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 61.41% from the current stock price of 80.98.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$95	$130.71	$140	$187
Change	+17.31%	+61.41%	+72.88%	+130.92%

Analyst Ratings

The average analyst rating for CAR 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	3	3	3	3	2	2
Buy	2	2	2	2	2	2
Hold	2	2	3	3	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	8	8	8	8

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	+17.31%	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	+76.59%	Nov 5, 2024
Ryan Brinkman JP Morgan	JP Morgan	Buy Maintains $175 → $150	Buy	Maintains	$175 → $150	+85.23%	Nov 4, 2024
Lizzie Dove Goldman Sachs	Goldman Sachs	Hold Maintains $105 → $90	Hold	Maintains	$105 → $90	+11.14%	Oct 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

11.93B

from 12.01B

-0.63%

from 12.01B

Revenue Next Year

12.14B

from 11.93B

1.76%

from 11.93B

EPS This Year

3.64

from 42.08

-91.34%

from 42.08

EPS Next Year

10.92

from 3.64

199.65%

from 3.64

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	9.17B	5.40B	9.31B	11.99B	12.01B	11.93B	12.14B	12.50B
Revenue Growth	0.53%	-41.10%	72.40%	28.79%	0.12%	-0.63%	1.76%	2.93%
EPS	3.98	-9.71	19.44	57.16	42.08	3.64	10.92	19.46
EPS Growth	93.20%	-	-	194.03%	-26.38%	-91.34%	199.65%	78.25%
Forward PE	-	-	-	-	-	22.23	7.42	4.16
No. Analysts	-	-	-	-	-	10	10	7

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

Revenue Forecast

Revenue	2024	2025	2026
High	12.4B	13.1B	13.5B
Avg	11.9B	12.1B	12.5B
Low	11.5B	11.5B	11.7B

Revenue Growth

Revenue Growth	2024	2025	2026
High	3.6%	9.4%	11.5%
Avg	-0.6%	1.8%	2.9%
Low	-4.0%	-3.3%	-3.3%

EPS Forecast

EPS	2024	2025	2026
High	5.93	13.90	32.79
Avg	3.64	10.92	19.46
Low	2.31	6.49	12.79

EPS Growth

EPS Growth	2024	2025	2026
High	-85.9%	281.5%	200.3%
Avg	-91.3%	199.7%	78.2%
Low	-94.5%	78.1%	17.1%

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.