Avis Budget Group (CAR) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Avis Budget Group (CAR) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 3, 2024 (21:28)

Sector: Industrials

The share price of Avis Budget Group, Inc. (CAR) now

Latest session on the 2nd of May for
Avis Budget Group, Inc. is positive
Trading Volume: 2401349
Open: 110.27 /  High: 118.44 /  Low: 109.45
What analysts predict: $153.86
52-week High/Low: $232.73 / $93.53

50/200 Day Moving Average: $110.72 / $168.8

This figure corresponds to the Average Price over the previous 50/200 days. For Avis Budget Group stocks, the 50-day moving average is the support level today.

For Avis Budget Group stocks, the 200-day moving average is the resistance level today.

Are you interested in Avis Budget Group, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Avis Budget Group stock price in 2024, 2025, 2026, 2027, 2028. How much will one Avis Budget Group share be worth in 2024 - 2028?

When should I take profit in Avis Budget Group stock? When should I record a loss on Avis Budget Group stock? What are analysts' forecasts for Avis Budget Group stock? What is the future of Avis Budget Group stock? We forecast Avis Budget Group stock performance using neural networks based on historical data on Avis Budget Group stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Avis Budget Group stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Avis Budget Group shares. This happens once a day.


Historical and forecast chart of Avis Budget Group stock

The chart below shows the historical price of Avis Budget Group stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Avis Budget Group stock price can be found in the table below.

Long-term forecasts by years.

Avis Budget Group is an American holding company that unites a group of car rental companies: Avis Car Rental, Budget Car Rental, Budget Truck Rental, Payless Car Rental, Apex Car Rentals, Maggiore Group and Zipcar. The company is headquartered in Parsippany, New Jersey, USA. Since 2011, Avis Budget has been the leading public car rental company in North America, Australia and New Zealand.

Avis Budget Group daily forecast for a month

Date Target Pes. Opt. Vol., %
May 05 121.07 118.55 123.68 4.33
May 06 121.84 119.45 124.57 4.28
May 07 120.67 118.98 121.88 2.43
May 08 116.47 115.35 119.36 3.47
May 09 116.98 115.96 119.04 2.66
May 10 119.28 116.56 122.86 5.40
May 11 119.99 117.02 122.15 4.39
May 12 119.08 117.41 121.13 3.16
May 13 123.37 122.18 124.40 1.82
May 14 122.18 118.91 123.31 3.70
May 15 122.43 120.76 124.93 3.45
May 16 120.47 117.92 122.54 3.92
May 17 125.10 124.09 127.95 3.10
May 18 128.90 125.24 132.97 6.18
May 19 131.22 128.12 132.48 3.40
May 20 130.33 126.89 134.18 5.75
May 21 130.38 126.88 133.72 5.38
May 22 130.53 127.19 134.45 5.71
May 23 130.33 128.24 131.99 2.93
May 24 132.46 129.71 134.11 3.39
May 25 133.42 129.47 137.10 5.89
May 26 128.93 126.41 131.62 4.12
May 27 132.18 129.43 133.24 2.94
May 28 131.87 129.12 133.82 3.64
May 29 134.87 132.23 137.57 4.04
May 30 135.84 133.78 137.75 2.97
May 31 131.39 129.08 132.70 2.81
Jun 01 130.65 126.99 132.79 4.57
Jun 02 127.05 123.23 128.88 4.58
Jun 03 126.13 124.52 129.16 3.73

Avis Budget Group Daily Price Targets


Avis Budget Group Stock Forecast 05-05-2024.

Forecast target price for 05-05-2024: $121.07.
Positive dynamics for Avis Budget Group shares will prevail with possible volatility of 4.150%.
Pessimistic target level: 118.55
Optimistic target level: 123.68

Avis Budget Group Stock Forecast 05-06-2024.

Forecast target price for 05-06-2024: $121.84.
Positive dynamics for Avis Budget Group shares will prevail with possible volatility of 4.108%.
Pessimistic target level: 119.45
Optimistic target level: 124.57

Avis Budget Group Stock Forecast 05-07-2024.

Forecast target price for 05-07-2024: $120.67.
Negative dynamics for Avis Budget Group shares will prevail with possible volatility of 2.376%.
Pessimistic target level: 118.98
Optimistic target level: 121.88

Avis Budget Group Stock Forecast 05-08-2024.

Forecast target price for 05-08-2024: $116.47.
Negative dynamics for Avis Budget Group shares will prevail with possible volatility of 3.356%.
Pessimistic target level: 115.35
Optimistic target level: 119.36

Avis Budget Group Stock Forecast 05-09-2024.

Forecast target price for 05-09-2024: $116.98.
Positive dynamics for Avis Budget Group shares will prevail with possible volatility of 2.594%.
Pessimistic target level: 115.96
Optimistic target level: 119.04

Avis Budget Group Stock Forecast 05-10-2024.

