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Extra Space Storage - AI Stock Analysis
Analysis generated September 16, 2025
Extra Space Storage Inc. is a self-administered and self-managed real estate investment trust (REIT) headquartered in Salt Lake City, Utah. The company operates over 2,000 self-storage properties in the United States. With a focus on providing secure and convenient storage solutions, Extra Space Storage has built a notable presence in the industry by offering a range of unit sizes and amenities designed to meet the diverse needs of its customers.
Fundamental Analysis
Revenue for the last quarter was $842 million. This marks an increase of 2.64% compared to the previous quarter and a year-over-year growth of 3.82%. This consistent growth signals that the company is expanding its market presence and successfully driving sales.
Net income was reported at $250 million for the last quarter, which is a 7.81% decrease from the previous quarter but a significant 34.36% increase year-over-year. Although the quarter-over-quarter decrease warrants attention, the substantial annual growth is a positive indicator of the company's profitability.
EBITDA stands at $45 million, showing a decrease of 107.14% from the previous quarter and 107.85% year-over-year. This dramatic drop in EBITDA is concerning and suggests operational inefficiencies or heightened expenses that need addressing.
The current P/E ratio is 31.92, which could be considered high. This high valuation might signal that the stock is overvalued, leading to a more bearish outlook among investors.
Technical Analysis
Today's stock price is $143.61. This reflects a 4.79% increase over the past month but a 17.04% decrease over the past year, signaling potential concerns over long-term performance.
The trend is currently bearish. The Simple Moving Average (SMA) for the past 10 days is $146.13, down from the previous SMA10 of $146.50. This declining SMA suggests a potential downward trend in the stock price.
The Relative Strength Index (RSI) is 48.7, indicating a neutral condition. This neutral RSI suggests that the stock is neither overbought nor oversold.
Alternative Data Analysis
Extra Space Storage currently has 658 open positions according to data from popular job boards. This stable number of job openings indicates a solid employment scenario, which is generally a positive sign of stability within the company.
Employee sentiment is very high, with an estimated 82% of employees having a positive outlook. This high level of internal satisfaction is encouraging and reflects positively on workplace culture and management.
The company’s website attracts an estimated 3.8 million visitors monthly. However, there has been an 8% decline in the number of visitors in recent months, which could indicate a potential customer retention issue.
Mobile app downloads sit at around 1,700 per day, a figure that has also seen a 44% drop recently. This decline in downloads is worrisome as it may reflect decreasing customer engagement or interest.
Extra Space Storage maintains social media engagement with 45,000 Instagram followers and 6,600 Twitter followers. The follower count has remained stable, indicating consistent, but not growing, customer engagement.
The AltIndex AI score for Extra Space Storage is 69, categorizing it as a buy signal based on an aggregate of fundamental, technical, and alternative data metrics.
Conclusion and Recommendation
In summary, Extra Space Storage demonstrates resilience and steady growth in revenues and net income year-over-year, though some concerns are highlighted by the decline in EBITDA and a relatively high P/E ratio, which may point to overvaluation. Technically, the stock price is showing short-term improvement but has been bearish over the longer term. The alternative data suggests stability in employee sentiment but flags potential concerns about customer acquisition and engagement with declining visitors and app downloads.
Based on the collective data, Extra Space Storage appears to be a solid investment with some cautionary areas to monitor. Potential investors should consider the positive revenue growth and strong employee sentiment, while also keeping an eye on operational efficiencies and customer acquisition trends.
Disclaimer: This AI stock analysis, generated by an experimental AI tool, is for informational purposes only and not financial advice. Information is based on publicly available data and may not always be accurate or current.