EquipmentShare.com (NASDAQ:EQPT) Stock Gets Price Target Trim from Robert W. Baird

Posted by Stanley Muller on Oct 20th, 2026

EquipmentShare.com (NASDAQ:EQPT – Get Free Report) had its price objective dropped by Robert W. Baird from $35.00 to $28.00 in a report issued on Tuesday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Robert W. Baird’s price target would suggest a potential upside of 100.72% from the stock’s previous close.

Other equities research analysts have also issued research reports about the stock. Citigroup cut their price target on shares of EquipmentShare.com from $22.00 to $17.00 and set a “neutral” rating for the company in a report on Monday, October 12th. UBS Group reduced their price objective on shares of EquipmentShare.com from $24.00 to $22.00 and set a “neutral” rating for the company in a research report on Thursday, August 20th. Truist Financial decreased their price objective on shares of EquipmentShare.com from $35.00 to $31.00 and set a “buy” rating on the stock in a report on Monday, October 5th. Wells Fargo & Company dropped their target price on shares of EquipmentShare.com from $32.00 to $25.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th. Finally, 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 target price on the stock. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $30.78.

View Our Latest Stock Report on EquipmentShare.com

EquipmentShare.com Stock Up 2.6%

EquipmentShare.com stock opened at $13.95 on Tuesday. 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 has a market capitalization of $3.53 billion and a PE ratio of 45.00. The business has a 50 day simple moving average of $17.89 and a 200-day simple moving average of $19.63. EquipmentShare.com has a 12 month low of $13.00 and a 12 month high of $35.50.

EquipmentShare.com (NASDAQ:EQPT – Get Free Report) last announced its earnings results on Wednesday, August 12th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.28. The business had revenue of $1.45 billion for the quarter. On average, analysts anticipate that EquipmentShare.com will post 0.45 EPS for the current fiscal year.

EquipmentShare.com announced that its board has approved a stock buyback program on Friday, July 10th that permits the company to repurchase $500.00 million in shares. This buyback authorization permits the company to buy up to 12.4% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its stock is undervalued.

Insiders Place Their Bets

In other news, major shareholder Neil Chheda sold 1,285,402 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $20.62, for a total value of $26,504,989.24. Following the transaction, the insider owned 40,476,688 shares in the company, valued at $834,629,306.56. This trade represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jabbok Schlacks bought 22,900 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The stock was purchased at an average price of $17.76 per share, for a total transaction of $406,704.00. Following the transaction, the chief executive officer 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 SEC filing for this purchase provides additional information. 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. 32.81% of the stock is owned by company insiders.

Institutional Trading of EquipmentShare.com

Institutional investors have recently made changes to their positions in the company. Wellington Management Group LLP purchased a new stake in shares of EquipmentShare.com during the second quarter worth approximately $168,226,000. Waverly Advisors LLC acquired a new position in EquipmentShare.com in the 2nd quarter valued at $2,387,000. Engineers Gate Manager LP acquired a new position in EquipmentShare.com in the 2nd quarter valued at $679,000. BigSur Wealth Management LLC purchased a new position in EquipmentShare.com in the 3rd quarter valued at $434,000. Finally, Bank of New York Mellon Corp purchased a new position in EquipmentShare.com in the 2nd quarter valued at $326,000.

About EquipmentShare.com

(Get Free Report)

EquipmentShare is a construction equipment rental and technology company that combines equipment, digital tools and services for contractors and other businesses. Its operations include the rental of construction equipment, equipment sales, maintenance and repair, transportation, and related support services.

The company’s technology platform, including its T3 telematics and fleet-management tools, is designed to help customers monitor equipment location, utilization, maintenance needs and operating conditions.