United Rentals Cuts Price Target to $903, Plans Q1 Call, Shares Up 520%
United Rentals will hold its Q1 2026 earnings call on April 23, reporting a 1.84 debt-to-equity ratio and 0.94 current ratio. Bernstein kept its Outperform rating and set a $903 price target—17.7% upside—while the stock has jumped 520% in the past year as the S&P 500’s cheapest issue.
1. Upcoming Q1 2026 Earnings Call
United Rentals will report Q1 results after market close on April 22 and host its conference call on April 23. CEO Matt Flannery and CFO Ted Grace will discuss financial performance and strategic outlook.
2. Bernstein Maintains Outperform but Lowers Target
Bernstein retained its Outperform rating on United Rentals shares but trimmed its price target from $965 to $903, implying about 17.7% upside from current levels. The adjustment reflects capital investment cycles and tempered growth forecasts.
3. Capital Structure Reflects Equipment-Intensive Operations
The company’s debt-to-equity ratio stands at 1.84, indicating reliance on borrowed capital to fund a fleet with original cost over $22 billion. Its current ratio of 0.94 highlights slightly tighter short-term liquidity compared to assets on hand.
4. Shares Surge 520% as S&P 500’s Cheapest Stock
United Rentals stock has climbed roughly 520% over the last 12 months, marking it as the cheapest issuer in the S&P 500 by share price. Rapid gains underscore strong investor appetite and momentum in the equipment rental sector.