Herc (HRI) Stock Forecast, Price Target & Predictions
HRI Stock Forecast
Herc stock forecast is as follows: an average price target of $177.67 (represents a 28.03% upside from HRI’s last price of $138.77) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
HRI Price Target
The average price target for Herc (HRI) is $177.67 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $207.00 to $161.00. This represents a potential 28.03% upside from HRI's last price of $138.77.
HRI Analyst Ratings
According to 4 Wall Street analysts, Herc's rating consensus is 'Buy'. The analyst rating breakdown for HRI stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Herc Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 22, 2022 | Ken Newman | KeyBanc | $165.00 | $117.39 | 40.56% | 18.90% |
| Apr 22, 2022 | - | Wells Fargo | $207.00 | $139.90 | 47.97% | 49.17% |
| Dec 21, 2021 | Mircea Dobre | Robert W. Baird | $161.00 | $154.49 | 4.21% | 16.02% |
The latest Herc stock forecast, released on Aug 22, 2022 by Ken Newman from KeyBanc, set a price target of $165.00, which represents a 40.56% increase from the stock price at the time of the forecast ($117.39), and a 18.90% increase from HRI last price ($138.77).
Herc Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $138.77 | $138.77 | $138.77 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Herc stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Herc's last price of $138.77. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 24, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| Apr 10, 2023 | Credit Suisse | Overweight | Overweight | Hold |
| Jan 13, 2023 | Barclays | Overweight | Overweight | Hold |
| Aug 22, 2022 | KeyBanc | Overweight | Overweight | Hold |
| Jun 23, 2022 | Goldman Sachs | Buy | Buy | Hold |
Herc's last stock rating was published by Bank of America Securities on Apr 24, 2024. The company gave HRI a "Underperform" rating, the same as its previous rate.
Herc Financial Forecast
Herc Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $831.00M | - | $802.00M | $740.00M | $786.00M | $745.10M | - | $567.30M | $578.00M | $550.40M | $490.90M | $453.80M | $520.40M | $456.70M | $368.00M | $436.20M | $540.10M | $508.10M | $475.10M | $475.70M | $543.70M | $516.20M |
| Avg Forecast | $947.17M | $967.63M | $878.10M | $840.54M | $905.51M | $936.51M | $835.65M | $782.85M | $862.43M | $893.56M | $811.48M | $728.86M | $773.27M | $725.41M | $630.07M | $552.77M | $582.74M | $554.62M | $459.92M | $418.91M | $497.61M | $433.51M | $358.72M | $461.74M | $553.59M | $540.19M | $497.54M | $455.90M | $543.70M | $425.86M |
| High Forecast | $980.23M | $1.00B | $908.75M | $869.88M | $937.12M | $969.20M | $864.82M | $810.18M | $892.53M | $922.69M | $839.80M | $754.31M | $800.27M | $750.73M | $630.07M | $567.46M | $598.22M | $569.36M | $472.14M | $430.04M | $510.83M | $445.03M | $368.25M | $474.01M | $568.30M | $554.55M | $510.76M | $468.01M | $652.44M | $511.04M |
| Low Forecast | $915.30M | $935.08M | $848.55M | $812.26M | $875.05M | $905.00M | $807.54M | $756.51M | $833.41M | $872.57M | $784.17M | $704.34M | $747.26M | $701.00M | $630.07M | $544.34M | $573.85M | $546.16M | $452.91M | $412.52M | $490.02M | $426.90M | $353.25M | $454.69M | $545.15M | $531.95M | $489.95M | $448.94M | $434.96M | $340.69M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | - | 1 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 10 | 10 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 13 | 18 |
| Surprise % | - | - | - | - | - | - | - | - | 0.96% | - | 0.99% | 1.02% | 1.02% | 1.03% | - | 1.03% | 0.99% | 0.99% | 1.07% | 1.08% | 1.05% | 1.05% | 1.03% | 0.94% | 0.98% | 0.94% | 0.95% | 1.04% | 1.00% | 1.21% |
Herc's average Quarter revenue forecast for Mar 24 based on 0 analysts is $782.85M, with a low forecast of $756.51M, and a high forecast of $810.18M. HRI's average Quarter revenue forecast represents a -5.79% decrease compared to the company's last Quarter revenue of $831.00M (Dec 23).
