Bank of America Issues Positive Forecast for United Rentals (NYSE:URI) Stock Price

23 Jul 2026, 18:48 by Sarita Garza · The Markets Daily

United Rentals (NYSE:URI – Get Free Report) had its target price upped by stock analysts at Bank of America from $1,195.00 to $1,300.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the construction company’s stock. Bank of America‘s target price would indicate a potential upside of 12.87% from the stock’s previous close.

A number of other brokerages have also recently weighed in on URI. UBS Group restated a “buy” rating and set a $1,350.00 price objective on shares of United Rentals in a research note on Thursday. Raymond James Financial reissued an “outperform” rating and set a $1,275.00 price objective on shares of United Rentals in a research note on Wednesday, June 10th. Evercore reaffirmed an “outperform” rating and set a $1,101.00 target price on shares of United Rentals in a research report on Monday, May 11th. BNP Paribas Exane raised United Rentals from a “neutral” rating to an “outperform” rating and set a $1,320.00 target price for the company in a report on Monday, June 29th. Finally, Robert W. Baird upped their price objective on shares of United Rentals from $970.00 to $1,100.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Fourteen research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,149.69.

Get Our Latest Analysis on United Rentals

United Rentals Stock Performance

Shares of United Rentals stock traded up $116.67 during trading hours on Thursday, reaching $1,151.73. The company’s stock had a trading volume of 764,877 shares, compared to its average volume of 598,736. United Rentals has a one year low of $701.59 and a one year high of $1,177.67. The stock has a market cap of $72.16 billion, a P/E ratio of 29.30, a price-to-earnings-growth ratio of 1.62 and a beta of 1.79. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.74 and a current ratio of 0.80. The company’s 50 day simple moving average is $1,045.86 and its 200 day simple moving average is $915.44.

United Rentals (NYSE:URI – Get Free Report) last issued its earnings results on Tuesday, July 21st. The construction company reported $12.76 earnings per share for the quarter, topping the consensus estimate of $11.53 by $1.23. The firm had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.22 billion. United Rentals had a return on equity of 30.56% and a net margin of 15.32%.The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period last year, the company earned $10.47 earnings per share. As a group, analysts expect that United Rentals will post 46.85 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Matthew John Flannery sold 22,768 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $984.98, for a total transaction of $22,426,024.64. Following the transaction, the chief executive officer directly owned 99,980 shares of the company’s stock, valued at approximately $98,478,300.40. The trade was a 18.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Joli L. Gross sold 306 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $954.99, for a total transaction of $292,226.94. Following the completion of the sale, the senior vice president owned 5,738 shares of the company’s stock, valued at approximately $5,479,732.62. The trade was a 5.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 26,088 shares of company stock worth $25,628,877 over the last quarter. Company insiders own 0.47% of the company’s stock.

Institutional Trading of United Rentals

Hedge funds and other institutional investors have recently modified their holdings of the company. Core Wealth Advisors LLC purchased a new position in United Rentals in the fourth quarter valued at about $28,000. MV Capital Management Inc. purchased a new stake in shares of United Rentals during the 4th quarter worth about $28,000. Laurel Wealth Advisors LLC purchased a new stake in shares of United Rentals during the 4th quarter worth about $32,000. Fortitude Family Office LLC lifted its holdings in shares of United Rentals by 121.1% during the 4th quarter. Fortitude Family Office LLC now owns 42 shares of the construction company’s stock valued at $34,000 after buying an additional 23 shares during the last quarter. Finally, Hilton Head Capital Partners LLC bought a new stake in shares of United Rentals in the 4th quarter valued at approximately $34,000. 96.26% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting United Rentals

Here are the key news stories impacting United Rentals this week:

Positive Sentiment: United Rentals reported record Q2 2026 results, with adjusted EPS of $12.76 beating estimates and revenue of $4.41 billion also topping Wall Street expectations. Management said rental revenue, EPS, and adjusted EBITDA all hit quarterly records. Article: United Rentals Q2 Earnings Beat on Rental Growth, ’26 Guidance Raised
Positive Sentiment: The company raised 2026 guidance, citing strong demand, fleet productivity, specialty rental strength, and healthy large-project activity. Higher revenue and EBITDA targets suggest momentum could continue into the second half of the year. Article: United Rentals jumps after record Q2 results and higher 2026 guidance
Positive Sentiment: Shareholder returns remain supportive, with the company highlighting $750 million of share repurchases year to date and a relatively low net leverage ratio, which may have reassured investors about balance-sheet discipline.
Neutral Sentiment: United Rentals also declared a quarterly dividend of $1.97 per share, reinforcing capital-return consistency, though the yield remains modest and the dividend is unlikely to be the main driver of the stock today.
Negative Sentiment: A recent Barclays sell rating is a small offset, but it appears to be overshadowed by the much stronger earnings and guidance update.

About United Rentals

(Get Free Report)

United Rentals, Inc (NYSE: URI) is a leading equipment rental company headquartered in Stamford, Connecticut. The firm provides rental solutions and related services to construction, industrial, commercial, and municipal customers. Its business model centers on providing access to a broad fleet of equipment on a short-term or long-term basis, enabling customers to avoid the capital expenditure of ownership and to scale equipment use to match project needs.