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Avis Budget Group Inc (CAR) Stock Forecast & Price Prediction

Live CAR Stock Price & Analysis

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$90.75

+3.56 (4.08%)

12 Month Price Forecast For CAR

$90.75
Current Price
$3.19B
Market Cap
9 Ratings
Buy 5
Hold 4
Sell 0
Wall St Analyst Ratings

Distance to CAR Price Forecasts

+52.1%
To High Target of $138.00
+24.0%
To Median Target of $112.50
+4.7%
To Low Target of $95.00

CAR Price Momentum

+4.3%
1 Week Change
+2.2%
1 Month Change
-25.0%
1 Year Change
+12.6%
Year-to-Date Change
-32.2%
From 52W High of $133.94
+38.1%
From 52W Low of $65.73

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 15, 2025 12:00 PM UTC

CAR Analyst Ratings & Price Targets

Based on our analysis of 14 Wall Street analysts, CAR has a bullish consensus with a median price target of $112.50 (ranging from $95.00 to $138.00). The overall analyst rating is Buy (7.8/10). Currently trading at $90.75, the median forecast implies a 24.0% upside. This outlook is supported by 5 Buy, 4 Hold, and 0 Sell ratings.

Conversely, the most conservative target is provided by Lizzie Dove at Goldman Sachs, suggesting a 4.7% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

CAR Analyst Consensus

5
Buy
4
Hold
0
Sell

CAR Price Target Range

Low
$95.00
Average
$112.50
High
$138.00
Current: $90.75

Latest CAR Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for CAR.

Date Firm Analyst Rating Change Price Target
Dec 10, 2024 Goldman Sachs Lizzie Dove Neutral Maintains $95.00
Nov 18, 2024 Northcoast Research John Healy Neutral Downgrade $0.00
Nov 5, 2024 Deutsche Bank Chris Woronka Buy Maintains $143.00
Nov 4, 2024 JP Morgan Ryan Brinkman Overweight Maintains $150.00
Oct 11, 2024 Goldman Sachs Lizzie Dove Neutral Maintains $90.00
Sep 19, 2024 Barclays Dan Levy Equal-Weight Initiates $105.00
Aug 9, 2024 Susquehanna Christopher Stathoulopoulos Neutral Maintains $95.00
Aug 8, 2024 Goldman Sachs Lizzie Dove Neutral Maintains $105.00
Aug 7, 2024 JP Morgan Ryan Brinkman Overweight Maintains $175.00
Jul 10, 2024 Goldman Sachs Lizzie Dove Neutral Maintains $120.00
May 1, 2024 B of A Securities John Babcock Buy Maintains $140.00
Apr 30, 2024 Susquehanna Christopher Stathoulopoulos Neutral Maintains $117.00
Apr 18, 2024 Deutsche Bank Chris Woronka Buy Maintains $183.00
Apr 10, 2024 Morgan Stanley Adam Jonas Overweight Maintains $187.00
Apr 4, 2024 Goldman Sachs Lizzie Dove Neutral Upgrade $130.00
Mar 25, 2024 Northcoast Research John Healy Buy Upgrade $155.00
Mar 19, 2024 B of A Securities John Babcock Buy Initiates $170.00
Feb 23, 2024 Morgan Stanley Adam Jonas Overweight Maintains $190.00
Feb 14, 2024 JP Morgan Ryan Brinkman Overweight Maintains $240.00
Feb 14, 2024 Susquehanna Christopher Stathoulopoulos Neutral Maintains $145.00

Stocks Similar to Avis Budget Group Inc

The following stocks are similar to Avis Budget based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Avis Budget Group Inc (CAR) Financial Data

Avis Budget Group Inc has a market capitalization of $3.19B with a P/E ratio of 8.0x. The company generates $11.79B in trailing twelve-month revenue with a -15.4% profit margin.

Revenue growth is -2.0% quarter-over-quarter, while maintaining an operating margin of +1.1% and return on equity of -475.8%.

Valuation Metrics

Market Cap $3.19B
Enterprise Value $29.43B
P/E Ratio 8.0x
PEG Ratio 8.0x
Price/Sales 0.3x

Growth & Margins

Revenue Growth (YoY) -2.0%
Gross Margin +70.8%
Operating Margin +1.1%
Net Margin -15.4%
EPS Growth -7.3%

Financial Health

Cash/Price Ratio +18.9%
Current Ratio 0.7x
Debt/Equity -117.2x
ROE -475.8%
ROA +5.0%

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Avis Budget Group Inc logo

Avis Budget Group Inc (CAR) Company Overview

About Avis Budget Group Inc

What They Do

Provides car and truck rental services.

