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Hertz Global (HTZ) Stock Forecast, Price Target & Predictions

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HTZ Stock Forecast

Hertz Global stock forecast is as follows: an average price target of $5.50 (represents a 60.82% upside from HTZ’s last price of $3.42) and a rating consensus of 'Hold', based on 8 wall street analysts offering a 1-year stock forecast.

HTZ Price Target

The average price target for Hertz Global (HTZ) is $5.50 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $7.00 to $4.00. This represents a potential 60.82% upside from HTZ's last price of $3.42.

HTZ Analyst Ratings

Hold

According to 8 Wall Street analysts, Hertz Global's rating consensus is 'Hold'. The analyst rating breakdown for HTZ stock is 0 'Strong Buy' (0.00%), 1 'Buy' (12.50%), 4 'Hold' (50.00%), 3 'Sell' (37.50%), and 0 'Strong Sell' (0.00%).

Hertz Global Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 06, 2024Adam JonasMorgan Stanley$7.00$3.7188.93%104.68%
Jul 30, 2024Stephanie MooreJefferies$4.00$3.814.99%16.96%
Apr 29, 2024Chris WoronkaDeutsche Bank$4.80$4.692.35%40.35%
Apr 18, 2024Chris WoronkaDeutsche Bank$6.00$6.16-2.52%75.44%
Apr 10, 2024Adam JonasMorgan Stanley$9.00$7.8015.38%163.16%
Apr 04, 2024Lizzie DoveGoldman Sachs$7.00$7.63-8.26%104.68%
Jan 17, 2024Adam JonasMorgan Stanley$15.00$8.3679.43%338.60%
Feb 08, 2023Deutsche Bank$27.00$19.0042.11%689.47%
Dec 06, 2022Susquehanna$18.00$16.1811.21%426.32%
Aug 11, 2022Tigress Financial$34.00$21.9055.25%894.15%
Aug 01, 2022Morgan Stanley$18.00$21.90-17.81%426.32%
Jul 29, 2022Deutsche Bank$38.00$20.6284.29%1011.11%
Jul 14, 2022Morgan Stanley$16.00$16.93-5.49%367.84%
Jul 13, 2022Brian JohnsonBarclays$21.00$17.3221.25%514.04%
Jul 13, 2022Deutsche Bank$29.00$17.1968.70%747.95%
Jun 07, 2022Morgan Stanley$23.00$17.8428.92%572.51%
Apr 25, 2022Brian JohnsonBarclays$25.00$22.5510.86%630.99%
Apr 02, 2022Ivan FeinsethTigress Financial$32.00$21.1251.52%835.67%

The latest Hertz Global stock forecast, released on Aug 06, 2024 by Adam Jonas from Morgan Stanley, set a price target of $7.00, which represents a 88.93% increase from the stock price at the time of the forecast ($3.71), and a 104.68% increase from HTZ last price ($3.42).

Hertz Global Price Target by Period

1M3M12M
# Anlaysts--7
Avg Price Target--$7.54
Last Closing Price$3.42$3.42$3.42
Upside/Downside-100.00%-100.00%120.47%

In the current month, the average price target of Hertz Global stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Hertz Global's last price of $3.42. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Sep 19, 2024BarclaysOverweightUnderweightInitialise
Aug 06, 2024Morgan StanleyReduceReduceHold
Jul 30, 2024JefferiesHoldHoldHold
Jul 05, 2024OppenheimerPerformPerformHold
Jun 13, 2024Bank of America SecuritiesUnderperformUnderperformHold
May 14, 2024Bank of America SecuritiesUnderperformUnderperformHold
Apr 23, 2024Goldman SachsSellSellHold
Apr 18, 2024Deutsche BankHoldHoldHold
Apr 04, 2024Goldman SachsSellDowngrade
Jan 25, 2024NeedhamNeutralDowngrade
Jan 17, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Feb 08, 2023Deutsche BankBuyBuyHold
Dec 06, 2022SusquehannaNeutralInitialise
Aug 10, 2022Tigress FinancialBuyBuyHold
Jul 14, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 13, 2022Deutsche BankBuyBuyHold
Jul 05, 2022BarclaysOverweightOverweightHold
Jun 07, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Apr 25, 2022BarclaysOverweightOverweightHold
Apr 02, 2022Tigress FinancialBuyInitialise
Feb 24, 2022Deutsche BankBuyBuyHold

Hertz Global's last stock rating was published by Barclays on Sep 19, 2024. The company Initialise its HTZ rating from "Overweight" to "Underweight".

