Bernstein cut target to USD 1,215 for United Rentals stock

Published on 10/20/2026 at 11:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bernstein cut its target to USD 1,215 on October 14, 2026. United Rentals stock costs EUR 913.40 on October 20, 2026 before Q3 results on October 21.

Analyst reset before results

Bernstein lowered its United Rentals target from USD 1,317 to USD 1,215 on October 14, 2026.
Second-quarter revenue reached USD 4.41 billion, while adjusted earnings per share came to USD 12.76.
United Rentals stock trades at EUR 913.40 at 11:41 a.m. CEST at Lang & Schwarz on October 20, 2026.
Third-quarter results are scheduled for October 21, 2026, followed by a conference call on October 22, 2026.

Isometrische 3D-Illustration der Wertschöpfungskette einer Baumaschinen-Vermietung — United Rentals Inc. (US9113631090) organisiert Logistik, dargestellt als isometrische 3D-Grafik der Vermietungs-Wertschöpfungskette, Illustration mit AI erstellt.

United Rentals (ISIN US9113631090) is heading into third-quarter results after Bernstein cut its price target from USD 1,317 to USD 1,215 on October 14, 2026, according to Investing.com. At 11:41 a.m. CEST on October 20, 2026, the stock was trading at EUR 913.40 at Lang & Schwarz.

Target cut meets strong growth

The target reduction came despite solid operating figures from the second quarter. StockStory reported second-quarter revenue of USD 4.41 billion, up 11.80 percent year over year. MarketBeat listed adjusted earnings per share at USD 12.76 for the same quarter, compared with USD 11.53 consensus.

The disagreement is therefore about valuation and execution rather than the latest reported growth rate. Bernstein maintained an Outperform rating while lowering its target, and its report put the target change alongside a market capitalization of USD 66.0 billion and a P/E ratio of 25.60.

What will the results test?

Chronology gives the setup a clear shape. On July 22, 2026, United Rentals reported second-quarter revenue of USD 4.41 billion. On October 8, 2026, the company announced third-quarter results for October 21, 2026. On October 14, 2026, Bernstein cut its target from USD 1,317 to USD 1,215 while retaining Outperform.

The next dates are October 21, 2026, for the third-quarter results after the market closes, and October 22, 2026, for the conference call at 8:30 a.m. ET, according to MarketBeat.

The immediate test is whether the Specialty business and large-project demand can support another period of double-digit revenue growth. StockStory said the market expects third-quarter revenue growth of 10.80 percent year over year, while its earnings preview placed United Rentals average analyst target at USD 1,261.

Stock price before the report

The upcoming report now carries more weight because the latest target cut places valuation directly against a still-expanding revenue base. The NYSE-listed company reported USD 753.00 million of second-quarter net income, giving investors a concrete profitability reference before the next release.

United Rentals was trading at EUR 913.40 at Lang & Schwarz on October 20, 2026 at 11:41 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of United Rentals stock.