Update shared on04 Sep 2025
Analysts maintain a Neutral stance on CubeSmart citing persistent moderation in storage sector fundamentals, muted demand expectations, and limited upside catalysts, resulting in the price target holding steady at $45.28.
Analyst Commentary
- Moderation of storage sector fundamentals expected to persist over the medium term, leading to tempered growth assumptions.
- Recent quarterly results prompted updates to financial models, reflecting softer operational trends.
- Cautious outlook as analysts project muted demand or slower revenue growth in the near future.
- Limited catalysts noted for material upside to the current business trajectory.
- Valuation deemed fair relative to sector peers, justifying Neutral positioning in the absence of strong growth drivers.
What's in the News
- No shares repurchased in the latest buyback tranche; total repurchases remain at 0 since the 2007 program announcement.
- Raised full-year 2025 guidance for same-store revenue growth to a range of negative 1.25% to 0.25%, and EPS to $1.44–$1.50.
- Issued third-quarter 2025 EPS guidance of $0.36–$0.38.
- Partnered with Precision Global Corporation to manage four Texas-based storage assets.
- Removed from the Russell 1000 Dynamic Index.
Valuation Changes
Summary of Valuation Changes for CubeSmart
- The Consensus Analyst Price Target remained effectively unchanged, at $45.28.
- The Future P/E for CubeSmart remained effectively unchanged, moving only marginally from 35.49x to 35.34x.
- The Consensus Revenue Growth forecasts for CubeSmart remained effectively unchanged, at 4.5% per annum.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.