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Avis Budget Group (CAR) News Today

Avis Budget Group logo
$121.73 +2.24 (+1.87%)
Closing price 05/30/2025 04:00 PM Eastern
Extended Trading
$121.81 +0.08 (+0.07%)
As of 05/30/2025 07:44 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Why is Avis Budget Group Up Today?

Avis Budget Group, Inc. (NASDAQ:CAR) shares have been under pressure largely due to downward revisions to earnings forecasts and a wave of securities litigation, though operational highlights and technical momentum have provided some support.

  • AVIS Singapore earned ISO 45001 certification, strengthening its safety and operational credentials in the Asia market.
  • The stock recently hit a new 12-month high, indicating sustained investor interest despite broader headwinds.
  • Zacks Research cut its Q2 2025 EPS estimate to $1.73 (from $2.21) and lowered its Q4 2025 forecast to $0.93, signaling weaker-than-expected profitability.
  • Analyst S. Dey at Zacks issued a negative outlook on CAR’s upcoming earnings, highlighting margin pressures.
  • Multiple law firms have launched securities class-action lawsuits alleging fraud (class period February 2024–February 2025), raising potential legal costs and reputational risks.
Posted 12h agoAI Generated. May Contain Errors.

CAR Latest News

Zacks Research Analysts Decrease Earnings Estimates for CAR
Q2 EPS Forecast for Avis Budget Group Reduced by Analyst
Avis Budget Group, Inc. stock logo
Zacks Research Issues Negative Outlook for CAR Earnings
Avis Budget Group, Inc. (NASDAQ:CAR - Free Report) - Analysts at Zacks Research reduced their Q4 2025 earnings estimates for shares of Avis Budget Group in a research note issued to investors on Wednesday, May 28th. Zacks Research analyst S. Dey now forecasts that the business services provider w
Avis Budget Group, Inc. stock logo
Avis Budget Group (NASDAQ:CAR) Reaches New 12-Month High - Still a Buy?
Avis Budget Group (NASDAQ:CAR) Sets New 12-Month High - Here's What Happened
Avis Budget: Used Car Optimism Is Priced In (Downgrade)
Avis Budget Group, Inc. stock logo
Two Sigma Investments LP Purchases 36,393 Shares of Avis Budget Group, Inc. (NASDAQ:CAR)
Two Sigma Investments LP raised its position in Avis Budget Group, Inc. (NASDAQ:CAR - Free Report) by 53.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,909 shares of the bu
Avis Budget Group, Inc. stock logo
Bank of America Corp DE Has $10.50 Million Holdings in Avis Budget Group, Inc. (NASDAQ:CAR)
Bank of America Corp DE trimmed its position in Avis Budget Group, Inc. (NASDAQ:CAR - Free Report) by 13.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 130,211 shares of the business services provider's stock after selling 20,304 shares
Avis Budget Group, Inc. stock logo
Neo Ivy Capital Management Invests $5.01 Million in Avis Budget Group, Inc. (NASDAQ:CAR)
Neo Ivy Capital Management acquired a new stake in Avis Budget Group, Inc. (NASDAQ:CAR - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 62,091 shares of the business services provider's stock, valued at approximately $5,005,000. Avis Budget G
Avis Budget Group, Inc. stock logo
Twinbeech Capital LP Invests $387,000 in Avis Budget Group, Inc. (NASDAQ:CAR)
Twinbeech Capital LP acquired a new position in shares of Avis Budget Group, Inc. (NASDAQ:CAR - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,797 shares of the business services prov
Avis Budget Group, Inc. stock logo
Avis Budget Group, Inc. (NASDAQ:CAR) Shares Purchased by Quantinno Capital Management LP
Quantinno Capital Management LP raised its holdings in Avis Budget Group, Inc. (NASDAQ:CAR - Free Report) by 361.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 23,399 shares of the business services provider's
Avis Budget Group, Inc. stock logo
Avis Budget Group, Inc. (NASDAQ:CAR) Receives Consensus Rating of "Hold" from Brokerages
Avis Budget Group, Inc. (NASDAQ:CAR - Get Free Report) has been assigned an average rating of "Hold" from the six research firms that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and two have given a buy rating to th
Avis Budget Group, Inc. stock logo
Captrust Financial Advisors Buys New Position in Avis Budget Group, Inc. (NASDAQ:CAR)
Captrust Financial Advisors bought a new stake in shares of Avis Budget Group, Inc. (NASDAQ:CAR - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 5,707 shares of the business services provider
Avis Budget Group, Inc. stock logo
Think Investments LP Lowers Position in Avis Budget Group, Inc. (NASDAQ:CAR)
Think Investments LP reduced its stake in Avis Budget Group, Inc. (NASDAQ:CAR - Free Report) by 62.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 116,800 shares of the business services provider's stock after selling 190,500
Avis Budget Group, Inc. stock logo
Ethic Inc. Acquires Shares of 2,572 Avis Budget Group, Inc. (NASDAQ:CAR)
Ethic Inc. acquired a new stake in shares of Avis Budget Group, Inc. (NASDAQ:CAR - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,572 shares of the business services provider's stock, valued at approximately $207,000. Several other lar
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CAR Media Mentions By Week

CAR Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

CAR
News Sentiment

0.18

0.93

Average
Transportation
News Sentiment

CAR News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

CAR Articles
This Week

30

8

CAR Articles
Average Week

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This page (NASDAQ:CAR) was last updated on 5/31/2025 by MarketBeat.com Staff
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