Hertz Global Holdings, Inc. (HTZ) Stock Price & Analysis

Hertz Global Holdings, Inc. (HTZ) closed at USD 2.18 on Thursday, October 22, 2026, up 5.31% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 2.07; the Oct 22, 2026 session ranged USD 2.03–2.45 on volume of 49,692,692 shares. Market capitalization is $777.06M, with a 52-week range of USD 1.45–8.18 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:23 UTC.

Also available as compact Markdown for AI agents: nexqual.com/HTZ.md

Key facts (HTZ)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (HTZ)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$7.34B$8.69B$9.37B$9.05B$8.50B$8.91B
Net income$366M$2.06B$616M-$2.86B-$747M-$279M
EPS (diluted)-$0.27$3.36$1.39-$9.34-$2.43—
Net margin5.0%23.7%6.6%-31.6%-8.8%-3.1%
Revenue growth+39.5%+18.4%+7.9%-3.4%-6.0%—
Cash + short-term investments$2.26B$943M$764M$592M$565M—
Total debt$10.9B$13.9B$15.7B———

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (HTZ)

P/S 0.1x · EV/Sales 2.2x · Earnings yield -35.90% · Net debt $18.4B · EV $19.2B

P/E at fiscal year-ends: Dec 2023 5.5x.

Superinvestors (SEC 13F-HR, Q2 2026) (HTZ)

1 of 80 tracked investors hold HTZ. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
Bill AckmanPershing Square0.17%$34.0MNew position

Insider sales (SEC Form 4, open-market, last ~7 months) (HTZ)

0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-05-11Moore Michael S.EVP, Chief Operating Officer40,919$248K3.5%NoToo little history (no open-market trades in 2023–2025)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (HTZ)

Consensus Sell (mean 3.56 on a 1–5 scale), 9 analysts; mean target USD 2.13 (low 1, high 2.8).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-15Morgan StanleyTarget loweredEqual-Weight$3 → $2.5
2026-09-11Morgan StanleyTarget loweredEqual-Weight$3.5 → $3
2026-08-10SusquehannaTarget loweredNeutral$5.5 → $2.5
2026-07-28BarclaysTarget loweredUnderweight$3 → $1
2026-07-24Goldman SachsTarget loweredSell$3 → $2
2026-06-30Morgan StanleyTarget loweredEqual-Weight$5 → $3.5

Total return (dividends reinvested) (HTZ)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return-58.0%-91.2%
S&P 500 (SPY)+14.9%+80.3%
Per year-58.1%-38.4%
Volatility (annualized)101.6%80.8%
Max drawdown-80.7% (Apr 2026→Aug 2026)-95.4% (Nov 2021→Jul 2026)

HTZ revenue by business segment (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Americas RAC$1.92B80.1%+10.4%
International RAC$478.0M19.9%+6.9%
Total revenue$2.40B100%—

HTZ revenue by region (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
U.S.$1.84B76.6%+11.1%
International$560.0M23.4%+5.3%
Total revenue$2.40B100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

HTZ suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
CustomerAmazon (AMZN)“We have also launched Hertz Car Sales nationwide on Amazon Autos further allowing us to meet customers where they are with a faster, more convenient car buying experience on one of the leading digital marketplaces.”
PartnerHERC HOLDINGS INC (HRI)“In connection with the separation of the car rental business in 2016, the Company executed an agreement with Herc Holdings Inc. that contains mutual indemnification clauses and a customary indemnification provision with respect to liability arising out of, or resulting”

Quoted from the company's 10-K filed Feb 26, 2026.

HTZ company outlook (results filed Aug 6, 2026)

Quoted word-for-word from the SEC 8-K results press release.

HTZ analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$0.25$0.44-43.0%$2.62B8
Next quarter (ends Dec 2026)$-0.27$-0.28-2.6%$2.18B8
Current fiscal year (ends Dec 2026)$-0.81$-0.71+14.6%$9.19B8
Next fiscal year (ends Dec 2027)$-0.14$-0.00+41336.4%$9.55B8

HTZ options: expected move

Options price a move of about ±31.4% (±$0.69) by Nov 6, 2026, which includes earnings on Nov 5, 2026; the earnings reaction alone is priced at about ±11.3%. Over the last 8 reports the stock moved ±15.4% on average.

