United Rentals, Inc. (URI)
NYSE: URI · IEX Real-Time Price · USD
690.77
-0.15 (-0.02%)
Apr 26, 2024, 2:31 PM EDT - Market open

United Rentals Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for United Rentals stock have an average target of 575.07, with a low estimate of 296 and a high estimate of 793. The average target predicts a decrease of -16.75% from the current stock price of 690.77.

Analyst Consensus: Buy
Target Low Average Median High
Price $296 $575.07 $559 $793
Change -57.15% -16.75% -19.08% +14.80%

Analyst Ratings

The average analyst rating for United Rentals stock from 15 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 655455
Buy 322322
Hold 356664
Sell 334444
Strong Sell 000000
Total 151517171715

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stifel
Stifel
Strong Buy
Maintains
$720$750
Strong Buy Maintains $720$750 +8.57% Apr 26, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$718$790
Strong Buy Maintains $718$790 +14.37% Apr 16, 2024
Truist Securities
Truist Securities
Strong Buy
Initiates
$793
Strong Buy Initiates $793 +14.80% Mar 14, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$510$718
Strong Buy Maintains $510$718 +3.94% Feb 29, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$575$740
Buy Maintains $575$740 +7.13% Feb 20, 2024
More Analyst Ratings

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%
Year 201920202021202220232024202520262027
Revenue
9.35B8.53B9.72B11.64B14.33B15.17B15.80B16.61B16.36B
Revenue Growth
16.20%-8.78%13.90%19.82%23.11%5.87%4.13%5.10%-1.45%
EPS
15.1112.2019.0429.6535.2843.7047.5954.0651.66
EPS Growth
15.17%-19.26%56.07%55.72%18.99%23.86%8.91%13.59%-4.43%
No. Analysts -----2525153
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 16.1B 17.1B 18.7B 17.1B
Avg 15.2B 15.8B 16.6B 16.4B
Low 14.6B 14.6B 14.8B 15.8B

Revenue Growth

Revenue Growth 2024202520262027
High
12.0%
12.8%
18.6%
3.1%
Avg
5.9%
4.1%
5.1%
-1.5%
Low
1.6%
-4.1%
-6.1%
-5.0%

EPS Forecast

EPS 2024202520262027
High 50.78 57.55 64.60 61.08
Avg 43.70 47.59 54.06 51.66
Low 38.57 42.36 46.72 43.25

EPS Growth

EPS Growth 2024202520262027
High
43.9%
31.7%
35.7%
13.0%
Avg
23.9%
8.9%
13.6%
-4.4%
Low
9.3%
-3.1%
-1.8%
-20.0%
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.