Zacks Research Expects Weaker Earnings for Avis Budget Group

Avis Budget Group, Inc. (NASDAQ:CARFree Report) – Analysts at Zacks Research cut their Q3 2025 EPS estimates for Avis Budget Group in a research report issued on Thursday, November 21st. Zacks Research analyst S. Dey now forecasts that the business services provider will earn $8.52 per share for the quarter, down from their previous forecast of $8.82. The consensus estimate for Avis Budget Group’s current full-year earnings is $4.59 per share. Zacks Research also issued estimates for Avis Budget Group’s Q3 2026 earnings at $4.65 EPS.

Other equities analysts have also recently issued research reports about the stock. Susquehanna reduced their price objective on shares of Avis Budget Group from $120.00 to $95.00 and set a “neutral” rating for the company in a research note on Friday, August 9th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Avis Budget Group from $145.00 to $143.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Barclays initiated coverage on Avis Budget Group in a research report on Thursday, September 19th. They issued an “equal weight” rating and a $105.00 price objective on the stock. The Goldman Sachs Group reduced their target price on Avis Budget Group from $105.00 to $90.00 and set a “neutral” rating for the company in a research report on Friday, October 11th. Finally, StockNews.com raised Avis Budget Group from a “sell” rating to a “hold” rating in a report on Monday, November 4th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $133.13.

Check Out Our Latest Research Report on CAR

Avis Budget Group Stock Performance

Shares of NASDAQ CAR opened at $107.37 on Monday. The stock has a fifty day moving average of $89.17 and a 200-day moving average of $95.67. The stock has a market cap of $3.77 billion, a PE ratio of 9.91 and a beta of 2.14. Avis Budget Group has a fifty-two week low of $65.73 and a fifty-two week high of $204.77.

Avis Budget Group (NASDAQ:CARGet Free Report) last released its quarterly earnings data on Thursday, October 31st. The business services provider reported $6.65 EPS for the quarter, missing the consensus estimate of $8.55 by ($1.90). Avis Budget Group had a negative return on equity of 101.41% and a net margin of 3.34%. The business had revenue of $3.48 billion during the quarter, compared to the consensus estimate of $3.53 billion. During the same period last year, the business posted $16.78 earnings per share. The firm’s quarterly revenue was down 2.4% on a year-over-year basis.

Institutional Investors Weigh In On Avis Budget Group

Institutional investors have recently made changes to their positions in the business. Central Valley Advisors LLC purchased a new stake in shares of Avis Budget Group during the second quarter valued at approximately $25,000. EntryPoint Capital LLC grew its holdings in Avis Budget Group by 119.2% in the 1st quarter. EntryPoint Capital LLC now owns 228 shares of the business services provider’s stock worth $28,000 after acquiring an additional 124 shares during the last quarter. Strategic Investment Solutions Inc. IL increased its position in shares of Avis Budget Group by 198.3% in the third quarter. Strategic Investment Solutions Inc. IL now owns 361 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 240 shares during the period. Nisa Investment Advisors LLC raised its stake in shares of Avis Budget Group by 293.3% during the third quarter. Nisa Investment Advisors LLC now owns 409 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 305 shares during the last quarter. Finally, Signaturefd LLC boosted its holdings in shares of Avis Budget Group by 180.0% during the second quarter. Signaturefd LLC now owns 714 shares of the business services provider’s stock worth $75,000 after purchasing an additional 459 shares during the period. Hedge funds and other institutional investors own 96.35% of the company’s stock.

About Avis Budget Group

(Get Free Report)

Avis Budget Group, Inc, together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; and the Zipcar brand, a car sharing network, as well as the Budget brand, a supplier of vehicle rental and other mobility solutions focused primarily on more value-conscious customers comprising Budget car rental, and Budget Truck, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 19,000 vehicles, which are rented through a network of dealer-operated and company-operated locations that serve the light commercial and consumer sectors in the continental United States.

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Earnings History and Estimates for Avis Budget Group (NASDAQ:CAR)

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