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Avis Budget ( (CAR) ) just unveiled an announcement.
On September 5, 2025, Avis Budget Group, Inc. amended its cooperation agreement with SRS Investment Management, LLC, increasing SRS’s voting cap from 35% to 45%. The amendment also sets the board size at five or six directors as long as SRS owns at least 10% of voting securities, with no more than two directors affiliated with SRS. Additionally, restrictions are placed on share transfers to maintain board composition and voting structures.
The most recent analyst rating on (CAR) stock is a Hold with a $153.00 price target. To see the full list of analyst forecasts on Avis Budget stock, see the CAR Stock Forecast page.
Spark’s Take on CAR Stock
According to Spark, TipRanks’ AI Analyst, CAR is a Neutral.
Avis Budget’s overall stock score is primarily impacted by its financial instability, with high leverage and negative equity posing significant risks. The technical analysis suggests mixed signals, while the valuation is challenged by a negative P/E ratio. The earnings call provides some optimism with strategic initiatives, but operational challenges remain a concern.
To see Spark’s full report on CAR stock, click here.
More about Avis Budget
Avis Budget Group, Inc. operates in the vehicle rental industry, offering car and truck rentals through its Avis and Budget brands. The company focuses on providing mobility solutions to consumers and businesses globally.
Average Trading Volume: 1,219,543
Technical Sentiment Signal: Strong Buy
Current Market Cap: $5.5B
Learn more about CAR stock on TipRanks’ Stock Analysis page.