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Avis Budget ( (CAR) ) has provided an update.
On May 14, 2025, Avis Budget Group, Inc. held its 2025 Annual Meeting of Shareholders where several key proposals were voted on. The election of directors and the ratification of Deloitte & Touche LLP as auditors were approved. However, proposals to amend the charter to remove supermajority vote requirements and revise vote requirements for certain by-law amendments were not approved. Notably, the proposal to revise vote requirements for the removal of directors and allocate voting privileges over charter amendments affecting preferred stockholders were approved, indicating a shift in governance structure.
The most recent analyst rating on (CAR) stock is a Buy with a $155.00 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 Group’s overall stock score reflects a challenging financial environment marked by negative net income and high leverage. While technical indicators suggest strong market interest, the valuation remains unattractive due to negative earnings. Earnings call insights show operational efficiencies but highlight financial difficulties that need addressing.
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, providing car and truck rentals to consumers and businesses globally. The company focuses on offering a range of mobility solutions and is a key player in the car rental market.
Average Trading Volume: 1,627,582
Technical Sentiment Signal: Buy
Current Market Cap: $3.83B
For an in-depth examination of CAR stock, go to TipRanks’ Stock Analysis page.