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 -34.83% downside from URI’s last price of $729.47) 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 -34.83% downside from URI's last price of $729.47.
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% | 17.89% |
| Mar 13, 2024 | Jamie Cook | Truist Financial | $793.00 | $668.43 | 18.64% | 8.71% |
| Jan 10, 2023 | - | Wells Fargo | $440.00 | $373.85 | 17.69% | -39.68% |
| Dec 14, 2022 | - | Morgan Stanley | $404.00 | $368.44 | 9.65% | -44.62% |
| Nov 16, 2022 | - | UBS | $420.00 | $346.90 | 21.07% | -42.42% |
| Oct 27, 2022 | Mircea Dobre | Robert W. Baird | $318.00 | $298.57 | 6.51% | -56.41% |
| Aug 22, 2022 | Ken Newman | KeyBanc | $425.00 | $307.80 | 38.08% | -41.74% |
| Aug 18, 2022 | Sam Boughedda | Bernstein | $269.00 | $320.45 | -16.06% | -63.12% |
| Jan 10, 2022 | Nicole Deblase | Deutsche Bank | $385.00 | $322.21 | 19.49% | -47.22% |
| Dec 09, 2021 | Courtney Yakavonis | Morgan Stanley | $395.00 | $356.53 | 10.79% | -45.85% |
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 17.89% increase from URI last price ($729.47).
United Rentals Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $860.00 | $826.50 |
| Last Closing Price | $729.47 | $729.47 | $729.47 |
| Upside/Downside | -100.00% | 17.89% | 13.30% |
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 $729.47. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
| Aug 22, 2022 | KeyBanc | Overweight | Overweight | Hold |
United Rentals's last stock rating was published by Citigroup on Jul 29, 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 | $4.17B | $4.24B | $3.96B | $3.74B | $4.08B | $4.31B | $4.04B | $3.65B | $3.92B | $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 | $4.31B | $4.38B | $4.09B | $3.86B | $4.21B | $4.45B | $4.17B | $3.77B | $4.05B | $4.04B | $3.89B | $3.56B | $3.69B | $3.82B | $3.57B | $3.26B | $3.41B | $3.17B | $2.76B | $2.49B | $2.79B | $2.63B | $2.28B | $2.04B | $2.21B | $2.20B | $1.87B | $2.12B | $2.45B | $2.52B |
| Low Forecast | $4.12B | $4.18B | $3.91B | $3.69B | $4.02B | $4.26B | $3.99B | $3.60B | $3.87B | $3.98B | $3.72B | $3.40B | $3.55B | $3.55B | $3.41B | $3.12B | $3.26B | $3.03B | $2.67B | $2.42B | $2.71B | $2.55B | $2.21B | $1.98B | $2.14B | $2.14B | $1.82B | $2.06B | $2.38B | $2.44B |
| # Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 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 $3.40B, and a high forecast of $3.56B. 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 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 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 | $1.90B | $1.92B | $1.80B | $1.70B | $1.85B | $1.96B | $1.83B | $1.66B | $1.78B | $1.82B | $1.71B | $1.32B | $1.65B | $1.68B | $1.57B | $1.20B | $1.50B | $1.35B | $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 | $1.96B | $1.99B | $1.86B | $1.75B | $1.91B | $2.02B | $1.89B | $1.71B | $1.84B | $1.83B | $1.77B | $1.58B | $1.68B | $1.73B | $1.62B | $1.44B | $1.55B | $1.62B | $1.25B | $1.14B | $1.27B | $1.19B | $1.03B | $883.23M | $1.00B | $999.68M | $850.23M | $804.15M | $1.11B | $1.14B |
| Low Forecast | $1.87B | $1.90B | $1.77B | $1.67B | $1.83B | $1.93B | $1.81B | $1.64B | $1.76B | $1.81B | $1.69B | $1.05B | $1.61B | $1.61B | $1.55B | $958.45M | $1.48B | $1.08B | $1.21B | $757.67M | $1.23B | $1.16B | $1.00B | $588.82M | $973.31M | $969.68M | $824.71M | $536.10M | $1.08B | $1.11B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | - | 0.66% | 1.20% | 1.07% | 1.09% | 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 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 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 | $897.48M | $928.15M | $747.14M | $653.05M | $860.28M | $893.32M | $746.77M | $626.52M | $799.27M | $838.71M | $704.65M | $436.12M | $712.91M | $749.14M | $600.97M | $396.47M | $676.43M | $464.46M | $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 | $936.64M | $968.64M | $779.74M | $681.55M | $897.82M | $932.30M | $779.35M | $653.85M | $834.15M | $878.97M | $735.39M | $523.35M | $743.14M | $878.23M | $627.19M | $475.77M | $705.94M | $557.35M | $442.06M | $376.10M | $459.55M | $464.96M | $332.82M | $213.45M | $291.32M | $296.98M | $123.47M | $156.66M | $353.35M | $382.55M |
| Low Forecast | $882.73M | $912.89M | $734.86M | $642.32M | $846.14M | $878.64M | $734.49M | $616.22M | $786.14M | $809.19M | $693.07M | $348.90M | $689.26M | $664.86M | $591.09M | $317.18M | $665.31M | $371.56M | $424.91M | $250.73M | $441.73M | $446.92M | $319.91M | $142.30M | $280.02M | $285.46M | $118.69M | $104.44M | $339.64M | $367.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | - | 0.98% | 1.14% | 0.94% | 1.30% | 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 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 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 | $485.64M | $493.14M | $460.31M | $434.60M | $474.21M | $501.45M | $469.70M | $424.63M | $456.34M | $466.64M | $438.04M | $383.83M | $422.39M | $429.47M | $401.85M | $348.94M | $384.20M | $370.20M | $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 | $501.94M | $509.69M | $475.76M | $449.19M | $490.12M | $518.28M | $485.47M | $438.89M | $471.66M | $470.14M | $452.75M | $460.60M | $429.37M | $444.31M | $415.34M | $418.73M | $397.09M | $444.24M | $320.59M | $331.01M | $324.65M | $305.92M | $264.90M | $262.87M | $257.14M | $256.18M | $217.88M | $332.35M | $285.43M | $292.80M |
