WallStreetZenWallStreetZen

NYSE: PSA
Public Storage Stock Forecast, Predictions & Price Target

Analyst price target for PSA

Based on 10 analysts offering 12 month price targets for Public Storage.
Min Forecast
$250.00-5.93%
Avg Forecast
$307.70+15.78%
Max Forecast
$340.00+27.93%

Should I buy or sell PSA stock?

Based on 10 analysts offering ratings for Public Storage.
Buy
Strong Buy
5 analysts 50%
Buy
1 analysts 10%
Hold
3 analysts 30%
Sell
0 analysts 0%
Strong Sell
1 analysts 10%

Be the first to know when Wall Street analysts revise their PSA stock forecasts and price targets.

PSA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-05
lockedlocked$00.00+00.00%2024-03-28
lockedlocked$00.00+00.00%2024-03-27
lockedlocked$00.00+00.00%2024-03-19
lockedlocked$00.00+00.00%2024-03-18
Jefferies
Bottom 13%
13
Strong BuyMaintains$331.00+24.55%2024-03-07
Deutsche Bank
Bottom 21%
21
Strong SellInitiates Coverage On$250.00-5.93%2024-01-30
Goldman Sachs
Bottom 7%
7
Strong BuyMaintains$340.00+27.93%2024-01-11
Truist Securities
Top 20%
81
Strong BuyMaintains$315.00+18.53%2023-12-28Find out why
Evercore ISI Group
Bottom 9%
9
HoldMaintains$271.00+1.97%2023-11-27

1 of 1

Forecast return on equity

Is PSA forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
36.1%

Forecast return on assets

Is PSA forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

PSA revenue forecast

What is PSA's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$4.7B+4.76%
Avg 2 year Forecast
$4.9B+9.3%
Avg 3 year Forecast
$5.2B+14.67%
PSA's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PSA earnings growth forecast

How is PSA forecast to perform vs REIT - Industrial companies and vs the US market?
Company
25.06%
Industry
31.16%
Market
21.74%
PSA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PSA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PSA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PSA revenue growth forecast

How is PSA forecast to perform vs REIT - Industrial companies and vs the US market?
Company
4.61%
Industry
6.04%
Market
10.3%
PSA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PSA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PSA vs Industrial REIT Stocks

TickerPricePrice TargetUp/downsideConsensus
PSA$265.76$307.70+15.78%Buy
EXR$137.73$152.73+10.89%Buy
REXR$45.07$54.43+20.77%Buy
CUBE$42.64$45.89+7.62%Hold
EGP$168.39$187.43+11.31%Buy

Public Storage Stock Forecast FAQ

Is Public Storage Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NYSE: PSA) stock is to Buy PSA stock.

Out of 10 analysts, 5 (50%) are recommending PSA as a Strong Buy, 1 (10%) are recommending PSA as a Buy, 3 (30%) are recommending PSA as a Hold, 0 (0%) are recommending PSA as a Sell, and 1 (10%) are recommending PSA as a Strong Sell.

If you're new to stock investing, here's how to buy Public Storage stock.

What is PSA's revenue growth forecast for 2024-2026?

(NYSE: PSA) Public Storage's forecast annual revenue growth rate of 4.61% is not forecast to beat the US REIT - Industrial industry's average forecast revenue growth rate of 6.04%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.3%.

Public Storage's revenue in 2024 is $4,517,690,000.On average, 7 Wall Street analysts forecast PSA's revenue for 2024 to be $831,530,373,066, with the lowest PSA revenue forecast at $818,087,696,672, and the highest PSA revenue forecast at $849,467,938,340. On average, 7 Wall Street analysts forecast PSA's revenue for 2025 to be $867,543,597,058, with the lowest PSA revenue forecast at $835,249,408,706, and the highest PSA revenue forecast at $902,930,832,577.

In 2026, PSA is forecast to generate $910,135,937,055 in revenue, with the lowest revenue forecast at $850,189,502,936 and the highest revenue forecast at $961,910,436,900.

What is PSA's forecast return on assets (ROA) for 2024-2027?

(NYSE: PSA) forecast ROA is N/A, which is lower than the forecast US REIT - Industrial industry average of N/A.

What is PSA's Price Target?

According to 10 Wall Street analysts that have issued a 1 year PSA price target, the average PSA price target is $307.70, with the highest PSA stock price forecast at $340.00 and the lowest PSA stock price forecast at $250.00.

On average, Wall Street analysts predict that Public Storage's share price could reach $307.70 by Apr 5, 2025. The average Public Storage stock price prediction forecasts a potential upside of 15.78% from the current PSA share price of $265.76.

What is PSA's forecast return on equity (ROE) for 2024-2027?

(NYSE: PSA) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.