Hertz Global (HTZ) Stock Forecast, Price Target & Predictions
HTZ Stock Forecast
Hertz Global stock forecast is as follows: an average price target of $13.69 (represents a 261.21% upside from HTZ’s last price of $3.79) 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 $13.69 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $4.00. This represents a potential 261.21% upside from HTZ's last price of $3.79.
HTZ Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 06, 2024 | Adam Jonas | Morgan Stanley | $7.00 | $3.71 | 88.93% | 84.70% |
| Jul 30, 2024 | Stephanie Moore | Jefferies | $4.00 | $3.81 | 4.99% | 5.54% |
| Apr 29, 2024 | Chris Woronka | Deutsche Bank | $4.80 | $4.69 | 2.35% | 26.65% |
| Apr 18, 2024 | Chris Woronka | Deutsche Bank | $6.00 | $6.16 | -2.52% | 58.31% |
| Apr 10, 2024 | Adam Jonas | Morgan Stanley | $9.00 | $7.80 | 15.38% | 137.47% |
| Apr 04, 2024 | Lizzie Dove | Goldman Sachs | $7.00 | $7.63 | -8.26% | 84.70% |
| Jan 17, 2024 | Adam Jonas | Morgan Stanley | $15.00 | $8.36 | 79.43% | 295.78% |
| Feb 08, 2023 | - | Deutsche Bank | $27.00 | $19.00 | 42.11% | 612.40% |
| Dec 06, 2022 | - | Susquehanna | $18.00 | $16.18 | 11.21% | 374.93% |
| Aug 11, 2022 | - | Tigress Financial | $34.00 | $21.90 | 55.25% | 797.10% |
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 84.70% increase from HTZ last price ($3.79).
Hertz Global Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 7 |
| Avg Price Target | - | - | $7.54 |
| Last Closing Price | $3.79 | $3.79 | $3.79 |
| Upside/Downside | -100.00% | -100.00% | 98.94% |
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 $3.79. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 19, 2024 | Barclays | Overweight | Underweight | Initialise |
| Aug 06, 2024 | Morgan Stanley | Reduce | Reduce | Hold |
| Jul 30, 2024 | Jefferies | Hold | Hold | Hold |
| Jul 05, 2024 | Oppenheimer | Perform | Perform | Hold |
| Jun 13, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| May 14, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| Apr 23, 2024 | Goldman Sachs | Sell | Sell | Hold |
| Apr 18, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Apr 04, 2024 | Goldman Sachs | - | Sell | Downgrade |
| Jan 25, 2024 | Needham | - | Neutral | Downgrade |
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 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 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Jun 15 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | Mar 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 | $2.36B | $2.96B | $2.44B | $2.13B | $2.19B | $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 | $2.36B | $2.96B | $2.44B | $2.13B | $2.19B | $2.74B | $2.46B | $2.04B | $2.17B | $2.75B | $2.45B | $2.01B | $2.03B | $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 | $2.36B | $2.96B | $2.44B | $2.13B | $2.19B | $2.56B | $2.46B | $2.04B | $2.11B | $2.65B | $2.45B | $2.01B | $2.03B | $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 |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 4 | 5 | 8 | 19 | 13 | 14 | 17 | 19 | 7 | 17 | 16 | 11 | 7 |
| 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 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 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Jun 15 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 4 | 5 | 8 | 19 | 13 | 14 | 17 | 19 | 7 | 17 | 16 | 11 | 7 |
| 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 | $683.68M | $857.31M | $707.11M | $617.21M | $632.89M | $765.65M | $712.29M | $768.18M | $623.51M | $780.61M | $708.57M | $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 | $683.68M | $857.31M | $707.11M | $617.21M | $632.89M | $793.80M | $712.29M | $921.81M | $629.31M | $797.28M | $708.57M | $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 | $683.68M | $857.31M | $707.11M | $617.21M | $632.89M | $740.32M | $712.29M | $614.54M | $611.91M | $767.58M | $708.57M | $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 % | - | - | - | - | - | - | - | - | 0.10% | - | 0.48% | 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 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 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Jun 15 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 4 | 5 | 8 | 19 | 13 | 14 | 17 | 19 | 7 | 17 | 16 | 11 | 7 |
| 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 | $-126.07M | $123.32M | $-123.78M | $-257.81M | $-256.48M | $-139.40M | $-381.73M | $564.21M | $-321.54M | $206.86M | $195.72M | $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 | $-126.07M | $123.32M | $-123.78M | $-257.81M | $-256.48M | $-72.49M | $-381.73M | $677.05M | $-160.77M | $272.18M | $195.72M | $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 | $-126.07M | $123.32M | $-123.78M | $-257.81M | $-256.48M | $-250.93M | $-381.73M | $451.37M | $-375.13M | $166.03M | $195.72M | $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 $206.86M, with a range of $166.03M to $272.18M. HTZ's average Quarter net income forecast represents a 48.82% increase compared to the company's last Quarter net income of $139.00M (Jun 23).
Hertz Global 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Jun 15 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 4 | 5 | 8 | 19 | 13 | 14 | 17 | 19 | 7 | 17 | 16 | 11 | 7 |
| 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 | $251.47M | $315.33M | $260.09M | $227.02M | $232.79M | $281.62M | $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 | $251.47M | $315.33M | $260.09M | $227.02M | $232.79M | $291.97M | $261.99M | $373.49M | $231.47M | $293.25M | $260.63M | $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 | $251.47M | $315.33M | $260.09M | $227.02M | $232.79M | $272.30M | $261.99M | $248.99M | $225.07M | $282.33M | $260.63M | $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 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 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Jun 15 | Mar 13 | Mar 12 | Mar 11 | Mar 10 | Mar 09 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 4 | 5 | 8 | 19 | 13 | 14 | 17 | 19 | 7 | 17 | 16 | 11 | 7 |
| 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 | $-0.41 | $0.40 | $-0.40 | $-0.84 | $-0.84 | $-0.46 | $-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 | $-0.41 | $0.40 | $-0.40 | $-0.84 | $-0.84 | $-0.24 | $-1.25 | $-0.45 | $-0.53 | $0.89 | $0.64 | $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 | $-0.41 | $0.40 | $-0.40 | $-0.84 | $-0.84 | $-0.82 | $-1.25 | $-0.45 | $-1.23 | $0.54 | $0.64 | $0.19 | $0.46 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HTZ | Hertz Global | $3.79 | $13.69 | 261.21% | Hold |
| ALTG | Alta Equipment Group | $7.97 | $20.00 | 150.94% | Hold |
| CAR | Avis Budget Group | $105.63 | $168.86 | 59.86% | Buy |
| AAN | Aaron's Company | $10.09 | $13.03 | 29.14% | Hold |
| CTOS | Custom Truck One Source | $5.00 | $6.38 | 27.60% | Buy |
| AL | Air Lease | $49.35 | $54.00 | 9.42% | Buy |
| MGRC | McGrath RentCorp | $119.46 | $120.00 | 0.45% | Buy |
| HEES | H&E Equipment Services | $59.25 | $58.00 | -2.11% | Buy |
| HRI | Herc | $222.17 | $197.25 | -11.22% | Buy |
| R | Ryder System | $167.76 | $124.60 | -25.73% | Buy |
| URI | United Rentals | $858.83 | $475.40 | -44.65% | Buy |