Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
EquipmentShare.com Inc (EQPT)
NASDAQIndustrialsRental & Leasing ServicesSnapshot 2026-11-05
$13.67-9.35%
Close 2026-11-05 · 1-day change
NASDAQIndustrialsRental & Leasing ServicesSnapshot 2026-11-05
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
0.72 → 0.76 EPS · FY ending Dec 31, 2027 · 5 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 6, 2026 to Nov 5, 2026: (new ÷ prior − 1). Contributor count changed from 4 to 5; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for EQPT yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Achieve Adjusted Core EBITDA between $1.813B and $1.925B in 2026 | A primary condition in EquipmentShare.com Inc's published investment case. The stated target is >= $1.813B and <= $1.925B. | Intact | Adjusted Core EBITDA falls below $1.813B in FY26 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
EQPT is a growth-oriented equipment rental business, with construction technology as an additional growth effort. Its long-term thesis is intact, supported by strong recent financial performance, though elevated risk and a sector headwind make execution important.
The evidence snapshot gives no valuation multiple or direct measure of market expectations, so whether EQPT is cheap or expensive versus peers cannot be established. It reports low fragility, with no signals that the current market regime is concentrating valuation risk.
Near term, management has raised full-year rental revenue and Adjusted Core EBITDA guidance, following strong year-over-year growth in both measures. T3 telematics revenue also increased, but broader customer workflow adoption remains less proven. The main near-term risk is a guidance cut; recent company momentum has also weakened despite the strong results.
The multi-year view depends on rental growth and location maturation continuing to support EBITDA, while T3 expands beyond its current revenue gains into wider customer use. Near-term expectations hinge on the next guidance update and on sector bellwethers: continued strong results could support the industrial backdrop, while misses or lower guidance could remove that support.
For the next 1 to 3 years, EQPT’s operating evidence supports an intact thesis, but weaker momentum, elevated risk, and a sector headwind leave execution and guidance as key tests. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| A supporting condition in EquipmentShare.com Inc's published investment case. The stated target is >= $2.106B and <= $2.328B. |
| Intact |
| Capex exceeds $2.328B or falls below $2.106B in FY26 |
Capital expenditures: $436M FY2026-Q2; GAAP. Published target: >= $2.106B and <= $2.328B. Annual target cannot be compared with a quarterly or TTM observation. Aug 13, 2026436,000,000 USD · source valueLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Maintain gross margin between 55% and 60% in 2026 | A primary condition in EquipmentShare.com Inc's published investment case. The stated target is >= 55% and <= 60%. | Broken | Gross margin falls below 55% in FY26 | Gross margin: 28.36% FY2026-Q2; GAAP. Published target: >= 55% and <= 60%. Annual target cannot be compared with a quarterly or TTM observation. Aug 13, 202628.364389 percent · calculatedLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Achieve total revenue between $5.051B and $5.471B in 2026 | A primary condition in EquipmentShare.com Inc's published investment case. The stated target is >= $5.051B and <= $5.471B. | Intact | Annual revenue falls below $5.051B in FY26 | Revenue: $1.449B FY2026-Q2; GAAP. Published target: >= $5.051B and <= $5.471B. Annual target cannot be compared with a quarterly or TTM observation. Aug 13, 20261,449,000,000 USD · source valueLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$0.81 → $0.76 · observed estimates
$6.37B → $6.76B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-07-25 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-07-26 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-07-27 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-07-28 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-07-29 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-07-30 | $1.06 | $6,474,816,540 | 6 / 11 |
| 2026-07-31 | $1.06 | $6,474,816,540 | 6 / 11 |
| 2026-08-01 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-08-02 | $1.06 | $6,474,816,540 | 6 / 11 |
| 2026-08-03 | $1.06 | $6,474,816,540 | 6 / 11 |
| 2026-08-04 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-08-05 | $1.06 | $6,474,816,540 | 6 / 11 |
| 2026-08-06 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-08-07 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-08-08 | $1.06 | $6,474,816,540 | 6 / 11 |
| 2026-08-09 | $1.06 | $6,474,816,540 | 6 / 11 |
| 2026-08-10 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-08-11 | $1.06 | $6,474,816,540 | 6 / 11 |
| 2026-08-12 | $1.06 | $6,474,816,540 | 6 / 11 |
