Shares of Avis Budget Group, Inc. (NASDAQ:CAR – Get Free Report) have earned a consensus rating of “Reduce” from the nine research firms that are presently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating and six have issued a hold rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $135.5714.
Several equities research analysts have recently commented on the company. Zacks Research raised Avis Budget Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 1st. The Goldman Sachs Group upped their price target on shares of Avis Budget Group from $85.00 to $95.00 and gave the stock a “sell” rating in a research report on Friday, July 24th. Barclays set a $160.00 price objective on shares of Avis Budget Group and gave the company an “equal weight” rating in a research report on Monday, June 8th. JPMorgan Chase & Co. boosted their price objective on shares of Avis Budget Group from $155.00 to $170.00 and gave the stock an “underweight” rating in a research note on Tuesday, June 23rd. Finally, Wall Street Zen cut shares of Avis Budget Group from a “hold” rating to a “sell” rating in a report on Saturday, August 1st.
View Our Latest Stock Analysis on Avis Budget Group
Hedge Funds Weigh In On Avis Budget Group
Avis Budget Group Stock Performance
NASDAQ CAR opened at $138.73 on Monday. Avis Budget Group has a 52 week low of $85.96 and a 52 week high of $847.70. The stock’s 50 day moving average price is $149.07 and its two-hundred day moving average price is $171.08. The stock has a market capitalization of $4.90 billion, a price-to-earnings ratio of -7.64 and a beta of 1.91.
Avis Budget Group (NASDAQ:CAR – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $0.98 EPS for the quarter, missing analysts’ consensus estimates of $2.05 by ($1.07). The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.10 billion. Avis Budget Group’s revenue was down 1.3% on a year-over-year basis. During the same period last year, the company posted $0.10 EPS. On average, equities research analysts forecast that Avis Budget Group will post 1.36 EPS for the current year.
Avis Budget Group News Roundup
Here are the key news stories impacting Avis Budget Group this week:
- Positive Sentiment: Zacks upgraded Avis Budget Group from “strong sell” to “hold,” which may reduce some extreme bearish sentiment and offer limited support for the shares. Zacks rating upgrade report
- Neutral Sentiment: A head-to-head review comparing Avis Budget Group with Lyft provides sector context but does not appear to announce a material change to Avis’s operations, financial outlook, or valuation. Avis Budget Group versus Lyft review
- Negative Sentiment: Several investor-rights firms publicized a securities class action and a September 29, 2026 lead-plaintiff deadline involving Pentwater Capital Management and CEO Matthew Halbower. The filings allege that Pentwater accumulated and then sold Avis shares, causing substantial investor losses; the allegations have not been proven. The notices may weigh on CAR because of potential litigation costs, uncertainty, and reputational risk. Rosen Law Firm lawsuit deadline notice
About Avis Budget Group
Avis Budget Group, Inc operates as a leading global provider of vehicle rental and mobility solutions. Through its two core brands, Avis® and Budget®, the company offers a broad range of rental options including daily, weekly and monthly car rentals for leisure and business travelers. In addition to traditional airport and off-airport car rental services, Avis Budget Group delivers innovative mobility platforms such as car-sharing programs and connected fleet solutions designed to meet the evolving needs of corporate, government and individual customers.
The company’s roots trace back to Avis Rent a Car, founded in 1946, and Budget Rent a Car, established in 1958.
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