United Rentals (URI) Stock Forecast, Price Target & Predictions


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URI Stock Forecast


United Rentals stock forecast is as follows: an average price target of $860.00 (represents a 19.01% upside from URI’s last price of $722.64) 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 $860.00 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 $860.00. This represents a potential 19.01% upside from URI's last price of $722.64.

URI Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 29, 2024Kyle MengesCitigroup$860.00$744.2115.56%19.01%
Mar 13, 2024Jamie CookTruist Financial$793.00$668.4318.64%9.74%
Jan 10, 2023Wells Fargo$440.00$373.8517.69%-39.11%
Dec 14, 2022Morgan Stanley$404.00$368.449.65%-44.09%
Nov 16, 2022UBS$420.00$346.9021.07%-41.88%
Oct 27, 2022Mircea DobreRobert W. Baird$318.00$298.576.51%-55.99%
Aug 22, 2022Ken NewmanKeyBanc$425.00$307.8038.08%-41.19%
Aug 18, 2022Sam BougheddaBernstein$269.00$320.45-16.06%-62.78%
Jan 10, 2022Nicole DeblaseDeutsche Bank$385.00$322.2119.49%-46.72%
Dec 09, 2021Courtney YakavonisMorgan Stanley$395.00$356.5310.79%-45.34%
Nov 16, 2021Timothy TheinCitigroup$445.00$381.6716.59%-38.42%
Oct 05, 2021Ross GilardiBank of America Securities$440.00$353.0524.63%-39.11%

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 19.01% increase from URI last price ($722.64).

United Rentals Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$826.50
Last Closing Price$722.64$722.64$722.64
Upside/Downside-100.00%-100.00%14.37%

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 $722.64. 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
Oct 09, 2024CitigroupBuyBuyHold
Jul 29, 2024CitigroupBuyBuyHold
Jun 27, 2024Raymond JamesOutperformInitialise
Apr 15, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jan 11, 2024OTR GlobalPositiveMixedUpgrade
Feb 08, 2023Credit SuisseOutperformInitialise
Jan 10, 2023Wells FargoOverweightOverweightHold
Dec 16, 2022OTR GlobalPositiveUpgrade
Dec 14, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Nov 16, 2022UBSBuyBuyHold
Aug 22, 2022KeyBancOverweightOverweightHold
Aug 18, 2022BernsteinNegativeDowngrade
Jul 07, 2022CitigroupBuyBuyHold

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$4.30B$4.36B$4.05B$3.82B$4.18B$4.27B$4.00B$3.72B$3.96B$4.01B$3.77B$3.44B$3.69B$3.82B$3.54B$3.23B$3.38B$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$4.11B$4.16B$3.87B$3.64B$3.99B$4.07B$3.82B$3.54B$3.90B$4.01B$3.76B$3.44B$3.55B$3.55B$3.37B$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
# Analysts545443481155481599131313137777945443
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443481155481599131313137777945443
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$1.61B$1.63B$1.51B$1.42B$1.56B$1.59B$1.49B$1.39B$1.51B$1.53B$1.44B$1.32B$1.39B$1.41B$1.32B$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$1.64B$1.67B$1.55B$1.46B$1.60B$1.63B$1.53B$1.42B$1.51B$1.53B$1.44B$1.58B$1.41B$1.46B$1.35B$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$1.57B$1.59B$1.48B$1.39B$1.52B$1.56B$1.46B$1.35B$1.49B$1.53B$1.44B$1.05B$1.36B$1.36B$1.29B$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 %------------0.84%-0.79%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443481155481599131313137777945443
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$846.62M$868.11M$745.59M$618.75M$779.19M$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$978.42M$973.09M$816.32M$700.24M$872.86M$895.02M$768.71M$667.58M$811.52M$828.89M$699.40M$523.35M$737.27M$871.30M$614.70M$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$920.44M$915.43M$767.95M$658.75M$821.14M$841.98M$723.16M$592.67M$757.42M$822.66M$698.77M$348.90M$683.81M$659.61M$578.28M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443481155481599131313137777945443
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$458.56M$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$500.80M$507.57M$471.43M$444.20M$486.46M$496.79M$465.26M$432.25M$460.89M$466.53M$438.62M$460.60M$429.37M$444.31M$411.43M$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$477.81M$484.28M$449.79M$423.81M$464.14M$473.98M$443.91M$412.23M$453.91M$466.01M$437.47M$307.07M$413.08M$412.75M$392.55M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts545443481155481599131313137777945443
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$12.79$13.12$11.27$9.35$11.77$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$14.78$14.70$12.33$10.58$13.19$13.52$11.61$10.09$12.26$12.52$10.57$8.37$11.14$13.16$9.29$8.26$10.45$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$13.91$13.83$11.60$9.95$12.41$12.72$10.93$8.95$11.44$12.43$10.56$8.37$10.33$9.97$8.74$7.77$9.83$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


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
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

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 $860 with a range of $860 to $860, implying a 19.01% from its last price of $722.64. 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 up by 19.01% (from the last price of $722.64 to the average price target of $860), up by 19.01% based on the highest stock price target, and up by 19.01% based on the lowest stock price target.

Can United Rentals stock reach $1.1K?

URI's average twelve months analyst stock price target of $860 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 $15.79B (high $16.16B, low $15.42B), average EBITDA is $6.03B (high $6.18B, low $5.89B), average net income is $3.08B (high $3.2B, low $2.98B), average SG&A $1.84B (high $1.88B, low $1.79B), and average EPS is $46.52 (high $48.41, low $45.01). URI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $16.15B (high $16.54B, low $15.78B), average EBITDA is $6.17B (high $6.32B, low $6.03B), average net income is $3.36B (high $3.47B, low $3.26B), average SG&A $1.88B (high $1.92B, low $1.84B), and average EPS is $50.82 (high $52.4, low $49.29).

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 $5.31B by -19.52%. The company's net income was $2.42B, missing the average estimation of $2.44B by -0.79%. 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 $1.39B by -16.00%. United Rentals's net income was $679M, missing the average estimation of $707.28M by -4.00%. 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%