EquipmentShare.com’s (EQPT) “Buy” Rating Reiterated at Truist Financial

EquipmentShare.com (NASDAQ:EQPT)‘s stock had its “buy” rating restated by equities researchers at Truist Financial in a research report issued on Tuesday,Benzinga reports. They presently have a $35.00 price target on the stock, down from their previous price target of $38.00. Truist Financial’s target price suggests a potential upside of 86.57% from the stock’s previous close.

A number of other analysts have also recently weighed in on EQPT. Citizens Jmp reissued a “market outperform” rating and set a $42.00 price objective on shares of EquipmentShare.com in a report on Monday, June 22nd. Wells Fargo & Company decreased their price objective on shares of EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating for the company in a research note on Tuesday, July 14th. UBS Group reduced their target price on EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating for the company in a report on Thursday, August 20th. Citigroup lifted their price target on EquipmentShare.com from $19.00 to $22.00 and gave the stock a “neutral” rating in a research report on Monday, August 17th. Finally, Weiss Ratings raised shares of EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 14th. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, EquipmentShare.com presently has a consensus rating of “Hold” and a consensus price target of $34.78.

EquipmentShare.com Stock Performance

Shares of EQPT stock opened at $18.76 on Tuesday. The company has a market cap of $4.75 billion and a P/E ratio of 60.52. The firm has a fifty day moving average price of $19.71 and a 200 day moving average price of $22.63. The company has a current ratio of 2.42, a quick ratio of 1.91 and a debt-to-equity ratio of 3.16. EquipmentShare.com has a 12 month low of $15.71 and a 12 month high of $35.50.

EquipmentShare.com (NASDAQ:EQPT) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.28. The business had revenue of $1.45 billion during the quarter. Sell-side analysts predict that EquipmentShare.com will post 0.38 earnings per share for the current fiscal year.

EquipmentShare.com declared that its Board of Directors has initiated a share repurchase program on Friday, July 10th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to repurchase up to 12.4% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In other news, major shareholder Neil Chheda sold 1,285,402 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $20.62, for a total transaction of $26,504,989.24. Following the sale, the insider owned 40,476,688 shares of the company’s stock, valued at $834,629,306.56. The trade was a 3.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider William J. Schlacks bought 4,000 shares of the stock in a transaction on Tuesday, August 18th. The stock was purchased at an average cost of $19.56 per share, for a total transaction of $78,240.00. Following the acquisition, the insider directly owned 58,950 shares of the company’s stock, valued at $1,153,062. The trade was a 7.28% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have acquired 60,950 shares of company stock valued at $1,276,172 and have sold 2,201,032 shares valued at $45,393,501. 32.81% of the stock is currently owned by corporate insiders.

Institutional Trading of EquipmentShare.com

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of New York Mellon Corp acquired a new position in shares of EquipmentShare.com in the second quarter valued at approximately $326,000. Wellington Management Group LLP purchased a new stake in EquipmentShare.com in the second quarter valued at approximately $168,226,000. Chico Wealth RIA acquired a new position in shares of EquipmentShare.com in the 2nd quarter valued at $322,000. Finally, California State Teachers Retirement System purchased a new stake in shares of EquipmentShare.com during the 2nd quarter valued at $16,447,000.

Key Stories Impacting EquipmentShare.com

Here are the key news stories impacting EquipmentShare.com this week:

• Positive Sentiment: Insider William Schlacks purchased 2,000 EQPT shares at an average price of $18.64, investing $37,280 and increasing his direct ownership by 3.39% to 60,950 shares. The purchase may signal confidence in the company’s valuation or longer-term prospects. EquipmentShare insider purchase
• Positive Sentiment: EquipmentShare’s previously announced $500 million share-repurchase authorization, covering up to 12.4% of outstanding shares, remains a potential support for the stock if executed. The company also recently reported quarterly earnings of $0.18 per share, beating the consensus estimate for a loss of $0.10, on $1.45 billion in revenue.
• Neutral Sentiment: Multiple law firms are reminding investors of a September 21, 2026 deadline to seek lead-plaintiff status in a securities class action involving shares issued in or traceable to EquipmentShare’s January 2026 IPO and securities purchased from January 23 through June 23, 2026. The announcements are largely duplicative investor solicitations and do not represent new operating results. EquipmentShare class-action announcement
• Negative Sentiment: The lawsuit reportedly alleges that EquipmentShare’s IPO registration materials understated related-party transaction risks and omitted information about founder-affiliated entities. The allegations have not been proven, but potential litigation expenses, reputational damage, regulatory scrutiny, and disclosure-related liabilities create an overhang for EQPT. Allegations in EquipmentShare securities lawsuit

About EquipmentShare.com

EquipmentShare.com Inc provides integrated, full-service construction solutions across equipment rental, sales and technology. EquipmentShare.com Inc is based in Columbia, Missouri.