National Storage Affiliates Trust (NSA) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$43.36
Price Target
$33.33
Target Range
$29.00 — $41.00
Analyst Rating
Hold
Forward P/E82.4x
Trailing P/E61.9x
Forward PEG14.40
Implied Growth-54.6%
Median Target$32.50
Analyst Spread36.0%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$29
-33.1%
Consensus
$33
-23.1%
Bull Case
$41
-5.4%
Valuation Model TargetsConfidence: 51/100
Bear$66
Base$69
Bull$265
NSA Price Target Analysis
Updated May 7, 2026As of May 7, 2026, National Storage Affiliates Trust (NSA) has a Wall Street consensus price target of $33.33, based on estimates from 19 covering analysts. With the stock currently trading at $43.36, this represents a potential downside of -23.1%. The company has a market capitalization of $3.34B.
Analyst price targets range from a low of $29.00 to a high of $41.00, representing a 36% spread in expectations. The median target of $32.50 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 1 analysts rating the stock as a Buy or Strong Buy,16 rating it Hold, and 2 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, NSA trades at a trailing P/E of 61.9x and forward P/E of 82.4x. The forward PEG ratio of 14.40 reflects a premium valuation. Analysts expect EPS to grow -54.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $69.06, with bear and bull scenarios of $66.32 and $264.54 respectively. Model confidence stands at 51/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Real Estate stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+33.6%
Avg Forward P/E42.1x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 PSAPublic Storage | $54.2B | $308.98 | $304.82 | -1.3% | Hold | 32.4x | 36 |
 EXRExtra Space Storage Inc. | $30.4B | $143.85 | $149.13 | +3.7% | Hold | 30.9x | 28 |
 CUBECubeSmart | $9.2B | $40.28 | $41.50 | +3.0% | Hold | 28.4x | 29 |
 SSTSystem1, Inc. | $36M | $4.46 | $14.50 | +225.1% | Buy | — | 4 |
 SELFGlobal Self Storage, Inc. | $62M | $5.50 | — | — | — | — | — |
 NNNNNN REIT, Inc. | $8.5B | $44.71 | $46.06 | +3.0% | Hold | 21.8x | 29 |
 SPGSimon Property Group, Inc. | $66.8B | $205.51 | $197.00 | -4.1% | Hold | 30.9x | 37 |
 URIUnited Rentals, Inc. | $60.4B | $964.50 | $1037.13 | +7.5% | Buy | 20.6x | 40 |
 AMZNAmazon.com, Inc. | $3.0T | $274.95 | $306.77 | +11.6% | Buy | 35.3x | 94 |
 UHALU-Haul Holding Company | $9.2B | $52.10 | $80.00 | +53.6% | Buy | 136.8x | 2 |
Upside Potential Comparison
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Start ComparisonNSA — Frequently Asked Questions
Quick answers to the most common questions about buying NSA stock.
What is the NSA stock price target for 2026?
NSA's consensus price target is $33.33, -23.1% below the current price of $43.36. The 19 analysts tracking NSA see downside risk at present valuations.
Is NSA a buy, sell, or hold?
NSA has a consensus rating of "Hold" based on 19 Wall Street analysts. The rating breakdown is leaning bearish, with 2 Sell/Strong Sell ratings. The consensus 12-month price target of $33.33 implies -23.1% downside from current levels.
Is NSA stock overvalued or undervalued?
At a forward P/E of 82.4021x, NSA trades at a premium valuation. The consensus price target of $33.33 (-23.1% downside) suggests analysts may view current valuations as stretched.
How high can NSA stock go?
The most bullish Wall Street analyst has a price target of $41 for NSA, while the most conservative target is $29. The consensus of $33.33 represents the median expectation. Our quantitative valuation model projects a bull case target of $265 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover NSA stock?
NSA is well covered by analysts, with 19 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 1 have Buy ratings, 16 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the NSA stock forecast?
The 12-month NSA stock forecast based on 19 Wall Street analysts shows a consensus price target of $33.33, with estimates ranging from $29 (bear case) to $41 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $69, with bear/bull scenarios of $66/$265.
What is NSA's fair value based on fundamentals?
Our quantitative valuation model calculates NSA's fair value at $69 (base case), with a bear case of $66 and bull case of $265. 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 51/100.
What is NSA's forward P/E ratio?
NSA trades at a forward P/E ratio of 82.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 61.9x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy NSA stock?
Analysts are cautious on NSA, with 2 Sell ratings and a price target of $33.33 (-23.1% from current price). The "Hold" consensus suggests careful evaluation before buying. 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.
Why do NSA price targets vary so much?
NSA analyst price targets range from $29 to $41, a 36% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $33.33 consensus represents the middle ground. Our model's $66-$265 range provides an independent fundamental perspective.