Citigroup Has Lowered Expectations for EquipmentShare.com (NASDAQ:EQPT) Stock Price

Posted by Brenda Bartman on Jul 8th, 2026

EquipmentShare.com (NASDAQ:EQPT – Get Free Report) had its target price lowered by stock analysts at Citigroup from $26.00 to $20.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Citigroup’s price objective would suggest a potential upside of 18.66% from the stock’s current price.

A number of other research analysts also recently issued reports on EQPT. BNP Paribas Exane initiated coverage on shares of EquipmentShare.com in a research note on Monday, June 29th. They issued a “neutral” rating and a $22.00 price target for the company. Robert W. Baird lowered their target price on shares of EquipmentShare.com from $63.00 to $55.00 and set an “outperform” rating on the stock in a research report on Friday, March 20th. Wall Street Zen upgraded EquipmentShare.com from a “sell” rating to a “hold” rating in a research report on Saturday, March 14th. Citizens Jmp reiterated a “market outperform” rating and set a $42.00 price target on shares of EquipmentShare.com in a research note on Monday, June 22nd. Finally, Wells Fargo & Company cut their price target on shares of EquipmentShare.com from $35.00 to $32.00 and set an “overweight” rating for the company in a report on Monday, April 13th. Six analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, EquipmentShare.com has a consensus rating of “Hold” and an average price target of $37.22.

Read Our Latest Stock Analysis on EQPT

EquipmentShare.com Stock Performance

Shares of NASDAQ EQPT traded down $1.12 during mid-day trading on Wednesday, reaching $16.86. The company’s stock had a trading volume of 848,940 shares, compared to its average volume of 1,916,104. The firm has a market cap of $4.25 billion and a PE ratio of 129.32. The business has a 50-day simple moving average of $21.44. EquipmentShare.com has a 1-year low of $16.74 and a 1-year high of $35.50. The company has a quick ratio of 1.90, a current ratio of 2.47 and a debt-to-equity ratio of 2.71.

EquipmentShare.com (NASDAQ:EQPT – Get Free Report) last posted its earnings results on Wednesday, May 13th. The company reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.26) by $0.15. The firm had revenue of $989.00 million during the quarter. The company’s revenue for the quarter was up 38.1% compared to the same quarter last year. Analysts predict that EquipmentShare.com will post 0.46 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Jabbok Schlacks bought 50,000 shares of EquipmentShare.com stock in a transaction on Monday, June 15th. The stock was purchased at an average cost of $21.12 per share, with a total value of $1,056,000.00. Following the purchase, the chief executive officer directly owned 50,000 shares of the company’s stock, valued at approximately $1,056,000. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director W Bryan Hill acquired 21,803 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The stock was bought at an average price of $22.89 per share, with a total value of $499,070.67. Following the completion of the acquisition, the director directly owned 35,794 shares of the company’s stock, valued at approximately $819,324.66. This represents a 155.84% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased 81,803 shares of company stock valued at $1,797,271 over the last three months.

About EquipmentShare.com

(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.