Several analysts have recently updated their ratings and price targets for Avis Budget Group (NASDAQ: CAR):
- 11/5/2026 – Avis Budget Group had its price target lowered by JPMorgan Chase & Co. from $105.00 to $85.00. They now have an “underweight” rating on the stock.
- 11/5/2026 – Avis Budget Group had its price target raised by The Goldman Sachs Group from $94.00 to $108.00. They now have a “sell” rating on the stock.
- 11/4/2026 – Avis Budget Group had its price target lowered by Susquehanna from $140.00 to $125.00. They now have a “neutral” rating on the stock.
- 11/2/2026 – Avis Budget Group had its price target lowered by Barclays from $160.00 to $115.00. They now have an “equal weight” rating on the stock.
- 10/19/2026 – Avis Budget Group was downgraded by Zacks Research from “hold” to “strong sell”.
- 10/8/2026 – Avis Budget Group had its price target lowered by JPMorgan Chase & Co. from $145.00 to $105.00. They now have an “underweight” rating on the stock.
Avis Budget Group Trading Up 2.6%
NASDAQ CAR traded up $3.24 on Wednesday, reaching $127.32. 313,608 shares of the company were exchanged, compared to its average volume of 1,197,699. The business’s fifty day moving average price is $113.49 and its 200 day moving average price is $152.93. The stock has a market capitalization of $4.50 billion, a P/E ratio of -5.50 and a beta of 1.94. Avis Budget Group, Inc. has a fifty-two week low of $85.96 and a fifty-two week high of $847.70.
Avis Budget Group (NASDAQ:CAR – Get Free Report) last issued its earnings results on Tuesday, November 3rd. The business services provider reported $5.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $8.01 by ($2.86). The business had revenue of $3.44 billion during the quarter, compared to the consensus estimate of $3.42 billion. During the same period in the prior year, the firm posted $10.11 EPS. The firm’s quarterly revenue was down 2.4% compared to the same quarter last year. Equities research analysts forecast that Avis Budget Group, Inc. will post 1.08 earnings per share for the current year.
Insider Activity
In other Avis Budget Group news, Director Lynn Krominga sold 28,404 shares of Avis Budget Group stock in a transaction dated Friday, November 6th. The shares were sold at an average price of $120.25, for a total transaction of $3,415,581.00. Following the transaction, the director directly owned 1,762 shares of the company’s stock, valued at $211,880.50. The trade was a 94.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Glenn Lurie sold 6,101 shares of the business’s stock in a transaction dated Friday, November 6th. The shares were sold at an average price of $120.38, for a total transaction of $734,438.38. Following the completion of the transaction, the director owned 11,508 shares in the company, valued at $1,385,333.04. The trade was a 34.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 50.48% of the company’s stock.
Avis Budget Group, Inc. is a global vehicle rental provider operating primarily through the Avis and Budget brands. Its services include short- and longer-term car rentals for leisure and business travelers, as well as vehicle rental solutions for businesses and other organizations. The company also operates Zipcar, a car-sharing service that lets members reserve vehicles for short periods. In the United States, its offerings include Budget Truck rentals. Avis Budget Group serves customers through company-operated locations and licensees across North America and other regions worldwide.
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