CUBE

CubeSmart

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40.840

+0.95(2.382%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

40.890

Open

39.800

VWAP

40.75

Vol

1.87M

Mkt Cap

9.31B

Low

39.700

Amount

76.39M

EV/EBITDA(TTM)

26.34

Total Shares

228.04M

12.82B

EV/OCF(TTM)

20.88

P/S(TTM)

8.55

CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer climate-controlled storage space for residential and commercial customers. It owns its assets and conducts its operations through the CubeSmart, L.P. (Operating Partnership), and subsidiaries of the Operating Partnership. Its customers rent storage cubes for their exclusive use, on a month-to-month basis. Additionally, some of its stores offer outside storage areas for vehicles and boats. Its stores are designed to accommodate both residential and commercial customers, with features, such as wide aisles and load-bearing capabilities for large truck access. Its customers can access their storage cubes during business hours, and some of its stores provide customers with 24-hour access. It owns about 631 self-storage properties located in 25 states and in the District of Columbia, containing an aggregate of about 45.8 million rentable square feet.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

280.30M

+2.66%

0.381

-2.37%

280.01M

+4.59%

0.397

-11.7%

282.73M

+4.37%

0.387

-12.06%

Estimates Revision

The market is revising Downward the revenue expectations for CubeSmart (CUBE) for FY2025, with the revenue forecasts being adjusted by -0.18% over the past three months. During the same period, the stock price has changed by -4.13%.

Revenue Estimates for FY2025

Revise Downward

-0.18%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-0.23%

In Past 3 Month

Stock Price

Go Down

-4.13%

In Past 3 Month

11 Analyst Rating

Wall Street analysts forecast CUBE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CUBE is 46.18 USD with a low forecast of 43.00 USD and a high forecast of 49.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

5 Buy

6 Hold

0 Sell

Moderate Buy

Current: 40.840

Low

43.00

Averages

46.18

High

49.00

Current: 40.840

Low

43.00

Averages

46.18

High

49.00

Citi

Neutral

downgrade

$45 -> $43

2025-08-25

Reason

Citi

Price Target

$45 -> $43

2025-08-25

downgrade

Neutral

Reason

Citi lowered the firm's price target on CubeSmart to $43 from $45 and keeps a Neutral rating on the shares. The firm updated the company's model to reflect the Q2 report. It sees "muted" storage fundamentals over the medium term.

Barclays

Brendan Lynch

Equal Weight

downgrade

$48 -> $45

2025-08-08

Reason

Barclays

Brendan Lynch

Price Target

$48 -> $45

2025-08-08

downgrade

Equal Weight

Reason

Barclays analyst Brendan Lynch lowered the firm's price target on CubeSmart to $45 from $48 and keeps an Equal Weight rating on the shares. The firm updated the company's model post the Q2 report, drooping the target to reflect elongated supply/demand challenges in the industry and a lack of near-term catalysts.

BNP Paribas Exane

Neutral

initiated

$46

2025-06-24

Reason

BNP Paribas Exane

Price Target

$46

2025-06-24

initiated

Neutral

Reason

BNP Paribas Exane initiated coverage of CubeSmart with a Neutral rating and $46 price target.

BMO Capital

Market Perform -> Outperform

upgrade

$48 -> $49

2025-06-21

Reason

BMO Capital

Price Target

$48 -> $49

2025-06-21

upgrade

Market Perform -> Outperform

Reason

BMO Capital upgraded CubeSmart to Outperform from Market Perform with a $49 price target, up from $48, and moved to the analyst's top pick in storage. The firm sees CubeSmart's more urban exposure versus peers, exemplified in leading demographics, as likely to continue to outperform, particularly in New York City, the analyst tells investors. The firm, which raised its FY25 same-store revenue growth expectation to up 0.3% year-over-year, expects management to raise guidance with a solid acceleration of in-place rates, the analyst added.

Mizuho

Neutral

maintain

$39 -> $43

2025-05-28

Reason

Mizuho

Price Target

$39 -> $43

2025-05-28

maintain

Neutral

Reason

Mizuho raised the firm's price target on CubeSmart to $43 from $39 and keeps a Neutral rating on the shares. Self Storage earnings were characterized by sequential improvements in fundamentals, the analyst tells investors in a research note. While encouraged by the progress made in the quarter, the firm still has a Neutral view on the subsector given a lack of visibility surrounding a housing market recovery and headwinds from supply.

Wolfe Research

Peer Perform -> Outperform

upgrade

$48

2025-05-19

Reason

Wolfe Research

Price Target

$48

2025-05-19

upgrade

Peer Perform -> Outperform

Reason

Wolfe Research upgraded CubeSmart to Outperform from Peer Perform with a $48 price target.

See All Ratings

Valuation Metrics

The current forward P/E ratio for CubeSmart (CUBE.N) is 25.84, compared to its 5-year average forward P/E of 33.15. For a more detailed relative valuation and DCF analysis to assess CubeSmart 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

33.15

Current PE

25.84

Overvalued PE

42.78

Undervalued PE

23.52

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

19.90

Current EV/EBITDA

17.93

Overvalued EV/EBITDA

22.44

Undervalued EV/EBITDA

17.36

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

9.64

Current PS

8.25

Overvalued PS

10.88

Undervalued PS

8.40