HyreCar, Inc. (HYREQ) Stock Price & Analysis
Educational signal · not a buy or sell recommendation · How to read this
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gpt-4o-mini, generated Jun 14, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerHyreCar, Inc. (HYREQ) trades at $0.00001. HyreCar Inc. operates a car-sharing marketplace in the U.S., enabling car owners to rent idle vehicles to ride-sharing drivers. The company has faced significant financial challenges, including a bankruptcy filing in 2023. Sector: Industrials.
Price as of · Last analyzed: Jun 14, 2026Analyst Coverage for HYREQ: HYREQ does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.
HyreCar, Inc. (HYREQ) Industrial Operations Profile
HyreCar Inc. is a car-sharing marketplace that connects vehicle owners with ride-sharing drivers, providing a unique solution to vehicle underutilization in the growing gig economy.
What Is the Investment Thesis for HYREQ?
HyreCar Inc. faces significant challenges following its Chapter 7 bankruptcy conversion, which limits immediate growth prospects. The company's business model, which capitalizes on the increasing demand for ride-sharing services, could potentially be revitalized if a restructuring plan is developed. Key value drivers include the growing gig economy, which is projected to expand at a CAGR of 17% through 2027, and the increasing number of consumers seeking flexible transportation options. However, the company's negative profit margin of -46.0% and high debt-to-equity ratio of 62.08 present considerable risks. Investors should monitor any potential restructuring efforts and market developments that could impact HyreCar's operational viability.
Based on FMP financials and quantitative analysis
HYREQ Key Highlights
Market Cap of $0.00B indicating a significant decline in market value due to bankruptcy.
- Profit Margin of -46.0%, reflecting ongoing financial distress and operational challenges.
- Gross Margin of 34.6%, showcasing the potential for profitability if operational issues are resolved.
- ROE of -374.5%, indicating substantial losses relative to shareholder equity.
- Debt-to-Equity ratio of 62.08, highlighting a high level of financial leverage.
Who Are HYREQ's Competitors?
HYREQ is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| CAR Avis Budget Group, Inc. | $111.22 | +4.81% | $3.93B | — |
| UBER Uber Technologies, Inc. | $68.11 | +0.34% | $139B | 72 5-pillar |
| LYFT Lyft, Inc. | $15.73 | +1.74% | $5.97B | 41 5-pillar |
| TAXI Northern Trust Intermediate Tax-Exempt Bond ETF | $49.28 | -0.03% | $7.85M | — |
| TLIH Ten-League International Holdings Limited Ordinary Shares | $5.67 | +3.18% | $16.7M | 75 5-pillar |
| ALTG Alta Equipment Group Inc. | $6.48 | +2.53% | $211M | 36 5-pillar |
| HTZ Hertz Global Holdings, Inc. | $1.76 | +1.73% | $556M | — |
| WLFC Willis Lease Finance Corporation | $45.67 | -4.46% | $966M | 52 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are HYREQ's Key Strengths?
Innovative car-sharing marketplace model.
- Established presence in the U.S. market since 2014.
- Diverse vehicle inventory from multiple sources.
- Ability to adapt to changing consumer preferences.
What Are HYREQ's Weaknesses?
Recent bankruptcy filing indicating financial instability.
- Negative profit margins reflecting operational challenges.
- High debt-to-equity ratio indicating financial leverage risks.
- Limited brand recognition compared to larger competitors.
What Are the Key Risks for HYREQ?
Inconsistent delivery — missed Wall Street EPS estimates in 5 of the last 8 reported quarters.
- The company's financial instability following bankruptcy poses significant risks to its operations.
- Increased competition from established ride-sharing and rental companies could hinder growth prospects.
- Regulatory challenges may arise as the car-sharing industry evolves.
What Threats Does HYREQ Face?
- Intense competition from established ride-sharing and rental companies.
- Economic downturns affecting consumer spending on transportation.
- Regulatory changes impacting the car-sharing industry.
- Technological advancements by competitors that could outpace HyreCar.
What Are HYREQ's Competitive Advantages?
- Unique marketplace model that connects vehicle owners with ride-sharing drivers.
- Established brand presence in the car-sharing sector since 2014.
- Diverse inventory sourced from both individual and commercial vehicle owners.
- Potential for partnerships with ride-sharing companies to enhance visibility.
- Ability to adapt to market trends, such as the rise of electric vehicles.
What Does HYREQ Do?