ExpirationDaysATM implied volatilityExpected move
Oct 30, 20267160.5%±19.2%
Nov 6, 202614170.3%±31.4%
Nov 13, 202621158.2%±29.1%
Nov 20, 202628146.0%±31.4%
Nov 27, 202635141.0%±33.6%
Dec 4, 202642138.3%±35.9%
Dec 18, 202656127.0%±38.5%
Jan 15, 202784118.5%±42.3%

30-day implied volatility 148.5% vs 68.7% realized over the last 30 trading days. Put/call ratio (volume) 0.22. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 09:23 UTC)

PriceUSD 2.18
Change▲ 5.31% (up)
Previous CloseUSD 2.07
OpenUSD 2.03
Day RangeUSD 2.03 – 2.45
52-Week RangeUSD 1.45 – 8.18
Volume49,692,692 shares
Market Cap$777.06M
ExchangeNMS

Technical Analysis (HTZ)

Nexqual's technical model rates HTZ "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 23, 2026 at 09:23 UTC.

Overall SignalBUY
RSI (14)59.95 (neutral)
vs SMA50Above (USD 1.99)
MACD0.01 (positive)

Analyst Ratings (HTZ)

Wall Street analysts rate HTZ "Sell" based on 9 analysts, with a mean price target of USD 2.13 (range USD 1–2.8), per Nexqual as of October 23, 2026 at 09:23 UTC.

Consensus RatingSell
Analyst Count9
Mean TargetUSD 2.13
High TargetUSD 2.8
Low TargetUSD 1
Buy / Hold / Sell0 / 6 / 3

Earnings (HTZ)

Next Earnings Date2026-11-05
EPS EstimateUSD 0.25
Revenue Estimate$2.62B

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD -0.11 vs est -0.25 ▲ beat
2026-03-31USD -0.72 vs est -0.72 ▼ miss
2025-12-31USD -0.63 vs est -0.52 ▼ miss
2025-09-30USD 0.12 vs est 0.07 ▲ beat

Source: Nexqual, October 23, 2026 at 09:23 UTC.

Financials & Fundamentals (HTZ)

Total Revenue$8.91B
Revenue Growth (latest quarter, YoY)+9.70%
Gross Margin+16.32%
Operating Margin+7.14%
Profit Margin-3.13%
Current Ratio0.57
Total Cash$635.00M
Total Debt$21.09B

Source: Nexqual, October 23, 2026 at 09:23 UTC.

Financial Health Score (HTZ)

Nexqual rates Hertz Global Holdings, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:23 UTC.

GrowthWeak — Revenue -6% YoY (annual), declining
ProfitabilityMixed — Gross margin 16%, operating 7% (last 12 months)
Balance SheetMixed — $631M cash and investments vs $19.1B debt (Jun 2026, SEC)
Cash FlowSolid — Operating cash flow $1.63B (FY ended Dec 2025, 10-K)
EfficiencyMixed — No data

Ownership (HTZ)

Insider Ownership+1.29%
Institutional Ownership+105.34%
Shares Outstanding356.45M
Float170.60M
Short % of Float+71.35%

Source: Nexqual, October 23, 2026 at 09:23 UTC.

Leadership (HTZ)

Hertz Global Holdings, Inc. is led by Wayne Gilbert West, CEO & Director, per Nexqual as of October 23, 2026 at 09:23 UTC.

CEO & DirectorWayne Gilbert West
Executive VP & CFOScott M. Haralson
President of Service Division, COO & EVPMichael S. Moore
President of Rental Division, Executive VP & Chief Administrative OfficerChristopher G. Berg
Executive Vice President & Chief Human Resources OfficerJyoti Chopra

Major Backers & Investors (HTZ)

Notable institutional backers of Hertz Global Holdings, Inc. include Knighthead Capital Management, LLC, Jane Street Group, LLC, Pershing Square, according to Nexqual as of October 23, 2026 at 09:23 UTC.

Active Investors

InvestorStake
Knighthead Capital Management, LLC38.39%
Jane Street Group, LLC3.24%
Pershing Square3.17%
UBS Group AG2.89%
Balyasny Asset Management LP1.38%
Ghisallo Capital Management, LLC1.22%
Federated Hermes MDT Series-Federated Hermes MDT Small Cap Core Fund0.39%

Index Funds (Passive)

FundStake
BlackRock4.29%
Vanguard Group2.51%
State Street1.35%

Source: Nexqual, October 23, 2026 at 09:23 UTC.

From Hertz Global Holdings, Inc.'s Latest SEC 10-K Filing (filed 2026-02-26)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
WLFCWillis Lease Finance CorporatioUSD 40.3▲ 3.04%
PRGPROG Holdings, Inc.USD 31.83▲ 3.85%
LIMENeutron Holdings, Inc.USD 26.83▼ 2.98%
VSTSVestis CorporationUSD 14.55▼ 1.89%
CTOSCustom Truck One Source, Inc.USD 8.87▼ 5.13%
MGRCMcGrath RentCorpUSD 116.81▲ 2.22%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:23 UTC. This page is informational and not investment advice.

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