United Rentals, Inc. (URI)
NYSE: URI · IEX Real-Time Price · USD
699.05
+13.26 (1.93%)
May 20, 2024, 10:27 AM EDT - Market open
United Rentals Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for United Rentals stock have an average target of 611.08, with a low estimate of 400 and a high estimate of 796. The average target predicts a decrease of -12.58% from the current stock price of 699.05.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for United Rentals stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 5 | 5 | 4 |
| Buy | 2 | 2 | 3 | 2 | 2 | 2 |
| Hold | 5 | 6 | 6 | 6 | 5 | 5 |
| Sell | 3 | 4 | 4 | 4 | 4 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 17 | 17 | 17 | 16 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Apr 29, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $793 → $796 | Strong Buy | Maintains | $793 → $796 | +13.87% | Apr 29, 2024 |
| Stifel | Stifel | Strong Buy Maintains $720 → $750 | Strong Buy | Maintains | $720 → $750 | +7.29% | Apr 26, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $718 → $790 | Strong Buy | Maintains | $718 → $790 | +13.01% | Apr 16, 2024 |
| Truist Securities | Truist Securities | Strong Buy Initiates $793 | Strong Buy | Initiates | $793 | +13.44% | Mar 14, 2024 |
Financial Forecast
Revenue This Year
15.17B
from 14.33B
Increased by 5.87%
Revenue Next Year
15.80B
from 15.17B
Increased by 4.13%
EPS This Year
43.70
from 35.28
Increased by 23.86%
EPS Next Year
47.59
from 43.70
Increased by 8.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.1B | 17.1B | 18.7B | 18.6B | 19.5B |
| Avg | 15.2B | 15.8B | 16.6B | 17.6B | 18.4B |
| Low | 14.6B | 14.6B | 14.8B | 16.7B | 17.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.0% | 12.8% | 18.6% | 12.0% | 10.8% |
| Avg | 5.9% | 4.1% | 5.1% | 5.8% | 4.9% |
| Low | 1.6% | -4.1% | -6.1% | 0.7% | 0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 50.78 | 57.55 | 64.60 | 69.09 | 77.93 |
| Avg | 43.70 | 47.59 | 54.06 | 60.72 | 67.31 |
| Low | 38.57 | 42.36 | 46.72 | 53.34 | 57.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 43.9% | 31.7% | 35.7% | 27.8% | 28.4% |
| Avg | 23.9% | 8.9% | 13.6% | 12.3% | 10.9% |
| Low | 9.3% | -3.1% | -1.8% | -1.3% | -4.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.