| Low Forecast | $479.50M | $486.90M | $454.49M | $429.11M | $468.21M | $495.11M | $463.76M | $419.27M | $450.57M | $463.14M | $432.51M | $307.07M | $413.08M | $412.75M | $396.77M | $279.15M | $379.34M | $296.16M | $310.97M | $220.67M | $314.91M | $296.74M | $256.95M | $175.24M | $249.43M | $248.50M | $211.35M | $221.56M | $276.87M | $284.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | - | 0.94% | 1.09% | 0.98% | 0.96% | 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 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 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 | $13.45 | $13.91 | $11.20 | $9.79 | $12.90 | $13.39 | $11.19 | $9.39 | $11.98 | $12.57 | $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 | $14.04 | $14.52 | $11.69 | $10.22 | $13.46 | $13.97 | $11.68 | $9.80 | $12.50 | $13.18 | $11.02 | $8.74 | $11.14 | $13.16 | $9.40 | $8.36 | $10.58 | $9.46 | $6.63 | $5.09 | $6.89 | $6.97 | $4.99 | $3.16 | $4.37 | $4.45 | $1.85 | $2.85 | $5.30 | $5.73 |
| Low Forecast | $13.23 | $13.68 | $11.02 | $9.63 | $12.68 | $13.17 | $11.01 | $9.24 | $11.78 | $12.13 | $10.39 | $8.23 | $10.33 | $9.97 | $8.86 | $7.88 | $9.97 | $8.91 | $6.37 | $4.89 | $6.62 | $6.70 | $4.80 | $3.04 | $4.20 | $4.28 | $1.78 | $2.74 | $5.09 | $5.51 |
| 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 $8.23 and a high estimate of $8.74. 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 | $3.00 | $13.69 | 356.33% | Hold |
| 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 |
| R | Ryder System | $138.24 | $124.60 | -9.87% | Buy |
| URI | United Rentals | $729.47 | $475.40 | -34.83% | Buy |
URI Forecast FAQ
Is United Rentals a good buy?
Yes, according to 8 Wall Street analysts, United Rentals (URI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 75.00% of URI's total ratings.
What is URI's price target?
United Rentals (URI) average price target is $475.4 with a range of $269 to $860, implying a -34.83% from its last price of $729.47. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will United Rentals stock go up soon?
According to Wall Street analysts' prediction for URI stock, the company can go down by -34.83% (from the last price of $729.47 to the average price target of $475.4), up by 17.89% based on the highest stock price target, and down by -63.12% based on the lowest stock price target.
Can United Rentals stock reach $1.1K?
URI's average twelve months analyst stock price target of $475.4 does not support the claim that United Rentals can reach $1.1K in the near future.
What are United Rentals's analysts' financial forecasts?
United Rentals's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $16.07B (high $16.61B, low $15.87B), average EBITDA is $7.3B (high $7.54B, low $7.2B), average net income is $3.13B (high $3.26B, low $3.08B), average SG&A $1.87B (high $1.93B, low $1.85B), and average EPS is $46.87 (high $48.92, low $46.1). URI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $16.1B (high $16.64B, low $15.9B), average EBITDA is $7.31B (high $7.56B, low $7.22B), average net income is $3.23B (high $3.37B, low $3.17B), average SG&A $1.87B (high $1.94B, low $1.85B), and average EPS is $48.35 (high $50.46, low $47.56).
Did the URI's actual financial results beat the analysts' financial forecasts?
Based on United Rentals's last annual report (Dec 2023), the company's revenue was $14.33B, beating the average analysts forecast of $13.93B by 2.86%. Apple's EBITDA was $4.28B, missing the average prediction of $6.09B by -29.77%. The company's net income was $2.42B, missing the average estimation of $2.46B by -1.44%. Apple's SG&A was $1.53B, missing the average forecast of $1.6B by -4.72%. Lastly, the company's EPS was $35.4, missing the average prediction of $38.93 by -9.07%. In terms of the last quarterly report (Dec 2023), United Rentals's revenue was $3.73B, beating the average analysts' forecast of $3.63B by 2.69%. The company's EBITDA was $1.16B, missing the average prediction of $1.65B by -29.32%. United Rentals's net income was $679M, missing the average estimation of $712.91M by -4.76%. The company's SG&A was $393M, missing the average forecast of $422.39M by -6.96%. Lastly, the company's EPS was $10.01, missing the average prediction of $10.69 by -6.33%