Custom Truck One Source (CTOS) Posted Record Q2 Results, Is It Still Below Fair Value?
Custom Truck One Source (CTOS) reported record Q2 revenue and Adjusted EBITDA, and raised full-year guidance for 2026. Despite a recent short-term share price dip, the stock has shown strong longer-term momentum. Analysts currently view CTOS as undervalued at $9.22, with a fair value target of $13.33, though its high P/E ratio compared to the industry raises questions about its current market valuation.
Custom Truck One Source Q2FY26 Results: Revenue up 10% to $563 million, EBITDA up 25%
Custom Truck One Source (CTOS) reported record second-quarter revenue of $563 million, a 10% year-over-year increase, and Adjusted EBITDA of $117 million, up 25%. The company also raised its full-year 2026 guidance, projecting revenue between $2.1 billion and $2.2 billion and Adjusted EBITDA between $437.5 million and $455 million, driven by strong performance in its Specialty Equipment Rentals segment and robust demand in transmission and distribution markets. Net leverage improved to 3.85x, and the company expects continued growth due to a "once-in-a-generation" transmission demand super cycle.
Transcript: Custom Truck One Source Q2 2026 Earnings Conference Call
Custom Truck One Source (NYSE: CTOS) reported record Q2 2026 revenue of $563 million and Adjusted EBITDA of $117 million, up 10% and 25% year-over-year respectively, driven by strong demand in the transmission and distribution (T&D) markets. The company raised its full-year 2026 guidance, expecting consolidated revenue between $2.1 to $2.2 billion and Adjusted EBITDA of $437.5 to $455 million, attributing success to a "once-in-a-generation transmission-demand super cycle" and strong execution. CTOS also addressed EPA 2027 NOx emission regulations, stating they are well-positioned to navigate the changes through inventory and OEM relationships.
Understanding Momentum Shifts in (CTOS)
The article analyzes Custom Truck One Source Inc. (CTOS), highlighting a near-term neutral sentiment amidst mid and long-term strength. It identifies a mid-channel oscillation pattern and presents three AI-generated trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop-loss levels. The analysis emphasizes risk management and provides multi-timeframe signal data for support and resistance levels.
Custom Truck One Source, Terex, Xylem, Onterris, and Oshkosh Shares Plummet, What You Need To Know
Shares of Custom Truck One Source, Terex, Xylem, Onterris, and Oshkosh all declined following a jump in the 10-year Treasury yield to 5.14%, a level not seen since 2007, which increases borrowing costs and makes stocks less attractive. Rebounding energy prices also contributed to the market downturn. The article suggests that such significant price drops can present buying opportunities for high-quality stocks.
Custom Truck One Source, Terex, Xylem, Onterris, and Oshkosh Shares Plummet, What You Need To Know
Shares of Custom Truck One Source, Terex, Xylem, Onterris, and Oshkosh all fell due to a jump in the 10-year Treasury yield to 5.14%, a level not seen since 2007, which increases borrowing costs and makes stocks less attractive. Rebounding energy prices also contributed to the market decline. The article highlights that while such drops can present buying opportunities for quality stocks, Oshkosh's recent performance also showed volatility and lowered guidance.
Custom Truck One Source, Inc. (NYSE:CTOS) Given Consensus Rating of "Moderate Buy" by Analysts
Custom Truck One Source, Inc. (NYSE:CTOS) has received a consensus "Moderate Buy" rating from analysts, with an average 12-month price target of $12.00, exceeding its current share price of $9.11. The company recently surpassed quarterly expectations, reporting $0.05 EPS and $563.45 million in revenue. Institutional investors hold a significant 90.07% stake in the stock.
(CTOS) as a Liquidity Pulse for Institutional Tactics
This article analyzes Custom Truck One Source Inc. (NASDAQ: CTOS) using AI models to provide insights for institutional trading strategies. It highlights weak near and mid-term sentiment, despite a strong long-term outlook, and details specific position, momentum breakout, and risk hedging strategies with entry zones, targets, and stop losses. The analysis also includes multi-timeframe signal strengths and support/resistance levels.
D.A. Davidson reiterates Custom Truck One Source stock rating on bullish outlook
D.A. Davidson reiterated a Buy rating and $13.00 price target for Custom Truck One Source (NYSE:CTOS) after virtual meetings with management indicated a more bullish outlook for the company. Despite a recent 25% decline, the stock is up 53% year-to-date, and management expressed increased confidence in deleveraging and improving returns. This positive sentiment follows Custom Truck One Source's record-breaking revenue and earnings in Q2 2026, surpassing Wall Street expectations.
