Truist cuts target for United Rentals stock from USD 1,466.00 to USD 1,395.00
Published on 10/07/2026 at 15:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
United Rentals stock (ISIN US9113631090) was trading at EUR 956.70 at Lang & Schwarz on October 7, 2026 at 3:09 p.m. CEST, down 0.46 percent versus the prior close of EUR 961.10. The latest analyst move came from Truist, which lowered its price target while retaining a Buy rating.
Truist lowers its target
According to Markets Insider on October 5, 2026, Truist cut its United Rentals target from USD 1,466.00 to USD 1,395.00 and kept its Buy rating. The note was a preview of the third-quarter report and cited higher interest rates, diesel costs and other input expenses as near-term risks.
The target change gives investors a fresh benchmark before the next earnings report, but it does not alter the fact that the company enters the reporting period after a strong second quarter. The key question is whether rental demand and fleet productivity can sustain the elevated earnings base.
Second-quarter figures set a high bar
United Rentals reported total revenue of USD 4.410 billion for the second quarter of 2026, net income of USD 753 million and GAAP diluted earnings per share of USD 12.03. The company also reported adjusted earnings per share of USD 12.76 and adjusted EBITDA of USD 2.056 billion in the release carried by Business Wire.
MarketBeat reported that second-quarter revenue rose 11.80 percent year over year and exceeded the USD 4.22 billion consensus estimate. Adjusted earnings per share of USD 12.76 also topped the USD 11.53 consensus by USD 1.23, creating a quantified comparison for the current valuation debate.
October report sets the next test
MarketBeat lists October 28, 2026 as the date for United Rentals' third-quarter report, with consensus earnings per share of USD 13.92 and expected revenue of USD 4.70 billion. Those estimates give the market a concrete hurdle after the second-quarter revenue comparison.
The primary listing is the NYSE under ticker URI. Finance data showed a last price of USD 1,080.62 on October 6, 2026 at 4:00 p.m. ET, with a 52-week range of USD 701.59 to USD 1,179.18 and market capitalization of USD 67.3 billion as of October 7, 2026.
Euro quote stays below prior close
At Lang & Schwarz, United Rentals was trading at EUR 956.70 on October 7, 2026 at 3:09 p.m. CEST, down 0.46 percent from the prior close of EUR 961.10. The further course of trading is shown by the continuously updated real-time quote of United Rentals stock.
United Rentals stock at a glance
- Company: United Rentals, Inc.
- ISIN: US9113631090
- Ticker: URI
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 7, 2026 at 3:09 p.m. CEST: EUR 956.70
- Change versus prior close: minus 0.46 percent
- Prior close Lang & Schwarz October 6, 2026: EUR 961.10
- Market capitalization: USD 67.3 billion as of October 7, 2026
- 52-week range: USD 701.59-1,179.18 as of October 6, 2026
- Sector / Industry: Industrials / Rental and Leasing Services
- Index membership: S&P 500
- Next earnings date: October 28, 2026
