CAR Stock Summary and Trading Ideas (Avis Budget Group | NASDAQ:CAR)

Avis Budget Group Inc is a provider of mobility solutions through its three brands Avis, Budget and Zipcar, as well as several other brands, well recognized in their respective markets. Its brands offer a range of options, from car and truck rental to car sharing. The company operates in two reportable business segments: Americas - (i) vehicle rental operations in North America, South America, Central America and the Caribbean, (ii) car sharing operations in certain of these markets, and (iii) licensees in the areas in which do not operate directly. International - consisting of (i) vehicle rental operations in Europe, the Middle East, Africa, Asia and Australasia, (ii) car sharing operations in certain of these markets, and (iii) licensees in the areas in which do not operate directly.

Avis Budget Group trades on the NASDAQ stock market under the symbol CAR.

As of March 6, 2026, CAR stock price climbed to $97.51 with 869,574 million shares trading.

CAR has a beta of 1.10, meaning it tends to be more sensitive to market movements. CAR has a correlation of 0.09 to the broad based SPY ETF.

CAR has a market cap of $3.43 billion. This is considered a Mid Cap stock.

Last quarter Avis Budget Group reported $3 billion in Revenue and -$21.25 earnings per share. This fell short of revenue expectation by $-78 million and missed earnings estimates by -$21.02.

In the last 3 years, CAR traded as high as $244.95 and as low as $54.03.

The top ETF exchange traded funds that CAR belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

CAR has outperformed the market in the last year with a price return of +32.1% while the SPY ETF gained +18.7%. However, in the short term, CAR had mixed performance relative to the market. It has underperformed in the last 3 months, returning -27.7% vs -1.7% return in SPY. But in the last 2 weeks, CAR shares have fared better than the market returning +1.1% compared to SPY -2.5%.

CAR support price is $92.56 and resistance is $101.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CAR shares will trade within this expected range on the day.