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NASDAQ:CAR
This summary was created by AI, based on 1 opinions in the last 12 months.
Avis Budget Group (CAR-Q) has faced a challenging quarter, reporting a loss of -4.60 USD per share, which significantly missed analysts' expectations by a substantial margin of -1.13 K%. Despite generating a revenue of 2.66 billion USD, the figure fell short of the anticipated 2.74 billion USD. Moving forward, analysts project that the company may decline further in the next quarter, forecasting a larger loss of -6.89 USD per share and a reduced revenue estimate of 2.43 billion USD. Interestingly, social media mentions related to Avis Budget are witnessing a notable increase of 20% in the past 24 hours, indicating heightened interest or concern among the public. The latest performance raises questions about the company's future trajectory against the backdrop of its financial challenges.
All the rental car companies are extremely volatile. They tend to be small. A lot of the spending that goes there is very cyclical. No one has to rent a car. They are also up against Uber. However, the companies are cheap and just crying out for consolidation. On pullbacks, he would add to positions.
Avis Budget Group is a American stock, trading under the symbol CAR (previously CAR-Q on Stockchase) on the NASDAQ (CAR). It is usually referred to as NASDAQ:CAR or CAR
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on CAR (previously CAR-Q on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is . Read the latest stock experts' ratings for Avis Budget Group.
Avis Budget Group was recommended as a Top Pick by Gavin Graham on 2012-02-24. Read the latest stock experts ratings for Avis Budget Group.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Avis Budget Group.
Avis Budget Group is followed by 6 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-15, Avis Budget Group (CAR) stock closed at a price of $189.84.
In the last quarter, the company reported -4.60 USD per share, beating the -0.38 USD estimate by -1.13 K%. Revenue for the same period reached 2.66 B USD, despite the estimate of 2.74 B USD. For the next quarter, analysts expect -6.89 USD in earnings per share and 2.43 B USD in revenue. Social media mentions are up 20% in the past 24h.