Custom Truck One Source (NYSE:CTOS) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Posted by Francis Steltz on Aug 4th, 2026

Custom Truck One Source (NYSE:CTOS – Get Free Report) had its price target boosted by equities researchers at Robert W. Baird from $10.00 to $12.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Robert W. Baird’s target price points to a potential upside of 13.16% from the stock’s current price.

Other equities analysts also recently issued research reports about the company. Oppenheimer reiterated an “outperform” rating and set a $11.00 price target on shares of Custom Truck One Source in a report on Friday, May 1st. Capital One Financial set a $13.00 price objective on shares of Custom Truck One Source in a report on Tuesday, May 26th. Stifel Nicolaus raised their target price on shares of Custom Truck One Source from $8.00 to $11.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. lifted their target price on shares of Custom Truck One Source from $6.00 to $8.00 and gave the stock an “underweight” rating in a report on Wednesday, April 29th. Finally, DA Davidson reissued a “buy” rating and set a $8.50 target price on shares of Custom Truck One Source in a research report on Tuesday, April 28th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $10.93.

Get Our Latest Research Report on Custom Truck One Source

Custom Truck One Source Stock Up 4.5%

CTOS stock opened at $10.60 on Tuesday. The firm has a market cap of $2.40 billion, a PE ratio of -117.82 and a beta of 1.38. Custom Truck One Source has a 1 year low of $5.18 and a 1 year high of $12.23. The company has a fifty day simple moving average of $10.48 and a 200 day simple moving average of $8.48. The company has a current ratio of 1.30, a quick ratio of 0.25 and a debt-to-equity ratio of 2.02.

Custom Truck One Source (NYSE:CTOS – Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.04. The company had revenue of $563.45 million for the quarter, compared to analyst estimates of $509.76 million. Custom Truck One Source had a negative return on equity of 2.18% and a negative net margin of 0.88%.The business’s revenue was up 10.2% compared to the same quarter last year. During the same period last year, the company earned ($0.13) earnings per share. Sell-side analysts anticipate that Custom Truck One Source will post 0.11 EPS for the current fiscal year.

Institutional Investors Weigh In On Custom Truck One Source

Several institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its holdings in shares of Custom Truck One Source by 15.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,602,838 shares of the company’s stock worth $36,806,000 after acquiring an additional 741,857 shares during the period. Boston Partners increased its stake in Custom Truck One Source by 0.8% in the third quarter. Boston Partners now owns 5,475,307 shares of the company’s stock valued at $35,150,000 after acquiring an additional 42,232 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Custom Truck One Source by 2.2% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,310,114 shares of the company’s stock valued at $34,090,000 after acquiring an additional 112,519 shares during the period. Vanguard Group Inc. raised its position in Custom Truck One Source by 4.3% in the third quarter. Vanguard Group Inc. now owns 3,276,088 shares of the company’s stock worth $21,032,000 after purchasing an additional 135,192 shares in the last quarter. Finally, Alyeska Investment Group L.P. raised its position in Custom Truck One Source by 42.9% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,500,229 shares of the company’s stock worth $14,401,000 after purchasing an additional 750,000 shares in the last quarter. Institutional investors own 90.07% of the company’s stock.

Key Headlines Impacting Custom Truck One Source

Here are the key news stories impacting Custom Truck One Source this week:

Positive Sentiment: Q2 results exceeded expectations: CTOS reported adjusted earnings of $0.05 per share, versus analyst estimates ranging from $0.01 to $0.02 and a loss of $0.13 in the prior-year quarter. Revenue reached a record $563.4 million, up 10.2% year over year and well above the roughly $510 million consensus estimate. Custom Truck One Source Reports Second Quarter 2026 Results
Positive Sentiment: Full-year guidance was raised: Management now expects 2026 revenue of $2.1 billion to $2.2 billion, above the approximately $2.05 billion FactSet consensus, and increased its adjusted EBITDA outlook. The upgraded forecast suggests continued demand for specialty equipment serving utility, telecom, rail and other infrastructure markets. Custom Truck One Source 2026 Revenue Outlook
Positive Sentiment: The earnings beat improved the company’s outlook: The quarter marked a shift from the year-ago loss to positive earnings, reinforcing the market’s view that operating performance may be recovering as infrastructure-related demand remains firm. Custom Truck One Source Beats Q2 Estimates
Neutral Sentiment: Analyst target remains close to the market: The reported consensus price target is $10.14, offering limited implied upside relative to the stock’s recent trading level and suggesting analysts have not yet fully repriced the stronger results. CTOS Consensus Target Price
Negative Sentiment: Financial risks remain: CTOS continues to report a negative net margin and negative return on equity, while its debt-to-equity ratio is approximately 2.0. These factors could limit the stock’s upside if growth or profitability improvement slows.

Custom Truck One Source Company Profile

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Custom Truck One Source, Inc (NYSE: CTOS) is a North American provider of specialty rental equipment, parts and services. The company’s fleet encompasses a wide range of assets, including cranes, aerial work platforms, trench safety and shoring equipment, fluid management solutions, generators and other industrial machinery. Customers rely on Custom Truck One Source to support projects in construction, energy, telecommunications, industrial manufacturing, municipalities and large-scale events.

Headquartered in Plano, Texas, Custom Truck One Source has expanded through a combination of organic growth and strategic acquisitions to establish a network of more than 140 branch locations across the United States and Canada.