D.A. Davidson reiterates Custom Truck One Source stock rating on bullish outlook
D.A. Davidson reaffirmed a Buy rating and a $13.00 price target for Custom Truck One Source (NYSE: CTOS) after virtual meetings with company management indicated a more bullish outlook. Despite a recent 25% decline, the stock is up 53% year-to-date, and management expressed increased confidence in deleveraging and improving returns. The firm's positive stance is also supported by Custom Truck One Source's record-breaking Q2 2026 revenue and earnings, which surpassed Wall Street expectations.
Bank of New York Mellon Corp Takes $1.84 Million Position in Custom Truck One Source, Inc. $CTOS
Bank of New York Mellon Corp has acquired a new stake of 155,990 shares in Custom Truck One Source, Inc. (NYSE:CTOS), valued at approximately $1.84 million. This investment makes Bank of New York Mellon Corp an owner of about 0.07% of the company, with institutional investors and hedge funds collectively owning roughly 90.07% of CTOS. Custom Truck One Source recently exceeded quarterly earnings and revenue expectations, and analysts maintain a "Moderate Buy" consensus with an average price target of $11.36.
(CTOS) Risk Channels and Responsive Allocation
This article analyzes Custom Truck One Source Inc. (NASDAQ: CTOS), highlighting weak near and mid-term sentiment but a strong long-term outlook. It identifies an exceptional 48.0:1 risk-reward setup, targeting a 15.9% gain against 0.3% risk. The article outlines specific trading strategies for different risk profiles, including position trading, momentum breakout, and risk hedging, based on AI-generated signals and multi-timeframe analysis.
Here's Why Custom Truck One Source (CTOS) is Poised for a Turnaround After Losing 19.5% in 4 Weeks
Custom Truck One Source (CTOS) has experienced a significant stock price drop of 19.5% in the last four weeks, but analysts believe it is due for a turnaround. This optimism is based on the stock reaching oversold territory, indicated by its Relative Strength Index (RSI) of 29.16, and a strong consensus among analysts for increased earnings estimates. Furthermore, CTOS holds a Zacks Rank #1 (Strong Buy), signaling its potential for a near-term rebound.
Responsive Playbooks and the CTOS Inflection
This article analyzes Custom Truck One Source Inc. (NASDAQ: CTOS), highlighting weak near and mid-term sentiment despite a positive long-term outlook. It presents AI-generated trading strategies including position trading, momentum breakout, and risk hedging, with specific entry, target, and stop-loss levels. The analysis emphasizes a strong risk-reward setup, targeting a 15.9% gain against a 0.3% risk.
Custom Truck One Source, Inc. (NYSE:CTOS) Receives Average Recommendation of "Moderate Buy" from Brokerages
Custom Truck One Source, Inc. (NYSE:CTOS) has received an average "Moderate Buy" recommendation from eight brokerage firms, with an average 12-month price target of $11.36. The company recently exceeded quarterly earnings expectations, reporting $0.05 EPS against an estimated $0.01 and revenue of $563.45 million, a 10.2% increase year-over-year. Institutional investors hold approximately 90.07% of the shares, and the company has a market capitalization of $2.23 billion.
Analysts Are Bullish on Top Industrial Goods Stocks: Custom Truck One Source (CTOS), Rocket Lab USA (RKLB)
Analysts are showing bullish sentiment towards several industrial goods stocks, with Cantor Fitzgerald reiterating Buy ratings for Custom Truck One Source (CTOS) and Rocket Lab USA (RKLB). Custom Truck One Source received a price target of $14.00, suggesting a 27.0% upside, while Rocket Lab USA was given a $122.00 price target, implying a significant 39.4% upside. QXO Inc also maintained a Strong Buy consensus with a target of $30.50, indicating a substantial 99.3% upside.
Q2 Earnings Roundup: Custom Truck One Source (NYSE:CTOS) And The Rest Of The Specialty Equipment Distributors Segment
This article provides a Q2 earnings roundup for Custom Truck One Source (NYSE:CTOS) and other specialty equipment distributors. It highlights strong Q2 performance across the sector, with revenues beating estimates by 5.1%, and details individual company results, including top performers like Richardson Electronics and weaker performers such as SiteOne. The article also touches on broader market themes, such as the evolving primary risks to the market.
