United Rentals (URI) Stock Forecast, Price Target & Predictions
URI Stock Forecast
United Rentals stock forecast is as follows: an average price target of $475.40 (represents a -44.65% downside from URI’s last price of $858.83) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
URI Price Target
The average price target for United Rentals (URI) is $475.40 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $860.00 to $269.00. This represents a potential -44.65% downside from URI's last price of $858.83.
URI Analyst Ratings
According to 8 Wall Street analysts, United Rentals's rating consensus is 'Buy'. The analyst rating breakdown for URI stock is 0 'Strong Buy' (0.00%), 6 'Buy' (75.00%), 1 'Hold' (12.50%), 1 'Sell' (12.50%), and 0 'Strong Sell' (0.00%).
United Rentals Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 29, 2024 | Kyle Menges | Citigroup | $860.00 | $744.21 | 15.56% | 0.14% |
| Mar 13, 2024 | Jamie Cook | Truist Financial | $793.00 | $668.43 | 18.64% | -7.67% |
| Jan 10, 2023 | - | Wells Fargo | $440.00 | $373.85 | 17.69% | -48.77% |
| Dec 14, 2022 | - | Morgan Stanley | $404.00 | $368.44 | 9.65% | -52.96% |
| Nov 16, 2022 | - | UBS | $420.00 | $346.90 | 21.07% | -51.10% |
| Oct 27, 2022 | Mircea Dobre | Robert W. Baird | $318.00 | $298.57 | 6.51% | -62.97% |
| Aug 22, 2022 | Ken Newman | KeyBanc | $425.00 | $307.80 | 38.08% | -50.51% |
| Aug 18, 2022 | Sam Boughedda | Bernstein | $269.00 | $320.45 | -16.06% | -68.68% |
| Jan 10, 2022 | Nicole Deblase | Deutsche Bank | $385.00 | $322.21 | 19.49% | -55.17% |
| Dec 09, 2021 | Courtney Yakavonis | Morgan Stanley | $395.00 | $356.53 | 10.79% | -54.01% |
The latest United Rentals stock forecast, released on Jul 29, 2024 by Kyle Menges from Citigroup, set a price target of $860.00, which represents a 15.56% increase from the stock price at the time of the forecast ($744.21), and a 0.14% increase from URI last price ($858.83).
United Rentals Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $826.50 |
| Last Closing Price | $858.83 | $858.83 | $858.83 |
| Upside/Downside | -100.00% | -100.00% | -3.76% |
In the current month, the average price target of United Rentals stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to United Rentals's last price of $858.83. 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 |
|---|---|---|---|---|
| Oct 09, 2024 | Citigroup | Buy | Buy | Hold |
| Jul 29, 2024 | Citigroup | Buy | Buy | Hold |
| Jun 27, 2024 | Raymond James | - | Outperform | Initialise |
| Apr 15, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jan 11, 2024 | OTR Global | Positive | Mixed | Upgrade |
| Feb 08, 2023 | Credit Suisse | - | Outperform | Initialise |
| Jan 10, 2023 | Wells Fargo | Overweight | Overweight | Hold |
| Dec 16, 2022 | OTR Global | - | Positive | Upgrade |
| Dec 14, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Nov 16, 2022 | UBS | Buy | Buy | Hold |
United Rentals's last stock rating was published by Citigroup on Oct 09, 2024. The company gave URI a "Buy" rating, the same as its previous rate.
United Rentals Financial Forecast
United Rentals 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 | - | - | - | - | - | - | - | - | - | - | - | - | $3.73B | - | $3.55B | $3.29B | $3.30B | $3.05B | $2.77B | $2.52B | $2.78B | $2.60B | $2.29B | $2.06B | $2.28B | $2.19B | $1.94B | $2.13B | $2.46B | $2.49B |
| Avg Forecast | $4.20B | $4.26B | $3.96B | $3.73B | $4.08B | $4.17B | $3.91B | $3.63B | $3.94B | $4.01B | $3.76B | $3.44B | $3.63B | $3.69B | $3.45B | $3.16B | $3.30B | $3.07B | $2.70B | $2.45B | $2.74B | $2.58B | $2.23B | $2.00B | $2.17B | $2.16B | $1.84B | $2.08B | $2.41B | $2.47B |
| High Forecast | $4.27B | $4.33B | $4.02B | $3.79B | $4.15B | $4.24B | $3.97B | $3.70B | $3.97B | $4.01B | $3.77B | $3.44B | $3.69B | $3.82B | $3.51B | $3.21B | $3.36B | $3.07B | $2.70B | $2.45B | $2.74B | $2.58B | $2.23B | $2.00B | $2.17B | $2.16B | $1.84B | $2.08B | $2.41B | $2.47B |
| Low Forecast | $4.12B | $4.17B | $3.88B | $3.65B | $4.00B | $4.09B | $3.83B | $3.53B | $3.90B | $4.01B | $3.76B | $3.44B | $3.55B | $3.55B | $3.38B | $3.09B | $3.23B | $3.07B | $2.70B | $2.45B | $2.74B | $2.58B | $2.23B | $2.00B | $2.17B | $2.16B | $1.84B | $2.08B | $2.41B | $2.47B |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 5 | 4 | 8 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 4 | 5 | 4 | 4 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | - | 1.03% | 1.04% | 1.00% | 0.99% | 1.02% | 1.03% | 1.01% | 1.01% | 1.02% | 1.03% | 1.05% | 1.01% | 1.06% | 1.02% | 1.02% | 1.01% |
United Rentals's average Quarter revenue forecast for Mar 24 based on 4 analysts is $3.44B, with a low forecast of $3.44B, and a high forecast of $3.44B. URI's average Quarter revenue forecast represents a -7.67% decrease compared to the company's last Quarter revenue of $3.73B (Dec 23).
