Herc (HRI) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

HRI Stock Forecast

Herc stock forecast is as follows: an average price target of $197.25 (represents a -7.59% downside from HRI’s last price of $213.45) 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 $197.25 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $267.00 to $150.00. This represents a potential -7.59% downside from HRI's last price of $213.45.

HRI Analyst Ratings

Buy

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
Oct 23, 2024	Sherif El-Sabbahy	Bank of America Securities	$150.00	$198.60	-24.47%	-29.73%
Oct 22, 2024	Fresh Pick	Robert W. Baird	$267.00	$193.74	37.81%	25.09%
Aug 22, 2022	Ken Newman	KeyBanc	$165.00	$117.39	40.56%	-22.70%
Apr 22, 2022	-	Wells Fargo	$207.00	$139.90	47.97%	-3.02%
Dec 21, 2021	Mircea Dobre	Robert W. Baird	$161.00	$154.49	4.21%	-24.57%

Row per page

Go to

The latest Herc stock forecast, released on Oct 23, 2024 by Sherif El-Sabbahy from Bank of America Securities, set a price target of $150.00, which represents a -24.47% decrease from the stock price at the time of the forecast ($198.60), and a -29.73% decrease from HRI last price ($213.45).

Herc Price Target by Period

	1M	3M	12M
# Anlaysts	2	2	2
Avg Price Target	$208.50	$208.50	$208.50
Last Closing Price	$213.45	$213.45	$213.45
Upside/Downside	-2.32%	-2.32%	-2.32%

In the current month, the average price target of Herc stock is $208.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -2.32% decrease as opposed to Herc's last price of $213.45. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 23, 2024	Bank of America Securities	Underperform	Underperform	Hold
Oct 23, 2024	Barclays	Overweight	Overweight	Hold
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

Row per page

Go to

Herc's last stock rating was published by Bank of America Securities on Oct 23, 2024. The company gave HRI a "Underperform" rating, the same as its previous rate.

Herc Financial Forecast

Herc Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$831.00M	-	$802.00M	$740.00M	$786.00M	$745.10M	$640.40M	$567.30M	$578.00M	$550.40M	$490.90M	$453.80M	$520.40M	$456.70M	$368.00M	$436.20M	$540.10M	$508.10M
Avg Forecast	$1.04B	$995.00M	$926.60M	$888.40M	$967.23M	$989.76M	$888.87M	$847.98M	$929.35M	$931.33M	$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
High Forecast	$1.05B	$1.01B	$937.91M	$899.24M	$979.04M	$1.00B	$899.72M	$858.33M	$940.69M	$933.92M	$835.65M	$782.85M	$872.95M	$922.69M	$821.38M	$737.76M	$782.71M	$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
Low Forecast	$1.02B	$978.84M	$911.55M	$873.97M	$951.53M	$973.69M	$874.44M	$834.21M	$914.26M	$928.74M	$835.65M	$782.85M	$848.42M	$872.57M	$798.30M	$717.03M	$760.72M	$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
# Analysts	1	1	1	1	1	1	1	2	4	2	1	1	1	9	6	4	3	7	4	3	4	7	4	4	4	6	4	4	7	4
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.96%	-	0.99%	1.02%	1.02%	1.03%	1.02%	1.03%	0.99%	0.99%	1.07%	1.08%	1.05%	1.05%	1.03%	0.94%	0.98%	0.94%

