Truist upgraded Extra Space Storage stock to Buy with USD 147 target
Published on 10/08/2026 at 18:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Truist upgraded Extra Space Storage to Buy on October 1, 2026, while cutting its target from USD 148.00 to USD 147.00.
- Second-quarter 2026 revenue reached USD 874.15 million, up 3.90 percent year over year, with diluted earnings per share of USD 1.25.
- The Lang & Schwarz quote was EUR 117.25 on October 8, 2026 at 6:17 p.m. CEST, minus 0.34 percent versus EUR 117.65.
- Extra Space Storage will release third-quarter 2026 results on October 27, 2026, followed by a conference call on October 28, 2026.
Extra Space Storage stock was trading at EUR 117.25 at Lang & Schwarz on October 8, 2026 at 6:17 p.m. CEST, down 0.34 percent versus the EUR 117.65 prior close. On October 1, 2026, Truist upgraded the stock from Hold to Buy while cutting its target from USD 148.00 to USD 147.00, according to Markets Insider.
Three dates shape the setup
On July 28, 2026, Extra Space Storage reported second-quarter revenue of USD 874.15 million, up 3.90 percent year over year. Diluted earnings per share came to USD 1.25 versus a USD 1.16 consensus estimate, while fiscal 2026 earnings-per-share guidance stood at USD 8.25-8.40, according to MarketBeat.
On October 1, 2026, Truist assumed coverage with a Buy rating and a USD 147.00 target, reduced from USD 148.00, as the firm highlighted acquisitions, redevelopment, lending and third-party management, Markets Insider reported.
On October 2, 2026, the company announced that it would publish third-quarter results after the market close on October 27, 2026, making that release the next major company-specific date, according to Fidelity.
What does the next report mean?
The next report will test whether the 3.90 percent second-quarter revenue increase can continue while management maintains its USD 8.25-8.40 fiscal 2026 earnings-per-share outlook. The prior quarter also produced operating cash flow of USD 586.4 million, giving the company a measurable cash-generation base ahead of the release.
Results dates are set
Extra Space Storage will release results for the three and nine months ended September 30, 2026, on October 27, 2026, after the market closes. Management will hold its conference call at 1:00 p.m. ET on October 28, 2026, according to Fidelity.
Euro quote remains below US range
The Lang & Schwarz price of EUR 117.25 was EUR 0.40 below the prior close of EUR 117.65 on October 8, 2026 at 6:17 p.m. CEST. The primary listing is on the NYSE, where the latest structured quote showed USD 130.82 on October 8, 2026 at 12:27 p.m. EDT; the 52-week range was USD 125.71 to USD 158.88 and market capitalization was USD 27.6 billion.
The further course of trading is shown by the continuously updated real-time quote of Extra Space Storage stock.
Extra Space Storage stock facts
- Company: Extra Space Storage Inc.
- ISIN: US30225T1025
- Ticker: EXR
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 8, 2026, 6:17 p.m. CEST): EUR 117.25
- Change versus prior close: minus 0.34 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 117.65
- Market capitalization: USD 27.6 billion (as of October 8, 2026)
- 52-week range: USD 125.71-158.88 (as of October 8, 2026)
- Sector / Industry: Real Estate / REIT - Industrial
- Index membership: S&P 500
- Next earnings date: October 27, 2026
Market context: Market report S&P 500.