How Much Upside is Left in Custom Truck One Source (CTOS)? Wall Street Analysts Think 25.07%
Wall Street analysts project a potential upside of 25.07% for Custom Truck One Source (CTOS) based on an average price target of $13.17. Despite general skepticism about price targets, strong agreement among analysts on upward earnings estimate revisions for CTOS, coupled with a Zacks Rank #1 (Strong Buy), suggests a positive outlook for the stock's near-term performance. Investors are advised to consider earnings estimate trends as a more reliable indicator than price targets alone.
Cantor Fitzgerald Increases Custom Truck One Source (NYSE:CTOS) Price Target to $14.00
Cantor Fitzgerald has raised its price target for Custom Truck One Source (NYSE:CTOS) from $13.00 to $14.00, maintaining an "overweight" rating and suggesting a potential upside of 33.04%. This positive sentiment follows the company's strong Q2 earnings report, where it surpassed analyst expectations with an EPS of $0.05 and revenue of $563.45 million, representing a 10.2% year-over-year growth. The stock currently holds a "Moderate Buy" consensus rating among analysts, with an average target price of $11.36.
Custom Truck One Source (CTOS) Is Down 7.2% After Raising 2026 Revenue Outlook And Returning To Profitability – Has The Bull Case Changed?
Custom Truck One Source (CTOS) reported strong Q2 2026 results, returning to profitability and raising its full-year 2026 revenue guidance to US$2.10 billion to US$2.20 billion. Despite this positive outlook, the stock dropped 7.2%, prompting a reevaluation of its investment narrative. While the increased guidance supports near-term growth, investors remain cautious about high net leverage and potential margin pressure from softening demand.
Custom Truck One Source (CTOS) Is Down 7.2% After Raising 2026 Revenue Outlook And Returning To Profitability – Has The Bull Case Changed?
Custom Truck One Source (CTOS) reported strong Q2 2026 results, returning to profitability and raising its full-year 2026 revenue guidance to US$2.10 billion to US$2.20 billion. Despite this positive financial outlook and projected high single-digit Q3 revenue growth, the stock is down 7.2%, indicating investor concern over high net leverage and potential margin pressure from market softening. The updated guidance strengthens the near-term revenue story but highlights ongoing risks that investors must weigh against the company's long-term growth projections.
Custom Truck One Source (CTOS) Is Down 7.2% After Raising 2026 Revenue Outlook And Returning To Profitability – Has The Bull Case Changed?
Custom Truck One Source (CTOS) reported strong Q2 2026 results, returning to profitability and raising its full-year 2026 revenue guidance to US$2.10 billion to US$2.20 billion. Despite this positive outlook and projected high single-digit Q3 revenue growth, the stock experienced a 7.2% drop. The article discusses whether these financial improvements adequately address ongoing concerns about the company's high net leverage and potential margin pressure.
Sapient Capital LLC Sells 95,820 Shares of Custom Truck One Source, Inc. $CTOS
Sapient Capital LLC reduced its stake in Custom Truck One Source, Inc. (NYSE:CTOS) by 75% in the second quarter, selling 95,820 shares and retaining 31,940 shares worth $377,000. Despite the sale, Custom Truck One Source reported strong quarterly earnings, beating analyst estimates with $0.05 EPS and a 10.2% revenue increase. Analysts maintain a "Moderate Buy" rating for the stock, with a consensus target price of $11.21.
Custom Truck One Source, Inc. $CTOS is Canvas Wealth Advisors LLC's Largest Position
Canvas Wealth Advisors LLC has reduced its stake in Custom Truck One Source (CTOS) by 14.8%, yet it remains the firm's largest holding, comprising 9.9% of its portfolio. Institutional ownership of CTOS is high at 90.07%, with several major funds increasing their positions. The company recently exceeded analyst expectations with its quarterly earnings, reporting $0.05 EPS against an estimated $0.01 and a 10.2% rise in revenue.
Custom Truck One Source (CTOS) Returned To Profit And Raised Guidance, Is It Still Undervalued?
Custom Truck One Source (CTOS) has returned to profitability in Q2 2026, leading to raised full-year guidance and significant stock price momentum, with an 83.45% year-to-date return. While analysts peg its fair value at $11.50, suggesting it's undervalued, its high P/E ratio of 113x compared to the industry average raises questions about valuation risk. The company benefits from strong demand for electricity grid modernization, but elevated leverage and potential margin pressure remain concerns.
