Avis Budget Group, Inc. (CAR)

Avis Budget Group Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Avis Budget Group stock have an average target of 117.6, with a low estimate of 95 and a high estimate of 150. The average target predicts an increase of 22.12% from the current stock price of 96.30.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$95	$117.6	$105	$150
Change	-1.35%	+22.12%	+9.03%	+55.76%

* Price targets were last updated on Dec 10, 2024.

Analyst Ratings

The average analyst rating for Avis Budget Group stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	2	2	2	2	2	1
Buy	2	2	2	2	2	1
Hold	4	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	8	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lizzie Dove Goldman Sachs	Goldman Sachs	Hold Maintains $85 → $95	Hold	Maintains	$85 → $95	-1.35%	Dec 10, 2024
John Healy Northcoast Research	Northcoast Research	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Nov 18, 2024
Chris Woronka Deutsche Bank	Deutsche Bank	Strong Buy Maintains $145 → $143	Strong Buy	Maintains	$145 → $143	+48.49%	Nov 5, 2024
Ryan Brinkman JP Morgan	JP Morgan	Buy Maintains $175 → $150	Buy	Maintains	$175 → $150	+55.76%	Nov 4, 2024
Lizzie Dove Goldman Sachs	Goldman Sachs	Hold Maintains $105 → $90	Hold	Maintains	$105 → $90	-6.54%	Oct 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.08B

Increased by 2.43%

from 11.79B

Revenue Next Year

12.33B

Increased by 2.10%

from 12.08B

EPS This Year

8.79

from -51.30

EPS Next Year

15.31

Increased by 74.21%

from 8.79

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	5.40B	9.31B	11.99B	12.01B	11.79B	12.08B	12.33B	12.36B
Revenue Growth	-41.10%	72.40%	28.79%	0.12%	-1.82%	2.43%	2.10%	0.27%
EPS	-9.71	19.44	57.16	42.08	-51.30	8.79	15.31	12.34
EPS Growth	-	-	194.03%	-26.38%	-	-	74.21%	-19.40%
Forward PE	-	-	-	-	-	10.96	6.29	7.80
No. Analysts	-	-	-	-	-	10	10	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	12.8B	13.1B	13.1B
Avg	12.1B	12.3B	12.4B
Low	11.6B	11.7B	11.8B

Revenue Growth

Revenue Growth	2025	2026	2027
High	8.3%	8.3%	6.5%
Avg	2.4%	2.1%	0.3%
Low	-1.9%	-3.1%	-4.3%

EPS Forecast

EPS	2025	2026	2027
High	12.16	19.27	18.29
Avg	8.79	15.31	12.34
Low	7.33	11.57	6.88

EPS Growth

EPS Growth	2025	2026	2027
High	-	119.2%	19.4%
Avg	-	74.2%	-19.4%
Low	-	31.7%	-55.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.