EXR Price Prediction Next Week
Analysis and Insights
To predict the stock price of Extra Space Storage (EXR) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
- RSI Levels: EXR's RSI_6 is at 26.67, indicating oversold conditions, which may suggest a potential rebound.
- Moving Averages: The stock is trading below its 50-day ($151.72) and 200-day ($155.47) moving averages, signaling a bearish trend.
- MACD: The MACD line (-2.50) is below the signal line (-0.91), confirming bearish momentum.
- Fibonacci Levels: The stock is trading below the pivot point ($150.19), with immediate support at $143.19 and resistance at $157.19.
News Sentiment and Fundamental Analysis:
- Analyst Ratings: EXR has a "Moderate Buy" rating with a mean price target of $165.59, suggesting a potential upside of 12.8%.
- Insider Activity: A recent insider sale of 672 shares by a director may indicate bearish sentiment.
- Stock Performance: EXR has gained 3.1% over the past three months but is trading below its 50-day and 200-day moving averages.
Price Prediction:
Given the bearish technical indicators and the stock's current position below key moving averages, the price is expected to decline. The next trading week's target price is $138.00.
Recommendation:
Sell EXR as the technical indicators and recent insider activity suggest continued downward pressure.
EXR Similar Chart Price Prediction
The price of EXR is predicted to go up -2.39%, based on the high correlation periods with SUP. The similarity of these two price pattern on the periods is 96.85%.
EXR
SUP
Down: -2.39%Similarity: 96.85%
EXR Revenue Forecast
EXR EPS Forecast
EXR FAQs
What is EXR revenue forecast for next quarter？
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EXR VS S&P500
Extra Space's third-party management business serves not only as a capital-light revenue stream, but also as an acquisition pipeline, ensuring future growth.
Extra Space Storage's strong balance sheet leaves room for low-cost consolidation opportunities in a fragmented market.
Pandemic-fueled changes like working from home, decluttering, and migration have persisted and have created more demand for self-storage facilities.
EXR Analyst's Forecast
Brendan Lynch
Barclays
Buy
2025-03-12
Price Target
$184 → $181
Upside
+21.3%
Barclays lowered the firm's price target on Extra Space Storage to $181 from $184 and keeps an Overweight rating on the shares. The firm slightly lowered self-storage estimates to reflect soft demand, lingering supply pressure, and "muted" expectations for seasonal demand compared to last year.
Nicholas Yulico
Scotiabank
Hold
2025-03-05
Price Target
$167 → $165
Upside
+5.04%
Brendan Lynch
Barclays
Buy
2025-01-13
Price Target
$192 → $184
Upside
+24.83%