Zacks.com featured highlights include Superior Group of Companies, AMC Global Media and Custom Truck One Source
This article highlights three potential breakout stocks for August: Superior Group of Companies (SGC), AMC Global Media (AMCX), and Custom Truck One Source (CTOS). It advises investors to take an active approach to stock selection, identifying companies that are poised to break out from defined trading ranges. The strategy involves buying when a stock moves above resistance and selling if it falls below support, emphasizing that identifying genuine breakouts can lead to significant returns.
Zacks.com featured highlights include Superior Group of Companies, AMC Global Media and Custom Truck One Source
Zacks.com highlights three potential breakout stocks for August: Superior Group of Companies (SGC), AMC Global Media (AMCX), and Custom Truck One Source (CTOS). Despite August often being a volatile month, these companies are identified using a strategy of tracking support and resistance levels to capitalize on strengthening momentum. All three stocks have strong Zacks Ranks and positive expected earnings growth rates for the current year.
Custom Truck One Source, Inc. Reports Second Quarter 2026 Results and Increases Full Year 2026 Revenue and Adjusted EBITDA Guidance
Custom Truck One Source, Inc. (CTOS) reported record second-quarter 2026 results, with revenue up 10% and Adjusted EBITDA up 25% year-over-year. Driven by strong performance in its Specialty Equipment Rentals (SER) and Specialty Truck Equipment and Manufacturing (STEM) segments, the company increased its full-year 2026 revenue guidance to $2.1 billion - $2.2 billion and Adjusted EBITDA guidance to $437.5 million - $455 million. CTOS also reduced its net leverage ratio to 3.85x and expects to exceed $50 million in levered free cash flow for 2026.
Results: Custom Truck One Source, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Custom Truck One Source, Inc. (NYSE:CTOS) exceeded analyst expectations in its latest quarterly report, with revenues of US$563m and EPS of US$0.05, significantly beating forecasts. Following these strong results, analysts have increased their revenue and earnings per share forecasts for 2026, leading to a 10% increase in the average price target to US$12.67. The company's projected revenue growth of 9.6% annually until 2026 is expected to outpace the wider industry, despite a slowdown compared to its historical performance.
Are Auto-Tires-Trucks Stocks Lagging Custom Truck One Source (CTOS) This Year?
Custom Truck One Source (CTOS) has significantly outperformed the Auto-Tires-Trucks sector this year, with a 91.5% gain compared to the sector's average loss of 17.5%. The company holds a Zacks Rank of #1 (Strong Buy) due to improving analyst sentiment and earnings outlook. Dorman Products (DORM) is another stock in the sector showing outperformance.
Does Custom Truck One Source’s Return To Profitability And Higher Guidance Reshape The Bull Case For CTOS?
Custom Truck One Source (CTOS) reported a return to profitability in Q2 2026, with sales of US$145.06 million and revenue of US$563.45 million, and raised its full-year revenue guidance to US$2.10 billion to US$2.20 billion. This improved financial performance strengthens the investment narrative, though the company's high leverage and exposure to cyclical markets remain factors for investors to consider. Analysts' optimistic projections for 2029 suggest a potential 8% upside to its current price, driven by expectations of stronger demand and healthier margins.
Custom Truck One Source posts $10.4M profit as it preps $42M KC expansion
Custom Truck One Source reported a $10.4 million profit as it prepares for a $42 million expansion in Kansas City. This expansion will lead to the creation of 200 new jobs. CEO Ryan McMonagle shared details about the manufacturing expansion plans.
Custom Truck One Source Raises 2026 Outlook After Record Q2
Custom Truck One Source (CTOS) reported record Q2 2026 revenue of $563.4 million, a 10.2% year-over-year increase, and significantly improved net income and adjusted EBITDA. The company raised its full-year 2026 revenue and adjusted EBITDA guidance, citing strong market performance and secular tailwinds. Analysts currently rate CTOS as a "Buy" with a $13.00 price target, though TipRanks’ AI Analyst, Spark, notes concerns about leverage and negative free cash flow against improving operational momentum.
Custom Truck One Source Inc (CTOS) (Q2 2026) Earnings Call Highlights: Record Revenue and ...
Custom Truck One Source Inc (CTOS) reported record revenue of $563 million in Q2 2026, a 10% increase year-over-year, and raised its full-year guidance for 2026. The company experienced strong performance in its Specialty Equipment Rentals (SER) and Specialty Truck Equipment and Manufacturing (STEM) segments, with improved net leverage. However, STEM gross margins were slightly lower, and new sales order backlog decreased sequentially, though intra-quarter order flow remains strong.
