Extra Space Storage stock: Evercore lifts target to $151

Evercore ISI raised its price target for Extra Space Storage from 142 to 151 US dollars on Monday, November 2, while maintaining an In-Line rating, according to Fiscal.ai. The move gives investors a fresh reference point after the company reported third-quarter results on October 27.

Extra Space Storage stock traded at 139.43 euros on Lang & Schwarz at 11:00 p.m. CET on Monday, November 2. Investors can follow the real-time quote of Extra Space Storage stock.

Results support updated expectations

Extra Space Storage reported third-quarter Core FFO of 2.17 US dollars per diluted share, while same-store net operating income increased 4.6 percent. The company also lifted its full-year 2026 Core FFO outlook to a range of 8.40 to 8.50 US dollars per share.

The target revision follows a series of analyst actions around the third-quarter report. Fiscal.ai lists RBC's October 29 target at 156 US dollars with a Sector Perform rating and Evercore's October 28 target at 146 US dollars before the latest increase.

Storage platform serves US customers

Extra Space Storage is a self-administered and self-managed real estate investment trust headquartered in Salt Lake City, Utah. The company offers secure storage units across the United States, including boat, recreational vehicle and business storage. It operates as a national storage platform and is a member of the S&P 500.

Broader US equity conditions can be followed through the S&P 500 market overview.

More news and analyses on Extra Space Storage stock are available in the company topic.