Herc EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | - | 1 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 10 | 10 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 13 | 18 |
| EBITDA | - | - | - | - | - | - | - | - | $150.00M | - | $131.00M | $301.00M | $202.80M | $333.70M | - | $229.60M | $150.20M | $240.00M | $199.90M | $178.70M | $183.20M | $191.40M | $140.50M | $138.00M | $202.30M | $204.70M | $162.10M | $138.10M | $186.70M | $196.40M |
| Avg Forecast | $382.90M | $391.17M | $354.98M | $339.79M | $366.06M | $378.59M | $337.82M | $279.23M | $348.64M | $361.23M | $328.04M | $253.85M | $312.60M | $262.89M | $254.71M | $230.77M | $157.19M | $238.99M | $120.13M | $385.99M | $126.28M | $86.69M | $304.72M | $272.06M | $263.46M | $332.29M | $187.04M | $131.82M | $186.70M | $154.74M |
| High Forecast | $396.26M | $404.83M | $367.37M | $351.66M | $378.84M | $391.81M | $349.61M | $335.08M | $360.81M | $373.00M | $339.50M | $304.62M | $323.51M | $315.46M | $254.71M | $276.93M | $188.62M | $286.78M | $144.15M | $463.19M | $151.54M | $104.03M | $365.67M | $326.47M | $316.15M | $398.75M | $224.45M | $158.19M | $224.04M | $185.69M |
| Low Forecast | $370.02M | $378.01M | $343.03M | $328.36M | $353.74M | $365.85M | $326.45M | $223.39M | $336.91M | $352.74M | $317.01M | $203.08M | $302.08M | $210.31M | $254.71M | $184.62M | $125.75M | $191.19M | $96.10M | $308.79M | $101.03M | $69.35M | $243.78M | $217.65M | $210.77M | $265.83M | $149.63M | $105.46M | $149.36M | $123.79M |
| Surprise % | - | - | - | - | - | - | - | - | 0.43% | - | 0.40% | 1.19% | 0.65% | 1.27% | - | 0.99% | 0.96% | 1.00% | 1.66% | 0.46% | 1.45% | 2.21% | 0.46% | 0.51% | 0.77% | 0.62% | 0.87% | 1.05% | 1.00% | 1.27% |
0 analysts predict HRI's average Quarter EBITDA for Mar 24 to be $279.23M, with a high of $335.08M and a low of $223.39M. This is 86.16% upper than Herc's previous annual EBITDA (Dec 23) of $150.00M.
Herc Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | - | 1 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 10 | 10 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 13 | 18 |
| Net Income | - | - | - | - | - | - | - | - | $91.00M | - | $130.00M | $67.00M | $97.80M | $101.40M | - | $58.50M | $110.00M | $72.30M | $47.10M | $32.90M | $35.50M | $39.90M | $2.00M | $-3.70M | $35.10M | $9.40M | $9.70M | $-6.70M | $33.30M | $46.20M |
| Avg Forecast | $129.60M | $134.24M | $84.36M | $75.70M | $114.73M | $130.47M | $82.95M | $71.15M | $98.72M | $117.84M | $88.70M | $64.68M | $101.46M | $79.19M | $74.41M | $58.80M | $74.30M | $71.99M | $28.30M | $71.06M | $24.47M | $18.07M | $4.34M | $-7.29M | $45.71M | $15.26M | $11.19M | $-6.40M | $33.30M | $36.40M |
| High Forecast | $135.49M | $140.33M | $88.19M | $79.13M | $119.93M | $132.37M | $86.71M | $85.38M | $100.52M | $128.63M | $92.72M | $77.61M | $106.06M | $95.03M | $74.41M | $70.56M | $89.16M | $86.39M | $33.96M | $85.28M | $29.37M | $21.69M | $5.21M | $-5.84M | $54.85M | $18.31M | $13.43M | $-5.12M | $39.96M | $43.68M |
| Low Forecast | $123.93M | $128.36M | $80.67M | $72.39M | $109.71M | $128.29M | $79.32M | $56.92M | $96.92M | $103.36M | $84.82M | $51.74M | $97.02M | $63.36M | $74.41M | $47.04M | $59.44M | $57.60M | $22.64M | $56.85M | $19.58M | $14.46M | $3.47M | $-8.75M | $36.57M | $12.21M | $8.95M | $-7.67M | $26.64M | $29.12M |
| Surprise % | - | - | - | - | - | - | - | - | 0.92% | - | 1.47% | 1.04% | 0.96% | 1.28% | - | 0.99% | 1.48% | 1.00% | 1.66% | 0.46% | 1.45% | 2.21% | 0.46% | 0.51% | 0.77% | 0.62% | 0.87% | 1.05% | 1.00% | 1.27% |
Herc's average Quarter net income forecast for Mar 24 is $71.15M, with a range of $56.92M to $85.38M. HRI's average Quarter net income forecast represents a -21.82% decrease compared to the company's last Quarter net income of $91.00M (Dec 23).
