Zacks Research Upgrades EQPT (NASDAQ:EQPT) to “Hold”

EQPT (NASDAQ:EQPT) was upgraded by equities researchers at Zacks Research to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

Several other research analysts have also recently weighed in on EQPT. KeyCorp initiated coverage on shares of EQPT in a report on Tuesday. They issued a “sector weight” rating on the stock. Truist Financial began coverage on EQPT in a research report on Tuesday. They set a “buy” rating and a $43.00 price target on the stock. Oppenheimer initiated coverage on shares of EQPT in a report on Tuesday. They issued an “outperform” rating and a $39.00 price objective for the company. Citigroup initiated coverage on shares of EQPT in a report on Tuesday. They set a “neutral” rating and a $35.00 target price on the stock. Finally, The Goldman Sachs Group started coverage on shares of EQPT in a research report on Tuesday. They issued a “buy” rating and a $51.00 target price on the stock. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $43.75.

EQPT Trading Down 3.9%

Shares of EQPT traded down $1.32 during midday trading on Wednesday, hitting $32.43. 130,892 shares of the company traded hands, compared to its average volume of 1,564,342. EQPT has a one year low of $28.00 and a one year high of $35.50.

Key EQPT News

Here are the key news stories impacting EQPT this week:

• Positive Sentiment: Several large brokerages started coverage or published new notes on EQPT, increasing sell‑side visibility and likely driving buy-side interest. Coverage initiations include Oppenheimer. Oppenheimer Initiates Coverage on EQPT
• Positive Sentiment: Goldman Sachs initiated coverage, adding institutional attention that can boost flows and volatility. Goldman Sachs Initiates Coverage on EQPT
• Positive Sentiment: Additional firms joining coverage (Robert W. Baird, Citigroup, UBS, Truist) broaden analyst coverage and may help raise trading volume and investor awareness. Robert W. Baird Coverage Initiated Citigroup Begins Coverage UBS Coverage Initiated Truist Coverage Initiated
• Positive Sentiment: KeyCorp initiated coverage and published detailed EPS estimates showing a ramp to positive annual earnings (KeyCorp forecasts FY2026 ~$0.50 EPS and FY2027 ~$1.22 EPS), which supports a bullish medium‑term thesis. KeyCorp Initiates Coverage on EQPT
• Positive Sentiment: Zacks upgraded EQPT to a “hold” (from a lower stance), a modest positive catalyst that can attract cautious investors and algos that track rating changes. Zacks.com
• Neutral Sentiment: Reported short interest data shows zero shares and a 0.0 days‑to‑cover figure — likely a reporting anomaly or stale data and not meaningful as a squeeze signal today.
• Negative Sentiment: KeyCorp’s quarter‑level estimates include near‑term losses (e.g., Q1 2026 projected at ($0.20) EPS), indicating earnings volatility and execution risk during the ramp, which could weigh on sentiment if results miss expectations. MarketBeat EQPT

EQPT 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.