Avis Budget Group (CAR) Expected to Announce Earnings on Tuesday

Avis Budget Group (NASDAQ:CAR) will likely be posting its Q2 2026 results before the market opens on Tuesday, July 28th. Analysts expect Avis Budget Group to announce earnings of $2.05 per share and revenue of $3.0974 billion for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 8:30 AM ET.

Avis Budget Group (NASDAQ:CAR) last issued its quarterly earnings data on Wednesday, April 29th. The business services provider reported ($8.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($6.82) by ($1.19). The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.43 billion. Avis Budget Group’s revenue was up 4.1% compared to the same quarter last year. During the same period last year, the business earned ($14.35) EPS. On average, analysts expect Avis Budget Group to post $3 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Avis Budget Group Price Performance

Avis Budget Group stock opened at $159.48 on Friday. The stock’s 50 day moving average is $167.86 and its 200 day moving average is $166.20. The firm has a market cap of $5.63 billion, a P/E ratio of -8.37 and a beta of 1.91. Avis Budget Group has a one year low of $85.96 and a one year high of $847.70.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $125.00 price target on shares of Avis Budget Group in a report on Friday, May 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of Avis Budget Group in a research note on Wednesday, May 20th. JPMorgan Chase & Co. boosted their target price on shares of Avis Budget Group from $155.00 to $170.00 and gave the company an “underweight” rating in a report on Tuesday, June 23rd. Wall Street Zen upgraded Avis Budget Group from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Barclays set a $160.00 price objective on Avis Budget Group and gave the company an “equal weight” rating in a research note on Monday, June 8th. Six research analysts have rated the stock with a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $132.75.

Insider Buying and Selling at Avis Budget Group

In other news, EVP Ravi Simhambhatla sold 3,469 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $184.09, for a total transaction of $638,608.21. Following the transaction, the executive vice president owned 13,876 shares in the company, valued at approximately $2,554,432.84. This represents a 20.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Edward P. Linnen sold 9,483 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $182.32, for a total transaction of $1,728,940.56. Following the transaction, the executive vice president directly owned 37,932 shares in the company, valued at $6,915,762.24. This trade represents a 20.00% decrease in their position. The SEC filing for this sale provides additional information. 50.48% of the stock is owned by corporate insiders.

Institutional Trading of Avis Budget Group

Hedge funds have recently bought and sold shares of the business. Quarry LP acquired a new position in Avis Budget Group during the fourth quarter worth $27,000. Northwestern Mutual Wealth Management Co. boosted its stake in Avis Budget Group by 26.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 363 shares of the business services provider’s stock valued at $58,000 after purchasing an additional 76 shares during the last quarter. Aster Capital Management DIFC Ltd lifted its holdings in shares of Avis Budget Group by 956.5% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 486 shares of the business services provider’s stock valued at $62,000 after purchasing an additional 440 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Avis Budget Group by 19.6% during the second 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 during the last quarter. Finally, Los Angeles Capital Management LLC bought a new stake in Avis Budget Group during the fourth quarter worth $78,000. Institutional investors and hedge funds own 96.35% of the company’s stock.

Avis Budget Group Company Profile

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.