EquipmentShare.com’s (EQPT) “Buy” Rating Reiterated at Truist Financial

Posted by Brenda Bartman on Aug 28th, 2026

Truist Financial reissued their buy rating on shares of EquipmentShare.com (NASDAQ:EQPT – Free Report) in a report published on Tuesday morning,Benzinga reports. Truist Financial currently has a $35.00 price objective on the stock, down from their previous price objective of $38.00.

Other equities analysts have also issued research reports about the company. Wells Fargo & Company lowered their target price 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 reaffirmed a “market outperform” rating and issued a $42.00 price objective on shares of EquipmentShare.com in a report on Monday, June 22nd. UBS Group dropped their target price on EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating for the company in a report on Thursday, August 20th. Weiss Ratings raised shares of EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, August 14th. Finally, Citigroup boosted their price objective on shares of EquipmentShare.com from $19.00 to $22.00 and gave the company a “neutral” rating in a report on Monday, August 17th. Six equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $34.78.

Read Our Latest Analysis on EQPT

EquipmentShare.com Price Performance

Shares of EQPT opened at $18.30 on Tuesday. The company’s 50-day moving average is $19.37 and its 200-day moving average is $22.31. 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 firm has a market capitalization of $4.64 billion and a PE ratio of 59.03. EquipmentShare.com has a fifty-two week low of $15.71 and a fifty-two week high of $35.50.

EquipmentShare.com (NASDAQ:EQPT – Get Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.28. The company had revenue of $1.45 billion during the quarter. Equities analysts forecast that EquipmentShare.com will post 0.38 EPS for the current year.

EquipmentShare.com declared that its Board of Directors has initiated a share repurchase plan on Friday, July 10th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 12.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling at EquipmentShare.com

In other EquipmentShare.com news, major shareholder Neil Chheda sold 1,285,402 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $20.62, for a total transaction of $26,504,989.24. Following the completion of the sale, the insider directly owned 40,476,688 shares in the company, valued at $834,629,306.56. This represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jabbok Schlacks bought 50,000 shares of EquipmentShare.com stock in a transaction on Monday, June 15th. The stock was acquired at an average cost of $21.12 per share, for a total transaction of $1,056,000.00. Following the acquisition, the chief executive officer owned 50,000 shares in the company, valued at approximately $1,056,000. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders bought 60,950 shares of company stock worth $1,276,172 and sold 2,201,032 shares worth $45,393,501. Company insiders own 32.81% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Chico Wealth RIA bought a new stake in shares of EquipmentShare.com during the 2nd quarter valued at approximately $322,000. Bank of New York Mellon Corp acquired a new stake in shares of EquipmentShare.com during the second quarter valued at about $326,000. California State Teachers Retirement System acquired a new stake in shares of EquipmentShare.com during the second quarter valued at about $16,447,000. Finally, Wellington Management Group LLP bought a new stake in shares of EquipmentShare.com during the second quarter worth about $168,226,000.

Trending Headlines about EquipmentShare.com

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

Positive Sentiment: Truist reaffirmed its Buy rating on EquipmentShare.com, signaling continued confidence in the company’s long-term outlook. No new price target was disclosed. Truist Financial Reaffirms Buy Rating for EquipmentShare.com
Neutral Sentiment: Multiple law firms are publicizing the same securities class action against EquipmentShare.com. The case covers investors who purchased shares in or traceable to the company’s January 2026 IPO, and investors who bought securities during the stated class period, generally January 23 through June 23, 2026. The lead-plaintiff deadline is September 21, 2026. Rosen EquipmentShare Investor Deadline Notice
Negative Sentiment: The lawsuit alleges misleading disclosures and undisclosed related-party transactions. One investor alert claims founder-affiliated entities received at least $77 million through related transactions, potentially exposing the company to damages, legal costs, regulatory scrutiny and weakened investor confidence. These allegations have not been proven in court. Levi and Korsinsky EquipmentShare Investor Alert
Negative Sentiment: The number of law-firm announcements increases visibility of the litigation risk. Pomerantz, Kaplan Fox, Rosen, Faruqi & Faruqi, Bernstein Liebhard and other firms are urging affected shareholders to seek lead-plaintiff status, which may amplify short-term volatility and pressure the stock. Pomerantz EquipmentShare 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.