Wells Fargo has initiated coverage on United Rentals Inc (URI) with an Overweight rating, marking the firm's first assessment of the company's investment potential. This decision reflects Wells Fargo's research and analysis of United Rentals' business and its position within the equipment rental industry.
Based in Stamford, Connecticut, United Rentals operates a vast network of approximately 1,591 rental locations across North America, along with additional sites in Europe, Australia, and New Zealand. The company engages in the rental of construction, aerial, and industrial equipment, supported by its General Rentals and Specialty segments. As of November 13, 2025, United Rentals boasts a market capitalization of $54.5 billion and a price-to-earnings ratio of 21.56, with earnings per share reported at 38.84.
Analyst ratings provide valuable insights based on extensive research and financial modeling. However, they are inherently subject to change as new information becomes available. Investors should consider a range of factors, including company fundamentals and industry trends, rather than relying solely on analyst opinions.
Looking ahead, United Rentals is scheduled to report its next earnings on July 20, 2026, with an estimated EPS of $11.73 and revenue expectations of $4.2 billion. Recent earnings reports have shown mixed results, with Q3 2025 EPS coming in at $11.70, falling short of estimates by 5.8%.
As of November 1, 2025, the analyst consensus for United Rentals stands at a Buy, with a total of 27 analysts providing ratings, including 6 Strong Buy, 12 Buy, 8 Hold, and 1 Sell. The announcement from Wells Fargo underscores a growing interest in the company amid evolving market conditions.