CubeSmart (CUBE) Stock Forecast, Price Target & Predictions


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CUBE Stock Forecast


CubeSmart stock forecast is as follows: an average price target of $48.88 (represents a -9.48% downside from CUBE’s last price of $54.00) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.

CUBE Price Target


The average price target for CubeSmart (CUBE) is $48.88 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $54.00 to $41.00. This represents a potential -9.48% downside from CUBE's last price of $54.00.

CUBE Analyst Ratings


Buy

According to 11 Wall Street analysts, CubeSmart's rating consensus is 'Buy'. The analyst rating breakdown for CUBE stock is 0 'Strong Buy' (0.00%), 6 'Buy' (54.55%), 5 'Hold' (45.45%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

CubeSmart Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 13, 2024Mike GoldsmithUBS$54.00$53.920.15%-
Sep 05, 2024Smedes RoseCitigroup$50.00$51.43-2.78%-7.41%
Aug 16, 2024Ki Bin KimTruist Financial$50.00$48.293.54%-7.41%
Jul 23, 2024Jonathan HughesRaymond James$50.00$48.173.80%-7.41%
May 29, 2024Juan SanabriaBMO Capital$47.00$41.5313.17%-12.96%
Apr 05, 2024Eric LuebchowWells Fargo$46.00$44.742.82%-14.81%
Jan 09, 2023-Raymond James$48.00$39.4021.83%-11.11%
Jan 03, 2023-Jefferies$41.00$40.251.86%-24.07%
Sep 19, 2022-Evercore ISI$53.00$42.6424.30%-1.85%
Aug 22, 2022-Truist Financial$53.00$49.656.75%-1.85%
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The latest CubeSmart stock forecast, released on Sep 13, 2024 by Mike Goldsmith from UBS, set a price target of $54.00, which represents a 0.15% increase from the stock price at the time of the forecast ($53.92), and a 0.00% decrease from CUBE last price ($54.00).

CubeSmart Price Target by Period


1M3M12M
# Anlaysts346
Avg Price Target$51.33$51.00$49.50
Last Closing Price$54.00$54.00$54.00
Upside/Downside-4.94%-5.56%-8.33%

In the current month, the average price target of CubeSmart stock is $51.33, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a -4.94% decrease as opposed to CubeSmart's last price of $54.00. This month's average price target is up 0.65% compared to last quarter, and up 3.70% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 13, 2024UBS-NeutralDowngrade
Sep 09, 2024RBC Capital-OutperformInitialise
Sep 05, 2024CitigroupNeutralNeutralHold
Aug 22, 2024Scotiabank-OutperformInitialise
Aug 22, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 23, 2024Raymond JamesOutperformOutperformHold
Jul 02, 2024CitigroupNeutralNeutralHold
May 29, 2024Wells FargoMarket PerformMarket PerformHold
May 29, 2024Raymond JamesUnderperformUnderperformHold
May 29, 2024BMO CapitalOutperformMarket PerformDowngrade
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CubeSmart's last stock rating was published by UBS on Sep 13, 2024. The company Downgrade its CUBE rating from "null" to "Neutral".

CubeSmart Financial Forecast


CubeSmart Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$265.13M$267.88M$260.81M$256.53M$260.99M$261.41M$248.66M$238.56M$221.91M$212.56M$199.25M$188.84M$178.79M$172.51M$163.80M$164.08M$165.51M$166.55M
Avg Forecast$258.91M$256.35M$253.18M$242.23M$279.63M$280.19M$272.55M$267.55M$266.34M$267.39M$260.68M$253.91M$260.44M$264.42M$261.50M$257.20M$252.41M$248.88M$234.87M$224.74M$212.71M$200.51M$186.36M$174.69M$169.48M$162.22M$157.42M$158.48M$160.60M$159.62M
High Forecast$263.65M$261.05M$257.82M$246.67M$284.76M$285.33M$277.54M$272.45M$271.22M$272.93M$265.46M$258.56M$262.97M$269.27M$266.29M$261.91M$257.03M$253.44M$239.65M$229.31M$217.04M$204.59M$190.15M$178.24M$172.93M$165.51M$160.62M$161.70M$163.87M$162.87M
Low Forecast$251.14M$248.67M$245.59M$234.97M$271.25M$271.79M$264.38M$259.52M$258.35M$260.78M$252.86M$246.29M$255.12M$256.49M$253.65M$249.48M$244.84M$241.42M$219.63M$210.16M$198.91M$187.50M$174.27M$163.35M$158.48M$151.69M$147.20M$148.20M$150.18M$149.26M
# Analysts444433334543633344443333464474
Surprise %------------1.02%1.01%1.00%1.00%1.03%1.05%1.06%1.06%1.04%1.06%1.07%1.08%1.05%1.06%1.04%1.04%1.03%1.04%

