Avis Budget Group (CAR) Stock Forecast, Price Target & Predictions


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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.

$80 $100 $120 $140 $160 $180 High: $105 Avg: $105 Low: $105 Last Closed Price: $88

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
Total 8 0 3 5 Strong Sell Sell Hold Buy Strong Buy

CAR Price Target Upside V Benchmarks


TypeNameUpside
StockAvis Budget Group19.32%
SectorIndustrials Stocks 16.85%
IndustryRental & Leasing Service Stocks17.90%

Price Target Trends


1M3M12M
# Anlaysts--5
Avg Price Target--$138.80
Last Closing Price$88.00$88.00$88.00
Upside/Downside--57.73%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 25234--9
Jan, 25234--9
Dec, 24234--9
Nov, 242541-12
Oct, 243531-12
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 19, 2024Dan LevyBarclays$105.00$85.0823.41%19.32%
Apr 30, 2024Christopher StathoulopoulosSusquehanna$117.00$103.5612.98%32.95%
Apr 10, 2024Adam JonasMorgan Stanley$187.00$123.5651.34%112.50%
Apr 04, 2024Lizzie DoveGoldman Sachs$130.00$121.117.34%47.73%
Mar 25, 2024John HealyNorthcoast Research$155.00$117.5731.84%76.14%
Jan 25, 2024Chris WoronkaDeutsche Bank$248.00$173.4143.01%181.82%
Dec 06, 2022Susquehanna$225.00$194.8415.48%155.68%
Jul 05, 2022Brian JohnsonBarclays$158.00$155.501.61%79.55%
Jun 17, 2022Adam JonasMorgan Stanley$156.00$160.83-3.00%77.27%
May 03, 2022Chris WoronkaDeutsche Bank$193.00$274.88-29.79%119.32%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Nov 04, 2024JefferiesBuyBuyhold
Aug 05, 2024Morgan StanleyOverweightOverweighthold
Apr 30, 2024SusquehannaNeutralNeutralhold
Apr 04, 2024Goldman SachsNeutralupgrade
Mar 25, 2024Northcoast ResearchBuyupgrade
Mar 19, 2024Bank of America SecuritiesBuyinitialise
Jan 25, 2024Deutsche BankBuyupgrade
Jun 20, 2023Morgan StanleyUnderweightOverweightupgrade
Dec 06, 2022SusquehannaNeutralinitialise
Nov 01, 2022Morgan StanleyUnderweightUnderweighthold

Financial Forecast


EPS Forecast

$-10 $4 $18 $32 $46 $60 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-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

$5B $7B $8B $10B $11B $13B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 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

$-1B $-200M $600M $1B $2B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-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%----

CAR Forecast FAQ


Is Avis Budget Group stock a buy?

Avis Budget Group stock has a consensus rating of Buy, based on 8 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Avis Budget Group is a favorable investment for most analysts.

What is Avis Budget Group's price target?

Avis Budget Group's price target, set by 8 Wall Street analysts, averages $105 over the next 12 months. The price target range spans from $105 at the low end to $105 at the high end, suggesting a potential 19.32% change from the previous closing price of $88.

How does Avis Budget Group stock forecast compare to its benchmarks?

Avis Budget Group's stock forecast shows a 19.32% upside, outperforming the average forecast for the industrials stocks sector (16.85%) and outperforming the rental & leasing service stocks industry (17.90%).

What is the breakdown of analyst ratings for Avis Budget Group over the past three months?

  • February 2025: 22.22% Strong Buy, 33.33% Buy, 44.44% Hold, 0% Sell, 0% Strong Sell.
  • January 2025: 22.22% Strong Buy, 33.33% Buy, 44.44% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 22.22% Strong Buy, 33.33% Buy, 44.44% Hold, 0% Sell, 0% Strong Sell.

What is Avis Budget Group’s EPS forecast?

Avis Budget Group's average annual EPS forecast for its fiscal year ending in December is $4.24 for 2024, a -90.04% decrease from the reported $42.57 in 2023. The prediction for 2025 is $10.43, and $16.53 for 2026.

What is Avis Budget Group’s revenue forecast?

Avis Budget Group's average annual revenue forecast for its fiscal year ending in December is $11.81B for 2024, a -1.63% decrease from the reported $12.01B in 2023. The forecast for 2025 is $12B, and $12.38B for 2026.

What is Avis Budget Group’s net income forecast?

For its fiscal year ending in December, Avis Budget Group's average annual net income forecast is $180.76M for 2024, reflecting a -88.92% decrease from the reported $1.63B in 2023. The projection for 2025 is $342.94M, and $357.39M for 2026.