 million units and 341.0 million square feet.