CubeSmart (CUBE) Target Cut as Barclays Updates 2026 REIT Sector View

CubeSmart (NYSE:CUBE) is included among the 15 Best High Yield Stocks to Buy.

On January 13, Barclays analyst Brendan Lynch trimmed his price target on CubeSmart (NYSE:CUBE) to $43 from $45, while keeping an Equal Weight rating on the stock. The change came as part of Barclays’ broader 2026 outlook update for the REIT sector. The firm said it sees the best upside next year in apartments, self-storage, and single-family rentals, while it’s less enthusiastic about cold storage and retail. Overall, Barclays is staying Neutral on REITs for 2026.

CubeSmart also had a meaningful quarter on the operating side. Its latest results marked the first time since Q1 2022 that the company posted positive move-in activity across its same-store portfolio. Management tied that improvement to strong pricing conditions during the busy rental season, along with steady customer demand.

In Q3 2025, CubeSmart’s same-store occupancy averaged 89.9%, ending the quarter at 89%. The company also brought one development property online, with a total cost of $18.1 million. At the same time, CubeSmart continued expanding its third-party management business, adding 46 new stores and lifting the platform to 863 third-party managed locations.

CubeSmart (NYSE:CUBE) is a self-managed REIT focused on self-storage, offering mostly climate-controlled spaces for both residential and commercial customers.

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