UBS cuts CubeSmart stock target to USD 38.00

Published on 10/17/2026 at 22:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CubeSmart reports quarterly results on October 29, 2026. CubeSmart stock costs USD 38.99 on October 16, 2026, up 1.12 percent on the NYSE.

Target and reporting date

UBS lowered its CubeSmart target from USD 43.00 to USD 38.00 on October 16, 2026.
CubeSmart is scheduled to report quarterly results on October 29, 2026.
CubeSmart stock costs USD 38.99 at 4:00 p.m. ET on the NYSE on October 16, 2026, up 1.12 percent versus the prior close.
CubeSmart trades at a P/E ratio of 26.89 and has a market capitalization of USD 8.8 billion.

CUBE, US2296631094, Illustration mit AI erstellt.

UBS lowered its CubeSmart target from USD 43.00 to USD 38.00 on October 16, 2026, while keeping a Neutral rating, according to Markets Insider. The new target is 2.54 percent below CubeSmart's USD 38.99 home-market quote. CubeSmart stock was quoted at EUR 34.70 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST.

Quarterly results set for October 29

CubeSmart is scheduled to release its third-quarter 2026 results after the market close on October 29, 2026. A conference call is scheduled for October 30, 2026 at 11:00 a.m. ET, according to StockTitan.

The upcoming report will follow second-quarter revenue of USD 286.49 million and adjusted funds from operations of USD 0.63 per diluted share. Same-store revenue increased 0.80 percent year over year, while operating expenses rose 4.40 percent and same-store net operating income fell 0.70 percent, according to Yahoo Finance.

Price position and valuation

CubeSmart's home-market quote was USD 38.99 on October 16, 2026 at 4:00 p.m. ET, with a daily move of plus 1.12 percent. The 52-week range was USD 35.09 to USD 43.26, placing the quote 9.87 percent below the high and 11.11 percent above the low. Trading volume reached 2,102,771 shares against an average of 2,397,845.

The company had a market capitalization of USD 8.8 billion, a P/E ratio of 26.89 and a dividend yield of 5.00 percent as of October 16, 2026. CubeSmart is a self-managed real estate investment trust focused on self-storage properties across the United States.

Comparison with peers

CubeSmart (NYSE, USD): plus 1.12 percent, P/E 26.89, market capitalization USD 8.8 billion

Public Storage (NYSE, USD): plus 1.01 percent, P/E 28.46, market capitalization USD 55.7 billion

Extra Space Storage (NYSE, USD): plus 1.39 percent, P/E 31.23, market capitalization USD 29.5 billion

What the target change means

UBS's revised USD 38.00 target sits below the latest USD 38.99 home-market quote, while the October 29 results date gives investors the next scheduled operating update. The key figures to watch are same-store revenue growth of 0.80 percent and operating expense growth of 4.40 percent in the second quarter.