Hertz

HTZ

Market cap $1.61B

Traders like heavily shorted stocks for two main reasons: either to bet on a decline in the company's value, or to profit from a short squeeze.

Tesla is getting into the rental car market.

Hertz Global Holdings, Inc. is at a turning point, showing operational recovery and profitability but facing high expectations after a sharp stock rally. HTZ's strategy focuses on asset management, maximizing fleet utilization, and expanding direct-to-consumer car sales for higher margins and efficiency. Despite strong cash flow and low price-to-sales ratios, HTZ's high EV/EBITDA and weak growth metrics highlight ongoing transition risks.

On this episode of Stock Movers with Lisa Mateo: - Palantir Technologies (PLTR) shares fall as much as 6.1% in premarket trading on Tuesday, taking a breather after rallying more than 170% this year. The data-analysis software company raised its full-year forecast and reported third-quarter results that beat expectations.

Hertz Global Holdings has reported its first quarterly profit in more than two years, marking a major turnaround for the rental car company as it benefits from cost controls, a newer vehicle fleet, and rising car sales. Shares of Hertz surged more than 38.26% to $6.

When billionaire Bill Ackman quietly built a $104 million position in Hertz Global Holdings Inc. (NASDAQ:HTZ) this summer, few noticed. It was a small 0.76% slice of Pershing Square Capital's portfolio — easy to miss next to his billion-dollar stakes in Chipotle Mexican Grill Inc (NYSE:CMG) and Hilton Hotels Corp (NYSE:HLT).

Shares of Hertz Global Holdings, Inc. (NASDAQ:HTZ) blasted 40% higher Tuesday in an apparent short-squeeze following the company's Q3 earnings release.

Hertz Global Holdings, Inc. ( HTZ ) Q3 2025 Earnings Call November 4, 2025 9:00 AM EST Company Participants Johann Rawlinson - Vice President of Investor Relations Wayne West - CEO & Director Sandeep Dube - Executive VP, Chief Commercial Officer & Director Scott Haralson - Executive VP & CFO Conference Call Participants Chris Woronka - Deutsche Bank AG, Research Division Christopher Stathoulopoulos - Susquehanna Financial Group, LLLP, Research Division Ian Zaffino - Oppenheimer & Co. Inc., Research Division Stephanie Benjamin Moore - Jefferies LLC, Research Division Dan Levy - Barclays Bank PLC, Research Division Presentation Operator Welcome to Hertz Global Holdings Third Quarter 2025 Earnings Call. [Operator Instructions] I would like to remind you that this morning's call is being recorded by the company.

While the top- and bottom-line numbers for Hertz Global (HTZ) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

The rental car company sees improvement across several key metrics in the third quarter.