Avis Budget Group, Inc. (NASDAQ:CAR) Given Average Rating of “Reduce” by Brokerages

Shares of Avis Budget Group, Inc. (NASDAQ:CAR) have received a consensus recommendation of “Reduce” from the nine ratings firms that are currently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $135.5714.

A number of research analysts have recently weighed in on the company. JPMorgan Chase & Co. raised their price target on Avis Budget Group from $155.00 to $170.00 and gave the company an “underweight” rating in a research report on Tuesday, June 23rd. Susquehanna boosted their price objective on shares of Avis Budget Group from $105.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of Avis Budget Group in a research note on Monday. Jefferies Financial Group downgraded shares of Avis Budget Group from a “buy” rating to a “hold” rating and raised their target price for the company from $112.00 to $160.00 in a report on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $125.00 target price on shares of Avis Budget Group in a research report on Friday, May 1st.

Avis Budget Group Price Performance

NASDAQ CAR opened at $141.46 on Thursday. Avis Budget Group has a 1-year low of $85.96 and a 1-year high of $847.70. The company has a market capitalization of $5.00 billion, a P/E ratio of -7.79 and a beta of 1.92. The business has a 50 day moving average price of $158.80 and a 200 day moving average price of $169.01.

Avis Budget Group (NASDAQ:CAR) last issued its quarterly earnings data on Tuesday, July 28th. The business services provider reported $0.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.05 by ($1.07). The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.10 billion. The business’s revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.10 earnings per share. On average, research analysts expect that Avis Budget Group will post 1.69 earnings per share for the current fiscal year.

Avis Budget Group News Roundup

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

• Positive Sentiment: Investors who purchased Avis securities during the February 20, 2025–April 21, 2026 class period may be eligible to seek compensation, with a September 29, 2026 deadline to apply as lead plaintiff. Any recovery could partially offset shareholder losses, although it would not directly improve Avis’s operating results. Rosen investor deadline notice
• Neutral Sentiment: Multiple law firms reiterated notices about the shareholder class action, so the announcements largely repeat previously reported information rather than represent a new development for Avis’s business. Kaplan Fox class action notice Pomerantz class action filing
• Negative Sentiment: The lawsuit alleges that Pentwater accumulated a roughly 51% economic interest in Avis through shares and cash-settled swaps, then sold 4.3 million shares over two trading days as CAR collapsed. Another notice alleges a $1.75 billion share disposal, short-swing trading profits, and a reported $650 million settlement. The claims remain allegations, but they add litigation, regulatory, and reputational risk. Levi and Korsinsky shareholder alert Pentwater securities class action alert
• Negative Sentiment: Analysts’ reported consensus price target of $132.75 suggests valuation pressure relative to the stock’s recent trading level. Avis also recently missed quarterly earnings and revenue expectations, reinforcing concerns about near-term fundamentals. Avis analyst price target report

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CAR. UBS Group AG grew its holdings in Avis Budget Group by 37.3% during the 4th quarter. UBS Group AG now owns 2,964,807 shares of the business services provider’s stock valued at $380,444,000 after buying an additional 804,814 shares during the last quarter. Pentwater Capital Management LP acquired a new position in shares of Avis Budget Group in the second quarter worth $371,541,000. Morgan Stanley raised its holdings in shares of Avis Budget Group by 38.1% in the fourth quarter. Morgan Stanley now owns 1,975,675 shares of the business services provider’s stock worth $253,519,000 after acquiring an additional 545,574 shares during the last quarter. Hsbc Holdings PLC acquired a new stake in shares of Avis Budget Group during the second quarter valued at $247,773,000. Finally, BlackRock Inc. purchased a new stake in Avis Budget Group during the 2nd quarter worth about $245,413,000. 96.35% of the stock is currently owned by institutional investors and hedge funds.

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.