5.3% Below Target

The consensus price target for EXR is $153, close to the current price of $145.33 (5.3% implied move). Based on 28 analyst estimates, the stock appears fairly valued near current levels.

EXR has a consensus rating of "Hold" based on 28 Wall Street analysts. The rating breakdown is mixed, with 16 Hold ratings making up the largest segment. The consensus 12-month price target of $153 implies 5.3% upside from current levels.

EXR trades at a forward P/E of 31.3123x, representing a moderate valuation. With analysts targeting $153 (5.3% implied move), the stock appears reasonably valued with upside.

The most bullish Wall Street analyst has a price target of $164 for EXR, while the most conservative target is $145. The consensus of $153 represents the median expectation. Our quantitative valuation model projects a bull case target of $178 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

EXR is heavily covered by Wall Street, with 28 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 12 have Buy ratings, 16 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month EXR stock forecast based on 28 Wall Street analysts shows a consensus price target of $153, with estimates ranging from $145 (bear case) to $164 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $135, with bear/bull scenarios of $85/$178.

Our quantitative valuation model calculates EXR's fair value at $135 (base case), with a bear case of $85 and bull case of $178. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 52/100.

EXR trades at a forward P/E ratio of 31.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 31.7x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

EXR appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $153 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

EXR analyst price targets range from $145 to $164, a 12% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $153 consensus represents the middle ground. Our model's $85-$178 range provides an independent fundamental perspective.