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

EquipmentShare.com (NASDAQ:EQPTFree Report) had its price target reduced by UBS Group from $24.00 to $22.00 in a report released on Thursday morning,Benzinga reports. They currently have a neutral rating on the stock.

EQPT has been the topic of a number of other reports. Truist Financial reduced their target price on EquipmentShare.com from $41.00 to $38.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. BNP Paribas Exane started coverage on EquipmentShare.com in a research report on Monday, June 29th. They issued a “neutral” rating and a $22.00 price target for the company. Wells Fargo & Company dropped their price target on EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 14th. Citizens Jmp restated a “market outperform” rating and set a $42.00 price objective on shares of EquipmentShare.com in a report on Monday, June 22nd. Finally, Citigroup upped their price objective on shares of EquipmentShare.com from $19.00 to $22.00 and gave the company a “neutral” rating in a research note on Monday, August 17th. Six 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.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $35.11.

Check Out Our Latest Research Report on EquipmentShare.com

EquipmentShare.com Stock Up 1.3%

NASDAQ EQPT opened at $18.51 on Thursday. EquipmentShare.com has a 12 month low of $15.71 and a 12 month high of $35.50. The company has a market capitalization of $4.67 billion and a P/E ratio of 59.71. The company’s 50 day simple moving average is $19.76 and its 200 day simple moving average is $22.65. The company has a debt-to-equity ratio of 3.16, a current ratio of 2.42 and a quick ratio of 1.91.

EquipmentShare.com (NASDAQ:EQPTGet Free Report) last issued its earnings results on Wednesday, August 12th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.28. The business had revenue of $1.45 billion for the quarter. Equities research analysts expect that EquipmentShare.com will post 0.38 earnings per share for the current fiscal year.

EquipmentShare.com declared that its board has authorized a stock repurchase program on Friday, July 10th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 12.4% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

Insider Buying and Selling at EquipmentShare.com

In other EquipmentShare.com news, insider William J. Schlacks bought 4,000 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The stock was acquired at an average price of $19.56 per share, with a total value of $78,240.00. Following the completion of the transaction, the insider directly owned 58,950 shares in the company, valued at approximately $1,153,062. This represents a 7.28% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jabbok Schlacks bought 50,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was acquired at an average cost of $21.12 per share, with a total value of $1,056,000.00. Following the transaction, the chief executive officer owned 50,000 shares of the company’s stock, valued at $1,056,000. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders have bought 58,950 shares of company stock valued at $1,238,892 and have sold 2,201,032 shares valued at $45,393,501. Company insiders own 32.81% of the company’s stock.

Institutional Investors Weigh In On EquipmentShare.com

Hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp acquired a new stake in EquipmentShare.com during the 2nd quarter worth about $326,000. Wellington Management Group LLP purchased a new position in EquipmentShare.com during the 2nd quarter valued at about $168,226,000. Finally, Chico Wealth RIA acquired a new position in shares of EquipmentShare.com in the 2nd quarter valued at about $322,000.

EquipmentShare.com News Summary

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

  • Positive Sentiment: UBS lowered its price target to $22 from $24 but maintained a Neutral rating, implying potential upside from recent levels. The firm’s target suggests some valuation support, although the downgrade reflects a more cautious outlook. UBS price target update
  • Neutral Sentiment: EquipmentShare’s latest reported quarter was stronger than expected: EPS was $0.18 versus the consensus estimate of a $0.10 loss, while revenue reached $1.45 billion. However, this earlier earnings beat has been overshadowed by the recent legal headlines.
  • Negative Sentiment: Multiple law firms announced or promoted a securities class action against EquipmentShare.com involving shares issued in the January 2026 IPO and securities purchased between January 23 and June 23, 2026. Investors allege violations of federal securities laws and investor harm; the claims have not been proven in court. EquipmentShare class-action announcement
  • Negative Sentiment: The legal campaign has intensified, with several firms issuing notices on August 20–21 urging investors to seek lead-plaintiff status before the September 21, 2026 deadline. Repeated announcements increase headline risk and could weigh on sentiment by raising the prospect of litigation costs, disclosure issues and potential financial liability. Kahn Swick and Foti legal notice
  • Negative Sentiment: One investor alert specifically points to alleged problems involving EquipmentShare’s financial statements and related-party relationships connected to its OWN Program and a network of affiliated entities. These are allegations rather than established findings, but they add to uncertainty surrounding the company’s governance and reporting. SueWallSt investor alert

EquipmentShare.com Company Profile

(Get Free Report)

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

Further Reading

Analyst Recommendations for EquipmentShare.com (NASDAQ:EQPT)

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