Q2 EPS Forecast for Avis Budget Group Raised by Analyst

Avis Budget Group, Inc. (NASDAQ:CAR) – Analysts at Zacks Research boosted their Q2 2026 EPS estimates for shares of Avis Budget Group in a research report issued to clients and investors on Tuesday, March 4th. Zacks Research analyst S. Dey now forecasts that the business services provider will post earnings of $3.39 per share for the quarter, up from their previous forecast of $3.30. The consensus estimate for Avis Budget Group’s current full-year earnings is $8.91 per share. Zacks Research also issued estimates for Avis Budget Group’s Q3 2026 earnings at $5.18 EPS, Q4 2026 earnings at $0.83 EPS, FY2026 earnings at $9.63 EPS and FY2027 earnings at $7.06 EPS.

Avis Budget Group (NASDAQ:CAR) last posted its quarterly earnings data on Tuesday, February 11th. The business services provider reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.50) by $0.27. Avis Budget Group had a negative return on equity of 14.74% and a negative net margin of 15.45%.

A number of other research firms have also recently commented on CAR. The Goldman Sachs Group boosted their target price on shares of Avis Budget Group from $85.00 to $95.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Avis Budget Group from $145.00 to $143.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Finally, Northcoast Research cut shares of Avis Budget Group from a “buy” rating to a “neutral” rating in a research note on Monday, November 18th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $133.75.

Avis Budget Group Stock Up 2.8 %

Shares of CAR opened at $76.34 on Wednesday. The company’s fifty day moving average is $86.60 and its two-hundred day moving average is $87.87. Avis Budget Group has a fifty-two week low of $65.73 and a fifty-two week high of $132.25. The firm has a market cap of $2.68 billion, a PE ratio of -1.47 and a beta of 2.26.

Insider Activity

In other Avis Budget Group news, Director Lynn Krominga sold 661 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $95.00, for a total value of $62,795.00. Following the transaction, the director now directly owns 3,355 shares in the company, valued at approximately $318,725. This trade represents a 16.46 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 52.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Avis Budget Group

Several institutional investors have recently modified their holdings of CAR. Aster Capital Management DIFC Ltd acquired a new position in shares of Avis Budget Group in the fourth quarter valued at approximately $25,000. GAMMA Investing LLC raised its position in Avis Budget Group by 118.8% during the fourth quarter. GAMMA Investing LLC now owns 337 shares of the business services provider’s stock worth $27,000 after acquiring an additional 183 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in Avis Budget Group by 293.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 409 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 305 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in shares of Avis Budget Group by 41.0% during the 4th quarter. Quadrant Capital Group LLC now owns 681 shares of the business services provider’s stock worth $55,000 after acquiring an additional 198 shares during the period. Finally, Sterling Capital Management LLC increased its holdings in shares of Avis Budget Group by 41.3% in the fourth quarter. Sterling Capital Management LLC now owns 736 shares of the business services provider’s stock valued at $59,000 after purchasing an additional 215 shares during the last quarter. 96.35% of the stock is currently owned by institutional investors and hedge funds.

About Avis Budget Group

Avis Budget Group, Inc engages in the provision of vehicle sharing and rental services. It operates through the following segments: Americas, International, and Corporate and Other. The Americas segment includes the vehicle rental and car sharing operations in North America, South America, Central America, and the Caribbean.