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6 stories mentioning EQPTUpdated 24d ago

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Wire

EquipmentShare.com's Raised Outlook Reflects Strong Demand, Truist Says

EquipmentShare.com's (EQPT) raised fiscal 2026 guidance was driven by continued strong customer demand, sustained fleet utilization, and disciplined execution, Truist said in a Friday note.The investment firm said the raise was primarily driven by the Equipment Rental segment, with management citing stronger-than-expected Q2 performance, continued market share gains and margin expansion at mature rental locations.Truist added that the company also announced a new share repurchase authorization, to be executed opportunistically while staying within its targeted leverage framework.The brokerage said the increase in capital spending reflects broadening strength in construction equipment demand, from earthmoving to compact equipment and should support improving rental rates and margins in the back half of the year.The read-through is also positive for Terex's (TEX) Aerials segment and Oshkosh's (OSK) Access segment, according to the note.Truist maintained its buy rating and a price target of $38.Shares of EquipmentShare.com were up more than 16% in Friday trading.Price: $18.65, Change: $+2.65, Percent Change: +16.56%

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Wire

Update: EquipmentShare.Com Shares Jump After 2026 Revenue Outlook Raised

(Updates with share movement in in the headline and first paragraph.EquipmentShare.com (EQPT) shares rose 16% in Friday trading, a day after the company lifted its 2026 revenue guidance to $5.25 billion to $5.68 billion from $5.15 billion to $5.58 billion.Analysts polled by FactSet expect $5.28 billion.The company also approved a new share repurchase program for up to $500 million of its class A stock through Dec. 31, 2028.Price: $18.52, Change: $+2.52, Percent Change: +15.78%

$EQPT
Commodities

Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Friday Amid Renewed US-Iran Tensions Ahead of Q2 Earnings Season

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.03%, and the actively traded Invesco QQQ Trust (QQQ) retreated by 0.4% in Friday's premarket activity, as markets traded mixed amid renewed US-Iran tensions ahead of the Q2 earnings season.US stock futures were also mixed, with S&P 500 Index futures down 0.1%, Dow Jones Industrial Average futures gaining 0.1%, and Nasdaq futures retreating 0.5% before the start of regular trading.In premarket action, bitcoin was up by 1.9%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 2.1% higher, Ether ETF (EETH) advanced 3.4%, and Bitcoin & Ether Market Cap Weight ETF (BETH) gained 1.9%.Power Play:FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.6%. Direxion Daily Financial Bull 3X Shares (FAS) was up 1.4%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 1.3% lower.Circle Internet Group (CRCL) shares traded up 13% in early hours activity after the company said it received approval from the Office of the Comptroller of the Currency to establish First National Digital Currency Bank, which will operate under the name Circle National Trust.Winners and Losers:IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.3%, the Vanguard Industrials Index Fund (VIS) was flat, and the iShares US Industrials ETF (IYJ) was inactive.EquipmentShare.com (EQPT) stock was up more than 10% before the opening bell after the company said late Thursday it now expects revenue to be in a range of $5.25 billion to $5.68 billion for 2026, up from its previous guidance of $5.15 billion to $5.58 billion.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.4%, the Vanguard Health Care Index Fund (VHT) was up 0.6%, while the iShares US Healthcare ETF (IYH) slipped 1.3%. The iShares Biotechnology ETF (IBB) was 0.1% higher.Mesoblast (MESO) stock was up more than 4% premarket after the company reported late Thursday that sales of its steroid-refractory acute graft-versus-host disease treatment, Ryoncil, totaled $36 million in fiscal Q4.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 0.6%, and the iShares US Technology ETF (IYW) was 0.02% lower, while the iShares Expanded Tech Sector ETF (IGM) was flat. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) fell 1.8%, while the iShares Semiconductor ETF (SOXX) was down 1.6%.ChipMOS Technologies (IMOS) shares were up more than 3% in premarket activity after the company said that its Q2 revenue rose 28.7% year over year to 7.38 billion New Taiwan dollars ($231.8 million), marking its highest quarterly revenue since 2014.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.1%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was flat, and the iShares US Consumer Staples ETF (IYK) was down 0.5%. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) advanced 0.1%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 0.3% higher.XPeng (XPEV) shares were up 1% pre-bell after the company said it has started employee testing of its Robotaxi platform.EnergyThe iShares US Energy ETF (IYE) was flat, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 0.5%.BW LPG (BWLP) stock was up more than 1% before market open after the company said its BW LPG India subsidiary has agreed to sell BW Elm vessel to an unnamed buyer for cash proceeds of $64 million.CommoditiesFront-month US West Texas Intermediate crude oil advanced by 0.4% to $72.33 per barrel on the New York Mercantile Exchange. Natural gas was down by 1.4% to $2.97 per 1 million British Thermal Units. The United States Oil Fund (USO) retreated by 0.4%, while the United States Natural Gas Fund (UNG) was 1.6% lower.Gold futures for July fell 0.8% to $4,107.70 an ounce on the Comex. Silver futures retreated by 1.3% to $59.95 an ounce. SPDR Gold Shares (GLD) decreased 0.5%, and the iShares Silver Trust (SLV) was 0.5% lower.

Dow JonesNasdaq CompositeS&P 500$BETH$BITO$BWLP$CRCL$EEM$EETH$EQPT$EXI$FAS$FAZ$GLD$IBB$IGM$IGV$IMOS$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$MESO$PMR$QQQ$RTH$SLV$SOXX$SPY$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XPEV$XRT$XSD
Research

BNP Paribas Initiates EquipmentShare.com at Neutral With $22 Price Target

EquipmentShare.com, Inc. Class A (EQPT) has an average rating of overweight and mean price target of $37.60, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$EQPT
Insider Trading

Equipmentshare.com Insider Bought Shares Worth $1,073,500, According to a Recent SEC Filing

William J. Schlacks, Director, Co-Founder & President, Member of 10% owner group, on June 15, 2026, executed a purchase for 50,000 shares in Equipmentshare.com (EQPT) for $1,073,500. Following the Form 4 filing with the SEC, Schlacks has control over a total of 14,356,548 Class A common shares of the company, with 50,000 shares held directly and 14,306,548 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1693736/000095010326009151/xslF345X05/ownership.xml

$EQPT
Insider Trading

Equipmentshare.com Insider Bought Shares Worth $1,056,039, According to a Recent SEC Filing

Jabbok Schlacks, Director, Co-Founder & CEO, Member of 10% owner group, on June 15, 2026, executed a purchase for 50,000 shares in Equipmentshare.com (EQPT) for $1,056,039. Following the Form 4 filing with the SEC, Schlacks has control over a total of 14,356,548 Class A common shares of the company, with 50,000 shares held directly and 14,306,548 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1693736/000095010326009152/xslF345X05/ownership.xml

$EQPT

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