United Rentals 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 5 | 4 | 8 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 4 | 5 | 4 | 4 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.17B | - | $1.04B | $1.44B | $1.60B | $1.48B | $1.27B | $1.11B | $1.27B | $1.19B | $955.00M | $841.00M | $998.00M | $1.05B | $874.00M | $890.00M | $1.12B | $1.18B |
| Avg Forecast | $1.91B | $1.93B | $1.80B | $1.69B | $1.85B | $1.89B | $1.77B | $1.65B | $1.79B | $1.82B | $1.71B | $1.32B | $1.65B | $1.68B | $1.57B | $1.20B | $1.26B | $1.39B | $1.23B | $947.09M | $1.24B | $1.17B | $1.01B | $736.03M | $984.61M | $980.94M | $834.28M | $670.13M | $1.09B | $1.12B |
| High Forecast | $1.94B | $1.97B | $1.83B | $1.72B | $1.88B | $1.92B | $1.80B | $1.68B | $1.80B | $1.82B | $1.71B | $1.58B | $1.68B | $1.73B | $1.59B | $1.44B | $1.51B | $1.39B | $1.23B | $1.14B | $1.24B | $1.17B | $1.01B | $883.23M | $984.61M | $980.94M | $834.28M | $804.15M | $1.09B | $1.12B |
| Low Forecast | $1.87B | $1.90B | $1.76B | $1.66B | $1.82B | $1.85B | $1.74B | $1.60B | $1.77B | $1.82B | $1.71B | $1.05B | $1.61B | $1.61B | $1.54B | $958.45M | $1.01B | $1.39B | $1.23B | $757.67M | $1.24B | $1.17B | $1.01B | $588.82M | $984.61M | $980.94M | $834.28M | $536.10M | $1.09B | $1.12B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | - | 0.66% | 1.20% | 1.28% | 1.06% | 1.03% | 1.17% | 1.02% | 1.02% | 0.94% | 1.14% | 1.01% | 1.07% | 1.05% | 1.33% | 1.03% | 1.05% |
4 analysts predict URI's average Quarter EBITDA for Mar 24 to be $1.32B, with a high of $1.58B and a low of $1.05B. This is 13.12% upper than United Rentals's previous annual EBITDA (Dec 23) of $1.17B.
United Rentals 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 5 | 4 | 8 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 4 | 5 | 4 | 4 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $679.00M | - | $591.00M | $451.00M | $639.00M | $606.00M | $493.00M | $367.00M | $481.00M | $409.00M | $293.00M | $203.00M | $297.00M | $208.00M | $212.00M | $173.00M | $338.00M | $391.00M |
| Avg Forecast | $949.00M | $943.84M | $791.77M | $679.19M | $845.78M | $870.63M | $748.11M | $620.46M | $778.58M | $825.78M | $699.08M | $436.12M | $707.28M | $743.22M | $596.22M | $396.47M | $476.35M | $604.56M | $431.35M | $313.42M | $448.42M | $453.69M | $324.75M | $177.87M | $284.26M | $289.78M | $120.48M | $130.55M | $344.79M | $373.28M |
| High Forecast | $969.45M | $964.17M | $808.83M | $693.82M | $864.01M | $889.38M | $764.22M | $662.97M | $806.78M | $828.89M | $699.40M | $523.35M | $737.27M | $871.30M | $609.07M | $475.77M | $571.62M | $604.56M | $431.35M | $376.10M | $448.42M | $453.69M | $324.75M | $213.45M | $284.26M | $289.78M | $120.48M | $156.66M | $344.79M | $373.28M |
| Low Forecast | $923.94M | $918.92M | $770.87M | $661.26M | $823.45M | $847.64M | $728.35M | $588.57M | $753.00M | $822.66M | $698.77M | $348.90M | $683.81M | $659.61M | $580.48M | $317.18M | $381.08M | $604.56M | $431.35M | $250.73M | $448.42M | $453.69M | $324.75M | $142.30M | $284.26M | $289.78M | $120.48M | $104.44M | $344.79M | $373.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | - | 0.99% | 1.14% | 1.34% | 1.00% | 1.14% | 1.17% | 1.07% | 0.90% | 0.90% | 1.14% | 1.04% | 0.72% | 1.76% | 1.33% | 0.98% | 1.05% |
United Rentals's average Quarter net income forecast for Mar 24 is $436.12M, with a range of $348.90M to $523.35M. URI's average Quarter net income forecast represents a -35.77% decrease compared to the company's last Quarter net income of $679.00M (Dec 23).
