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URI

United Rentals Inc

NYSE: URI · INDUSTRIALS · RENTAL & LEASING SERVICES

$952.13
-1.10% today

Updated 2026-04-29

Market cap
$61.04B
P/E ratio
24.88
P/S ratio
3.73x
EPS (TTM)
$39.17
Dividend yield
0.74%
52W range
$607 – $1,017
Volume
0.6M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

United Rentals Inc (URI) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$952.13
Consensus
$968.83
+1.75%
2030 Target
$4,319.33
+353.65%
DCF
—
—
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

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$7,247.69
$22.8B Rev × 20x P/S
Base case (2030)
$4,319.33
$22.8B Rev × 12x P/S
Bear case (2030)
$2,928.36
$22.8B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$14.3B$15.3B$16.1B$17.3B$18.5B$19.9B$21.3B$22.8B
Revenue growth—7.1%4.9%7.2%7.2%7.2%7.2%7.2%
EPS$40.82$43.24$42.12$46.58$52.82$59.90$67.90$77.10
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$3,294.41$3,514.03$3,806.87$4,026.50$4,319.33

Catalysts & 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's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 13 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.