
CAR Stock Forecast & Price Target
CAR Analyst Ratings
Bulls say
Avis Budget Gr is a provider of mobility solutions that is facing near-term challenges with excess supply in key markets and a potential wait-and-see approach by investors. However, its focus on occupancy over rent growth, potential streamlining of leasing and operations, and low-hanging fruit in asset sales suggest potential for longer-term upside once market fundamentals turn. Additionally, the company's NAVPU and discount to its intact NAV suggest substantial potential for growth.
Bears say
Avis Budget Gr is facing headwinds in its car rental and car sharing operations, with incentives and lease spreads hitting record lows, leading to negative growth in revenue and affopu. Additionally, the company's new CEO is stepping in at a challenging time and it will take time for the company to see a recovery. The company's financials, including liquidity and leverage, have also worsened. Despite a relatively attractive valuation, we maintain a negative outlook and advise caution to investors.
This aggregate rating is based on analysts' research of Avis Budget Group and is not a guaranteed prediction by Public.com or investment advice.
CAR Analyst Forecast & Price Prediction
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