---
title: "Research Alert: CFRA Keeps Hold Opinion On Shares Of Cubesmart"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285094434.md"
description: "CFRA has maintained a Hold opinion on CubeSmart shares, lowering the 12-month target price by $2 to $42. The forward P/FFO is set at 16.3x based on a 2026 FFO estimate of $2.59. Positive same-store revenue and fewer vacates contributed to performance, but challenges are expected in 2H 2026 with a projected 2%-3% decline in same-store NOI. Management favors stock repurchases over acquisitions, citing a premium in private market properties. The NYC metro area is seen as crucial for potential FFO growth in late 2026 and 2027."
datetime: "2026-05-04T15:25:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285094434.md)
  - [en](https://longbridge.com/en/news/285094434.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285094434.md)
---

# Research Alert: CFRA Keeps Hold Opinion On Shares Of Cubesmart

11:25 AM EDT, 05/04/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We decrease our 12-month target price by $2 to $42, using a forward P/FFO of 16.3x our 2026 FFO estimate, a small premium to CUBE's three-year average of 16.2x. We maintain our 2026 FFO estimate at $2.59 and decrease 2027 by $0.02 to $2.67. Same-store revenue turning positive in Q1 and CUBE having fewer vacates were the strongest keys to performance this quarter. We believe pricing may be improving outside the Sun Belt markets but note that CUBE faces tough comps in 2H 2026 with the market expecting same-store NOI to be down 2%-3% Y/Y. We note that management is currently more enthusiastic about stock repurchases than acquisitions, as it believes private market properties are trading at a growing premium to its public portfolio. In our view, this gap is more likely to close via private market valuations decreasing rather than CUBE's multiple meaningfully expanding. Overall, we believe the NYC metro is key to CUBE's potential for faster FFO growth in Q4 2026 and 2027, as demand continues to exceed supply there.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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