EquipmentShare.com’s (EQPT) Buy Rating Reaffirmed at Truist Financial

Posted by George Bondi on May 16th, 2026

Truist Financial reissued their buy rating on shares of EquipmentShare.com (NASDAQ:EQPT – Free Report) in a research report report published on Friday,Benzinga reports. The brokerage currently has a $41.00 price objective on the stock, up from their prior price objective of $34.00.

Other analysts have also recently issued reports about the stock. Citigroup reduced their target price on shares of EquipmentShare.com from $25.00 to $22.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Robert W. Baird dropped their price target on shares of EquipmentShare.com from $63.00 to $55.00 and set an “outperform” rating for the company in a research report on Friday, March 20th. Weiss Ratings upgraded shares of EquipmentShare.com from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, April 29th. KeyCorp began coverage on shares of EquipmentShare.com in a research report on Tuesday, February 17th. They issued a “sector weight” rating for the company. Finally, Oppenheimer began coverage on shares of EquipmentShare.com in a research report on Tuesday, February 17th. They issued an “outperform” rating and a $39.00 price target for the company. Six research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, EquipmentShare.com has an average rating of “Hold” and an average target price of $40.25.

Check Out Our Latest Stock Analysis on EQPT

EquipmentShare.com Price Performance

Shares of EQPT stock opened at $24.29 on Friday. EquipmentShare.com has a 12 month low of $17.95 and a 12 month high of $35.50. The firm’s 50 day simple moving average is $22.49.

EquipmentShare.com (NASDAQ:EQPT – Get Free Report) last announced its earnings results on Wednesday, May 13th. The company reported ($0.11) EPS for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.15. The business had revenue of $989.00 million for the quarter. EquipmentShare.com’s revenue was up 38.1% compared to the same quarter last year. As a group, research analysts predict that EquipmentShare.com will post 0.47 earnings per share for the current year.

Insider Buying and Selling at EquipmentShare.com

In other news, Director Naveen Bhatia purchased 10,000 shares of the company’s stock in a transaction on Friday, May 15th. The stock was acquired at an average cost of $24.22 per share, for a total transaction of $242,200.00. Following the completion of the transaction, the director directly owned 312,000 shares in the company, valued at $7,556,640. This trade represents a 3.31% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

About EquipmentShare.com

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EquipmentShare.com Inc provides integrated, full-service construction solutions across equipment rental, sales and technology. EquipmentShare.com Inc is based in Columbia, Missouri.