Do Wall Street Analysts Like Public Storage Stock?

Public Storage (PSA), the largest U.S.-based owner and operator of self-storage facilities, has seen its shares outperform the broader market in the past year. However, the stock has underperformed in the past 52 weeks, rising 10.6% compared to the S&P 500's 18.3% gain. In Q2 2026, shares fell 3.6% after missing estimated core FFO per share and same-store NOI.

Analysts project a slight decline in core FFO per share for the fiscal year ending December 2026. Despite mixed earnings surprise history, the consensus rating among 21 covering analysts is a Moderate Buy, based on six Strong Buy ratings and 15 Holds. Scotiabank recently raised its price target to $346, representing a 3.9% premium to the stock's current level.