Hertz

HTZ

Market cap $1.65B

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) Q1 2026 Earnings Call Transcript

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.