Added to YB: 2025-04-22
Pitch date: 2025-04-18
HTZ [bullish]
Hertz Global Holdings, Inc.
-29.74%
current return
Author Info
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Company Info
Hertz Global Holdings, Inc. operates as a vehicle rental company. It operates through two segments: Americas RAC and International RAC.
Market Cap
$1.8B
Pitch Price
$7.33
Price Target
30.00 (+483%)
Dividend
N/A
EV/EBITDA
190.33
P/E
-1.69
EV/Sales
2.39
Sector
Ground Transportation
Category
turnaround
Pershing Square’s $HTZ Power Play: Turnaround, Tariffs, and Tech Upside
HTZ: Built 19.8% stake. Industry oligopoly (95% share) improved post-COVID. New mgmt rotating fleet & cutting costs, Tesla exposure nearly resolved. $2B Adj EBITDA est by 2029, $30/sh target at 7.5x. 10% used car price rise = $1.2B gain (50% of mkt cap). Auto tariffs positive, 2025 fleet secured pre-tariff. Speculating on UBER-HTZ AV partnership.
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