United Rentals stock gains 2.32 percent as Truist cuts target

Published on 10/06/2026 at 17:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

United Rentals stock was trading at USD 1,099.18 on October 6, 2026, while Truist reduced its target to USD 1,395 from USD 1,466. Second-quarter revenue rose 11.8 percent to USD 4.41 billion.

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 stock (ISIN US9113631090) was trading at USD 1,099.18 on the NYSE on October 6, 2026, up 2.32 percent from the prior close. The immediate analyst signal came on October 5, when Truist cut its price target to USD 1,395 from USD 1,466 while keeping a Buy rating, as Markets Insider reported.

Truist trims target before results

The revised target remains USD 295.82 above the October 6 trading price, equal to 26.9 percent upside under the price-target comparison. Truist cited investor questions around power, data center and AI-related spending, while higher interest rates and diesel costs add cyclical pressure, according to Markets Insider.

The broader analyst picture is less cautious. MarketBeat reported on October 2, 2026, that 18 analysts had a Moderate Buy consensus, including 15 Buy, two Hold and one Sell rating, with an average target of USD 1,243.62. That average target is 13.1 percent above the October 6 price.

Q2 revenue rose 11.8 percent

United Rentals delivered USD 4.41 billion in revenue for the second quarter of 2026, an 11.8 percent year-over-year increase. Adjusted EPS was USD 12.76, exceeding the USD 11.67 consensus by USD 1.09, while rental revenue reached a quarterly record of USD 3.85 billion, according to Zacks.

Specialty equipment rental revenue increased 24.8 percent to USD 1.43 billion in Q2 2026, compared with 6.6 percent growth in General Rentals. The mix also matters: Specialty gross margin fell 140 basis points to 44.4 percent, while General Rentals gross margin expanded 70 basis points to 35.8 percent, Zacks reported.

October earnings set the next test

Management raised its 2026 revenue outlook to USD 17.5 billion to USD 17.8 billion from USD 16.9 billion to USD 17.4 billion. The adjusted EBITDA outlook also increased to USD 7.98 billion to USD 8.13 billion from USD 7.63 billion to USD 7.88 billion, giving the upcoming report a clear test of demand and project timing.

Yahoo Finance lists United Rentals' Q3 2026 earnings announcement for October 21, 2026. The date places the next operating update after the Truist target revision and leaves the raised full-year guidance as the central benchmark.

Stock trades below yearly high

United Rentals stock was trading at USD 1,099.18 on the NYSE at 11:17 a.m. ET on October 6, 2026. The price was 6.8 percent below the 52-week high of USD 1,179.18 and 56.7 percent above the 52-week low of USD 701.59.