Public Storage (PSA) Analyst Ratings & Price Targets

Public Storage

PSA · NYSE

Analyst Consensus

Hold

17 analysts

$295

Current

—

Low

$340

Average

—

High

Average target implies +14.93% versus the current price.

Analyst Ratings Synthesis

Consensus is Hold, supported by all 17 analysts in the supplied consensus, with a mean target of $338. The low and high targets are not available, so the target cluster and spread cannot be quantified. The evidence does not identify the most bullish or least bullish analyst, any named target changes, or the direction of analyst revisions during the week. The substantive disagreement is between Public Storage’s improving outlook, acquisition-led expansion and raised 2026 guidance, and the countervailing second-quarter core FFO miss and same-store NOI decline. Revenue beating expectations provides additional support for the constructive case, but does not resolve the underlying operating debate.

Rating Actions

No individual rating actions have been captured for PSAyet. Consensus figures above come from Nasdaq's aggregate feed.

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

Covering Firms

B OF A GLBL RES

BMO CAPITAL MKT

CITIGROUP

CO FORECST

EDWARD JONES

EVERCORE ISI

GOLDMAN SACHS

JEFFERIES & CO.

JP MORGAN SECUR

KEYBANC CAP MKT

MORGAN STANLEY

RAYMOND JAMES

STIFEL NICOLAUS

TRUIST SECURITI

UBS

WELLS FARGO SEC

ZACKS RESEARCH

Symbol: PSA
Type: Stock
Sector: Real Estate
Industry: Real Estate Investment Trusts
Exchange: NYSE

Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At September 1, 2026, Public Storage: (i) owned and/or operated 4,647 self-storage facilities located in 41 states and Puerto Rico with approximately 329 million net rentable square feet, (ii) owned 68 self-storage facilities located in Canada with approximately 5.3 million net rentable square feet, and (iii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 335 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard brand. Public Storage's headquarters are located in Frisco, Texas.

Key Issues

Bullish view

Public Storage’s higher revenue, completed National Storage Affiliates acquisition and stronger 2026 outlook indicate that expansion can offset weaker same-store NOI.

Bearish view

The second-quarter same-store NOI decline shows that the core portfolio is under pressure, while acquisition growth may not fully compensate for deterioration in established facilities.

Analyst Consensus

See all

Hold

17 analysts

$295

Current

—

Low

$340

Average

—

High

Average target implies +14.93% versus the current price.

Earnings History

BeatMissNo estimate

Public Storage

Analyst Consensus

Analyst Ratings Synthesis

Rating Actions

Research Reports

Covering Firms

Peers