Herc's average Quarter revenue forecast for Mar 24 based on 1 analysts is $782.85M, with a low forecast of $782.85M, and a high forecast of $782.85M. 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 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	4	2	1	1	1	9	6	4	3	7	4	3	4	7	4	4	4	6	4	4	7	4
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$150.00M	-	$131.00M	$301.00M	$202.80M	$333.70M	$275.60M	$229.60M	$150.20M	$240.00M	$199.90M	$178.70M	$183.20M	$191.40M	$140.50M	$138.00M	$202.30M	$204.70M
Avg Forecast	$410.43M	$393.92M	$366.84M	$351.72M	$382.93M	$391.84M	$351.90M	$335.71M	$367.93M	$368.71M	$330.83M	$279.23M	$341.43M	$353.76M	$321.26M	$253.85M	$172.90M	$293.25M	$254.71M	$230.77M	$235.58M	$224.21M	$185.93M	$385.99M	$201.16M	$175.25M	$145.02M	$272.06M	$223.79M	$218.38M
High Forecast	$415.44M	$398.73M	$371.32M	$356.01M	$387.60M	$396.63M	$356.20M	$339.81M	$372.42M	$369.74M	$330.83M	$335.08M	$345.60M	$365.29M	$325.18M	$304.62M	$207.49M	$293.25M	$254.71M	$276.93M	$235.58M	$224.21M	$185.93M	$463.19M	$201.16M	$175.25M	$145.02M	$326.47M	$223.79M	$218.38M
Low Forecast	$403.76M	$387.52M	$360.88M	$346.00M	$376.71M	$385.48M	$346.19M	$330.26M	$361.95M	$367.69M	$330.83M	$223.39M	$335.89M	$345.45M	$316.04M	$203.08M	$138.32M	$293.25M	$254.71M	$184.62M	$235.58M	$224.21M	$185.93M	$308.79M	$201.16M	$175.25M	$145.02M	$217.65M	$223.79M	$218.38M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.44%	-	0.41%	1.19%	1.17%	1.14%	1.08%	0.99%	0.64%	1.07%	1.08%	0.46%	0.91%	1.09%	0.97%	0.51%	0.90%	0.94%

1 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 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	4	2	1	1	1	9	6	4	3	7	4	3	4	7	4	4	4	6	4	4	7	4
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$91.00M	-	$130.00M	$67.00M	$97.80M	$101.40M	$72.20M	$58.50M	$110.00M	$72.30M	$47.10M	$32.90M	$35.50M	$39.90M	$2.00M	$-3.70M	$35.10M	$9.40M
Avg Forecast	$172.71M	$158.18M	$89.49M	$83.51M	$127.68M	$135.32M	$82.37M	$68.23M	$111.68M	$127.58M	$82.95M	$71.15M	$98.72M	$117.84M	$88.70M	$64.68M	$81.73M	$100.51M	$74.67M	$58.80M	$68.90M	$67.44M	$35.34M	$71.06M	$29.32M	$23.19M	$-16.96M	$-7.29M	$48.12M	$50.20M
High Forecast	$175.45M	$160.69M	$90.91M	$84.83M	$129.71M	$137.47M	$83.67M	$69.31M	$113.25M	$129.03M	$82.95M	$85.38M	$100.52M	$128.63M	$90.11M	$77.61M	$98.08M	$100.51M	$74.67M	$70.56M	$68.90M	$67.44M	$35.34M	$85.28M	$29.32M	$23.19M	$-16.96M	$-5.84M	$48.12M	$50.20M
Low Forecast	$169.06M	$154.84M	$87.60M	$81.74M	$124.98M	$132.46M	$80.63M	$66.79M	$110.12M	$126.13M	$82.94M	$56.92M	$96.92M	$103.36M	$86.83M	$51.74M	$65.39M	$100.51M	$74.67M	$47.04M	$68.90M	$67.44M	$35.34M	$56.85M	$29.32M	$23.19M	$-16.96M	$-8.75M	$48.12M	$50.20M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.92%	-	1.47%	1.04%	1.20%	1.01%	0.97%	0.99%	1.60%	1.07%	1.33%	0.46%	1.21%	1.72%	-0.12%	0.51%	0.73%	0.19%

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 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	4	2	1	1	1	9	6	4	3	7	4	3	4	7	4	4	4	6	4	4	7	4
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$116.00M	-	$111.00M	$106.00M	$112.20M	$111.50M	$97.00M	$89.40M	$89.00M	$81.50M	$74.00M	$65.50M	$69.80M	$61.00M	$56.80M	$69.80M	$73.60M	$76.20M
Avg Forecast	$150.97M	$144.90M	$134.94M	$129.37M	$140.86M	$144.14M	$129.44M	$123.49M	$135.34M	$135.63M	$121.69M	$108.73M	$125.59M	$130.13M	$118.17M	$98.84M	$102.45M	$105.64M	$91.76M	$89.86M	$84.86M	$80.77M	$66.98M	$141.48M	$72.47M	$63.13M	$52.24M	$137.61M	$80.62M	$78.67M
High Forecast	$152.81M	$146.67M	$136.59M	$130.95M	$142.57M	$145.90M	$131.02M	$125.00M	$136.99M	$136.00M	$121.69M	$130.47M	$127.13M	$134.37M	$119.62M	$118.61M	$122.94M	$105.64M	$91.76M	$107.83M	$84.86M	$80.77M	$66.98M	$169.78M	$72.47M	$63.13M	$52.24M	$165.13M	$80.62M	$78.67M
Low Forecast	$148.52M	$142.55M	$132.75M	$127.27M	$138.57M	$141.80M	$127.34M	$121.48M	$133.14M	$135.25M	$121.69M	$86.98M	$123.55M	$127.07M	$116.25M	$79.07M	$81.96M	$105.64M	$91.76M	$71.88M	$84.86M	$80.77M	$66.98M	$113.18M	$72.47M	$63.13M	$52.24M	$110.08M	$80.62M	$78.67M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.92%	-	0.94%	1.07%	1.10%	1.06%	1.06%	0.99%	1.05%	1.01%	1.10%	0.46%	0.96%	0.97%	1.09%	0.51%	0.91%	0.97%

