
NASDAQ:CAR
This summary was created by AI, based on 1 opinions in the last 12 months.
Avis Budget Group (CAR-Q) has had a challenging financial performance, as evidenced by the recent quarterly report. The company posted a loss of -4.60 USD per share, which significantly underperformed against the consensus estimate of -0.38 USD per share, resulting in a staggering miss of -1.13 K%. Revenue also fell short of analysts’ expectations, with reported earnings of 2.66 billion USD compared to the anticipated 2.74 billion USD. The outlook for the next quarter appears bleak, with expectations for earnings dropping further to -6.89 USD per share and revenue projections decreasing to 2.43 billion USD. Meanwhile, despite these negative earnings reports, there has been a notable increase in social media mentions, up 20% in the last 24 hours, indicating some level of heightened public interest or concern regarding the company's future.
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 TOP PICK. Read the latest stock experts' ratings for Avis Budget Group.
Avis Budget Group was recommended as a Top Pick by The Weekly Buzzing Stocks by Billy Kawasaki on 2026-04-23. 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 2026-07-24, Avis Budget Group (CAR) stock closed at a price of $159.48.
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.