Truist cuts United Rentals stock target from USD 1,466 to USD 1,395
Published on 10/06/2026 at 15:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
United Rentals (ISIN US9113631090) was trading at EUR 959.10 at Lang & Schwarz on October 6, 2026, down 0.30 percent from the EUR 962.00 prior close. On October 5, 2026, Truist lowered its price target from USD 1,466.00 to USD 1,395.00 while keeping a Buy rating, as Markets Insider reported.
Truist trims target before results
The revised USD 1,395.00 target remains above the latest USD 1,083.36 NYSE quote from October 6, 2026 at 9:46 a.m. EDT. Truist cited questions around power, data center and artificial intelligence spending, alongside higher interest rates and elevated diesel and other input costs.
The target change gives investors a sharper measure of the debate before the next earnings update. The adjustment was a cut of USD 71.00, or 4.84 percent, from the previous target of USD 1,466.00.
Second-quarter revenue rises 11.80 percent
United Rentals reported USD 4.41 billion in revenue for the second quarter of 2026, up 11.80 percent from the prior-year quarter. Adjusted earnings per share reached USD 12.76, above the USD 11.53 consensus estimate, according to MarketBeat on October 2, 2026.
The earnings comparison matters because the company combines general equipment rentals with specialty services such as trench safety, power generation, climate control and fluid solutions. Its business therefore links fleet utilization and rental pricing with construction, industrial and infrastructure activity.
NYSE range reaches USD 1,179.18
United Rentals was valued at USD 67.4 billion as of October 6, 2026. Its NYSE 52-week range ran from USD 701.59 to USD 1,179.18 on October 2, 2026, placing the USD 1,083.36 primary-exchange quote below the yearly high while keeping the stock well above its yearly low.
Investing.com identifies United Rentals as NYSE-listed under ticker URI and assigns ISIN US9113631090. The finance and leasing group serves construction, industrial, commercial and homeowner customers through general and specialty rental operations.
Price stays below the prior close
United Rentals was trading at EUR 959.10 at Lang & Schwarz on October 6, 2026 at 3:37 p.m. CEST, down 0.30 percent versus the Lang & Schwarz prior close of EUR 962.00 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of United Rentals stock.
United Rentals stock facts
- Company: United Rentals, Inc.
- ISIN: US9113631090
- Ticker: URI
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 6, 2026, 3:37 p.m. CEST: EUR 959.10
- Change versus prior close: minus 0.30 percent
- Prior close Lang & Schwarz October 5, 2026: EUR 962.00
- Market capitalization: USD 67.4 billion as of October 6, 2026
- 52-week range: USD 701.59-1,179.18 as of October 2, 2026
- Sector / Industry: Industrials / Rental and Leasing Services
- Index membership: S&P 500
