- Avis Budget Group (CAR, Financial) is expected to benefit significantly from increasing travel demand, with potential earnings growth projected for 2025.
- The stock's average price target suggests a nearly 49% upside from its current valuation.
- GuruFocus estimates a substantial upside based on GF Value, reinforcing a bullish outlook on the stock.
Avis Budget Group's Financial Performance Overview
Avis Budget Group Inc. (CAR), a prominent player in the mobility solutions sector, owns renowned brands such as Avis and Budget. In the wake of the pandemic, the company experienced a resurgence in travel, which contributed to its 2024 revenue reaching $11.8 billion, despite reporting a net loss of $1.8 billion. Looking ahead, there is optimism in the market as projections highlight potential earnings that could nearly double in 2025, spurred by a robust demand for car rentals.
Wall Street Analysts' Insights
Wall Street analysts have set a one-year price target for Avis Budget Group Inc. (CAR, Financial), with figures derived from evaluations by seven experts. The average price target is $108.29, with forecasts ranging from a high of $138.00 to a low of $95.00. This average target suggests a promising upside of 48.97% from the current market price of $72.69. Investors seeking more comprehensive estimates can visit the Avis Budget Group Inc (CAR) Forecast page for additional information.
Brokerage Recommendations
According to data compiled from nine brokerage firms, Avis Budget Group Inc. (CAR, Financial) receives an average brokerage recommendation rating of 2.2, which corresponds to an "Outperform" status. The rating system spans from 1 to 5, where 1 indicates a Strong Buy and 5 denotes a Sell.
Long-Term Valuation Potential
Insights from GuruFocus estimates reveal a projected GF Value for Avis Budget Group Inc. (CAR, Financial) in the coming year at $218.26. This valuation implies a remarkable upside of 200.26% from the current share price of $72.69. The GF Value metric represents GuruFocus' assessment of the stock's fair market value, calculated using historical trading multiples, past business growth, and forward-looking business performance projections. For further insights and detailed data, investors can explore the Avis Budget Group Inc (CAR) Summary page.
