Should I Buy PSA? PSA 2026 Analysis

Should You Buy Public Storage (PSA) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

277.450

1 Day change

1.31%

52 Week Range

322.600

Analysis Updated At

2026/01/26

Public Storage (PSA) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company's financials show growth in revenue, net income, and EPS, the technical indicators, options data, and analyst sentiment suggest a neutral to cautious outlook. The stock lacks significant positive momentum or catalysts, and analysts have recently downgraded the stock or lowered price targets. Given the investor's preference for long-term investments, it would be prudent to hold off on buying PSA until clearer positive trends emerge.

Technical Analysis

The technical indicators for PSA are neutral. The MACD histogram is positive but contracting, suggesting weakening momentum. RSI is neutral at 49.779, and moving averages are converging, indicating no clear trend. The stock is trading near a key pivot level of 283.92, with resistance at 293.533 and support at 274.307. This suggests limited upside potential in the short term.

Options Data

Bearish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

The options data indicates a bearish sentiment with a high open interest put-call ratio of 1.25, suggesting more puts than calls. However, the low option volume put-call ratio of 0.29 indicates fewer puts traded relative to calls today, which could imply mixed short-term sentiment.

Technical Summary

Sell

Buy

Positive Catalysts

Financials show YoY growth in revenue (+3.05%), net income (+21.20%), and EPS (+21.30%) for Q3
Improving fundamentals in the REIT sector, as noted by analysts, with easing supply pressures and steady demand for high-quality assets.

Neutral/Negative Catalysts

Analysts have downgraded the stock or lowered price targets recently, citing muted demand for self-storage and elevated mortgage rates.
The stock has a 70% chance of declining by -0.08% in the next day and -7.25% in the next month.
Lack of significant insider or hedge fund activity, and no recent congress trading data.

Financial Performance

In Q3 2025, Public Storage reported revenue growth of 3.05% YoY to $1.224 billion. Net income increased by 21.20% YoY to $461.4 million, and EPS rose by 21.30% YoY to $2.62. However, gross margin slightly declined to 49.25% (-0.12% YoY). Overall, the company demonstrated strong profitability growth despite a marginal decline in gross margin.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analyst sentiment is mixed to cautious. Truist raised its price target to $317 and maintains a Buy rating, but Deutsche Bank downgraded the stock to Hold with a $285 price target. UBS, JPMorgan, and Mizuho have all lowered price targets, citing muted demand and elevated mortgage rates as headwinds for the self-storage sector. The overall outlook for PSA is neutral to slightly bearish in the near term.

14 Analyst Rating

Wall Street analysts forecast PSA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PSA is 311.58 USD with a low forecast of 276 USD and a high forecast of 349 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

9 Hold

0 Sell

Moderate Buy

Current: 273.860

Low

276

Averages

311.58

High

349

Current: 273.860

Low

276

Averages

311.58

High

349

Wolfe Research

Andrew Rosivach

Outperform

Peer Perform

downgrade

AI Analysis

2026-01-26

New

Reason

Wolfe Research

Andrew Rosivach

Price Target

AI Analysis

2026-01-26

New

downgrade

Outperform

Peer Perform

Reason

Wolfe Research analyst Andrew Rosivach downgraded Public Storage to Peer Perform from Outperform without a price target. Public Storage has potential for meaningfully better earnings growth in 2027, but the shares "could pause for some time until this growth is more apparent," the analyst tells investors in a research note. Wolfe says storage demand tends to be economically sensitive, leaving the sector at risk given slower recent employment growth.

Truist

Buy

maintain

$315 -> $317

2026-01-20

Reason

Truist

Price Target

$315 -> $317

2026-01-20

maintain

Buy

Reason

Truist raised the firm's price target on Public Storage to $317 from $315 and keeps a Buy rating on the shares. The firm adjusted ratings and targets in the real estate investment trust group as part of its 2026 outlook. Truist remains Neutral on REITs for 2026, saying fundamentals are improving as new supply slows and demand appears steady for high-quality assets. However, the stocks do not appear particularly cheap, the analyst tells investors in a research note. Truist is relatively bullish on healthcare, industrial, strip retail, gaming and lodging REITs, neutral on manufactured housing, multifamily, self-storage and triple net, and relatively cautious on mall and office.

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PSA Should I Buy

PSA Should I Buy

Should You Buy Public Storage (PSA) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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