Baird has upgraded United Rentals Inc (URI) to an Outperform rating from Neutral, effective September 30, 2025. This change reflects a more optimistic outlook on the company's prospects, suggesting improved fundamentals or enhanced confidence in its strategic direction.
United Rentals, headquartered in Stamford, Connecticut, engages in the equipment rental business, employing approximately 27,900 full-time staff. The firm operates through two main segments: General Rentals and Specialty. The General Rentals segment encompasses the rental of construction, aerial, and industrial equipment, as well as general tools and light equipment across four geographic divisions in the United States and Canada. The Specialty segment focuses on trench safety equipment, fluid solutions equipment, and mobile storage solutions.
As of November 20, 2025, United Rentals holds a market capitalisation of $51.2 billion, with a price-to-earnings ratio of 20.23 and an earnings per share of 38.84. The company's upcoming earnings reports are scheduled for July 21, 2026, with an estimated EPS of $11.53 and revenue of $4.2 billion, and April 21, 2026, with an estimated EPS of $9.13 and revenue of $3.9 billion.
Analyst consensus indicates 6 Strong Buy, 12 Buy, 8 Hold, 1 Sell, and 0 Strong Sell ratings, with a general consensus of Buy. Recent analyst actions include Baird's upgrade, alongside a maintained Overweight rating from Keybanc and an upgrade to Outperform from Bernstein.
While analyst ratings provide professional insights based on research and financial models, they are not definitive indicators of future performance. Investors should consider a range of factors, including company fundamentals and market conditions, when making decisions.