<div id="readability-page-1"><p>Avis Budget Group (NASDAQ:CAR - Get Free Report) released its quarterly earnings data on Wednesday. The business services provider reported ($21.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.12) by ($21.13), FiscalAI reports. The business had revenue of $2.66 billion during the quarter, compared to analyst estimates of $2.75 billion.</p><div><p><span></span><span>Get <strong>Avis Budget Group</strong> alerts:</span></p></div><h2>Avis Budget Group Price Performance</h2><ul><li>2 Subscription Economy Winners That Still Dominate Their Niches</li></ul><p>Shares of CAR traded up $2.26 during mid-day trading on Wednesday, reaching $124.36. 635,206 shares of the company's stock traded hands, compared to its average volume of 533,449. The stock's 50-day moving average is $124.79 and its two-hundred day moving average is $140.36. Avis Budget Group has a 12 month low of $54.03 and a 12 month high of $212.81. The stock has a market cap of $4.38 billion, a P/E ratio of -2.08 and a beta of 2.33. </p><h2>Institutional Trading of Avis Budget Group</h2><p>Hedge funds and other institutional investors have recently bought and sold shares of the business. Quarry LP bought a new stake in shares of  Avis Budget Group during the fourth quarter worth $27,000.  Northwestern Mutual Wealth Management Co. increased its stake in  Avis Budget Group by 26.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 363 shares of the business services provider's stock worth $58,000 after buying an additional 76 shares during the period.  Aster Capital Management DIFC Ltd increased its stake in  Avis Budget Group by 956.5% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 486 shares of the business services provider's stock worth $62,000 after buying an additional 440 shares during the period.  EverSource Wealth Advisors LLC lifted its holdings in  Avis Budget Group by 19.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 427 shares of the business services provider's stock valued at $72,000 after buying an additional 70 shares in the last quarter.  Finally, Los Angeles Capital Management LLC purchased a new stake in  Avis Budget Group in the 4th quarter valued at about $78,000. Hedge funds and other institutional investors own  96.35% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><ul><li>MarketBeat Week in Review – 12/22 - 12/26</li></ul><p>Several equities analysts have commented on the stock. Zacks Research upgraded shares of Avis Budget Group from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research report on Tuesday, November 18th. Barclays decreased their target price on shares of Avis Budget Group from $150.00 to $120.00 and set an &#34;equal weight&#34; rating on the stock in a research report on Monday, November 3rd. Weiss Ratings  reiterated a &#34;sell (d)&#34; rating on shares of Avis Budget Group in a research report on Wednesday, January 21st. Morgan Stanley  reissued an &#34;equal weight&#34; rating and set a $142.00 price objective (up from $115.00) on shares of Avis Budget Group in a research note on Monday, December 8th. Finally, Susquehanna decreased their price objective on Avis Budget Group from $145.00 to $130.00 and set a &#34;neutral&#34; rating on the stock in a research report on Wednesday, October 29th. One research analyst  has rated the stock with a Buy rating, five have issued  a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of &#34;Reduce&#34; and a consensus price target of $137.57.</p><p><b>Get Our Latest Analysis on CAR</b></p><h2>Avis Budget Group Company Profile</h2> (Get Free Report)<ul><li>Instacart’s Pricing Tests Spark Backlash... But Investors Didn't Care</li></ul><p>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.  </p><p>The company's roots trace back to Avis Rent a Car, founded in 1946, and Budget Rent a Car, established in 1958.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Avis Budget Group</li><li>Have $500? Invest in Elon’s AI Masterplan</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>Your Bank Account Is No Longer Safe</li><li>This $15 Stock Could Go Down as the #1 Stock of 2026</li><li>ATCX is Sitting on One of Brazil’s Largest Critical Minerals Portfolios!</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0FS?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0FS"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Avis Budget Group Right Now?</h2><p>Before you consider Avis Budget Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Avis Budget Group wasn't on the list.</p><p>While Avis Budget Group currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Avis Budget Group (NASDAQ:CAR) reported its quarterly earnings, revealing an EPS of ($21.25), significantly missing analysts' expectations of ($0.12). The company's revenue for the quarter was $2.66 billion, below the anticipated $2.75 billion. Despite the disappointing results, shares rose by $2.26 to $124.36 during trading. Analysts have mixed ratings on the stock, with one Buy, five Hold, and three Sell ratings, and a consensus price target of $137.57.</p>

Avis Budget Group (NASDAQ:CAR) Issues Earnings Results