Forecast target price for 05-10-2024: $119.28.
Positive dynamics for Avis Budget Group shares will prevail with possible volatility of 5.126%.
Pessimistic target level: 116.56
Optimistic target level: 122.86

CAR (CAR) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 103.77 99.71 109.77 9.16
Jul. 112.77 99.35 119.09 16.58
Aug. 120.44 107.74 134.36 19.81
Sep. 125.55 117.44 140.50 16.41
Oct. 117.44 109.86 125.43 12.42
Nov. 122.04 112.08 137.59 18.55
Dec. 126.18 121.47 141.42 14.11

Avis Budget Group forecast for this year


Avis Budget Group Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $103.77. Pessimistic: $99.71. Optimistic: $109.77


Avis Budget Group Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $112.767. Pessimistic: $99.35. Optimistic: $119.09


Avis Budget Group Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $120.435. Pessimistic: $107.74. Optimistic: $134.36


Avis Budget Group Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $125.554. Pessimistic: $117.44. Optimistic: $140.50


Avis Budget Group Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $117.443. Pessimistic: $109.86. Optimistic: $125.43


Avis Budget Group Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $122.035. Pessimistic: $112.08. Optimistic: $137.59


Avis Budget Group Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $126.184. Pessimistic: $121.47. Optimistic: $141.42



Avis Budget Group (CAR) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 115.89 105.05 120.22 12.62
Feb 119.43 106.24 126.54 16.05
Mar 125.53 111.23 142.60 22.00
Apr 133.63 116.82 140.22 16.69
May 120.91 105.50 127.49 17.25
Jun 114.13 108.50 125.19 13.33
Jul 121.31 109.76 127.08 13.63
Aug 119.86 103.77 128.02 18.94
Sep 135.55 129.33 151.45 14.61
Oct 147.08 135.08 153.83 12.19
Nov 139.33 128.67 145.48 11.56
Dec 162.54 144.85 168.89 14.23

Avis Budget Group (CAR) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 153.97 140.88 169.68 16.97
Feb 155.80 141.50 176.46 19.81
Mar 166.93 149.90 174.31 14.00
Apr 145.36 129.05 161.67 20.18
May 167.35 150.57 181.86 17.21
Jun 180.16 160.86 187.81 14.35
Jul 172.19 161.66 185.07 12.65
Aug 176.58 167.58 187.09 10.43
Sep 186.79 179.17 205.21 12.69
Oct 178.22 171.55 190.34 9.87
Nov 171.55 149.10 191.68 22.21
Dec 162.80 148.13 179.96 17.69

Avis Budget Group (CAR) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 166.40 145.47 176.02 17.36
Feb 160.74 144.62 169.49 14.67
Mar 163.48 147.91 181.26 18.40
Apr 153.75 135.19 169.69 20.33
May 162.37 148.85 183.63 18.94
Jun 170.38 154.45 181.39 14.85
Jul 196.16 175.15 205.50 14.77
Aug 219.50 193.01 243.38 20.70
Sep 224.35 206.43 232.36 11.16
Oct 202.61 180.22 217.77 17.24
Nov 197.45 172.27 208.86 17.52
Dec 191.40 183.92 198.89 7.53

Avis Budget Group (CAR) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 219.06 203.42 236.19 13.87
Feb 233.96 203.33 249.07 18.36
Mar 235.95 214.29 249.18 14.00
Apr 270.04 254.89 300.34 15.13
May 248.01 238.73 261.50 8.71
Jun 239.15 218.01 249.72 12.70
Jul 232.65 205.36 243.72 15.74
Aug 257.96 223.31 273.31 18.29
Sep 257.96 236.03 272.43 13.36
Oct 252.26 238.11 260.83 8.71
Nov 209.80 196.61 237.27 17.14
Dec 182.70 169.03 191.70 11.83

Avis Budget Group information and performance

Avis Budget Group Address

6 SYLVAN WAY, PARSIPPANY, NJ, US

Market Capitalization: 3 377 572 000 $

Market capitalization of the Avis Budget Group, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of CAR shares in the company outstanding by the market price of one share.

EBITDA: 3 090 000 000 $

EBITDA of Avis Budget Group is earnings before interest, income tax and depreciation of assets.

PE Ratio: 2.252

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.76

Price/earnings to growth

DPS: N/A

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 42.08

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.288
Quarterly Revenue Growth YOY: -0.003
Trailing PE: 2.252

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 5.33

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 2.368

Enterprise Value (EV) /Revenue

EV To EBITDA: 5.3

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 35647200

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Avis Budget Group (CAR) stock dividend

Avis Budget Group last paid dividends on 12/14/2023. The next scheduled payment will be on 12/21/2023. The amount of dividends is $0 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.