Avis Budget Group (CAR) Expected to Release Quarterly Earnings on Tuesday

Avis Budget Group (NASDAQ:CAR) is expected to release its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect the company to announce earnings of $2.07 per share and revenue of $3.1008 billion for the quarter. Investors can check the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 8:30 AM ET.

Avis Budget Group (NASDAQ:CAR) last announced its quarterly earnings data on Wednesday, April 29th. The business services provider reported ($8.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($6.82) by ($1.19). The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter last year, the company earned ($14.35) earnings per share. Avis Budget Group’s revenue for the quarter was up 4.1% compared to the same quarter last year. On average, analysts expect Avis Budget Group to post $3 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Avis Budget Group Price Performance

Shares of Avis Budget Group stock opened at $159.52 on Tuesday. Avis Budget Group has a one year low of $85.96 and a one year high of $847.70. The stock’s 50-day moving average is $166.92 and its 200 day moving average is $165.53. The firm has a market cap of $5.64 billion, a price-to-earnings ratio of -8.37 and a beta of 1.91.

Insider Activity at Avis Budget Group

In other news, major shareholder Pentwater Capital Management L sold 3,347 shares of the business’s stock in a transaction that occurred on Wednesday, April 22nd. The stock was sold at an average price of $438.74, for a total transaction of $1,468,462.78. Following the completion of the sale, the insider owned 6,177,100 shares in the company, valued at $2,710,140,854. The trade was a 0.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Edward P. Linnen sold 9,483 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $182.32, for a total value of $1,728,940.56. Following the transaction, the executive vice president directly owned 37,932 shares in the company, valued at $6,915,762.24. The trade was a 20.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 16,299 shares of company stock valued at $3,836,012 in the last three months. Corporate insiders own 50.48% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CAR. UBS Group AG grew its holdings in shares of Avis Budget Group by 10.7% during the third quarter. UBS Group AG now owns 2,159,993 shares of the business services provider’s stock valued at $346,841,000 after buying an additional 208,820 shares during the last quarter. Morgan Stanley boosted its stake in Avis Budget Group by 38.1% during the 4th quarter. Morgan Stanley now owns 1,975,675 shares of the business services provider’s stock valued at $253,519,000 after purchasing an additional 545,574 shares during the last quarter. State Street Corp increased its holdings in Avis Budget Group by 1.0% during the 2nd quarter. State Street Corp now owns 713,127 shares of the business services provider’s stock worth $120,554,000 after purchasing an additional 7,318 shares in the last quarter. Geode Capital Management LLC increased its holdings in Avis Budget Group by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 341,509 shares of the business services provider’s stock worth $43,831,000 after purchasing an additional 3,321 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Avis Budget Group by 57.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 339,826 shares of the business services provider’s stock worth $43,607,000 after purchasing an additional 123,582 shares during the last quarter. Institutional investors and hedge funds own 96.35% of the company’s stock.

Analyst Upgrades and Downgrades

CAR has been the topic of several recent analyst reports. Morgan Stanley boosted their price target on Avis Budget Group from $97.00 to $99.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 20th. Wall Street Zen raised shares of Avis Budget Group from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $125.00 price objective on shares of Avis Budget Group in a research note on Friday, May 1st. Jefferies Financial Group downgraded shares of Avis Budget Group from a “buy” rating to a “hold” rating and boosted their target price for the company from $112.00 to $160.00 in a research report on Friday, May 1st. Finally, Barclays set a $160.00 target price on shares of Avis Budget Group and gave the company an “equal weight” rating in a research report on Monday, June 8th. Six research analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $131.50.

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.