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Q3 2026 earnings • released • EPS miss -28.25% • Revenue beat +0.75%
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CAR:NASDAQ
Avis Budget Group Inc
$119.81
+9.58%
(+10.47) 1D
$118.00
-1.51% (-1.81)
After hours
Closed: Nov 4, 4:00:00 PM GMT-5  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for CAR...
Open
$110.74
High
$126.88
Low
$110.74
Mkt. cap
4.23B
Avg. vol.
412.87K
Volume
878.67K
52-wk high
$847.70
52-wk low
$85.97
EPS
-$18.15
Beta
1.94
Shares outstanding
35.33M
No. of employees
21K
Open
$110.74
High
$126.88
Low
$110.74
Mkt. cap
4.23B
Avg. vol.
412.87K
Volume
878.67K
52-wk high
$847.70
52-wk low
$85.97
EPS
-$18.15
Beta
1.94
Shares outstanding
35.33M
No. of employees
21K
News stories
From web sources and news partners
Profile
Avis Budget Group, Inc. is an American car rental agency holding company headquartered in Parsippany, New Jersey. It is one of the three big rental car holding companies in the United States. In 2021, it held a 26% market share, placing it behind both the Hertz Global Holdings and Enterprise Holdings. It is the parent company of several brands including Avis Car Rental, Budget Rent a Car, Budget Truck Rental, Payless Car Rental, and Zipcar. Wikipedia
About Avis Budget Group Inc
CEOBrian Choi
Employees21K
Founded1946
HeadquartersParsippany-Troy Hills, New Jersey, United States
SectorIndustry
Industry-
Websiteavisbudgetgroup.com
Analyst ratings
Based on 3 analysts giving stock ratings to CAR in the past 3 months
Sell
Buy
0
Hold
2
Sell
1
12-month forecast
Based on 3 Wall Street analysts offering 12 month price targets for CAR in the last 3 months.
Highest
Current $119.81
$115.00 (-4.01%)
Average
$105.00 (-12.36%)
Lowest
$95.00 (-20.71%)
Analyst
Recommendation
Action
Price target
Projected
Date
Dan Levy
Barclays
Hold
Maintained
$115.00
-4%
11/02/2026
Rajat Gupta CFA
J.P. Morgan
Sell
Reiterated
$105.00
-12.4%
10/08/2026
Andrew Percoco
Morgan Stanley
Hold
Reiterated
$95.00
-20.7%
09/11/2026
Christopher Stathoulopoulos
Susquehanna
Hold
Maintained
$140.00
+16.9%
07/30/2026
Chris Woronka
Deutsche Bank
Hold
Reiterated
$136.00
+13.5%
07/30/2026
Lizzie Dove
Goldman Sachs
Sell
Maintained
$94.00
-21.5%
07/29/2026
Ryan Brinkman
J.P. Morgan
Sell
Maintained
$170.00
+41.9%
06/23/2026
Unknown Analyst
Susquehanna
Hold
Maintained
$140.00
+16.9%
05/08/2026
Stephanie Moore
Jefferies
Hold
Downgraded
$160.00
+33.5%
04/30/2026
Last report
Nov 4, 2026
Fiscal period
Q3 2026
$5.63 / $7.84
-28.25%miss
Revenue / Est. (USD)
3.44B / 3.41B
+0.75%beat
Fiscal Q3 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Revenue
Net income
All values in USD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
3.52B
2.66B
2.53B
3.00B
Cost of goods sold
2.27B
2.09B
2.06B
2.08B
Cost of revenue
2.27B
2.09B
2.06B
2.08B
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
456.00M
345.00M
364.00M
411.00M
Operating expense
514.00M
402.00M
422.00M
471.00M
Total operating expenses
2.78B
2.50B
2.48B
2.55B
Operating income
737.00M
168.00M
46.00M
447.00M
Other non operating income
-1.00M
-2.00M
-4.00M
1.00M
EBT including unusual items
473.00M
-740.00M
-340.00M
73.00M
EBT excluding unusual items
378.00M
-174.00M
-298.00M
106.00M
Income tax expense
113.00M
116.00M
-106.00M
10.00M
Effective tax rate
23.89%
-15.68%
31.18%
13.70%
Other operating expenses
-
-
-
-
Net income
359.00M
-747.00M
-283.00M
35.00M
Net profit margin
10.20%
-28.04%
-11.19%
1.17%
Earnings per share
8.38
-4.69
-6.85
2.07
Interest and investment income
-
13.00M
-
-
Interest expense
-357.00M
-350.00M
-338.00M
-340.00M
Net interest expenses
-357.00M
-337.00M
-338.00M
-340.00M
Depreciation and amortization charges
58.00M
57.00M
58.00M
60.00M
EBITDA
795.00M
225.00M
104.00M
507.00M
Gain or loss from assets sale
-31.00M
-11.00M
-10.00M
-68.00M
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider
Position
Type
Date
Shares
Amount
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