CubeSmart's average Quarter revenue forecast for Mar 24 based on 3 analysts is $253.91M, with a low forecast of $246.29M, and a high forecast of $258.56M. CUBE's average Quarter revenue forecast represents a -4.23% decrease compared to the company's last Quarter revenue of $265.13M (Dec 23).

CubeSmart EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433334543633344443333464474
EBITDA------------$199.88M$176.26M$50.36M$171.96M$176.17M$216.86M$161.65M$144.60M$-1.90M$163.66M$123.02M$115.81M$118.46M$104.71M$97.85M$98.17M$102.51M$104.43M
Avg Forecast$167.41M$165.76M$163.71M$156.63M$180.81M$181.17M$176.23M$173.00M$172.22M$172.89M$168.56M$225.83M$168.40M$170.98M$169.08M$205.30M$163.21M$169.83M$151.87M$186.64M$137.54M$129.65M$120.50M$130.29M$109.59M$104.89M$101.79M$93.00M$103.84M$103.21M
High Forecast$170.48M$168.80M$166.71M$159.50M$184.12M$184.49M$179.46M$176.17M$175.37M$176.48M$171.65M$271.00M$170.04M$174.11M$172.18M$246.36M$166.20M$203.80M$154.96M$223.96M$140.34M$132.29M$122.95M$156.34M$111.81M$107.02M$103.86M$111.60M$105.96M$105.31M
Low Forecast$162.39M$160.79M$158.80M$151.93M$175.39M$175.74M$170.95M$167.81M$167.05M$168.62M$163.50M$180.66M$164.96M$165.85M$164.01M$164.24M$158.31M$135.86M$142.01M$149.31M$128.61M$121.24M$112.68M$104.23M$102.47M$98.08M$95.18M$74.40M$97.11M$96.51M
Surprise %------------1.19%1.03%0.30%0.84%1.08%1.28%1.06%0.77%-0.01%1.26%1.02%0.89%1.08%1.00%0.96%1.06%0.99%1.01%

3 analysts predict CUBE's average Quarter EBITDA for Mar 24 to be $225.83M, with a high of $271.00M and a low of $180.66M. This is 12.98% upper than CubeSmart's previous annual EBITDA (Dec 23) of $199.88M.

CubeSmart Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433334543633344443333464474
Net Income------------$112.67M$102.64M$97.88M$97.57M$58.62M$89.59M$35.54M$15.44M$25.58M$87.65M$48.75M$41.73M$42.33M$46.89M$38.51M$37.90M$42.05M$42.15M
Avg Forecast$112.98M$112.11M$111.88M$99.46M$104.68M$103.59M$100.18M$96.82M$102.19M$100.88M$95.62M$59.63M$102.12M$100.48M$95.42M$54.21M$67.22M$90.96M$54.40M$49.28M$56.07M$61.43M$50.04M$46.95M$45.01M$45.77M$40.72M$35.90M$43.43M$49.29M
High Forecast$115.67M$114.78M$114.54M$101.83M$107.17M$106.06M$102.57M$99.13M$104.62M$103.28M$97.90M$71.56M$103.62M$102.87M$97.69M$65.05M$68.82M$109.15M$55.84M$59.14M$57.56M$63.05M$51.36M$56.34M$46.20M$46.98M$41.80M$43.08M$44.58M$50.59M
Low Forecast$108.57M$107.74M$107.52M$95.59M$100.60M$99.55M$96.28M$93.05M$98.21M$99.39M$91.90M$47.71M$100.62M$96.56M$91.70M$43.37M$64.60M$72.77M$49.81M$39.43M$51.34M$56.24M$45.82M$37.56M$41.21M$41.91M$37.29M$28.72M$39.77M$45.13M
Surprise %------------1.10%1.02%1.03%1.80%0.87%0.98%0.65%0.31%0.46%1.43%0.97%0.89%0.94%1.02%0.95%1.06%0.97%0.86%

