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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) experienced a challenging last quarter, reporting an earnings per share (EPS) of -4.60 USD, which significantly fell short of the analysts' estimate of -0.38 USD. This was a major disappointment, with a staggering variance of -1.13 K%. Additionally, the company's revenue of 2.66 billion USD did not meet the estimated forecast of 2.74 billion USD, indicating struggles in maintaining expected performance levels. For the upcoming quarter, analysts anticipate further deterioration in EPS, projecting -6.89 USD alongside a decline in revenue to 2.43 billion USD. On a slightly more positive note, social media mentions concerning Avis Budget Group have surged by 20% in the last 24 hours, suggesting increased discussion or interest in the company despite its recent financial struggles.
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 2026-08-19, Avis Budget Group (CAR) stock closed at a price of $141.46.
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.