HyreCar Inc., founded in 2014 and headquartered in Los Angeles, California, operates a pioneering car-sharing marketplace in the United States. The company allows car owners to rent their idle vehicles to drivers of ride-sharing services, effectively monetizing underutilized assets. HyreCar sources vehicles from individual owners and commercial entities, including car dealerships and fleet owners, creating a diverse inventory for its platform. Over the years, HyreCar has positioned itself as a key player in the car-sharing sector, leveraging the increasing demand for flexible transportation solutions. However, the company faced significant financial distress, filing for Chapter 11 bankruptcy on February 24, 2023, and subsequently converting to Chapter 7 bankruptcy on August 29, 2023. This transition marks a critical juncture in the company's history, as it navigates the complexities of liquidation and potential restructuring. Despite these challenges, HyreCar's marketplace model remains relevant in the context of the gig economy, where demand for flexible vehicle access continues to grow.
What Products and Services Does HYREQ Offer?
- Operates a car-sharing marketplace connecting vehicle owners with ride-sharing drivers.
- Allows car owners to monetize their idle vehicles by renting them out.
- Sources vehicles from individual owners and commercial entities like dealerships.
- Facilitates flexible transportation solutions for drivers in the gig economy.
- Provides a platform for vehicle owners to list their cars for rent.
- Offers a diverse inventory of vehicles to meet varying driver needs.
How Does HYREQ Make Money?
- Generates revenue through transaction fees from rentals facilitated on the platform.
- Charges vehicle owners a percentage of the rental income for listing their cars.
- Potentially earns from partnerships with ride-sharing companies.
- Utilizes data analytics to optimize pricing and inventory management.
- Focuses on expanding its user base to increase transaction volume.
What Industry Does HYREQ Operate In?
The rental and leasing services industry is experiencing a shift towards flexible transportation solutions, driven by the rise of the gig economy. With an estimated market size of $57 billion in the U.S. alone, the demand for car-sharing services is growing. Competitors in this space include traditional rental companies and new entrants in the ride-sharing market. HyreCar's unique marketplace model positions it to capitalize on these trends, although recent financial difficulties may hinder its competitive edge.
Who Are HYREQ's Key Customers?
- Individual vehicle owners looking to earn income from their idle cars.
- Ride-sharing drivers seeking flexible vehicle access.
- Commercial vehicle owners, including dealerships and fleet operators.
- Urban consumers who prefer car-sharing over traditional car ownership.
- Environmentally conscious users interested in sustainable transportation options.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● No usable price
- ● No filing on record
- ● No analyst coverage
Key Financial Metrics
Return on assets is -65.1%, showing how much profit it generates from its asset base. A current ratio of 0.92 means current liabilities exceed short-term assets, a liquidity point worth watching.
Company Profile
HyreCar, Inc. operates in the Rental & Leasing Services industry within the Industrials sector. It is headquartered in Los Angeles, US. The company is led by CEO Ken Grimes. HYREQ has traded publicly since 2018.
Earnings Track Record
HyreCar, Inc. has missed Wall Street's EPS estimate in 5 of its last 8 reported quarters — a mixed record worth weighing. Reported results have landed about 47.7% below estimates on average.
HYREQ Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
HYREQ Latest News
No recent news available for HYREQ.
HYREQ Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for HYREQ.
Price Targets
Wall Street price target analysis for HYREQ.
HYREQ MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for HYREQ; grades run from A+ (80-100) to F (below 30).
Leadership: Ken Grimes
CEO
Ken Grimes has extensive experience in the automotive and technology sectors, having held various leadership roles prior to joining HyreCar. He holds a degree in Business Administration and has a proven track record of driving growth in startup environments. His strategic vision has been instrumental in shaping HyreCar's marketplace model.
Track Record: Under Ken's leadership, HyreCar has expanded its vehicle inventory and user base, despite facing significant financial challenges. He has focused on enhancing operational efficiency and exploring potential partnerships to strengthen the company's market position.
HYREQ OTC Market Information
The OTC Other tier includes companies that do not meet the listing requirements of major exchanges like NYSE or NASDAQ. These stocks may have lower liquidity and transparency, impacting investor confidence.
- OTC Tier: OTC Other
- Potential for continued financial instability following bankruptcy.
- Limited access to capital markets for raising funds.
- Increased regulatory scrutiny on car-sharing operations.
- Market volatility impacting investor sentiment.
- Verify the company's bankruptcy status and any restructuring plans.
- Assess the competitive landscape and market position.
- Review any available financial statements or reports.
- Investigate potential partnerships or collaborations.
- Monitor industry trends affecting the car-sharing market.
- Established presence in the car-sharing market since 2014.
- Diverse inventory sourced from various vehicle owners.
- Recognition as a player in the gig economy space.
- Engagement with users and vehicle owners through its platform.
HyreCar, Inc. Industrials Stock: Key Questions Answered
What does HyreCar Inc. do?
HyreCar Inc. operates a car-sharing marketplace that connects vehicle owners with ride-sharing drivers. The platform allows car owners to rent out their idle vehicles, providing a flexible transportation solution for drivers in the gig economy.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- The company is currently in bankruptcy proceedings, which limits the availability of financial information and operational transparency.