Avis Budget Group (CAR) News Today

Avis Budget Group, Inc. (NASDAQ:CAR): Shares are trading higher following a wave of analyst revisions. Bullish upgrades from Zacks Research on out-year earnings have been partially offset by fresh downgrades from Bank of America and B of A Securities.

• Positive Sentiment: Zacks Research raised its Q2 2027 EPS estimate to $2.95 from $1.89.
• Positive Sentiment: Zacks also increased its Q1 2027 EPS forecast to $1.56 from $1.04.
• Positive Sentiment: The firm upped its Q4 2026 EPS outlook to $1.41 from $0.81.
• Positive Sentiment: Zacks boosted its Q3 2026 EPS projection to $6.56 from $4.95.
• Positive Sentiment: FY 2027 EPS estimates jumped to $10.32 from $6.75.
• Positive Sentiment: FY 2026 EPS forecast was lifted to $9.56 from $8.29.
• Negative Sentiment: Zacks cut its Q3 2025 EPS estimate to $8.99 from $10.01.
• Negative Sentiment: Q1 2026 EPS projection was lowered to ($1.83) from ($0.93).
• Negative Sentiment: Zacks trimmed its Q2 2026 outlook slightly to $3.42 from $3.46.
• Negative Sentiment: Its Q4 2025 EPS estimate fell to $0.86 from $0.93.
• Negative Sentiment: FY 2025 earnings expectations dropped to ($4.40) from ($1.67).
• Negative Sentiment: Bank of America reissued an “underperform” rating and lowered its price target to $113 from $120. Avis Budget Group (NASDAQ:CAR) Earns Underperform Rating from Bank of America
• Negative Sentiment: B of A Securities also downgraded Avis Budget Group (CAR). B of A Securities Downgrades Avis Budget Group (CAR)