Avis Budget Group, Inc. (CAR)
NASDAQ: CAR · Real-Time Price · USD
63.79
-7.80 (-10.90%)
Mar 11, 2025, 4:00 PM EST - Market closed

Avis Budget Group Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Avis Budget Group stock have an average target of 130.71, with a low estimate of 95 and a high estimate of 187. The average target predicts an increase of 104.91% from the current stock price of 63.79.

Analyst Consensus: Buy
Target Low Average Median High
Price $95 $130.71 $140 $187
Change +48.93% +104.91% +119.47% +193.15%
* Price targets were last updated on Dec 10, 2024.

Analyst Ratings

The average analyst rating for Avis Budget Group stock from 8 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 Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 322222
Buy 222222
Hold 344444
Sell 000000
Strong Sell 000000
Total 888888

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Hold
Maintains
$85$95
Hold Maintains $85$95 +48.93% Dec 10, 2024
Northcoast Research
Northcoast Research
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Nov 18, 2024
Deutsche Bank
Deutsche Bank
Strong Buy
Maintains
$145$143
Strong Buy Maintains $145$143 +124.17% Nov 5, 2024
JP Morgan
JP Morgan
Buy
Maintains
$175$150
Buy Maintains $175$150 +135.15% Nov 4, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$105$90
Hold Maintains $105$90 +41.09% Oct 11, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
12.08B
from 11.79B
Increased by 2.47%
Revenue Next Year
12.33B
from 12.08B
Increased by 2.04%
EPS This Year
9.21
from -51.30
EPS Next Year
15.41
from 9.21
Increased by 67.43%
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
5.40B9.31B11.99B12.01B11.79B12.08B12.33B12.36B
Revenue Growth
-41.10%72.40%28.79%0.12%-1.82%2.47%2.04%0.29%
EPS
-9.7119.4457.1642.08-51.309.2115.4117.59
EPS Growth
--194.03%-26.38%--67.43%14.14%
Forward PE
-----6.934.143.63
No. Analysts -----10103
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
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 202520262027
High
8.3%
8.3%
6.5%
Avg
2.5%
2.0%
0.3%
Low
-1.9%
-3.1%
-4.2%

EPS Forecast

EPS 202520262027
High 12.16 19.85 18.29
Avg 9.21 15.41 17.59
Low 7.33 11.57 17.07

EPS Growth

EPS Growth 202520262027
High -
115.6%
18.7%
Avg -
67.4%
14.1%
Low -
25.7%
10.8%
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.