| 2026-08-13 | $1.06 | $6,474,816,540 | 6 / 11 |
| 2026-08-14 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-08-15 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-08-16 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-08-17 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-08-18 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-08-19 | $0.81 | $6,369,708,336 | 4 / 7 |
| 2026-08-20 | $0.72 | $6,517,224,462 | 4 / 7 |
| 2026-08-21 | $0.74 | $6,575,684,340 | 4 / 7 |
| 2026-08-22 | $0.74 | $6,575,684,340 | 4 / 7 |
| 2026-08-23 | $0.74 | $6,575,684,340 | 4 / 7 |
| 2026-08-24 | $0.74 | $6,575,684,340 | 4 / 7 |
| 2026-08-25 | $0.72 | $6,584,914,590 | 4 / 7 |
| 2026-08-26 | $0.72 | $6,584,928,757 | 4 / 7 |
| 2026-08-27 | $0.72 | $6,584,928,757 | 4 / 7 |
| 2026-08-28 | $0.72 | $6,584,928,757 | 4 / 7 |
| 2026-08-29 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-08-30 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-08-31 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-01 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-02 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-03 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-04 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-05 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-06 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-07 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-08 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-09 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-10 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-11 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-12 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-13 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-14 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-15 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-16 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-17 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-18 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-19 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-20 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-21 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-22 | $0.72 | $6,664,928,757 | 4 / 7 |
| 2026-09-23 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-09-24 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-09-25 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-09-26 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-09-27 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-09-28 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-09-29 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-09-30 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-10-01 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-10-02 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-10-03 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-10-04 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-10-05 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-10-06 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-10-07 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-10-08 | $0.72 | $6,665,226,315 | 4 / 7 |
| 2026-10-09 | $0.72 | $6,664,928,754 | 5 / 7 |
| 2026-10-10 | $0.72 | $6,664,928,754 | 5 / 7 |
| 2026-10-11 | $0.72 | $6,664,928,754 | 5 / 7 |
| 2026-10-12 | $0.72 | $6,664,928,754 | 5 / 7 |
| 2026-10-13 | $0.72 | $6,664,928,754 | 5 / 7 |
| 2026-10-14 | $0.72 | $6,681,475,171 | 5 / 7 |
| 2026-10-15 | $0.72 | $6,681,475,171 | 5 / 7 |
| 2026-10-16 | $0.72 | $6,681,475,171 | 5 / 7 |
| 2026-10-17 | $0.72 | $6,681,475,171 | 5 / 7 |
| 2026-10-18 | $0.72 | $6,681,475,171 | 5 / 7 |
| 2026-10-19 | $0.72 | $6,681,475,171 | 5 / 7 |
| 2026-10-20 | $0.72 | $6,681,475,171 | 5 / 7 |
| 2026-10-21 | $0.76 | $6,759,181,728 | 5 / 7 |
| 2026-10-22 | $0.76 | $6,759,181,728 | 5 / 7 |
| 2026-10-23 | $0.76 | $6,759,181,728 | 5 / 7 |
| 2026-10-24 | $0.76 | $6,759,181,728 | 5 / 7 |
| 2026-10-25 | $0.76 | $6,759,181,728 | 5 / 7 |
| 2026-10-26 | $0.76 | $6,759,181,728 | 5 / 7 |
| 2026-10-27 | $0.76 | $6,759,181,728 | 5 / 7 |
| 2026-10-28 | $0.76 | $6,759,181,731 | 5 / 7 |
| 2026-10-29 | $0.76 | $6,759,181,731 | 5 / 7 |
| 2026-10-30 | $0.76 | $6,759,181,731 | 5 / 7 |
| 2026-10-31 | $0.76 | $6,759,181,731 | 5 / 7 |
| 2026-11-01 | $0.76 | $6,759,181,731 | 5 / 7 |
| 2026-11-02 | $0.76 | $6,759,181,731 | 5 / 7 |
| 2026-11-03 | $0.76 | $6,759,181,731 | 5 / 7 |
| 2026-11-04 | $0.76 | $6,759,181,731 | 5 / 7 |
| 2026-11-05 | $0.76 | $6,759,181,731 | 5 / 7 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 7 Buy / Strong Buy · 4 Hold · 0 Sell / Strong Sell
Recent actions · Oct 7–Nov 5 · 4 recorded
0 raises · 1 cuts · 0 unchanged · 1 without a comparable prior
Oct 7, 2026–Nov 5, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Nov 9, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Review earnings4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.