Custom Truck One Source Q2 Earnings Call Highlights
Custom Truck One Source (CTOS) reported record second-quarter revenue of $563 million and raised its full-year outlook, driven by strong demand in transmission and distribution markets and improved rental utilization. The company's Specialty Equipment Rentals (SER) segment saw a 20% revenue increase, with fleet utilization rising to 81.6%. CTOS also raised its 2026 consolidated revenue outlook to $2.1 billion-$2.2 billion and adjusted EBITDA guidance to $437.5 million-$455 million, while aiming to reduce net leverage.
CUSTOM TRUCK ONE SOURCE, INC. : OPPENHEIMER RAISES TARGET PRICE TO $13 FROM $11
Oppenheimer has increased its target price for Custom Truck One Source, Inc. (CTOS.N) from $11 to $13. This adjustment suggests a positive outlook from the financial institution regarding the company's future performance. The news was reported by Reuters.
Custom Truck One Source (NYSE:CTOS) Price Target Raised to $12.00 at Robert W. Baird
Robert W. Baird has increased its price target for Custom Truck One Source (NYSE:CTOS) from $10.00 to $12.00, maintaining a "neutral" rating on the stock. This adjustment suggests a potential upside of 13.16% from the stock's previous close. The company recently reported strong Q2 results, exceeding analyst expectations with $0.05 EPS and $563.45 million in revenue, leading to a raised full-year guidance.
Custom Truck One Source, Inc. Stock 12‑Month Price Target Raised to $11.83, Implies 11% Upside
Custom Truck One Source, Inc. (CTOS) has seen its average 12-month price target raised to $11.83 by 6 analysts, up from $11.5, with individual forecasts ranging from $11 to $13. This new target suggests an 11% potential upside from its closing price on August 3. The consensus rating for CTOS stock remains a "Buy," based on the recommendations of the covering analysts.
Custom Truck One Source Inc (CTOS) (Q2 2026) Earnings Call Highlights: Record Revenue and ...
Custom Truck One Source Inc (CTOS) reported record Q2 2026 revenue of $563 million and adjusted EBITDA of $117 million, driven by strong performance in both its Specialty Equipment Rentals (SER) and Specialty Truck Equipment and Manufacturing (STEM) segments. The company raised its full-year 2026 guidance, expecting consolidated revenue of $2.1-$2.2 billion and adjusted EBITDA of $437.5-$455 million, while also making progress on deleveraging. However, STEM gross margins were slightly lower due to increased national account sales, and Q3 revenue and EBITDA are expected to be modestly below Q2 due to timing shifts.
Custom Truck One Source Q2 Earnings Call Highlights
Custom Truck One Source (CTOS) reported record second-quarter revenue of $563 million and raised its full-year outlook, driven by strong demand in transmission and distribution markets, improved rental utilization, and record equipment sales. The company saw significant growth in its Specialty Equipment Rentals (SER) segment, with adjusted EBITDA up 26%, and the Specialty Truck Equipment and Manufacturing (STEM) segment also posted record third-party revenue. CTOS increased its 2026 consolidated revenue outlook to $2.1 billion-$2.2 billion and adjusted EBITDA guidance to $437.5 million-$455 million, while also prioritizing free cash flow and reducing net leverage.
Does Custom Truck One Source’s Return To Profitability And Higher Guidance Reshape The Bull Case For CTOS?
Custom Truck One Source (CTOS) reported a return to profitability in Q2 2026 with a net income of US$10.4 million and raised its full-year revenue guidance to between US$2.10 billion and US$2.20 billion. This improved outlook supports the investment narrative, despite existing concerns about high leverage and cyclical end markets. The company's narrative projects significant revenue and earnings growth by 2029, suggesting an 8% upside to its current price.
Custom Truck One Source (NYSE:CTOS) Reaches New 52-Week High on Earnings Beat
Custom Truck One Source (CTOS) shares hit a new 52-week high after exceeding quarterly revenue and EPS estimates. The company reported record revenue of $563.45 million and EPS of $0.05, driven by strong demand and increased guidance for 2026. Despite positive sentiment and an analyst target increase by Robert W. Baird, concerns remain regarding negative margins, return on equity, and a high debt-to-equity ratio.
