EquipmentShare.com (NASDAQ:EQPT) Stock Price Up 6.4% – Here’s What Happened

Posted by Geri Gentry on Sep 25th, 2026

EquipmentShare.com Inc (NASDAQ:EQPT – Get Free Report) shares were up 6.4% on Friday. The stock traded as high as $17.39 and last traded at $17.3660. 2,648,734 shares traded hands during mid-day trading, an increase of 12% from the average daily volume of 2,357,722 shares. The stock had previously closed at $16.32.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. UBS Group dropped their price objective on shares of EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating on the stock in a report on Thursday, August 20th. BNP Paribas Exane began coverage on shares of EquipmentShare.com in a research report on Monday, June 29th. They issued a “neutral” rating and a $22.00 price target on the stock. Citigroup upped their price target 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 raised shares of EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 14th. Finally, Truist Financial reiterated a “buy” rating and issued a $35.00 price objective (down from $38.00) on shares of EquipmentShare.com in a research note on Tuesday, August 25th. Six research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, EquipmentShare.com currently has an average rating of “Hold” and an average target price of $34.78.

Check Out Our Latest Analysis on EQPT

EquipmentShare.com Price Performance

The business’s 50-day moving average price is $18.73 and its 200 day moving average price is $20.45. The company has a quick ratio of 1.91, a current ratio of 2.42 and a debt-to-equity ratio of 3.16. The company has a market capitalization of $4.40 billion and a P/E ratio of 55.88.

EquipmentShare.com (NASDAQ:EQPT – Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.28. The firm had revenue of $1.45 billion for the quarter. Analysts anticipate that EquipmentShare.com Inc will post 0.44 EPS for the current fiscal year.

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

Insider Activity

In related news, CEO Jabbok Schlacks purchased 22,900 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The shares were purchased at an average price of $17.76 per share, with a total value of $406,704.00. Following the acquisition, the chief executive officer directly owned 125,000 shares of the company’s stock, valued at approximately $2,220,000. This represents a 22.43% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider William J. Schlacks acquired 4,000 shares of the stock in a transaction dated Tuesday, August 18th. The shares were bought at an average price of $19.56 per share, for a total transaction of $78,240.00. Following the transaction, the insider owned 58,950 shares in the company, valued at approximately $1,153,062. This represents a 7.28% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 85,950 shares of company stock worth $1,537,422 and sold 2,201,032 shares worth $45,393,501. Company insiders own 32.81% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP bought a new position in EquipmentShare.com in the second quarter valued at $679,000. Arizona State Retirement System bought a new stake in EquipmentShare.com during the second quarter worth about $205,000. Waverly Advisors LLC purchased a new position in shares of EquipmentShare.com in the 2nd quarter worth about $2,387,000. Chico Wealth RIA bought a new position in shares of EquipmentShare.com during the 2nd quarter valued at about $322,000. Finally, Wellington Management Group LLP bought a new position in shares of EquipmentShare.com during the 2nd quarter valued at about $168,226,000.

EquipmentShare.com Company Profile

(Get Free Report)

EquipmentShare.com is a technology-enabled equipment rental and services company serving the construction and industrial sectors. The company provides access to construction equipment, including aerial lifts, earthmoving machinery, material-handling equipment, generators and other jobsite assets, through a network of locations across the United States.

Its business combines equipment rental and sales with maintenance, repair and related support services. EquipmentShare also offers technology intended to help contractors manage fleets and jobsites.