JPMorgan Chase & Co. Has Lowered Expectations for Avis Budget Group (NASDAQ:CAR) Stock Price

Posted by Brenda Bartman on Oct 8th, 2026

Avis Budget Group (NASDAQ:CAR – Get Free Report) had its price objective decreased by analysts at JPMorgan Chase & Co. from $145.00 to $105.00 in a report issued on Thursday, Benzinga reports. The firm currently has an “underweight” rating on the business services provider’s stock. JPMorgan Chase & Co.‘s price target suggests a potential downside of 4.55% from the company’s previous close.

Other equities analysts have also issued reports about the stock. Morgan Stanley reduced their target price on shares of Avis Budget Group from $99.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Friday, September 11th. Weiss Ratings restated a “sell (d-)” rating on shares of Avis Budget Group in a research report on Monday, August 17th. Zacks Research raised Avis Budget Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 1st. Wall Street Zen lowered Avis Budget Group from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Finally, The Goldman Sachs Group boosted their target price on Avis Budget Group from $85.00 to $95.00 and gave the stock a “sell” rating in a research report on Friday, July 24th. Six analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $125.71.

Check Out Our Latest Analysis on Avis Budget Group

Avis Budget Group Stock Performance

Shares of NASDAQ CAR traded down $0.22 during mid-day trading on Thursday, hitting $110.00. 340,929 shares of the stock were exchanged, compared to its average volume of 1,289,680. Avis Budget Group has a twelve month low of $85.96 and a twelve month high of $847.70. The stock’s fifty day simple moving average is $129.20 and its two-hundred day simple moving average is $173.65. The company has a market cap of $3.89 billion, a P/E ratio of -6.05 and a beta of 2.12.

Avis Budget Group (NASDAQ:CAR – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.98 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.05 by ($1.07). The company had revenue of $3 billion during the quarter, compared to analyst estimates of $3.10 billion. The firm’s revenue was down 1.3% compared to the same quarter last year. During the same period last year, the company earned $0.10 earnings per share. As a group, equities research analysts predict that Avis Budget Group will post 1.08 earnings per share for the current fiscal year.

Institutional Trading of Avis Budget Group

Institutional investors have recently bought and sold shares of the business. Pentwater Capital Management LP acquired a new position in Avis Budget Group during the second quarter worth approximately $371,541,000. Hsbc Holdings PLC acquired a new stake in shares of Avis Budget Group during the second quarter worth $247,773,000. BlackRock Inc. bought a new stake in shares of Avis Budget Group in the second quarter valued at about $245,413,000. Cibc World Market Inc. acquired a new stake in Avis Budget Group during the second quarter worth approximately $73,915,000. Finally, Bank of Nova Scotia acquired a new position in shares of Avis Budget Group in the 2nd quarter valued at approximately $46,701,000. Institutional investors and hedge funds own 96.35% of the company’s stock.

Avis Budget Group Company Profile

(Get Free Report)

Avis Budget Group, Inc is a global provider of vehicle rental and mobility services. The company operates through a portfolio of brands that includes Avis, Budget, Payless and Zipcar, offering cars, vans and other vehicles to leisure and business customers.

Avis and Budget provide short-term vehicle rentals through airport and neighborhood locations, while Payless focuses on value-oriented rental services. Zipcar operates a car-sharing network that allows members to reserve vehicles by the hour or day.