URI United Rentals, Inc.

$URI Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $14.77 up 26.24% YoY • Reported revenue of $4.89B up 15.70% YoY • United Rentals raised 2026 outlook: total revenue of $18B to $18.2B and adjusted EBITDA of $8.3B to $8.4B; free cash flow excluding restructuring related payments remains $2.15B to $2.45B.

$URI Q3 adjusted EPS came in at 15.55 dollars vs 13.75 dollars expected, on record revenue of 4.89 billion dollars vs 4.67 billion expected. Specialty rental revenue jumped 34.7% to 1.70 billion dollars, roughly 4x the general rentals growth rate, and specialty gross margin widened to 47.6%. Full year revenue guidance went up to 18.0 to 18.2 billion dollars from 17.5 to 17.8 billion.

$URI Reports Q3 Wednesday after the close. Zacks consensus is 13.75 dollars a share, up 17.5% year over year, on 4.67 billion dollars in revenue, up 10.4%. The mix is doing most of the work though. Specialty rentals are modeled up 20.4% to 1.69 billion, General Rentals up just 6.9% to 3.02 billion. Specialty was already 32.4% of revenue in Q2, and it is the higher-margin side of the business. Estimates have been rising into this one too, consensus up from 13.64 dollars over the last 30 days, after Q2 beat the estimate by 9.3%.

United Rentals shares could move approximately 7.7% following the company's Q3 earnings report on October 21, after market close, according to Bloomberg options data. The stock has exceeded options-implied moves in five of its last eight earnings announcements, highlighting the potential for significant volatility around results. In July, options implied a 7.4% move, while the actual change was 6.9%. In April, the expected move was 5.2%, but the stock moved 28.0%. In January, options projected a 6.2% move, compared with an actual 13.6% decline. Other recent earnings reactions also exceeded expectations: shares fell 8.6% in October 2025 against an implied 5.2% move, rose 9.7% in July 2025 versus an expected 5.0%, and moved 8.4% in April 2025 against an implied 5.7%. These historical swings suggest options may underestimate the stock's potential reaction to earnings surprises. $URI

$URI United Rentals commands a firm bullish read as of 28 Sep 2026, driven by scale advantages capturing multi-year megaprojects and management lifting 2026 revenue and free cash flow guidance. On the technical side, steady momentum keeps shares comfortably above the 200-day moving average alongside a bullish MACD crossover, supported by a low 2.8 percent short interest level and a broad analyst consensus. While we note steady revenue growth, elevated debt and recent insider selling bear watching, the overall structure remains constructive across both medium and long horizons, as detailed in the chart attached. Our stance would shift if supply chain bottlenecks or macroeconomic headwinds begin eroding fleet utilization rates and cause management to reverse its guidance trajectory. (Disclosure: we're and this is our own research.)

S&P Global Ratings upgraded United Rentals’ issuer credit rating to investment grade, raising it to BBB- from BB+, citing disciplined financial management, sustained cash flow generation, and lower leverage. The agency also upgraded the company’s unsecured debt rating to BBB- and affirmed its senior debt rating at BBB-, with a stable outlook reflecting expectations for resilient operating performance across market cycles. The upgrade highlights United Rentals’ ability to maintain leverage around 2x while funding strategic growth and share buybacks. Its scale and expanding specialty-equipment business provide a buffer against potential cyclical downturns in nonresidential construction. The company has generated more than $1.5 billion in annual operating free cash flow over the past five years, while S&P expects revenue to grow 8%–10% annually through 2027, driven by major U.S. infrastructure projects and data-center construction. $URI

• Company: United Rentals $URI • Sector: Industrials / Rental & Leasing Services • Business: Heavy equipment, specialty tools, and site services for industrial and infrastructure construction. • Profitability: TTM EPS $41.69 GAAP / Q2 Adj EPS $12.76 on $4.41B revenue. FY26 EBITDA Guidance: $7.975B–$8.125B. • Catalyst: Heavy institutional block flow ($88M+ total spot prints) combined with infrastructure spend acceleration. Technical Breakdown: Testing upper boundaries of the long-term ascending channel around $1,000–$1,020. Holding above $980 supports a continuation move into all-time high blue-sky territory. 🎯 Key Levels: 🐂 Bull Trigger: $1,005.00 / $1,020.00 🚀 Targets TP: $1,080.00 / $1,150.00 / $1,250.00 🛡 Support: $980.00 / $960.00 ⚠️️ Stop Loss SL: $900.00 ⚖️ Bias: Bullish Breakout Continuation • Rationale: Strong institutional flow accumulation at $1,000+ spot prices aligns with upper-channel expansion on the weekly chart. #URI #stocks #trading #hovdid