Hertz Global Financial Forecast

Hertz Global Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 20Mar 19Mar 18Mar 17Mar 16Jun 15Mar 13Mar 12Mar 11Mar 10Mar 09
Revenue--------$2.18B-$2.44B$2.05B$2.04B$2.50B$2.34B$1.81B$1.95B$2.23B$1.87B$1.92B$2.11B$2.06B$1.92B$2.31B$2.69B$2.44B$1.96B$1.78B$1.66B$1.56B
Avg Forecast$2.09B$2.61B$2.36B$2.07B$2.13B$2.65B$2.46B$2.04B$2.15B$2.70B$2.45B$2.01B$2.03B$2.46B$2.36B$1.76B$1.97B$2.22B$1.75B$1.29B$2.47B$1.64B$1.64B$20.80B$1.98B$1.74B$3.53B$2.23B$1.81B$1.32B
High Forecast$2.10B$2.63B$2.38B$2.08B$2.16B$2.69B$2.46B$2.04B$2.17B$2.75B$2.47B$2.03B$2.05B$2.46B$2.36B$1.76B$1.97B$2.22B$1.75B$1.54B$2.96B$1.97B$1.97B$24.96B$2.38B$2.09B$4.24B$2.67B$2.17B$1.58B
Low Forecast$2.07B$2.59B$2.34B$2.05B$2.10B$2.61B$2.46B$2.04B$2.11B$2.65B$2.43B$2.00B$2.02B$2.46B$2.36B$1.76B$1.97B$2.22B$1.75B$1.03B$1.98B$1.31B$1.31B$16.64B$1.59B$1.39B$2.82B$1.78B$1.45B$1.05B
# Analysts11115222464424443458191314171971716117
Surprise %--------1.01%-1.00%1.02%1.00%1.01%0.99%1.03%0.99%1.00%1.07%1.50%0.85%1.26%1.17%0.11%1.36%1.40%0.56%0.80%0.92%1.19%

Hertz Global's average Quarter revenue forecast for Mar 24 based on 2 analysts is $2.04B, with a low forecast of $2.04B, and a high forecast of $2.04B. HTZ's average Quarter revenue forecast represents a -6.64% decrease compared to the company's last Quarter revenue of $2.18B (Dec 23).

Hertz Global EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 20Mar 19Mar 18Mar 17Mar 16Jun 15Mar 13Mar 12Mar 11Mar 10Mar 09
# Analysts11115222464424443458191314171971716117
EBITDA--------$64.00M-$340.00M$681.00M$470.00M$808.00M$614.00M$176.00M$71.00M$963.00M$185.00M$601.00M$727.00M$634.00M$578.00M$856.00M$967.00M$902.59M$677.99M$501.32M$534.85M$495.37M
Avg Forecast$667.55M$835.62M$753.65M$660.40M$679.47M$847.41M$786.82M$768.18M$688.75M$862.30M$782.72M$607.25M$72.09M$712.71M$682.67M$552.05M$56.99M$643.84M$506.74M$333.33M$833.54M$471.14M$481.34M$7.70B$712.53M$644.71M$1.22B$626.65M$583.47M$417.16M
High Forecast$672.85M$842.26M$759.64M$665.64M$689.08M$859.47M$786.82M$921.81M$695.16M$880.70M$788.94M$728.70M$86.51M$712.71M$682.67M$662.46M$68.38M$643.84M$506.74M$399.99M$1.00B$565.37M$577.61M$9.24B$855.03M$773.65M$1.46B$751.98M$700.16M$500.59M
Low Forecast$662.42M$829.19M$747.86M$655.32M$669.85M$835.35M$786.82M$614.54M$675.94M$847.90M$776.70M$485.80M$57.67M$712.71M$682.67M$441.64M$45.59M$643.84M$506.74M$266.66M$666.83M$376.91M$385.07M$6.16B$570.02M$515.76M$976.31M$501.32M$466.78M$333.73M
Surprise %--------0.09%-0.43%1.12%6.52%1.13%0.90%0.32%1.25%1.50%0.37%1.80%0.87%1.35%1.20%0.11%1.36%1.40%0.56%0.80%0.92%1.19%

2 analysts predict HTZ's average Quarter EBITDA for Mar 24 to be $768.18M, with a high of $921.81M and a low of $614.54M. This is 1100.27% upper than Hertz Global's previous annual EBITDA (Dec 23) of $64.00M.

