Avis Budget Group, Inc.
NASDAQ · us_market
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Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia. The company operates the Avis brand, which offers vehicle rental and other mobility solutions to the commercial and leisure segments of the travel industry and the Zipcar brand, a car sharing network that offers vehicle rental and other mobility solutions comprising budget car rental and budget truck. It also operates various other car rental brands, such as Payless, Apex, Maggiore, Morini Rent, FranceCars, AmicoBlu, Turiscar, and ACL Hire and McNicoll vehicle Hire. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is based in Parsippany, New Jersey.
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Check out the companies making headlines this week:
Avis plans not to renew a contract representing more than 10% of Verra's annual revenue.
Avis plans not to renew a contract representing more than 10% of Verra's annual revenue.
Avis Budget (CAR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Avis Budget (CAR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Analysts said the loss of a contract with Avis Budget threatens the smart mobility tech company’s ties to other rental car customers.
Analysts said the loss of a contract with Avis Budget threatens the smart mobility tech company’s ties to other rental car customers.
Avis Budget is expanding mobility partnerships and premium services as it positions itself beyond traditional car rentals.
Avis Budget is expanding mobility partnerships and premium services as it positions itself beyond traditional car rentals.
Investing.com -- Analysts turned sharply bearish on Verra Mobility after the company disclosed that longtime customer Avis Budget Group had terminated its tolling services contract, a move expected to wipe out roughly 13% to 14% of annual revenue and significantly pressure earnings.
Investing.com -- Analysts turned sharply bearish on Verra Mobility after the company disclosed that longtime customer Avis Budget Group had terminated its tolling services contract, a move expected to wipe out roughly 13% to 14% of annual revenue and significantly pressure earnings.
PARSIPPANY, N.J., May 27, 2026 (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 $300 million aggregate principal amount of additional 8.000% Senior Notes due 2031 (the “Notes”) in a private offering. The Notes will be issued as additional notes under the Indenture, dated as of November 22, 2023, pursuant to
Shares of traffic solutions company Verra Mobility (NASDAQ:VRRM) fell 72.7% in the morning session after its major customer, Avis Budget Group, terminated its service agreement, effective September 2026.
Shares of traffic solutions company Verra Mobility (NASDAQ:VRRM) fell 72.7% in the morning session after its major customer, Avis Budget Group, terminated its service agreement, effective September 2026.
Zscaler (ZS) shares plunged 31% intraday after the company issued a fiscal Q4 revenue outlook that m
Zscaler (ZS) shares plunged 31% intraday after the company issued a fiscal Q4 revenue outlook that m
TTEC's AI-driven turnaround, improving free cash flow and a stronger liquidity position it ahead of CAR's volatile recovery efforts.
TTEC's AI-driven turnaround, improving free cash flow and a stronger liquidity position it ahead of CAR's volatile recovery efforts.
| Fund | Style | Shares | Value | % of Port | Change vs. last quarter | Period |
|---|---|---|---|---|---|---|
| StateStreet | passive | 667.3K | $97.32M | 0.00% | Added+6.1% | 2026-03-31 |
| FidelityFMR | fundamental | 288.4K | $42.06M | 0.00% | Trimmed-36.5% | 2026-03-31 |
| DEShaw | quant | 119.8K | $17.48M | 0.01% | Trimmed-40.2% | 2026-03-31 |
| TwoSigma | quant | 14.9K | $2.17M | 0.00% | Trimmed-58.8% | 2026-03-31 |
| TRowePrice | fundamental | 18.2K | $2.66K | 0.00% | Added+11.6% | 2026-03-31 |
| Report Date | EPS Estimate | EPS Actual | Surprise |
|---|---|---|---|
| 2026-07-29upcoming | 1.81 | — | — |
| 2026-04-29 | -7.50 | -8.01 | -6.73% |
| 2026-02-18 | -0.19 | -21.25 | -11015.76% |
| 2025-10-27 | 7.90 | 10.11 | +27.92% |
| 2025-07-29 | 1.83 | 0.10 | -94.55% |
| 2025-05-07 | -5.86 | -5.23 | +10.76% |
| 2025-02-11 | -0.79 | -55.66 | -6939.69% |
| 2024-10-31 | 8.46 | 6.65 | -21.40% |
| 2024-08-05 | 2.45 | 0.41 | -83.26% |
| 2024-05-01 | -2.88 | -3.21 | -11.59% |
| 2024-02-12 | 4.32 | 7.10 | +64.40% |
| 2023-11-01 | 14.91 | 16.78 | +12.52% |
| 2023-07-31 | 9.40 | 11.29 | +20.07% |
| 2023-05-01 | 4.62 | 7.72 | +67.19% |
| 2023-02-13 | 7.62 | 10.10 | +32.49% |
| 2022-10-31 | 15.17 | 21.67 | +42.85% |
| 30d | 90d | YTD | 1y | |
|---|---|---|---|---|
| CAR | -5.23% | +81.32% | +37.03% | +44.38% |
| XLI | +0.10% | -1.32% | +11.61% | +21.22% |
| Alpha (stock − sector) | -5.33% | +82.63% | +25.42% | +23.16% |