Q3 EPS Forecast for Avis Budget Group Reduced by Analyst

Avis Budget Group, Inc. (NASDAQ:CAR) – Zacks Research cut their Q3 2025 earnings estimates for Avis Budget Group in a research report issued on Thursday, November 21st. Zacks Research analyst S. Dey now anticipates that the business services provider will post earnings of $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 $5.24 per share. Zacks Research also issued estimates for Avis Budget Group’s Q3 2026 earnings at $4.65 EPS.

Avis Budget Group (NASDAQ:CAR) last announced its earnings results on Thursday, October 31st. The business services provider reported $6.65 earnings per share for the quarter, missing the consensus estimate of $8.55 by ($1.90). Avis Budget Group had a net margin of 3.34% and a negative return on equity of 101.41%. The firm had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.53 billion. During the same quarter last year, the company posted $16.78 earnings per share. Avis Budget Group’s revenue for the quarter was down 2.4% compared to the same quarter last year.

Several other brokerages have also commented on CAR. Barclays started coverage on shares of Avis Budget Group in a research note on Thursday, September 19th. They issued an “equal weight” rating and a $105.00 price target on the stock. JPMorgan Chase & Co. reduced their price target on Avis Budget Group from $175.00 to $150.00 and set an “overweight” rating for the company in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft lowered their price target on Avis Budget Group from $145.00 to $143.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. StockNews.com raised shares of Avis Budget Group from a “sell” rating to a “hold” rating in a report on Monday, November 4th. Finally, The Goldman Sachs Group dropped their price target on shares of Avis Budget Group from $105.00 to $90.00 and set a “neutral” rating on the stock in a research report on Friday, October 11th. Five equities research 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 stock has an average rating of “Hold” and a consensus price target of $133.13.

Avis Budget Group Stock Performance

Shares of Avis Budget Group stock opened at $102.67 on Monday. Avis Budget Group has a 1 year low of $65.73 and a 1 year high of $204.77. The firm’s 50-day simple moving average is $88.57 and its 200-day simple moving average is $95.93. The firm has a market cap of $3.61 billion, a PE ratio of 9.38 and a beta of 2.14.

Institutional Investors Weigh In On Avis Budget Group

Hedge funds have recently bought and sold shares of the company. Central Valley Advisors LLC bought a new position in Avis Budget Group in the 2nd quarter worth approximately $25,000. EntryPoint Capital LLC lifted its holdings in shares of Avis Budget Group by 119.2% during 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 period. Strategic Investment Solutions Inc. IL increased its stake in 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 holdings in shares of Avis Budget Group by 293.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 409 shares of the business services provider’s stock worth $36,000 after buying an additional 305 shares in the last quarter. Finally, Signaturefd LLC lifted its position in shares of Avis Budget Group by 180.0% during the 2nd quarter. Signaturefd LLC now owns 714 shares of the business services provider’s stock worth $75,000 after buying an additional 459 shares during the period. 96.35% of the stock is currently owned by institutional investors.

About Avis Budget Group

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.