Hertz Global Holdings Share Price Today

Hertz Global Holdings Q3 2026 Results: Revenue up 6% to $2.6 billion

Hertz Global Holdings reported Q3 2026 total revenues of $2,617 million, up approximately 6% year over year, the company's best quarterly revenue in three years. Adjusted Corporate EBITDA rose 15% to $233 million, with an Adjusted Corporate EBITDA margin of 9%, also a three-year high. GAAP net income declined 37% to $116 million, while Adjusted net income grew 26% to $67 million. Total RPD increased approximately 5% to $64.06 and RPU per month rose approximately 5% to $1,639, marking the third consecutive quarter of sequential improvement. Oro Mobility secured an $80 million strategic equity investment, with Hertz retaining majority economic ownership and serving as fleet and corporate services partner.

Hertz shares up 13% as Oro Mobility secures $80 million equity investment

Hertz Global Holdings shares rose 13.05% to $2.08 following the announcement. Subsidiary Oro Mobility secured an $80 million strategic equity investment. Investors include Cohen Private Ventures, Certares Opportunities, and Knighthead Capital. Capital will expand Oro's 45,000-vehicle fleet and technology capabilities. Hertz retains majority economic ownership while supporting Oro as a partner.

Morgan Stanley lowers Hertz price target to $2.5, keeps equal-weight

Morgan Stanley lowers Hertz Global Holdings price target from $3 to $2.5. Analyst Adam Jonas maintains Equal-Weight rating on the stock.

Hertz Global Holdings shares rise 2.5% ahead of Nov 5 earnings

Shares rose 2.52% to $2.11 in after-hours trading on Tuesday. Q3 2026 results scheduled for release on November 5 at 8:00 am ET. Q2 revenue of $2.40 billion beat analyst estimates by 5.14%. Stock remains near 52-week lows despite 15.08% regular session gain.

Hertz engages PJT Partners to extend debt as maturities loom

Hertz Global Holdings hired PJT Partners as financial advisor. The mandate focuses on extending existing debt maturities. The move addresses looming liability deadlines.

Hertz stockholders urged to act before Sept 22 lead plaintiff deadline

Deadline to seek lead plaintiff appointment in Hertz Global Holdings (NASDAQ: HTZ) securities class action is September 22, 2026. Complaint alleges Hertz misrepresented liquidity sufficiency and characterized recurring used-car market softness as transitory. Stock fell 40.71% to $3.00 on June 24, 2026, following announcement of $300 million dilutive capital raise and reduced EBITDA guidance. Class period covers purchases between May 7, 2026, and June 23, 2026; representation is on contingency fee basis.