Avis Budget Group, Inc. (NASDAQ:CAR) Given Consensus Recommendation of “Reduce” by Analysts

Shares of Avis Budget Group, Inc. (NASDAQ:CAR) have been given a consensus recommendation of “Reduce” by the nine analysts that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $135.00.

Several research analysts have issued reports on the company. Barclays set a $160.00 price target on Avis Budget Group and gave the company an “equal weight” rating in a report on Monday, June 8th. Weiss Ratings restated a “sell (d-)” rating on shares of Avis Budget Group in a report on Monday, August 17th. JPMorgan Chase & Co. lifted their target price on Avis Budget Group from $155.00 to $170.00 and gave the stock an “underweight” rating in a report on Tuesday, June 23rd. Zacks Research raised Avis Budget Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 1st. Finally, Wall Street Zen downgraded Avis Budget Group from a “hold” rating to a “sell” rating in a report on Saturday, August 1st.

Avis Budget Group Stock Performance

CAR opened at $121.74 on Monday. The company has a market capitalization of $4.30 billion, a PE ratio of -6.70 and a beta of 1.91. The stock’s fifty day moving average is $146.60 and its 200-day moving average is $171.98. Avis Budget Group has a one year low of $85.96 and a one year high of $847.70.

Avis Budget Group (NASDAQ:CAR) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $0.98 earnings per share for the quarter, missing the consensus estimate 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. The company’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period last year, the business posted $0.10 EPS. On average, equities research analysts forecast that Avis Budget Group will post 1.34 EPS for the current fiscal year.

Institutional Trading of Avis Budget Group

Hedge funds have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd increased its position in shares of Avis Budget Group by 1,845.5% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 214 shares of the business services provider’s stock worth $27,000 after acquiring an additional 203 shares in the last quarter. Quarry LP acquired a new position in Avis Budget Group in the 4th quarter worth approximately $27,000. Basepoint Wealth LLC acquired a new position in Avis Budget Group in the 4th quarter worth approximately $32,000. Hollencrest Capital Management acquired a new position in Avis Budget Group in the 1st quarter worth approximately $44,000. Finally, Hantz Financial Services Inc. grew its position in Avis Budget Group by 70.4% during the 4th quarter. Hantz Financial Services Inc. now owns 431 shares of the business services provider’s stock worth $55,000 after purchasing an additional 178 shares in the last quarter. 96.35% of the stock is owned by hedge funds and other institutional investors.

Avis Budget Group News Roundup

Here are the key news stories impacting Avis Budget Group this week:

• Neutral Sentiment: Investors who purchased Avis securities during the cited class periods have until September 29, 2026 to seek appointment as lead plaintiff. The announcements are primarily procedural solicitations and do not indicate that a court has determined liability. Robbins Geller Avis investor deadline announcement
• Neutral Sentiment: Multiple law firms, including Kahn Swick & Foti, Kaplan Fox, and others, repeated the September 29 deadline, likely increasing the visibility of the litigation but not representing separate confirmed judgments against Avis. Kahn Swick & Foti Avis deadline notice
• Negative Sentiment: The underlying lawsuit alleges that Pentwater Capital Management and CEO Matthew Halbower drove Avis shares up more than 400% before selling approximately 4.3 million shares over two trading days. The allegations could create legal costs, reputational damage, and uncertainty for CAR investors; however, they remain unproven. SueWallSt Avis class action allegations

About Avis Budget Group

Avis Budget Group, Inc is a global provider of vehicle rental and mobility services. The company operates through a portfolio of well-known brands, including Avis, Budget and Payless, offering car and truck rentals to business and leisure travelers, government customers and other organizations.

The company also provides flexible vehicle access through Zipcar, a car-sharing service that allows members to reserve vehicles for short-term use. Its services are delivered through company-operated locations, licensed operations and franchise partners, with offerings that may include airport and neighborhood rentals, fleet management and related mobility solutions.

Avis Budget Group serves customers across North America, Europe, Australia and New Zealand, Latin America, the Caribbean, Africa and parts of Asia through its operating businesses and partners.