Hertz Global Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 20Mar 19Mar 18Mar 17Mar 16Jun 15Mar 13Mar 12Mar 11Mar 10Mar 09
# Analysts11115222464424443458191314171971716117
Net Income--------$-348.00M-$139.00M$196.00M$116.00M$577.00M$940.00M$426.00M$-262.00M$605.00M$-168.00M$-356.00M$-147.00M$-202.00M$-223.00M$-51.00M$23.00M$17.96M$-56.33M$-132.62M$-150.41M$-163.51M
Avg Forecast$-13.86M$75.28M$-91.71M$-199.00M$-200.85M$-148.88M$-382.98M$564.21M$-322.60M$207.54M$196.36M$446.02M$-263.99M$320.08M$351.90M$405.47M$-208.68M$260.10M$214.20M$-197.45M$-168.54M$-150.11M$-185.71M$-459.00M$16.95M$12.83M$-101.40M$-165.77M$-164.08M$-137.69M
High Forecast$-13.72M$76.05M$-90.79M$-197.01M$-154.94M$-147.39M$-379.15M$677.05M$-161.30M$273.07M$198.39M$535.22M$-211.19M$320.08M$352.61M$486.56M$-166.95M$260.10M$214.20M$-157.96M$-134.83M$-120.09M$-148.57M$-367.20M$20.34M$15.40M$-81.12M$-132.62M$-131.26M$-110.15M
Low Forecast$-14.00M$74.52M$-92.66M$-201.05M$-232.41M$-150.41M$-386.93M$451.37M$-376.36M$166.58M$194.40M$356.81M$-316.78M$320.08M$351.19M$324.38M$-250.42M$260.10M$214.20M$-236.93M$-202.25M$-180.13M$-222.85M$-550.80M$13.56M$10.26M$-121.68M$-198.92M$-196.89M$-165.23M
Surprise %--------1.08%-0.71%0.44%-0.44%1.80%2.67%1.05%1.26%2.33%-0.78%1.80%0.87%1.35%1.20%0.11%1.36%1.40%0.56%0.80%0.92%1.19%

Hertz Global's average Quarter net income forecast for Sep 23 is $207.54M, with a range of $166.58M to $273.07M. HTZ's average Quarter net income forecast represents a 49.31% increase compared to the company's last Quarter net income of $139.00M (Jun 23).

Hertz Global SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 20Mar 19Mar 18Mar 17Mar 16Jun 15Mar 13Mar 12Mar 11Mar 10Mar 09
# Analysts11115222464424443458191314171971716117
SG&A--------$247.00M-$285.00M$221.00M$221.00M$246.00M$257.00M$235.00M$190.00M$177.00M$172.00M$208.00M$234.00M$234.00M$220.00M$267.00M$295.00M$251.71M$207.75M$182.22M$167.74M$166.72M
Avg Forecast$222.28M$278.24M$250.95M$219.89M$226.25M$282.17M$261.99M$311.24M$229.34M$287.12M$260.63M$246.04M$192.91M$262.15M$251.10M$223.67M$152.50M$236.82M$186.39M$115.36M$268.29M$173.89M$183.21M$2.40B$217.37M$179.79M$373.95M$227.78M$182.99M$140.40M
High Forecast$224.04M$280.45M$252.94M$221.64M$229.45M$286.18M$261.99M$373.49M$231.47M$293.25M$262.70M$295.25M$231.49M$262.15M$251.10M$268.41M$183.00M$236.82M$186.39M$138.43M$321.95M$208.67M$219.85M$2.88B$260.84M$215.75M$448.74M$273.33M$219.59M$168.48M
Low Forecast$220.57M$276.10M$249.02M$218.20M$223.04M$278.15M$261.99M$248.99M$225.07M$282.33M$258.62M$196.83M$154.33M$262.15M$251.10M$178.94M$122.00M$236.82M$186.39M$92.29M$214.63M$139.11M$146.57M$1.92B$173.89M$143.83M$299.16M$182.22M$146.39M$112.32M
Surprise %--------1.08%-1.09%0.90%1.15%0.94%1.02%1.05%1.25%0.75%0.92%1.80%0.87%1.35%1.20%0.11%1.36%1.40%0.56%0.80%0.92%1.19%

Hertz Global's average Quarter SG&A projection for Mar 24 is $311.24M, based on 2 Wall Street analysts, with a range of $248.99M to $373.49M. The forecast indicates a 26.01% rise compared to HTZ last annual SG&A of $247.00M (Dec 23).