Business Model

The company operates a multi-brand model, offering car and truck rentals, car sharing, and ancillary services through its Avis, Zipcar, and Budget brands. It generates revenue from vehicle rentals, optional insurance products, and various mobility solutions targeted at both premium and budget-conscious customers.

Additional Information

Avis Budget Group operates a diverse fleet of approximately 19,000 vehicles across a global network. In addition to traditional rentals, it offers value-added services such as roadside assistance, electronic toll collection, and rental accessories. The company has a long history, having been founded in 1946 and rebranding from Cendant Corporation in 2006.

Company Information

Sector

Industrials

Industry

Rental & Leasing Services

Employees

18,000

CEO

Mr. Joseph A. Ferraro

Country

United States

IPO Year

1990

Avis Budget Group Inc (CAR) Latest News & Analysis

CAR stock latest news image
Quick Summary

Avis Budget Group, Inc. (NASDAQ: CAR) will host its Q4 2024 earnings call on February 12, 2025, at 8:30 AM ET, featuring key executives and analysts from major financial institutions.

Why It Matters

The conference call provides insights into Avis Budget Group's financial performance and strategic direction, influencing investor sentiment and stock valuation.

Source: Seeking Alpha
Market Sentiment: Neutral
CAR stock latest news image
Quick Summary

Avis Budget Group, Inc. (NASDAQ: CAR) reported its financial results for Q4 and the full year ended December 31, 2024, on February 11, 2025.

Why It Matters

Avis Budget Group's financial results can impact stock performance and investor sentiment, influencing decisions on buying, holding, or selling shares.

Source: GlobeNewsWire
Market Sentiment: Neutral
CAR stock latest news image
Quick Summary

Avis Budget's Q4 2024 results reveal performance metrics worth comparing to Wall Street estimates and the previous year's figures.

Why It Matters

Comparing Avis Budget's performance to estimates and prior year figures reveals growth trends or potential weaknesses, influencing investor sentiment and stock valuation.

Source: Zacks Investment Research
Market Sentiment: Positive
CAR stock latest news image
Quick Summary

Avis Budget Group (CAR) reported a quarterly loss of $0.23 per share, better than the estimated loss of $0.96, compared to earnings of $7.10 per share a year prior.

Why It Matters

Avis Budget Group's smaller-than-expected loss suggests improved financial performance, potentially boosting investor confidence and affecting stock valuation positively.

Source: Zacks Investment Research
Market Sentiment: Negative
CAR stock latest news image
Quick Summary

Avis Budget Group, Inc. (NASDAQ: CAR) will report Q4 2024 results on February 11, 2025, after market close, and host a conference call on February 12 at 8:30 a.m. for investors.

Why It Matters

Avis Budget Group's upcoming earnings report could impact its stock price and investor sentiment, providing insights into its performance and future outlook.

Source: GlobeNewsWire
Market Sentiment: Neutral
CAR stock latest news image
Quick Summary

Avis Budget (CAR) is expected to report earnings that may exceed forecasts, supported by strong performance indicators. Investors should stay informed on key expectations.

Why It Matters

Avis Budget's potential for an earnings beat may boost stock prices, attract investor interest, and enhance market sentiment, impacting overall valuation and trading strategies.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About CAR Stock

What is Avis Budget Group Inc's (CAR) stock forecast for 2025?

Based on our analysis of 14 Wall Street analysts, Avis Budget Group Inc (CAR) has a median price target of $112.50. The highest price target is $138.00 and the lowest is $95.00.

Is CAR stock a good investment in 2025?

According to current analyst ratings, CAR has 5 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $90.75. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for CAR stock?

Wall Street analysts predict CAR stock could reach $112.50 in the next 12 months. This represents a 24.0% increase from the current price of $90.75. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Avis Budget Group Inc's business model?

The company operates a multi-brand model, offering car and truck rentals, car sharing, and ancillary services through its Avis, Zipcar, and Budget brands. It generates revenue from vehicle rentals, optional insurance products, and various mobility solutions targeted at both premium and budget-conscious customers.

What is the highest forecasted price for CAR Avis Budget Group Inc?

The highest price target for CAR is $138.00 from at , which represents a 52.1% increase from the current price of $90.75.

What is the lowest forecasted price for CAR Avis Budget Group Inc?

The lowest price target for CAR is $95.00 from Lizzie Dove at Goldman Sachs, which represents a 4.7% increase from the current price of $90.75.

What is the overall CAR consensus from analysts for Avis Budget Group Inc?

The overall analyst consensus for CAR is bullish. Out of 14 Wall Street analysts, 5 rate it as Buy, 4 as Hold, and 0 as Sell, with a median price target of $112.50.

How accurate are CAR stock price projections?

Stock price projections, including those for Avis Budget Group Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.