Avis Budget Group (CAR) Projected to Post Quarterly Earnings on Wednesday

Key Points

• Avis will report Q1 2026 results after the close on April 29, with analysts projecting a large loss of ($7.1437) per share and revenue of $2.4279 billion.
• The stock has been extremely volatile after a parabolic, meme-stock short squeeze that produced an all-time high followed by a steep intraday collapse, and reports of a possible equity offering have intensified dilution concerns.
• Wall Street sentiment is broadly negative—three analysts rate the stock a Hold and six a Sell, leaving an average rating of Strong Sell and an average target price of $124.00.

Avis Budget Group (NASDAQ:CAR - Get Free Report) is projected to announce its Q1 2026 results after the market closes on Wednesday, April 29th. Analysts expect the company to announce earnings of ($7.1437) per share and revenue of $2.4279 billion for the quarter. Investors can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 8:30 AM ET.

Avis Budget Group Stock Performance

Shares of Avis Budget Group stock opened at $229.14 on Friday. The business's 50 day simple moving average is $190.67 and its 200 day simple moving average is $153.02. Avis Budget Group has a 52-week low of $85.86 and a 52-week high of $847.70. The firm has a market cap of $8.10 billion, a PE ratio of -9.02 and a beta of 1.94.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft downgraded Avis Budget Group from a "buy" rating to a "hold" rating and set a $128.00 price target for the company. in a research note on Monday, April 6th. JPMorgan Chase & Co. reiterated an "underweight" rating and set a $165.00 target price (up from $123.00) on shares of Avis Budget Group in a research note on Thursday. Barclays downgraded Avis Budget Group from an "equal weight" rating to an "underweight" rating and lifted their target price for the stock from $95.00 to $150.00 in a research note on Monday. Wall Street Zen downgraded Avis Budget Group from a "hold" rating to a "sell" rating in a research note on Saturday, February 21st. Finally, Zacks Research downgraded Avis Budget Group from a "hold" rating to a "strong sell" rating in a research note on Thursday, February 19th. Three investment analysts have rated the stock with a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Strong Sell" and an average target price of $124.00.

Key Headlines Impacting Avis Budget Group

Here are the key news stories impacting Avis Budget Group this week:

• Positive Sentiment: Legal overhang eased as some investor lawsuits against Avis management were dropped, removing a potential corporate governance overhang. Read More.
• Neutral Sentiment: A near-term catalyst: Avis will report Q1 2026 results on April 29, giving investors fresh fundamental data that could stabilize or accelerate moves. Read More.
• Neutral Sentiment: Recent parabolic run produced an all-time high and heavy retail interest, underscoring momentum-driven price moves rather than new company fundamentals. Read More.
• Negative Sentiment: Short squeeze unwind and rapid deleveraging caused a steep intraday collapse and large volume, driven by retail trading dynamics and short-covering that quickly reversed; headlines call it a meme-stock episode similar to prior squeezes. Read More.
• Negative Sentiment: Investor concern about dilution: reports that an equity offering could be coming to capitalize on the spike intensified selling pressure, since new shares would materially dilute existing holders. Read More.
• Negative Sentiment: Analyst and market pressure: JPMorgan reiterated an underweight rating with a $165 price target and options activity showed heavy put-buying, signaling bearish bets and reduced confidence among institutions. Read More. Read More.
• Negative Sentiment: Multiple LULD trading pauses and unusually high volume increased execution risk and amplified intraday swings, making the stock particularly volatile for short-term traders and institutional execution.

Insider Buying and Selling at Avis Budget Group

In other Avis Budget Group news, Director Lynn Krominga sold 1,950 shares of Avis Budget Group stock in a transaction on Friday, February 20th. The stock was sold at an average price of $91.54, for a total value of $178,503.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Pentwater Capital Management L acquired 425,000 shares of the company's stock in a transaction on Friday, February 20th. The stock was bought at an average cost of $94.26 per share, with a total value of $40,060,500.00. Following the completion of the acquisition, the insider directly owned 3,987,100 shares in the company, valued at approximately $375,824,046. This represents a 11.93% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 50.48% of the stock is owned by insiders.

Hedge Funds Weigh In On Avis Budget Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Pacer Advisors Inc. raised its holdings in Avis Budget Group by 138.3% in the 4th quarter. Pacer Advisors Inc. now owns 5,294 shares of the business services provider's stock valued at $679,000 after acquiring an additional 3,072 shares in the last quarter. First Citizens Bank & Trust Co. raised its holdings in Avis Budget Group by 1.8% in the 4th quarter. First Citizens Bank & Trust Co. now owns 7,754 shares of the business services provider's stock valued at $995,000 after acquiring an additional 137 shares in the last quarter. Empowered Funds LLC raised its holdings in Avis Budget Group by 6.0% in the 4th quarter. Empowered Funds LLC now owns 3,417 shares of the business services provider's stock valued at $438,000 after acquiring an additional 192 shares in the last quarter. nVerses Capital LLC acquired a new position in Avis Budget Group in the 4th quarter valued at $236,000. Finally, VARCOV Co. acquired a new position in Avis Budget Group in the 4th quarter valued at $331,000. 96.35% of the stock is owned by institutional investors and hedge funds.

About Avis Budget Group

Avis Budget Group, Inc operates as a leading global provider of vehicle rental and mobility solutions. Through its two core brands, Avis® and Budget®, the company offers a broad range of rental options including daily, weekly and monthly car rentals for leisure and business travelers. In addition to traditional airport and off-airport car rental services, Avis Budget Group delivers innovative mobility platforms such as car-sharing programs and connected fleet solutions designed to meet the evolving needs of corporate, government and individual customers.

The company's roots trace back to Avis Rent a Car, founded in 1946, and Budget Rent a Car, established in 1958.

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