Avis
About: Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.
Employees: 24,000
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
8% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 83
0.8% more ownership
Funds ownership: 100.36% [Q3] → 101.17% (+0.8%) [Q4]
4% less funds holding
Funds holding: 269 [Q3] → 259 (-10) [Q4]
7% less capital invested
Capital invested by funds: $3.09B [Q3] → $2.87B (-$224M) [Q4]
15% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 52
25% less funds holding in top 10
Funds holding in top 10: 4 [Q3] → 3 (-1) [Q4]
31% less call options, than puts
Call options by funds: $119M | Put options by funds: $172M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$87
18%
downside
Avg. target
$121
15%
upside
High target
$155
47%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
JP Morgan Ryan Brinkman 56% 1-year accuracy 22 / 39 met price target | 47%upside $155 | Overweight Maintained | 9 May 2025 |
Goldman Sachs Lizzie Dove 42% 1-year accuracy 14 / 33 met price target | 18%downside $87 | Neutral Maintained | 9 May 2025 |
Financial journalist opinion
Based on 173 articles about CAR published over the past 30 days
Neutral
Accesswire
6 hours ago
Securities Class Action Lawsuit Filed Against Avis Budget Group, Inc. (CAR) - Levi & Korsinsky Represents Shareholders
NEW YORK, NY / ACCESS Newswire / May 15, 2025 / If you suffered a loss on your Avis Budget Group, Inc. (NASDAQ:CAR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/avis-budget-lawsuit-submission-form?prid=148734&wire=1&utm_campaign=13 or contact Joseph E. Levi, Esq.
Neutral
Accesswire
6 hours ago
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Avis Budget Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CAR
NEW YORK, NY / ACCESS Newswire / May 15, 2025 / WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Avis Budget Group, Inc. (NASDAQ:CAR) between February 16, 2024 and February 10, 2025, both dates inclusive (the "Class Period"), of the important June 24, 2025 lead plaintiff deadline. SO WHAT: If you purchased Avis Budget securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
Neutral
PRNewsWire
10 hours ago
Avis Budget Group, Inc. (CAR) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
LOS ANGELES , May 15, 2025 /PRNewswire/ -- Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Avis Budget Group, Inc. ("Avis" or the "Company") (NASDAQ: CAR). IF YOU SUFFERED A LOSS ON YOUR AVIS INVESTMENTS, CLICK HERE BEFORE JUNE 24, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT What Is The Lawsuit About?
Neutral
Accesswire
14 hours ago
Class Action Lawsuit Alert: Levi & Korsinsky Reminds Avis Budget Group, Inc. (CAR) Investors of June 24, 2025 Deadline
NEW YORK, NY / ACCESS Newswire / May 15, 2025 / If you suffered a loss on your Avis Budget Group, Inc. (NASDAQ:CAR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/avis-budget-lawsuit-submission-form?prid=148619&wire=1&utm_campaign=16 or contact Joseph E. Levi, Esq.
Neutral
Accesswire
15 hours ago
CAR SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Avis Budget Group, Inc. Shareholders Have Opportunity to Lead Class Action Lawsuit!
NEW YORK CITY, NY / ACCESS Newswire / May 15, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Avis Budget Group, Inc. ("Avis Budget" or "the Company") (NASDAQ:CAR) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Avis Budget securities between February 16, 2024 and February 10, 2025, both dates inclusive (the "Class Period").
Neutral
PRNewsWire
16 hours ago
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Avis Budget Group, Inc.(CAR) Shareholders
NEW YORK , May 15, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Avis Budget Group, Inc. (NASDAQ: CAR). Shareholders who purchased shares of CAR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.
Neutral
Seeking Alpha
20 hours ago
Canadian Apartment Properties: Stable Fundamentals But Lacking Clear Upside Catalysts
Canadian Apartment Properties REIT's Q1 2025 showed high occupancy at 97.6%, despite a slight year-over-year decrease and a significant 26% increase in average monthly rent. NOI margin dropped to 62.4% due to higher utilities and taxes, but improvements are expected with the recent carbon tax removal. Growth in rent increases has slowed, with a weighted average change of 3.4% compared to 4.1% in 2024.
Neutral
Accesswire
23 hours ago
Contact Levi & Korsinsky by June 24, 2025 to Join Class Action Against Avis Budget Group, Inc. (CAR)
NEW YORK, NY / ACCESS Newswire / May 14, 2025 / If you suffered a loss on your Avis Budget Group, Inc. (NASDAQ:CAR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/avis-budget-lawsuit-submission-form?prid=148596&wire=1&utm_campaign=10 or contact Joseph E. Levi, Esq.
Neutral
Accesswire
1 day ago
Class Action Alert: Levi & Korsinsky Reminds Avis Budget (CAR) Investors of June 24, 2025 Deadline
NEW YORK, NY / ACCESS Newswire / May 14, 2025 / If you suffered a loss on your Avis Budget Group, Inc. (NASDAQ:CAR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/avis-budget-lawsuit-submission-form?prid=148584&wire=1&utm_campaign=17 or contact Joseph E. Levi, Esq.
Neutral
GlobeNewsWire
1 day ago
Avis Budget Group Announces Pricing Of $600 Million Of Senior Notes
PARSIPPANY, N.J., May 14, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the “Issuers”), priced a private offering of $600 million aggregate principal amount of 8.375% senior notes due 2032 (the “Notes”), which represents a $100 million increase from the previously announced size of the offering. The Notes will have a maturity date of June 15, 2032. The closing of the offering of the Notes is expected to occur on May 19, 2025, subject to customary closing conditions. The Notes will be issued at par and guaranteed on a senior unsecured basis by the Company and certain of its U.S. subsidiaries.
Charts implemented using Lightweight Charts™