CubeSmart's average Quarter net income forecast for Mar 24 is $59.63M, with a range of $47.71M to $71.56M. CUBE's average Quarter net income forecast represents a -47.07% decrease compared to the company's last Quarter net income of $112.67M (Dec 23).

CubeSmart SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433334543633344443333464474
SG&A------------$13.98M$14.06M$14.32M$14.67M$12.98M$13.39M$13.72M$14.53M$13.24M$12.10M$11.56M$10.92M$49.08M$48.28M$49.44M$51.20M$50.66M$53.39M
Avg Forecast$14.88M$14.74M$14.55M$13.92M$16.07M$16.11M$15.67M$15.38M$15.31M$15.37M$14.98M$22.70M$14.97M$15.20M$15.03M$20.64M$14.51M$12.55M$13.50M$18.76M$12.23M$11.53M$10.71M$12.28M$9.74M$9.32M$9.05M$48.51M$9.23M$9.18M
High Forecast$15.15M$15.01M$14.82M$14.18M$16.37M$16.40M$15.95M$15.66M$15.59M$15.69M$15.26M$27.24M$15.12M$15.48M$15.31M$24.77M$14.77M$15.06M$13.78M$22.51M$12.48M$11.76M$10.93M$14.74M$9.94M$9.51M$9.23M$58.21M$9.42M$9.36M
Low Forecast$14.44M$14.29M$14.12M$13.51M$15.59M$15.62M$15.20M$14.92M$14.85M$14.99M$14.53M$18.16M$14.66M$14.74M$14.58M$16.51M$14.07M$10.04M$12.62M$15.01M$11.43M$10.78M$10.02M$9.82M$9.11M$8.72M$8.46M$38.81M$8.63M$8.58M
Surprise %------------0.93%0.93%0.95%0.71%0.89%1.07%1.02%0.77%1.08%1.05%1.08%0.89%5.04%5.18%5.46%1.06%5.49%5.82%

CubeSmart's average Quarter SG&A projection for Mar 24 is $22.70M, based on 3 Wall Street analysts, with a range of $18.16M to $27.24M. The forecast indicates a 62.36% rise compared to CUBE last annual SG&A of $13.98M (Dec 23).

CubeSmart EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433334543633344443333464474
EPS------------$0.50$0.46$0.43$0.43$0.26$0.40$0.16$0.07$0.13$0.43$0.24$0.21$0.22$0.24$0.20$0.20$0.22$0.22
Avg Forecast$0.50$0.49$0.49$0.44$0.46$0.46$0.44$0.43$0.45$0.45$0.42$0.42$0.45$0.44$0.42$0.33$0.30$0.29$0.24$0.24$0.25$0.27$0.22$0.25$0.20$0.20$0.18$0.19$0.19$0.22
High Forecast$0.51$0.51$0.51$0.45$0.47$0.47$0.45$0.44$0.46$0.46$0.43$0.43$0.46$0.45$0.43$0.33$0.30$0.29$0.25$0.25$0.25$0.28$0.23$0.26$0.20$0.21$0.18$0.19$0.20$0.22
Low Forecast$0.48$0.48$0.47$0.42$0.44$0.44$0.42$0.41$0.43$0.44$0.41$0.41$0.44$0.43$0.40$0.31$0.29$0.28$0.22$0.22$0.23$0.25$0.20$0.23$0.18$0.18$0.16$0.17$0.18$0.20
Surprise %------------1.11%1.04%1.02%1.32%0.88%1.40%0.67%0.28%0.53%1.59%1.09%0.83%1.10%1.19%1.11%1.06%1.13%1.01%

