Citizens Financial Group has maintained its Market Outperform rating on U-Haul Holding Co. shares, leaving the price target unchanged at $90.00. The firm’s long-term valuation framework suggests potential upside to $140 or higher, based on a sum-of-the-parts analysis.
U-Haul’s stock, trading at $68.76, has delivered a 36% year-to-date return and a 35.7% gain over the past six months. First-quarter 2026 adjusted earnings reached $0.63 per share, exceeding Wall Street’s $0.60 estimate, while revenue totaled $1.68 billion, slightly above the $1.66 billion consensus.
Analyst Jeff Kauffman noted that U-Haul’s annual investor day provided few surprises, with end markets stabilizing and showing early signs of improvement. Management has continued to moderate capital expenditures while expanding its network, aiming to enhance utilization through new dealership additions and improved efficiency in its self-storage operations.
Despite facing higher operating costs and a year-over-year decline in profitability, U-Haul’s ability to surpass key financial expectations underscored its resilience in a challenging operating environment.
