Shares of Avis Budget Group, Inc. (NASDAQ:CAR – Get Free Report) have earned a consensus recommendation of “Reduce” from the nine analysts that are presently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $137.5714.
Several brokerages recently issued reports on CAR. Wall Street Zen cut shares of Avis Budget Group from a “hold” rating to a “sell” rating in a report on Saturday. Zacks Research lowered Avis Budget Group from a “hold” rating to a “strong sell” rating in a research note on Thursday. Barclays lowered their target price on Avis Budget Group from $150.00 to $120.00 and set an “equal weight” rating on the stock in a research note on Monday, November 3rd. Susquehanna reduced their price target on Avis Budget Group from $145.00 to $130.00 and set a “neutral” rating for the company in a research report on Wednesday, October 29th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $142.00 price target (up from $115.00) on shares of Avis Budget Group in a report on Monday, December 8th.
View Our Latest Research Report on CAR
Key Headlines Impacting Avis Budget Group
- Positive Sentiment: Management outlined a structural reset and plans to drive higher fleet utilization in 2026, signaling a clear operational plan to restore margins and cash flow over the coming year. Avis Budget Group outlines structural reset and plans for higher fleet utilization in 2026
- Neutral Sentiment: The company released its Q4 and full-year 2025 results and the earnings presentation/call transcript (useful for details on adjustments, segment results, and management commentary). Avis Budget Group Reports Fourth Quarter and Full Year Results Q4 2025 Earnings Call Transcript
- Neutral Sentiment: Company said the recent U.S. government shutdown contributed to weaker Q4 demand, providing a partial, but limited, explanation for the quarter’s softness. Avis Budget: Gov’t Shutdown Contributed to ‘Difficult’ Q4
- Negative Sentiment: Management posted a roughly $500M impairment tied to its EV fleet, and signaled a strategic pullback from EV deployment — a large one-time charge that materially reduced reported profitability. Avis Budget Group outlines structural reset and plans for higher fleet utilization in 2026
- Negative Sentiment: Q4 and full-year results missed consensus: revenue and adj. EBITDA came in below Street expectations, with near-zero Q4 EBITDA versus guidance — raising questions on near-term profit recovery. Avis Budget Group: A Broad Q4 Miss, A Big Impairment, And A Familiar Outcome
- Negative Sentiment: Shares had an earlier sharp drop after the Q4 release as investors digested the EV write-down, revenue miss and weaker demand trends; press coverage highlights the continued cost of the EV strategy shift. Avis Budget shares tumble 14% as EV fleet challenges drive Q4 loss, revenue miss
- Neutral Sentiment: Reported short-interest data in the notes appears anomalous/zeroed and is not a reliable signal from the latest filings. (No actionable change indicated.)
Institutional Trading of Avis Budget Group
A number of hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in Avis Budget Group by 414.0% in the first quarter. Royal Bank of Canada now owns 17,860 shares of the business services provider’s stock valued at $1,355,000 after buying an additional 14,385 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Avis Budget Group by 10.1% during the 1st quarter. Empowered Funds LLC now owns 3,749 shares of the business services provider’s stock worth $285,000 after acquiring an additional 343 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Avis Budget Group by 16.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 65,023 shares of the business services provider’s stock valued at $4,935,000 after acquiring an additional 9,246 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Avis Budget Group in the 2nd quarter valued at about $1,352,000. Finally, Ethic Inc. purchased a new position in shares of Avis Budget Group in the 2nd quarter valued at about $330,000. 96.35% of the stock is owned by hedge funds and other institutional investors.
Avis Budget Group Trading Down 0.3%
Shares of NASDAQ:CAR opened at $96.47 on Thursday. Avis Budget Group has a twelve month low of $54.03 and a twelve month high of $212.81. The company has a market cap of $3.40 billion, a PE ratio of -3.80 and a beta of 2.33. The company’s 50 day moving average is $123.10 and its 200 day moving average is $139.36.
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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