Avis Budget Group (CAR) Stock Forecast, Price Target & Predictions
CAR Stock Forecast
Avis Budget Group (CAR) stock forecast, based on 8 Wall Street analysts, predicts a 12-month average price target of $105.00, with a high of $105.00 and a low of $105.00. This represents a 19.32% increase from the last price of $88.00.
CAR Stock Rating
Avis Budget Group stock's rating consensus is Buy, based on 8 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (62.50%), 3 Hold (37.50%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
CAR Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Avis Budget Group | 19.32% |
Sector | Industrials Stocks | 16.85% |
Industry | Rental & Leasing Service Stocks | 17.90% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 5 |
Avg Price Target | - | - | $138.80 |
Last Closing Price | $88.00 | $88.00 | $88.00 |
Upside/Downside | - | - | 57.73% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Feb, 25 | 2 | 3 | 4 | - | - | 9 |
Jan, 25 | 2 | 3 | 4 | - | - | 9 |
Dec, 24 | 2 | 3 | 4 | - | - | 9 |
Nov, 24 | 2 | 5 | 4 | 1 | - | 12 |
Oct, 24 | 3 | 5 | 3 | 1 | - | 12 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 19, 2024 | Dan Levy | Barclays | $105.00 | $85.08 | 23.41% | 19.32% |
Apr 30, 2024 | Christopher Stathoulopoulos | Susquehanna | $117.00 | $103.56 | 12.98% | 32.95% |
Apr 10, 2024 | Adam Jonas | Morgan Stanley | $187.00 | $123.56 | 51.34% | 112.50% |
Apr 04, 2024 | Lizzie Dove | Goldman Sachs | $130.00 | $121.11 | 7.34% | 47.73% |
Mar 25, 2024 | John Healy | Northcoast Research | $155.00 | $117.57 | 31.84% | 76.14% |
Jan 25, 2024 | Chris Woronka | Deutsche Bank | $248.00 | $173.41 | 43.01% | 181.82% |
Dec 06, 2022 | Susquehanna | $225.00 | $194.84 | 15.48% | 155.68% | |
Jul 05, 2022 | Brian Johnson | Barclays | $158.00 | $155.50 | 1.61% | 79.55% |
Jun 17, 2022 | Adam Jonas | Morgan Stanley | $156.00 | $160.83 | -3.00% | 77.27% |
May 03, 2022 | Chris Woronka | Deutsche Bank | $193.00 | $274.88 | -29.79% | 119.32% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Nov 04, 2024 | Jefferies | Buy | Buy | hold |
Aug 05, 2024 | Morgan Stanley | Overweight | Overweight | hold |
Apr 30, 2024 | Susquehanna | Neutral | Neutral | hold |
Apr 04, 2024 | Goldman Sachs | Neutral | upgrade | |
Mar 25, 2024 | Northcoast Research | Buy | upgrade | |
Mar 19, 2024 | Bank of America Securities | Buy | initialise | |
Jan 25, 2024 | Deutsche Bank | Buy | upgrade | |
Jun 20, 2023 | Morgan Stanley | Underweight | Overweight | upgrade |
Dec 06, 2022 | Susquehanna | Neutral | initialise | |
Nov 01, 2022 | Morgan Stanley | Underweight | Underweight | hold |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $-9.70 | $19.79 | $58.41 | $42.57 | - | - | - |
Avg Forecast | $-6.47 | $21.99 | $53.42 | $40.14 | $4.24 | $10.43 | $16.53 |
High Forecast | $-6.60 | $21.66 | $52.34 | $39.75 | $2.71 | $7.15 | $6.70 |
Low Forecast | $-6.38 | $22.44 | $55.06 | $40.41 | $6.60 | $14.81 | $30.10 |
Surprise % | 49.92% | -10.00% | 9.34% | 6.05% | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $5.40B | $9.31B | $11.99B | $12.01B | - | - | - |
Avg Forecast | $5.17B | $9.08B | $11.91B | $12.06B | $11.81B | $12.00B | $12.38B |
High Forecast | $5.11B | $8.98B | $11.72B | $12.00B | $11.77B | $11.67B | $12.38B |
Low Forecast | $5.25B | $9.22B | $12.19B | $12.13B | $11.84B | $12.42B | $12.38B |
Surprise % | 4.57% | 2.56% | 0.73% | -0.42% | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $-684.00M | $1.28B | $2.76B | $1.63B | - | - | - |
Avg Forecast | $-585.46M | $623.13M | $1.67B | $1.63B | $180.76M | $342.94M | $357.39M |
High Forecast | $-792.19M | $389.13M | $1.33B | $1.31B | $105.33M | $277.44M | $259.94M |
Low Forecast | $-378.73M | $857.12M | $2.00B | $1.96B | $256.19M | $574.57M | $1.17B |
Surprise % | 16.83% | 106.22% | 65.67% | - | - | - | - |