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Extra Space Storage ( (EXR) ) just unveiled an update.
On January 5, 2026, Extra Space Storage Inc. announced that its Board of Directors promoted longtime executive Noah Springer, formerly Executive Vice President, Chief Strategy and Partnership Officer, to President, with the company’s operations function now reporting directly to him. The appointment elevates a 20-year company veteran who played a central role in building Management Plus, the sector’s largest third-party management platform with over 1,800 locations, and signals a consolidation of strategic, operational and human capital oversight under Springer as Extra Space’s senior leadership team prepares to present to investors at the KeyBanc Capital Markets Self Storage Investor Forum in New York on January 8, 2026.
The most recent analyst rating on (EXR) stock is a Hold with a $142.00 price target. To see the full list of analyst forecasts on Extra Space Storage stock, see the EXR Stock Forecast page.
Spark’s Take on EXR Stock
According to Spark, TipRanks’ AI Analyst, EXR is a Neutral.
Extra Space Storage’s overall stock score reflects strong financial performance and strategic initiatives, despite challenges in revenue growth and increased expenses. The technical analysis indicates bearish momentum, but the attractive dividend yield offers a positive aspect for income-focused investors. The mixed earnings call outlook highlights both opportunities and risks, suggesting a cautious but optimistic view for future growth.
To see Spark’s full report on EXR stock, click here.
More about Extra Space Storage
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a fully integrated, self-administered and self-managed real estate investment trust and member of the S&P 500 that focuses on self-storage. As of September 30, 2025, it owned and/or operated 4,238 self-storage properties across the United States, comprising about 2.9 million units and 326.9 million square feet of rentable space under the Extra Space brand, offering a wide range of storage options including boat, RV and business storage, and is the largest operator of self-storage properties in the country.
Average Trading Volume: 1,172,571
Technical Sentiment Signal: Sell
Current Market Cap: $29.02B
See more data about EXR stock on TipRanks’ Stock Analysis page.