United Rentals 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 5 | 4 | 8 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 4 | 5 | 4 | 4 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $393.00M | - | $378.00M | $382.00M | $378.00M | $356.00M | $343.00M | $323.00M | $322.00M | $326.00M | $301.00M | $250.00M | $258.00M | $232.00M | $222.00M | $267.00M | $268.00M | $273.00M |
| Avg Forecast | $489.13M | $495.75M | $460.45M | $433.85M | $475.13M | $485.22M | $454.43M | $422.83M | $457.99M | $466.27M | $438.04M | $383.83M | $422.39M | $429.47M | $401.85M | $348.94M | $318.89M | $357.28M | $314.58M | $275.84M | $318.56M | $300.19M | $259.93M | $219.06M | $252.32M | $251.38M | $213.80M | $276.96M | $280.08M | $287.31M |
| High Forecast | $497.24M | $503.97M | $468.08M | $441.04M | $483.01M | $493.26M | $461.96M | $431.05M | $461.48M | $466.53M | $438.62M | $460.60M | $429.37M | $444.31M | $408.51M | $418.73M | $382.66M | $357.28M | $314.58M | $331.01M | $318.56M | $300.19M | $259.93M | $262.87M | $252.32M | $251.38M | $213.80M | $332.35M | $280.08M | $287.31M |
| Low Forecast | $479.20M | $485.68M | $451.09M | $425.04M | $465.48M | $475.36M | $445.20M | $411.09M | $453.34M | $466.01M | $437.47M | $307.07M | $413.08M | $412.75M | $393.69M | $279.15M | $255.11M | $357.28M | $314.58M | $220.67M | $318.56M | $300.19M | $259.93M | $175.24M | $252.32M | $251.38M | $213.80M | $221.56M | $280.08M | $287.31M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | - | 0.94% | 1.09% | 1.19% | 1.00% | 1.09% | 1.17% | 1.01% | 1.09% | 1.16% | 1.14% | 1.02% | 0.92% | 1.04% | 0.96% | 0.96% | 0.95% |
United Rentals's average Quarter SG&A projection for Mar 24 is $383.83M, based on 4 Wall Street analysts, with a range of $307.07M to $460.60M. The forecast indicates a -2.33% fall compared to URI last annual SG&A of $393.00M (Dec 23).
United Rentals 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 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 5 | 4 | 8 | 15 | 9 | 9 | 13 | 13 | 13 | 13 | 7 | 7 | 7 | 7 | 9 | 4 | 5 | 4 | 4 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $10.01 | - | $8.60 | $6.50 | $9.21 | $8.69 | $6.91 | $5.07 | $6.63 | $5.65 | $4.03 | $2.81 | $4.11 | $2.88 | $2.94 | $2.34 | $4.50 | $5.10 |
| Avg Forecast | $14.34 | $14.26 | $11.96 | $10.26 | $12.78 | $13.15 | $11.30 | $9.37 | $11.76 | $12.48 | $10.56 | $8.37 | $10.69 | $11.23 | $9.01 | $8.01 | $10.14 | $9.06 | $6.47 | $4.96 | $6.72 | $6.80 | $4.87 | $3.09 | $4.26 | $4.34 | $1.81 | $2.78 | $5.17 | $5.60 |
| High Forecast | $14.65 | $14.57 | $12.22 | $10.48 | $13.05 | $13.44 | $11.55 | $10.02 | $12.19 | $12.52 | $10.57 | $8.37 | $11.14 | $13.16 | $9.20 | $8.18 | $10.36 | $9.06 | $6.47 | $4.96 | $6.72 | $6.80 | $4.87 | $3.09 | $4.26 | $4.34 | $1.81 | $2.78 | $5.17 | $5.60 |
| Low Forecast | $13.96 | $13.88 | $11.65 | $9.99 | $12.44 | $12.81 | $11.00 | $8.89 | $11.38 | $12.43 | $10.56 | $8.37 | $10.33 | $9.97 | $8.77 | $7.80 | $9.87 | $9.06 | $6.47 | $4.96 | $6.72 | $6.80 | $4.87 | $3.09 | $4.26 | $4.34 | $1.81 | $2.78 | $5.17 | $5.60 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | - | 0.95% | 0.81% | 0.91% | 0.96% | 1.07% | 1.02% | 0.99% | 0.83% | 0.83% | 0.91% | 0.96% | 0.66% | 1.63% | 0.84% | 0.87% | 0.91% |
According to 4 Wall Street analysts, United Rentals's projected average Quarter EPS for Mar 24 is $8.37, with a low estimate of $8.37 and a high estimate of $8.37. This represents a -16.38% decrease compared to URI previous annual EPS of $10.01 (Dec 23).
United Rentals 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 |
| 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 |