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Avis Budget (CAR)
NASDAQ:CAR

Avis Budget (CAR) Stock Forecast & Price Target

951 Followers
See the Price Targets and Ratings of:

CAR Analyst Ratings

Strong Buy
8Ratings
6 Buy
2 Hold
0 Sell
Based on 8 analysts giving stock ratings to
Avis
Budget
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

CAR Stock 12 Month Forecast

Average Price Target

$176.75
▲(72.61% Upside)
Based on 8 Wall Street analysts offering 12 month price targets for Avis Budget in the last 3 months. The average price target is $176.75 with a high forecast of $240.00 and a low forecast of $130.00. The average price target represents a 72.61% change from the last price of $102.40.
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Highest Price Target$240.00Average Price Target$176.75Lowest Price Target$130.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Best Analysts Covering Avis Budget

Which Analyst Should I Follow If I Want to Buy CAR and Sell After:
1 Month
Adam JonasMorgan Stanley
Success Rate
14/21 ratings generated profit
67%
Average Return
+6.42%
reiterated a buy rating 9 days ago
Copying Adam Jonas's trades and holding each position for 1 Month would result in 66.67% of your transactions generating a profit, with an average return of +6.42% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
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3 Months
Adam JonasMorgan Stanley
Success Rate
14/21 ratings generated profit
67%
Average Return
+8.48%
reiterated a buy rating 9 days ago
Copying Adam Jonas's trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of +8.48% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
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1 Year
Adam JonasMorgan Stanley
Success Rate
12/21 ratings generated profit
57%
Average Return
+23.80%
reiterated a buy rating 9 days ago
Copying Adam Jonas's trades and holding each position for 1 Year would result in 57.14% of your transactions generating a profit, with an average return of +23.80% per trade.
2 Years
Adam JonasMorgan Stanley
Success Rate
13/21 ratings generated profit
62%
Average Return
+54.70%
reiterated a buy rating 9 days ago
Copying Adam Jonas's trades and holding each position for 2 Years would result in 61.90% of your transactions generating a profit, with an average return of +54.70% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

CAR Analyst Recommendation Trends

Rating
Dec 23
Jan 24
Feb 24
Mar 24
Apr 24
Strong Buy
1
0
3
3
4
Buy
1
2
2
4
3
Hold
3
2
2
1
3
Sell
1
1
2
1
1
Strong Sell
0
0
0
0
0
total
6
5
9
9
11
In the current month, CAR has received 7 Buy Ratings, 3 Hold Ratings, and 1 Sell Ratings. CAR average Analyst price target in the past 3 months is $176.75.
Each month's total comprises the sum of three months' worth of ratings.
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CAR Financial Forecast

CAR Earnings Forecast

Next quarter’s earnings estimate for CAR is -$2.40 with a range of -$3.77 to $0.20. The previous quarter’s EPS was $7.38. CAR beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 64.74% of the time in the same period. In the last calendar year CAR has Outperformed its overall industry.
Next quarter’s earnings estimate for CAR is -$2.40 with a range of -$3.77 to $0.20. The previous quarter’s EPS was $7.38. CAR beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 64.74% of the time in the same period. In the last calendar year CAR has Outperformed its overall industry.

CAR Sales Forecast

Next quarter’s sales forecast for CAR is $2.52B with a range of $2.44B to $2.57B. The previous quarter’s sales results were $2.76B. CAR beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 60.81% of the time in the same period. In the last calendar year CAR has Underperformed its overall industry.
Next quarter’s sales forecast for CAR is $2.52B with a range of $2.44B to $2.57B. The previous quarter’s sales results were $2.76B. CAR beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 60.81% of the time in the same period. In the last calendar year CAR has Underperformed its overall industry.

CAR Stock Forecast FAQ

What is CAR’s average 12-month price target, according to analysts?
Based on analyst ratings, Avis Budget’s 12-month average price target is $176.75.
    What is CAR’s upside potential, based on the analysts’ average price target?
    Avis Budget has 72.61% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is CAR a Buy, Sell or Hold?
          Avis Budget has a conensus rating of Strong Buy which is based on 6 buy ratings, 2 hold ratings and 0 sell ratings.
            What is Avis Budget’s price target?
            The average price target for Avis Budget is $176.75. This is based on 8 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $240.00 ,the lowest forecast is $130.00. The average price target represents 72.61% Increase from the current price of $102.4.
              What do analysts say about Avis Budget?
              Avis Budget’s analyst rating consensus is a Strong Buy. This is based on the ratings of 8 Wall Streets Analysts.
                How can I buy shares of CAR?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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