Truist Financial Reiterates Buy Rating for EquipmentShare.com (NASDAQ:EQPT)

EquipmentShare.com (NASDAQ:EQPT)‘s stock had its “buy” rating reaffirmed by Truist Financial in a research note issued on Tuesday,Benzinga reports. They currently have a $35.00 price objective on the stock, down from their previous price objective of $38.00. Truist Financial’s price objective would indicate a potential upside of 86.57% from the company’s previous close.

A number of other brokerages have also recently weighed in on EQPT. UBS Group reduced their price target on shares of EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating on the stock in a research report on Thursday, August 20th. Wells Fargo & Company dropped 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 report on Tuesday, July 14th. Citigroup raised their target price 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. Weiss Ratings upgraded shares of EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 14th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $42.00 price target on shares of EquipmentShare.com in a research report on Monday, June 22nd. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, EquipmentShare.com currently has an average rating of “Hold” and a consensus target price of $34.78.

EquipmentShare.com Stock Performance

EquipmentShare.com stock opened at $18.76 on Tuesday. The company has a market cap of $4.75 billion and a price-to-earnings ratio of 60.52. EquipmentShare.com has a 12 month low of $15.71 and a 12 month high of $35.50. The company has a debt-to-equity ratio of 3.16, a current ratio of 2.42 and a quick ratio of 1.91. The stock’s 50-day moving average is $19.71 and its 200-day moving average is $22.63.

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

EquipmentShare.com announced that its Board of Directors has approved a stock repurchase plan on Friday, July 10th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 12.4% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In related news, insider William J. Schlacks purchased 4,000 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was purchased at an average price of $19.56 per share, for a total transaction of $78,240.00. Following the acquisition, the insider directly owned 58,950 shares in the company, valued at $1,153,062. The trade was a 7.28% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jabbok Schlacks acquired 50,000 shares of the stock in a transaction on Monday, June 15th. The stock was purchased 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 directly owned 50,000 shares of the company’s stock, valued at $1,056,000. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have purchased 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 Investors Weigh In On EquipmentShare.com

Large investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP purchased a new stake in EquipmentShare.com during the 2nd quarter worth $168,226,000. California State Teachers Retirement System acquired a new position in EquipmentShare.com in the 2nd quarter worth $16,447,000. Bank of New York Mellon Corp purchased a new position in EquipmentShare.com in the 2nd quarter valued at about $326,000. Finally, Chico Wealth RIA purchased a new position in EquipmentShare.com in the 2nd quarter valued at about $322,000.

Key EquipmentShare.com News

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.