Avis Budget Group, Inc. (CAR)
NASDAQ: CAR · Real-Time Price · USD
103.41
+4.35 (4.38%)
Nov 21, 2024, 1:34 PM EST - Market open
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, with a low estimate of 90 and a high estimate of 187. The average target predicts an increase of 25.71% from the current stock price of 103.41.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northcoast Research | Northcoast Research | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 18, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $145 → $143 | Strong Buy | Maintains | $145 → $143 | +38.28% | Nov 5, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $175 → $150 | Buy | Maintains | $175 → $150 | +45.05% | Nov 4, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $105 → $90 | Hold | Maintains | $105 → $90 | -12.97% | Oct 11, 2024 |
| Barclays | Barclays | Hold Initiates $105 | Hold | Initiates | $105 | +1.54% | Sep 19, 2024 |
Financial Forecast
Revenue This Year
11.92B
from 12.01B
Decreased by -0.72%
Revenue Next Year
12.11B
from 11.92B
Increased by 1.58%
EPS This Year
2.79
from 42.08
Decreased by -93.36%
EPS Next Year
11.53
from 2.79
Increased by 312.80%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.4B | 13.1B | 13.5B |
| Avg | 11.9B | 12.1B | 12.6B |
| Low | 11.5B | 11.5B | 11.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.6% | 9.5% | 11.8% |
| Avg | -0.7% | 1.6% | 3.8% |
| Low | -4.0% | -3.3% | -3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.33 | 13.90 | 32.79 |
| Avg | 2.79 | 11.53 | 20.34 |
| Low | 2.31 | 8.77 | 13.77 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -92.1% | 397.8% | 184.4% |
| Avg | -93.4% | 312.8% | 76.4% |
| Low | -94.5% | 214.1% | 19.4% |
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.