Hertz Global EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 20Mar 19Mar 18Mar 17Mar 16Jun 15Mar 13Mar 12Mar 11Mar 10Mar 09
# Analysts11115222464424443458191314171971716117
EPS--------$-1.14-$0.44$0.61$0.35$1.62$2.36$0.99$-0.56$1.21$-1.05$-2.50$-1.75$-2.43$-2.69$-0.12$0.05$0.04$-0.13$-0.32$-0.37$-0.51
Avg Forecast$-0.05$0.25$-0.30$-0.65$-0.65$-0.48$-1.25$-0.45$-1.05$0.68$0.64$0.19$0.46$1.05$1.15$0.80$0.74$0.85$0.70$-0.66$-1.33$-0.81$-0.76$-0.09$0.14$0.10$0.02$-0.05$-0.12$-0.16
High Forecast$-0.04$0.25$-0.30$-0.64$-0.50$-0.48$-1.24$-0.44$-0.53$0.89$0.65$0.19$0.46$1.05$1.15$0.80$0.74$0.85$0.70$-0.53$-1.06$-0.65$-0.61$-0.07$0.17$0.12$0.02$-0.04$-0.10$-0.13
Low Forecast$-0.05$0.24$-0.30$-0.65$-0.76$-0.49$-1.26$-0.45$-1.23$0.54$0.63$0.19$0.45$1.05$1.15$0.80$0.74$0.85$0.70$-0.79$-1.60$-0.97$-0.91$-0.11$0.11$0.08$0.01$-0.06$-0.14$-0.19
Surprise %--------1.08%-0.69%3.25%0.76%1.55%2.05%1.24%-0.75%1.42%-1.50%3.79%1.32%3.00%3.54%1.33%0.36%0.40%-6.50%6.40%3.08%3.19%

According to 6 Wall Street analysts, Hertz Global's projected average Quarter EPS for Sep 23 is $0.68, with a low estimate of $0.54 and a high estimate of $0.89. This represents a 53.64% increase compared to HTZ previous annual EPS of $0.44 (Jun 23).

Hertz Global Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HTZHertz Global$3.66$5.5050.27%Hold
CTOSCustom Truck One Source$5.08$6.6731.30%Buy
ALTGAlta Equipment Group$7.04$9.0027.84%Hold
ALAir Lease$49.08$59.5021.23%Buy
CARAvis Budget Group$89.17$105.0017.75%Buy
GATXGATX$161.11$185.0014.83%Hold
URIUnited Rentals$758.39$860.0013.40%Buy
HEESH&E Equipment Services$53.20$58.009.02%Buy
HRIHerc$195.00$208.506.92%Buy
MGRCMcGrath RentCorp$118.50$120.001.27%Buy
AANAaron's Company$10.09$10.00-0.89%Hold
RRyder System$161.95$160.00-1.20%Buy

HTZ Forecast FAQ

Is Hertz Global a good buy?

No, according to 8 Wall Street analysts, Hertz Global (HTZ) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 12.50% of HTZ's total ratings.

What is HTZ's price target?

Hertz Global (HTZ) average price target is $5.5 with a range of $4 to $7, implying a 60.82% from its last price of $3.42. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Hertz Global stock go up soon?

According to Wall Street analysts' prediction for HTZ stock, the company can go up by 60.82% (from the last price of $3.42 to the average price target of $5.5), up by 104.68% based on the highest stock price target, and up by 16.96% based on the lowest stock price target.

Can Hertz Global stock reach $5?

HTZ's average twelve months analyst stock price target of $5.5 supports the claim that Hertz Global can reach $5 in the near future.

What are Hertz Global's analysts' financial forecasts?

Hertz Global's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $9.28B (high $9.34B, low $9.21B), average EBITDA is $3.08B (high $3.26B, low $2.91B), average net income is $-168M (high $-4.419M, low $-318M), average SG&A $1.08B (high $1.15B, low $1.01B), and average EPS is $-2.833 (high $-2.662, low $-2.959). HTZ's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $9.13B (high $9.2B, low $9.06B), average EBITDA is $2.92B (high $2.94B, low $2.89B), average net income is $-229M (high $-225M, low $-233M), average SG&A $971.36M (high $979.08M, low $963.89M), and average EPS is $-0.747 (high $-0.734, low $-0.76).

Did the HTZ's actual financial results beat the analysts' financial forecasts?

Based on Hertz Global's last annual report (Dec 2023), the company's revenue was $9.37B, beating the average analysts forecast of $9.31B by 0.62%. Apple's EBITDA was $1.89B, missing the average prediction of $2.94B by -35.80%. The company's net income was $616M, beating the average estimation of $527.31M by 16.82%. Apple's SG&A was $962M, missing the average forecast of $1.02B by -5.97%. Lastly, the company's EPS was $1.97, beating the average prediction of $0.453 by 335.20%. In terms of the last quarterly report (Dec 2023), Hertz Global's revenue was $2.18B, beating the average analysts' forecast of $2.15B by 1.37%. The company's EBITDA was $64M, missing the average prediction of $688.75M by -90.71%. Hertz Global's net income was $-348M, beating the average estimation of $-323M by 7.87%. The company's SG&A was $247M, beating the average forecast of $229.34M by 7.70%. Lastly, the company's EPS was $-1.14, beating the average prediction of $-1.051 by 8.49%