Herc SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | - | 1 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 10 | 10 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 13 | 18 |
| SG&A | - | - | - | - | - | - | - | - | $116.00M | - | $111.00M | $106.00M | $112.20M | $111.50M | - | $89.40M | $89.00M | $81.50M | $74.00M | $65.50M | $69.80M | $61.00M | $56.80M | $69.80M | $73.60M | $76.20M | $73.50M | $71.50M | $82.40M | $78.40M |
| Avg Forecast | $137.93M | $140.91M | $127.87M | $122.41M | $131.87M | $136.38M | $121.69M | $108.73M | $125.59M | $130.13M | $118.17M | $98.84M | $112.61M | $89.27M | $91.76M | $89.86M | $93.14M | $81.16M | $44.47M | $141.48M | $48.11M | $27.63M | $123.19M | $137.61M | $95.85M | $123.70M | $84.81M | $68.25M | $82.40M | $61.77M |
| High Forecast | $142.75M | $145.83M | $132.34M | $126.68M | $136.47M | $141.14M | $125.94M | $130.47M | $129.98M | $134.37M | $122.30M | $118.61M | $116.54M | $107.13M | $91.76M | $107.83M | $111.77M | $97.39M | $53.36M | $169.78M | $57.74M | $33.16M | $147.83M | $165.13M | $115.02M | $148.44M | $101.77M | $81.90M | $98.88M | $74.12M |
| Low Forecast | $133.29M | $136.17M | $123.57M | $118.29M | $127.43M | $131.79M | $117.60M | $86.98M | $121.37M | $127.07M | $114.20M | $79.07M | $108.82M | $71.42M | $91.76M | $71.88M | $74.51M | $64.92M | $35.57M | $113.18M | $38.49M | $22.10M | $98.55M | $110.08M | $76.68M | $98.96M | $67.85M | $54.60M | $65.92M | $49.42M |
| Surprise % | - | - | - | - | - | - | - | - | 0.92% | - | 0.94% | 1.07% | 1.00% | 1.25% | - | 0.99% | 0.96% | 1.00% | 1.66% | 0.46% | 1.45% | 2.21% | 0.46% | 0.51% | 0.77% | 0.62% | 0.87% | 1.05% | 1.00% | 1.27% |
Herc's average Quarter SG&A projection for Mar 24 is $108.73M, based on 0 Wall Street analysts, with a range of $86.98M to $130.47M. The forecast indicates a -6.27% fall compared to HRI last annual SG&A of $116.00M (Dec 23).
Herc EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | - | 1 | 9 | 6 | 4 | 3 | 7 | 5 | 3 | 4 | 8 | 5 | 10 | 10 | 9 | 8 | 7 | 6 | 5 | 5 | 5 | 13 | 18 |
| EPS | - | - | - | - | - | - | - | - | $3.23 | - | $4.58 | $2.31 | $3.33 | $3.41 | - | $1.96 | $3.70 | $2.44 | $1.59 | $1.12 | $1.22 | $1.37 | $0.07 | $-0.13 | $1.22 | $0.33 | $0.34 | $-0.23 | $1.17 | $1.62 |
| Avg Forecast | $4.55 | $4.71 | $2.96 | $2.66 | $4.03 | $4.58 | $2.91 | $2.15 | $3.46 | $4.13 | $3.11 | $2.14 | $3.56 | $3.53 | $2.62 | $1.93 | $2.42 | $2.37 | $1.24 | $0.25 | $1.03 | $0.81 | $-0.59 | $-0.24 | $1.69 | $1.76 | $0.39 | $-0.22 | $1.16 | $0.71 |
| High Forecast | $4.75 | $4.92 | $3.09 | $2.78 | $4.21 | $4.64 | $3.04 | $2.25 | $3.53 | $4.51 | $3.25 | $2.24 | $3.72 | $3.69 | $2.62 | $2.00 | $2.50 | $2.45 | $1.28 | $0.26 | $1.06 | $0.84 | $-0.58 | $-0.24 | $1.75 | $1.82 | $0.41 | $-0.22 | $1.39 | $0.85 |
| Low Forecast | $4.35 | $4.50 | $2.83 | $2.54 | $3.85 | $4.50 | $2.78 | $2.06 | $3.40 | $3.63 | $2.98 | $2.05 | $3.40 | $3.37 | $2.62 | $1.89 | $2.37 | $2.32 | $1.22 | $0.25 | $1.01 | $0.80 | $-0.62 | $-0.25 | $1.66 | $1.73 | $0.38 | $-0.23 | $0.93 | $0.57 |
| Surprise % | - | - | - | - | - | - | - | - | 0.93% | - | 1.47% | 1.08% | 0.94% | 0.97% | - | 1.02% | 1.53% | 1.03% | 1.28% | 4.46% | 1.19% | 1.68% | -0.12% | 0.53% | 0.72% | 0.19% | 0.87% | 1.04% | 1.01% | 2.28% |
