Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 2, 2026, Public Storage (PSA) has a Wall Street consensus price target of $301.22, based on estimates from 36 covering analysts. With the stock currently trading at $307.06, this represents a potential downside of -1.9%. The company has a market capitalization of $53.89B.
Analyst price targets range from a low of $276.00 to a high of $331.00, representing a 18% spread in expectations. The median target of $295.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 12 analysts rating the stock as a Buy or Strong Buy,22 rating it Hold, and 2 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, PSA trades at a trailing P/E of 34.1x and forward P/E of 30.5x. The forward PEG ratio of 4.10 reflects a premium valuation. Analysts expect EPS to grow -6.5% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $418.89, with bear and bull scenarios of $444.54 and $910.38 respectively. Model confidence stands at 59/100, reflecting moderate uncertainty in projections.
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Start ComparisonWall Street's consensus price target for PSA is $301.22, -1.9% from its current price of $307.06. The below-market target from 36 analysts suggests limited near-term appreciation.
PSA has a consensus rating of "Hold" based on 36 Wall Street analysts. The rating breakdown is mixed, with 22 Hold ratings making up the largest segment. The consensus 12-month price target of $301.22 implies -1.9% downside from current levels.
PSA trades at a forward P/E of 30.5341x, representing a moderate valuation. With analysts targeting $301.22 (-1.9% implied move), the stock appears close to fair value.
The most bullish Wall Street analyst has a price target of $331 for PSA, while the most conservative target is $276. The consensus of $301.22 represents the median expectation. Our quantitative valuation model projects a bull case target of $910 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
PSA is heavily covered by Wall Street, with 36 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 11 have Buy ratings, 22 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month PSA stock forecast based on 36 Wall Street analysts shows a consensus price target of $301.22, with estimates ranging from $276 (bear case) to $331 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $419, with bear/bull scenarios of $445/$910.
Our quantitative valuation model calculates PSA's fair value at $419 (base case), with a bear case of $445 and bull case of $910. 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 59/100.
PSA trades at a forward P/E ratio of 30.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 34.1x. 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.
Analysts are cautious on PSA, with 2 Sell ratings and a price target of $301.22 (-1.9% 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.
PSA analyst price targets range from $276 to $331, a 18% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $301.22 consensus represents the middle ground. Our model's $445-$910 range provides an independent fundamental perspective.