UBS Reduces Its Price Target on Extra Space Storage Inc. (EXR) to $160, Keeps ‘Buy’ Rating

Extra Space Storage Inc. (NYSE:EXR) is one of the 13 Best Warehouse and Self-Storage Stocks to Buy Right Now.

UBS Reduces Its Price Target on Extra Space Storage Inc. (EXR) to $160, Keeps ‘Buy’ Rating

On September 16, 2025, UBS reduced its price target on Extra Space Storage Inc. (NYSE:EXR) from $169 to $160, maintaining a ‘Buy’ rating.

The price revision is driven by Extra Space Storage Inc. (NYSE:EXR)’s steady fundamentals despite a softer macroenvironment. Furthermore, UBS highlighted the company’s June 2025 quarter performance, where its revenue reached $841.62 million, up 3.8% YoY, and same-store occupancy reached 94.6%. Looking ahead, the analyst expects these metrics to support stable cash flows and continued dividend capacity.

Extra Space Storage Inc. (NYSE:EXR), a self-administered and self-managed REIT, owns and operates more than 4,100 self-storage stores across the U.S. It is one of the Best Warehouse Stocks.

While we acknowledge the potential of EXR 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 EXR and that has 100x upside potential, check out our report about this cheapest AI stock.

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