According to 3 Wall Street analysts, CubeSmart's projected average Quarter EPS for Mar 24 is $0.42, with a low estimate of $0.41 and a high estimate of $0.43. This represents a -15.23% decrease compared to CUBE previous annual EPS of $0.50 (Dec 23).

CubeSmart Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
LXPLXP Industrial Trust$10.16$14.0037.80%Buy
PLDPrologis$129.98$145.6712.07%Buy
PLYMPlymouth Industrial REIT$23.10$25.409.96%Buy
FRFirst Industrial Realty Trust$56.34$60.226.89%Buy
REXRRexford Industrial Realty$50.59$54.006.74%Buy
NSANational Storage Affiliates Trust$47.66$49.002.81%Hold
EGPEastGroup Properties$187.50$189.601.12%Buy
STAGSTAG Industrial$40.04$39.69-0.87%Buy
LSILife Storage$133.10$131.14-1.47%Buy
EXRExtra Space Storage$177.90$169.56-4.69%Buy
PSAPublic Storage$359.16$333.09-7.26%Buy
CUBECubeSmart$54.00$48.88-9.48%Buy

CUBE Forecast FAQ


Yes, according to 11 Wall Street analysts, CubeSmart (CUBE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 54.55% of CUBE's total ratings.

CubeSmart (CUBE) average price target is $48.88 with a range of $41 to $54, implying a -9.48% from its last price of $54. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for CUBE stock, the company can go down by -9.48% (from the last price of $54 to the average price target of $48.88), down by 0% based on the highest stock price target, and down by -24.07% based on the lowest stock price target.

CUBE's average twelve months analyst stock price target of $48.88 does not support the claim that CubeSmart can reach $80 in the near future.

3 Wall Street analysts forecast a $51.33 price target for CubeSmart (CUBE) this month, down -4.94% from its last price of $54. Compared to the last 3 and 12 months, the average price target decreased by -5.56% and decreased by -8.33%, respectively.

CubeSmart's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.1B (high $1.12B, low $1.07B), average EBITDA is $711.21M (high $724.24M, low $689.88M), average net income is $405.27M (high $414.93M, low $389.47M), average SG&A $63.22M (high $64.38M, low $61.33M), and average EPS is $1.79 (high $1.83, low $1.72). CUBE's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.01B (high $1.03B, low $980.36M), average EBITDA is $653.5M (high $665.47M, low $633.9M), average net income is $436.44M (high $446.83M, low $419.42M), average SG&A $58.09M (high $59.16M, low $56.35M), and average EPS is $1.93 (high $1.97, low $1.85).

Based on CubeSmart's last annual report (Dec 2023), the company's revenue was $1.05B, beating the average analysts forecast of $1.04B by 0.65%. Apple's EBITDA was $198.7M, missing the average prediction of $713.76M by -72.16%. The company's net income was $410.76M, beating the average estimation of $352.23M by 16.62%. Apple's SG&A was $57.04M, missing the average forecast of $65.84M by -13.36%. Lastly, the company's EPS was $1.82, beating the average prediction of $1.64 by 10.91%. In terms of the last quarterly report (Dec 2023), CubeSmart's revenue was $265.12M, beating the average analysts' forecast of $260.44M by 1.80%. The company's EBITDA was $199.88M, beating the average prediction of $168.4M by 18.69%. CubeSmart's net income was $112.67M, beating the average estimation of $102.12M by 10.33%. The company's SG&A was $13.98M, missing the average forecast of $14.97M by -6.60%. Lastly, the company's EPS was $0.5, beating the average prediction of $0.451 by 10.96%