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Scotiabank Raises CubeSmart (CUBE) Price Target, Awaits JV Activity for Upside

CubeSmart (NYSE:CUBE) is included among the 14 Quality Stocks with Highest Dividends.

On March 13, Scotiabank analyst Viktor Fediv raised the firm’s price recommendation on CubeSmart (NYSE:CUBE) to $42 from $39. It maintained a Sector Perform rating on the shares. The analyst noted that CubeSmart will need to complete more joint venture transactions and provide clearer details on its future expansion plans before turning more positive on the stock.

During the Q4 2025 earnings call, CFO Timothy Martin outlined the company’s 2026 outlook. He said FFO per share is expected to come in between $2.52 and $2.60. He explained that the midpoint of same-store revenue guidance assumes a macro environment similar to the prior year. It also reflects the ongoing impact of new supply in key markets, some improvement in competitive pricing, and a gradual narrowing of the occupancy gap as the year moves forward.

Martin added that the portion of properties affected by the new supply is expected to decline, with exposure falling from 24% in 2025 to 19% in 2026. He also said the company remains focused on managing expenses. At the same time, it expects pressure from higher real estate taxes, rising personnel costs, and increased winter-related expenses early in the year.

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

While we acknowledge the risk and potential of CUBE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CUBE and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading into 2026 and 15 Best Safe Dividend Stocks for 2026

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

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  • 175 Teslas
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  • 140 Metas
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