Hertz Global was elevated to a Zacks Rank #2 (Buy) on February 6 following an assessment that its earnings outlook has strengthened, positioning it in the top 20% of Zacks-covered stocks based on estimate revisions.

Analysts have lifted the Zacks Consensus Estimate for Hertz’s fiscal 2025 EPS by 32.4% over the past three months, even as the forecasted full-year loss remains at –$1.77 per share year-over-year.

The upgrade reflects improving business fundamentals and could spur institutional buying, as rising earnings projections often drive near-term stock price appreciation through valuation models.