According to 0 Wall Street analysts, Herc's projected average Quarter EPS for Mar 24 is $2.15, with a low estimate of $2.06 and a high estimate of $2.25. This represents a -33.46% decrease compared to HRI previous annual EPS of $3.23 (Dec 23).
Herc Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ALTG | Alta Equipment Group | $6.47 | $20.00 | 209.12% | Hold |
| CTOS | Custom Truck One Source | $3.73 | $6.63 | 77.75% | Buy |
| HEES | H&E Equipment Services | $43.62 | $58.00 | 32.97% | Buy |
| AAN | Aaron's Company | $10.04 | $13.03 | 29.78% | Hold |
| HRI | Herc | $138.77 | $177.67 | 28.03% | Buy |
| AL | Air Lease | $43.65 | $54.00 | 23.71% | Buy |
| PRG | PROG | $46.35 | $55.00 | 18.66% | Buy |
HRI Forecast FAQ
Is Herc a good buy?
Yes, according to 4 Wall Street analysts, Herc (HRI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of HRI's total ratings.
What is HRI's price target?
Herc (HRI) average price target is $177.67 with a range of $161 to $207, implying a 28.03% from its last price of $138.77. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Herc stock go up soon?
According to Wall Street analysts' prediction for HRI stock, the company can go up by 28.03% (from the last price of $138.77 to the average price target of $177.67), up by 49.17% based on the highest stock price target, and up by 16.02% based on the lowest stock price target.
Can Herc stock reach $200?
HRI's highest twelve months analyst stock price target of $207 supports the claim that Herc can reach $200 in the near future.
What are Herc's analysts' financial forecasts?
Herc's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $3.46B (high $3.58B, low $3.34B), average EBITDA is $1.36B (high $1.46B, low $1.27B), average net income is $399.29M (high $424.39M, low $374.24M), average SG&A $498.67M (high $534.02M, low $463.8M), and average EPS is $13.66 (high $14.14, low $13.19). HRI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.63B (high $3.76B, low $3.51B), average EBITDA is $1.47B (high $1.52B, low $1.42B), average net income is $423.89M (high $443.13M, low $405.35M), average SG&A $529.13M (high $547.6M, low $511.32M), and average EPS is $14.87 (high $15.55, low $14.22).
Did the HRI's actual financial results beat the analysts' financial forecasts?
Based on Herc's last annual report (Dec 2023), the company's revenue was $3.28B, which missed the average analysts forecast of $3.3B by -0.43%. Apple's EBITDA was $583M, missing the average prediction of $1.29B by -54.87%. The company's net income was $347M, missing the average estimation of $369.94M by -6.20%. Apple's SG&A was $448M, missing the average forecast of $472.73M by -5.23%. Lastly, the company's EPS was $12.18, missing the average prediction of $12.85 by -5.24%. In terms of the last quarterly report (Dec 2023), Herc's revenue was $831M, missing the average analysts' forecast of $862.43M by -3.64%. The company's EBITDA was $150M, missing the average prediction of $348.64M by -56.98%. Herc's net income was $91M, missing the average estimation of $98.72M by -7.82%. The company's SG&A was $116M, missing the average forecast of $125.59M by -7.64%. Lastly, the company's EPS was $3.23, missing the average prediction of $3.46 by -6.75%