-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點總結如下：我們將CUBE的12個月目標價下調2美元至42美元，採用16.3倍的預期市盈率（P/FFO），該市盈率基於我們對2026年FFO的預測，略高於CUBE過去三年的平均水平16.2倍。我們維持2026年FFO的預測為2.59美元，並將2027年的目標價下調0.02美元至2.67美元。第一季同店營收轉正以及CUBE空置率降低是本季業績表現的最主要因素。我們認為，除陽光地帶市場外，CUBE的定價可能正在改善，但需要注意的是，CUBE在2026年下半年將面臨嚴峻的同店銷售競爭，市場預期其同店淨營業收入（NOI）將同比下降2%-3%。我們注意到，管理層目前更熱衷於股票回購而非收購，因為他們認為私募市場物業的交易價格相對於其上市物業組合的溢價越來越高。我們認為，這種差距更有可能透過私募市場估值下降來縮小，而不是透過CUBE的本益比大幅擴張來縮小。總體而言，我們認為紐約都會區對於CUBE在2026年第四季和2027年實現更快的FFO成長潛力至關重要，因為該地區的需求持續超過供應。
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