UBS Group Cuts EquipmentShare.com (NASDAQ:EQPT) Price Target to $22.00

Key Points

• UBS lowered EquipmentShare.com’s price target to $22 from $24 while maintaining a neutral rating, implying 21.4% potential upside from the $18.12 share price. The broader analyst consensus is also “Hold,” with a $35.11 average target.
• EquipmentShare.com reported quarterly EPS of $0.18, beating the consensus estimate of a $0.10 loss, on revenue of $1.45 billion. The company also authorized a $500 million share buyback, covering up to 12.4% of outstanding shares.
• Insider activity was mixed: major shareholder Neil Chheda sold about 2.2 million shares for roughly $45 million over 90 days, while insider William Schlacks purchased shares. EQPT traded at $18.12, near its $15.71 one-year low and well below its $35.50 high.

EquipmentShare.com (NASDAQ:EQPT - Get Free Report) had its price objective cut by analysts at UBS Group from $24.00 to $22.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a "neutral" rating on the stock. UBS Group's target price indicates a potential upside of 21.41% from the stock's current price.

EQPT has been the subject of a number of other research reports. Weiss Ratings upgraded shares of EquipmentShare.com from a "sell (d)" rating to a "sell (d+)" rating in a research note on Friday, August 14th. Wells Fargo & Company cut their target price on EquipmentShare.com from $32.00 to $25.00 and set an "overweight" rating on the stock in a research report on Tuesday, July 14th. Citigroup increased their price target on EquipmentShare.com from $19.00 to $22.00 and gave the company a "neutral" rating in a research report on Monday. BNP Paribas Exane initiated coverage on shares of EquipmentShare.com in a report on Monday, June 29th. They issued a "neutral" rating and a $22.00 target price for the company. Finally, Truist Financial reduced their price objective on shares of EquipmentShare.com from $41.00 to $38.00 and set a "buy" rating for the company in a research report on Thursday, July 2nd. Six analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $35.11.

EquipmentShare.com Stock Performance

Shares of NASDAQ EQPT traded down $1.56 during mid-day trading on Thursday, reaching $18.12. The company had a trading volume of 1,087,295 shares, compared to its average volume of 2,225,584. The company has a 50-day moving average price of $19.81. The firm has a market cap of $4.57 billion and a price-to-earnings ratio of 58.45. The company has a debt-to-equity ratio of 3.16, a quick ratio of 1.91 and a current ratio of 2.42. EquipmentShare.com has a one year low of $15.71 and a one year high of $35.50.

EquipmentShare.com (NASDAQ:EQPT - Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of ($0.10) by $0.28. The company had revenue of $1.45 billion during the quarter. On average, sell-side analysts anticipate that EquipmentShare.com will post 0.38 EPS for the current year.

EquipmentShare.com announced that its Board of Directors has initiated a stock buyback program on Friday, July 10th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to buy up to 12.4% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Insider Buying and Selling at EquipmentShare.com

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 shares were sold at an average price of $20.62, for a total value 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider William J. Schlacks bought 4,000 shares of the company's stock in a transaction on Tuesday, August 18th. The shares were bought at an average price of $19.56 per share, for a total transaction of $78,240.00. Following the transaction, the insider owned 58,950 shares of the company's stock, valued at approximately $1,153,062. This represents a 7.28% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders bought 58,950 shares of company stock valued at $1,238,892 and sold 2,201,032 shares valued at $45,393,501. 32.81% of the stock is owned by corporate insiders.

Institutional Trading of EquipmentShare.com

A hedge fund recently bought a new position in EquipmentShare.com stock. Bank of New York Mellon Corp bought a new position in EquipmentShare.com Inc (NASDAQ:EQPT - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 16,605 shares of the company's stock, valued at approximately $326,000.

EquipmentShare.com News Summary

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

• Positive Sentiment: Insider William Schlacks recently purchased EquipmentShare.com shares in several transactions, including 1,850 shares at an average price of $20.81. Insider buying can signal confidence that the stock is undervalued, although the purchases are modest relative to the company’s market value. EquipmentShare.com insider purchase
• Positive Sentiment: Citigroup raised its price target to $22 from $19 while retaining a neutral rating, providing some support for the shares but not representing a strongly bullish analyst view. Citigroup EquipmentShare.com price target
• Neutral Sentiment: Investors have until September 21, 2026, to seek lead-plaintiff status in the federal securities class action. The notices do not indicate a new lawsuit or a court finding against the company, and the allegations remain unproven. ClaimsFiler EquipmentShare.com shareholder alert
• Negative Sentiment: The lawsuit covers investors who bought shares in or traceable to the IPO, or securities from January 23 through June 23, 2026. Allegations reportedly include inadequate disclosure of founder-affiliated related-party transactions involving the OWN Program and T3 platform. If litigation advances, EQPT could face financial and operational uncertainty. Levi and Korsinsky EquipmentShare.com lawsuit notice
• Negative Sentiment: Major shareholder Neil Chheda disclosed sales totaling roughly 2.2 million shares for about $45 million across August 14 and August 18. Although he retains a substantial stake, the sales may be viewed as a reduction in insider conviction and add a near-term supply overhang. EquipmentShare.com major shareholder sale filing

EquipmentShare.com Company Profile

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

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