United Rentals, Inc. (URI)
NYSE: URI · IEX Real-Time Price · USD
718.64
-9.81 (-1.35%)
At close: Jul 19, 2024, 4:00 PM
718.63
-0.01 (0.00%)
After-hours: Jul 20, 2024, 12:58 PM EDT
United Rentals Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for United Rentals stock have an average target of 654.93, with a low estimate of 400 and a high estimate of 790. The average target predicts a decrease of -8.87% from the current stock price of 718.64.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for United Rentals stock from 16 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 5 | 5 |
| Buy | 3 | 2 | 2 | 2 | 4 | 4 |
| Hold | 6 | 6 | 5 | 5 | 4 | 4 |
| Sell | 4 | 4 | 4 | 4 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 16 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $796 → $785 | Strong Buy | Maintains | $796 → $785 | +9.23% | Jul 2, 2024 |
| Raymond James | Raymond James | Buy Initiates $750 | Buy | Initiates | $750 | +4.36% | Jun 28, 2024 |
| Citigroup | Citigroup | Strong Buy Initiates $745 | Strong Buy | Initiates | $745 | +3.67% | Jun 26, 2024 |
| JP Morgan | JP Morgan | Buy Initiates $780 | Buy | Initiates | $780 | +8.54% | Jun 7, 2024 |
| Oppenheimer | Oppenheimer | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Apr 29, 2024 |
Financial Forecast
Revenue This Year
15.37B
from 14.33B
Increased by 7.27%
Revenue Next Year
16.08B
from 15.37B
Increased by 4.61%
EPS This Year
44.64
from 35.28
Increased by 26.54%
EPS Next Year
48.17
from 44.64
Increased by 7.90%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.3B | 17.5B | 18.9B | 18.6B | 19.5B |
| Avg | 15.4B | 16.1B | 16.9B | 17.6B | 18.4B |
| Low | 14.6B | 15.0B | 14.9B | 16.7B | 17.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.1% | 14.0% | 17.6% | 10.1% | 10.8% |
| Avg | 7.3% | 4.6% | 5.0% | 3.9% | 4.9% |
| Low | 2.0% | -2.4% | -7.1% | -1.1% | 0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 49.32 | 54.57 | 61.80 | 69.09 | 77.93 |
| Avg | 44.64 | 48.17 | 52.99 | 60.72 | 67.31 |
| Low | 40.15 | 43.38 | 44.76 | 53.34 | 57.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.8% | 22.2% | 28.3% | 30.4% | 28.4% |
| Avg | 26.5% | 7.9% | 10.0% | 14.6% | 10.9% |
| Low | 13.8% | -2.8% | -7.1% | 0.7% | -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.