URI
United Rentals Inc
NYSE: URI · INDUSTRIALS · RENTAL & LEASING SERVICES
$938.15
-1.55% today
Updated 2026-06-05
Market cap
$62.32B
P/E ratio
25.44
P/S ratio
3.81x
EPS (TTM)
$39.10
Dividend yield
0.74%
52W range
$676 – $1,068
Volume
0.5M
United Rentals Inc (URI) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed URI price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$938.15
Today
Analyst consensus
$968.83
+3.27% · 12M
2030 Base
—
— future
NPV today
—
@ — WACC
13 analysts:
8 Buy4 Hold2 Sell
Management guidance
United Rentals introduced 2026 outlook for growth and announced a $5 billion share repurchase program with plans to return approximately $2 billion to shareholders in 2026. Management did not provide specific revenue targets beyond 2026 in available disclosures, but emphasized disciplined capital allocation and exposure to infrastructure spending as key growth drivers.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
URI · United Rentals Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
—
NPV today: —
Base case (2030)
—
NPV today: —
Bull case (2030)
—
NPV today: —
WallStSmart.com
URI financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $16.1B | $17.3B | $18.5B | $19.9B | $21.3B | $22.8B |
| Revenue growth | 4.9% | 7.2% | 7.2% | 7.2% | 7.2% | 7.2% |
| Net margin | — | — | — | — | — | — |
| EPS | $41.24 | $46.58 | $52.82 | $59.90 | $67.90 | $77.10 |
| Diluted shares | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — |
| P/S multiple | — | 2.0x | 2.0x | 2.0x | 2.0x | 2.0x |
| Implied price (base) | — | $3,294.41 | $3,514.03 | $3,806.87 | $4,026.50 | $4,319.33 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $22.8B | $22.8B | $22.8B |
| P/S multiple | 1.0x | 2.0x | 4.0x |
| Diluted shares | 0M | 0M | 0M |
| Net debt | — | — | — |
| Implied P/E † | — | — | — |
| 2030 Price | $— | $— | $— |
| NPV @ — | $— | $— | $— |
† Implied P/E: Multiples remain elevated across all three scenarios because URI is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $— base case
URI catalysts and risks
Growth catalysts
+ Infrastructure spending acceleration from federal programs (IRA, CHIPS Act) driving construction and industrial demand
+ AI-powered Equipment Agent launch and digital ecosystem expansion improving customer acquisition and utilization rates
+ Large project revenue growth offsetting weakness in core rental business, with pricing power maintained
+ Share repurchase program ($5B authorized) and dividend increases demonstrating shareholder return confidence
+ M&A optionality and consolidation in fragmented equipment rental market
Key risks
- Construction slowdown signals from competitor Ashtead and softer rental volumes in high interest rate environment
- Q4 2025 earnings miss with guidance reset raising demand concerns for 2026-2027
- Economic cyclicality in construction and industrial sectors sensitive to recession and credit tightening
- Working capital pressure from inventory investments and potential margin compression
- Competition from smaller regional players and customer shift to asset-light models
Methodology · United Rentals Inc 2030 stock forecast model
United Rentals Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 13 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (-100% cumulative for URI by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory (— by 2030) |
| 3. Time value | NPV calculated using — WACC (sector fallback) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 2.0x / bull 4.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.
URI price target FAQ
How is the United Rentals Inc 2030 stock forecast calculated?
The URI 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
What is the analyst consensus on URI stock?
13 analysts cover URI with an average 12-month price target of $968.83. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.