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

Published on 10/16/2026 at 09:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 4.41 billion, up 11.80 percent year over year. United Rentals stock costs EUR 929.90 on October 16, 2026.

Analyst view and operating scale

Bernstein cut its target from USD 1,317 to USD 1,215 on October 14, 2026.
Second-quarter revenue reached USD 4.41 billion, up 11.80 percent from a year earlier.
United Rentals stock traded at EUR 929.90 at 9:37 a.m. CEST at Lang & Schwarz on October 16, 2026.

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United Rentals (ISIN US9113631090) was trading at EUR 929.90 at Lang & Schwarz on October 16, 2026 at 9:37 a.m. CEST. Investing.com reported that Bernstein cut its United Rentals target to USD 1,215 from USD 1,317 on October 14, 2026, while retaining an Outperform rating.

Target cut meets earnings test

The target reduction came despite Bernstein's expectation that third-quarter adjusted EBITDA could reach USD 2.20 billion, which the firm said would be 2.00 percent above consensus. The analyst also expects a possible 2026 guidance increase to USD 8.10 billion, according to Investing.com.

United Rentals entered the debate with a market capitalization of USD 65.2 billion as of October 15, 2026. Its primary listing is on the NYSE under ticker URI, while its business spans general equipment rentals and specialty services for construction and industrial customers.

Three events shaped the stock

On July 22, 2026, United Rentals reported second-quarter revenue of USD 4.41 billion, up 11.80 percent from USD 3.94 billion a year earlier, as reported by LineVest. On July 22, 2026, management also lifted full-year revenue guidance to USD 17.5 billion to USD 17.8 billion. On October 14, 2026, Bernstein lowered its target from USD 1,317 to USD 1,215.

When are the next results?

MarketBeat lists October 21, 2026 as the estimated date for third-quarter results after the market close and October 22, 2026 at 8:30 a.m. ET for the conference call. Its consensus forecast is USD 4.71 billion in revenue and USD 13.97 in earnings per share.

What does the target cut mean?

The latest analyst action creates a sharper test for execution rather than a simple change in the growth story. Second-quarter revenue growth of 11.80 percent and the higher full-year outlook support demand, but the lower target shows that valuation remains part of the investment case. For investors, the October results will provide the next quantified check on fleet productivity, margins and cash generation.