Custom Truck One Source Reports Q2 2026 Results: Full Earnings Call Transcript
Custom Truck One Source (CTOS) reported strong Q2 2026 results with record revenue of $563 million and adjusted EBITDA of $117 million, representing 10% and 25% year-over-year growth, respectively. The company raised its full-year 2026 guidance, projecting consolidated revenue between $2.1 to $2.2 billion and adjusted EBITDA between $437.5 to $455 million, driven by robust demand in the transmission and distribution markets. Management expressed confidence in future growth, highlighting continued investment in its rental fleet and efforts to reduce net leverage.
(CTOS) Custom Truck One Source Expects 2026 Revenue Range $2.10 billion - $2.20 billion, vs. FactSet Est of $2.05 Billion
Custom Truck One Source (CTOS) anticipates its 2026 revenue to fall between $2.10 billion and $2.20 billion, surpassing the FactSet estimate of $2.05 billion. This news comes alongside several positive announcements for the company, including swinging to a Q2 profit, increased revenue, and higher earnings guidance for the full year 2026. The company's stock also saw gains after these announcements, and it was added to several Russell growth benchmarks.
Custom Truck One Source (NYSE: CTOS) lifts 2026 outlook after record Q2 results
Custom Truck One Source (NYSE: CTOS) reported record second-quarter 2026 results, with revenue up 10.2% year-over-year to $563.4 million and Adjusted EBITDA increasing by 25.0% to $116.8 million. Driven by strong performance in both its Specialty Equipment Rentals (SER) and Specialty Truck Equipment & Manufacturing (STEM) segments, the company raised its full-year 2026 guidance, now targeting revenue of $2.1–$2.2 billion and Adjusted EBITDA of $437.5–$455 million. CTOS also improved its net leverage ratio to 3.85x and expects levered free cash flow to exceed $50 million for 2026.
Custom Truck One Source, Inc. 2026: Revenue $563.45M, EPS $0.05— 10-Q Summary
Custom Truck One Source, Inc. (CTOS) reported significant financial improvements for the 2026 period, with revenue increasing to $563.45 million and a return to profitability, achieving a net income of $10.4 million and diluted EPS of $0.05. This positive shift was driven by stronger new equipment sales, a 19% rise in rental revenue, and improved fleet performance. The company also reorganized into two new segments, SER and STEM, to optimize for rental and manufacturing economics.
Custom Truck One Source, Inc. Reports Second Quarter 2026 Results and Increases Full Year 2026 Revenue and Adjusted EBITDA Guidance
Custom Truck One Source, Inc. (CTOS) announced strong second-quarter 2026 financial results, including record revenue of $563.4 million and a 25% increase in Adjusted EBITDA to $116.8 million. Driven by robust performance in its T&D markets, the company raised its full-year 2026 revenue guidance to $2.1 billion - $2.2 billion and Adjusted EBITDA guidance to $437.5 million - $455 million. CTOS also significantly reduced its net leverage ratio to 3.85x, highlighting its focus on profitability, cash generation, and balance sheet improvement.
Custom Truck One Source (NYSE:CTOS) Posts Earnings Results, Beats Estimates By $0.04 EPS
Custom Truck One Source (NYSE:CTOS) reported its quarterly earnings, beating analyst estimates with an EPS of $0.05 against an expected $0.01, and revenue of $563.45 million against $509.76 million. Despite weak profitability metrics like a negative net margin of 0.88% and negative return on equity of 2.18%, the stock rose to $10.60. The company maintains a "Hold" consensus rating from analysts, with an average price target of $10.14.
Custom Truck One Source rental fleet utilization rises to 81.6%
Custom Truck One Source (CTOS) reported strong second-quarter 2026 financial results, with revenue up 10.2% and Adjusted EBITDA increasing by 25.0% year-over-year. The company raised its full-year 2026 revenue and Adjusted EBITDA guidance, driven by robust performance in its specialty equipment rental segment and high rental fleet utilization of 81.6%. CTOS also made significant progress in reducing its net leverage ratio, aiming for further reductions in the coming years.
Custom Truck One Source, Inc. (CTOS) Beats Q2 Earnings and Revenue Estimates
Custom Truck One Source, Inc. (CTOS) reported Q2 earnings of $0.05 per share, significantly surpassing the Zacks Consensus Estimate of $0.02, and revenues of $563.45 million, beating estimates by 8.05%. The company's stock has seen a 76.2% increase year-to-date, outperforming the S&P 500's 9.4% gain. While its Zacks Rank is currently #3 (Hold), investors are advised to monitor management's commentary and future earnings outlook.