Herc's average Quarter SG&A projection for Mar 24 is $108.73M, based on 1 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 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	4	2	1	1	1	9	6	4	3	7	4	3	4	7	4	4	4	6	4	4	7	4
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$3.23	-	$4.58	$2.31	$3.33	$3.41	$2.42	$1.96	$3.70	$2.44	$1.59	$1.12	$1.22	$1.37	$0.07	$-0.13	$1.22	$0.33
Avg Forecast	$6.06	$5.55	$3.14	$2.93	$4.48	$4.75	$2.89	$2.39	$3.92	$4.48	$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
High Forecast	$6.16	$5.64	$3.19	$2.98	$4.55	$4.82	$2.94	$2.43	$3.97	$4.53	$2.91	$2.15	$3.53	$4.51	$3.16	$2.18	$3.62	$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
Low Forecast	$5.93	$5.43	$3.07	$2.87	$4.39	$4.65	$2.83	$2.34	$3.86	$4.43	$2.91	$2.15	$3.40	$3.63	$3.05	$2.10	$3.48	$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
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.93%	-	1.47%	1.08%	0.94%	0.97%	0.92%	1.02%	1.53%	1.03%	1.28%	4.46%	1.19%	1.68%	-0.12%	0.53%	0.72%	0.19%

According to 1 Wall Street analysts, Herc's projected average Quarter EPS for Mar 24 is $2.15, with a low estimate of $2.15 and a high estimate of $2.15. 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	$7.45	$14.50	94.63%	Hold
AAN	Aaron's Company	$10.09	$13.03	29.14%	Hold
CTOS	Custom Truck One Source	$5.18	$6.38	23.17%	Buy
GATX	GATX	$154.28	$185.00	19.91%	Hold
PRG	PROG	$46.98	$54.00	14.94%	Buy
AL	Air Lease	$47.92	$54.00	12.69%	Buy
HEES	H&E Equipment Services	$55.27	$58.00	4.94%	Buy
MGRC	McGrath RentCorp	$117.97	$120.00	1.72%	Buy
HRI	Herc	$213.45	$197.25	-7.59%	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 $197.25 with a range of $150 to $267, implying a -7.59% from its last price of $213.45. 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 down by -7.59% (from the last price of $213.45 to the average price target of $197.25), up by 25.09% based on the highest stock price target, and down by -29.73% based on the lowest stock price target.

Can Herc stock reach $300?

HRI's average twelve months analyst stock price target of $197.25 does not support the claim that Herc can reach $300 in the near future.

What is Herc's current price target trend?

2 Wall Street analysts forecast a $208.5 price target for Herc (HRI) this month, down -2.32% from its last price of $213.45. Compared to the last 3 and 12 months, the average price target decreased by -2.32% and decreased by -2.32%, respectively.

What are Herc's analysts' financial forecasts?

Herc's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.69B (high $3.74B, low $3.63B), average EBITDA is $1.46B (high $1.48B, low $1.44B), average net income is $413.59M (high $420.16M, low $404.86M), average SG&A $537.92M (high $544.49M, low $529.19M), and average EPS is $14.51 (high $14.74, low $14.21). HRI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.85B (high $3.89B, low $3.78B), average EBITDA is $1.52B (high $1.54B, low $1.5B), average net income is $503.88M (high $511.88M, low $493.24M), average SG&A $560.18M (high $567.02M, low $551.09M), and average EPS is $17.68 (high $17.96, low $17.31).

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 $1.27B by -54.11%. 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 $341.43M by -56.07%. 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%