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RBC Capital Lifts CubeSmart (CUBE) Target, Sees Self-Storage Recovery Potential

CubeSmart (NYSE:CUBE) is included among the 14 Best Dividend Stocks to Invest in Under $50.

On March 2, RBC Capital raised its price recommendation on CubeSmart (NYSE:CUBE) to $46 from $43. The firm maintained an Outperform rating following the company’s Q4 results. The analyst said the tone of the earnings call was noticeably upbeat. Management suggested the self-storage sector could begin to recover as new supply declines, even without a major boost in demand.

During the company’s Q4 2025 earnings call, CEO Christopher Marr said business fundamentals appear to be stabilizing. He explained that CubeSmart is gradually positioning itself for a return to growth. Marr noted that operating performance has improved over the past several quarters. He said those improvements are now beginning to show up in the company’s financial results. He pointed to stronger move-in activity as one example. Move-in rates during Q4 2025 rose 2.8% year over year. Marr said the increase reflects steady sequential improvement that developed throughout the year.

He also discussed occupancy trends. By the end of January, the gap had started to narrow. Marr said the shortfall stood at 70 basis points at year-end, but occupancy improved to 88.7% by the end of January. That level remains 40 basis points below where it stood in January 2025. Marr added that only 19% of the company’s same-store portfolio is expected to face pressure from new supply in 2026. That would mark the lowest level of exposure since 2017. He explained that the impact from new development has started to ease. A growing share of new supply now falls within the three-year rolling impact window tied to projects completed two or three years earlier.

CubeSmart (NYSE:CUBE) operates as a self-administered and self-managed real estate investment trust. Its self-storage properties provide climate-controlled storage space for both residential and commercial customers.

While we acknowledge the potential of CUBE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CUBE and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Best Income Stocks With Highest Upside Potential and 40 Most Popular Stocks Among Hedge Funds Heading into 2026.

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