HTZ - Hertz Global Holdings, Inc.
Hertz Global Holdings, Inc (NASDAQ:HTZ) stock may finally be showing early signs of stabilization — and billionaire hedge fund investor Philippe Laffont appears to have noticed.
Hedge fund giant Coatue Management , run by billionaire investor Philippe Laffont, dramatically reduced its exposure to Tesla, Inc. (NASDAQ:TSLA) during the first quarter, trimming the position by roughly 96% according to its latest 13F filing.
ESTERO, Fla.--(BUSINESS WIRE)--Memorial Day weekend marks the unofficial start of summer travel season, and a new survey from Hertz shows Americans are doubling down on car travel, with 64% planning a road trip this summer. This resurgence reflects a growing desire to reclaim the road trip as an antidote to modern travel stress, embracing the freedom, flexibility and sense of control that driving brings to summer travel. As the country approaches its 250th anniversary, travelers are choosing ic.
HTZ beats Q1 2026 estimates as revenues rise 10.5% and pricing remains strong, but shares slip after the earnings release.
Hertz Global Holdings, Inc. (HTZ) came out with a quarterly loss of $0.72 per share versus the Zacks Consensus Estimate of a loss of $0.76. This compares to a loss of $1.12 per share a year ago.
The headline numbers for Hertz Global (HTZ) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Hertz Global Holdings Inc (NASDAQ:HTZ) reported financial results for the first quarter Thursday morning that exceeded Wall Street expectations on both the top and bottom lines. Here's what investors need to know.
ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz," "Hertz Global," or the "Company") today reported results for its first quarter 2026. Q1 2026 HIGHLIGHTS Revenue totaled $2.0 billion in the first quarter, up 11% year over year, Hertz's strongest year-over-year revenue growth in three years, driven by continued progress in its commercial strategies. Year-over-year Revenue per Unit (RPU) and Revenue Per Day (RPD) metrics continued improving sequentially, with RPD.
Hertz Car Sales is teaming with eBay to expand its digital retail footprint. The collaboration, announced by the auto rental giant Wednesday (May 6), involves the launch of a dedicated Hertz showroom on eBay's platform, bringing upwards of 8,000 “Hertz Certified” vehicle listings to the eCommerce seller's automotive marketplace.
ESTERO, Fla.--(BUSINESS WIRE)--Hertz Car Sales today announced the latest strategic expansion of its digital retail presence with eBay, bringing thousands of Hertz Certified, near-new vehicles to one of the world's largest online automotive marketplaces. Through a dedicated Hertz Car Sales showroom, shoppers on eBay will have access to more than 8,000 vehicle listings, enjoying greater confidence, convenience, and value backed by a trusted brand. Hertz Car Sales offers the largest selection of.
Hertz plans to expand beyond its car rental business and serve “the next era of mobility” with a new affiliated operating company that will provide fleet management solutions for autonomous robotaxi and driver-led rideshare fleets. The new company, Oro Mobility, said in a Thursday (April 30) press release that its first major partner is Uber.
ESTERO, Fla.--(BUSINESS WIRE)--As the nation looks ahead to its 250th anniversary and observes Military Appreciation Month, Hertz and The Home Depot are coming together to honor military heroes with a nationwide initiative designed to support their everyday needs with reliable transportation, special travel benefits and meaningful upgrades at home. Now throughout May, Hertz and The Home Depot are hosting a nationwide contest to shine a spotlight on deserving active-duty service members, veteran.
Shares of Hertz (NASDAQ:HTZ) are up 13% on Thursday at roughly $6.35, while Avis Budget Group (NASDAQ:CAR | CAR Price Prediction) stock is only up 2% to around $184.50.
Hertz said it will support Uber Technologies' efforts to launch robotaxi services in California.
Hertz Global (NYSE:HTZ) shares jumped 22% to a three-month high on Thursday after the company unveiled a new fleet management subsidiary called Oro Mobility and named Uber Technologies as its first major partner in a push into autonomous robotaxi and driver-led rideshare operations. The two companies have formed a pair of strategic fleet partnerships designed to advance Uber's autonomous robotaxi operations as well as its driver-led rideshare services.
Northcoast upgraded Hertz (NASDAQ:HTZ) stock to Neutral from Sell, keeping the price target unchanged at $5.
Uber's forthcoming luxury robotaxi service with Lucid Motors and Nuro is getting a fourth partner: Hertz.
Hertz (NASDAQ: HTZ) is ripping higher on Thursday morning after announcing an expanded multi-year agreement with Uber Technologies (NASDAQ: UBER). The core this deal involves HTZ's subsidiary, Oro Mobility, becoming a primary fleet management partner for UBER's autonomous robotaxi program.
Hertz Global (HTZ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Hertz Global (NYSE:HTZ) shares jumped 22% to a three-month high on Thursday after the company unveiled a new fleet management subsidiary called Oro Mobility...