JPMorgan Chase & Co. Raises United Rentals (NYSE:URI) Price Target to $1,050.00

United Rentals (NYSE:URI) had its price objective boosted by equities researchers at JPMorgan Chase & Co. from $850.00 to $1,050.00 in a report released on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the construction company’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 7.68% from the stock’s current price.

A number of other equities analysts have also commented on the company. UBS Group upgraded United Rentals from a “neutral” rating to a “buy” rating and set a $1,025.00 price objective on the stock in a research note on Sunday, January 4th. Morgan Stanley restated an “overweight” rating and set a $1,030.00 price objective on shares of United Rentals in a research note on Friday. Robert W. Baird raised their price objective on United Rentals from $970.00 to $1,100.00 and gave the stock an “outperform” rating in a research note on Friday. KeyCorp raised their price objective on United Rentals from $950.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of United Rentals in a research note on Monday, April 20th. Thirteen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, United Rentals currently has an average rating of “Moderate Buy” and a consensus price target of $986.35.

United Rentals Price Performance

United Rentals stock opened at $975.12 on Friday. The stock’s fifty day moving average price is $795.43 and its two-hundred day moving average price is $841.64. United Rentals has a one year low of $611.93 and a one year high of $1,021.47. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.80 and a quick ratio of 0.88. The firm has a market cap of $61.09 billion, a PE ratio of 24.88, a price-to-earnings-growth ratio of 1.59 and a beta of 1.68.

United Rentals (NYSE:URI) last posted its quarterly earnings data on Wednesday, April 22nd. The construction company reported $9.71 EPS for the quarter, missing analysts’ consensus estimates of $11.47 by ($1.76). United Rentals had a return on equity of 30.56% and a net margin of 15.32%.The company had revenue of $3.99 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter last year, the business earned $8.86 EPS. United Rentals’s revenue was up 7.2% on a year-over-year basis. As a group, research analysts expect that United Rentals will post 46.64 EPS for the current fiscal year.

United Rentals declared that its Board of Directors has initiated a stock buyback plan on Wednesday, January 28th that allows the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization allows the construction company to buy up to 8.7% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In other news, VP Andrew B. Limoges sold 548 shares of United Rentals stock in a transaction on Friday, April 24th. The stock was sold at an average price of $977.86, for a total value of $535,867.28. Following the transaction, the vice president owned 1,865 shares in the company, valued at approximately $1,823,708.90. This trade represents a 22.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Matthew John Flannery sold 22,768 shares of United Rentals stock in a transaction on Friday, April 24th. The shares were sold at an average price of $984.98, for a total value of $22,426,024.64. Following the completion of the transaction, the chief executive officer owned 99,980 shares in the company, valued at approximately $98,478,300.40. The trade was a 18.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 27,304 shares of company stock worth $26,116,584. 0.47% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On United Rentals

Several hedge funds and other institutional investors have recently modified their holdings of the business. Gleason Group Inc. increased its stake in shares of United Rentals by 4.3% in the 4th quarter. Gleason Group Inc. now owns 269 shares of the construction company’s stock valued at $218,000 after purchasing an additional 11 shares during the last quarter. Bridgewater Advisors Inc. grew its position in United Rentals by 1.2% during the 4th quarter. Bridgewater Advisors Inc. now owns 967 shares of the construction company’s stock worth $783,000 after acquiring an additional 11 shares during the last quarter. Great Valley Advisor Group Inc. grew its position in United Rentals by 2.9% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 387 shares of the construction company’s stock worth $292,000 after acquiring an additional 11 shares during the last quarter. Opal Wealth Advisors LLC grew its position in United Rentals by 2.7% during the 3rd quarter. Opal Wealth Advisors LLC now owns 450 shares of the construction company’s stock worth $430,000 after acquiring an additional 12 shares during the last quarter. Finally, Howard Capital Management Inc. grew its position in United Rentals by 3.1% during the 3rd quarter. Howard Capital Management Inc. now owns 395 shares of the construction company’s stock worth $377,000 after acquiring an additional 12 shares during the last quarter. Institutional investors own 96.26% of the company’s stock.

Key Stories Impacting United Rentals

Here are the key news stories impacting United Rentals this week:

• Positive Sentiment: Q1 beat and higher guidance — URI reported robust Q1 results, beating revenue and (adjusted) EPS expectations and raised full‑year 2026 guidance, which triggered the large share rally. United Rentals Announces Strong First Quarter Results and Raises Full-Year 2026 Guidance
• Positive Sentiment: Demand and margins driving outperformance — Coverage points to stronger large‑project demand, cost controls and fleet productivity as the operational drivers of the beat and improved margin outlook. URI Q1 deep dive: Large project demand and cost controls drive outperformance
• Positive Sentiment: Analyst upgrades lift sentiment — Major brokers raised price targets and ratings (JPMorgan and Robert W. Baird among them), reflecting confidence in upside after the results. Benzinga The Fly
• Positive Sentiment: Management confident on call — The earnings call emphasized continued demand strength and execution, reinforcing the raised outlook. United Rentals’ Earnings Call Signals Confident Growth
• Neutral Sentiment: Market recognition and index spotlight — Coverage notes URI gaining visibility in indexes (Russell 1000) and elevated media attention following the print. How Is United Rentals Gaining Spotlight In The Russell 1000 Index?
• Neutral Sentiment: Dividend declared — URI declared a quarterly dividend (paid late May), a small income element but not a primary driver of the move. Benzinga movers
• Negative Sentiment: Sharp run‑up raises near‑term risk — The stock jumped 20%+ on the print, leaving valuation higher and increasing the chance of profit‑taking and short‑term volatility (which appears to be occurring today). Why United Rentals Stock Jumped More Than 20 Today
• Negative Sentiment: Volume and volatility spike — Trading volume has climbed materially around the print, increasing execution risk for larger positions and the chance of intraday swings. United Rentals stock soars 23 as earnings beat lifts outlook

About United Rentals

United Rentals, Inc (NYSE: URI) is a leading equipment rental company headquartered in Stamford, Connecticut. The firm provides rental solutions and related services to construction, industrial, commercial, and municipal customers. Its business model centers on providing access to a broad fleet of equipment on a short-term or long-term basis, enabling customers to avoid the capital expenditure of ownership and to scale equipment use to match project needs.

The company’s product and service offerings span general construction equipment and a range of specialty categories, including aerial work platforms, earthmoving and excavation machines, material handling equipment, pumps, power and HVAC systems, trench and shoring solutions, and tools.