Avis Budget Issues $736.5M Asset-Backed Securities

Avis Budget ( (CAR) ) has shared an announcement.

On May 28, 2025, Avis Budget‘s subsidiary, Avis Budget Rental Car Funding (AESOP) LLC, issued $736.5 million in asset-backed securities with maturities of three and five years. These securities are secured by vehicles in the company’s domestic fleet and other related assets, indicating a strategic move to leverage its existing assets for financial growth and stability.

The most recent analyst rating on (CAR) stock is a Buy with a $140.00 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 operates in the vehicle rental industry, providing car and truck rental services to both commercial and leisure customers. The company is known for its Avis and Budget brands and focuses on offering a wide range of vehicles and rental solutions globally.

Average Trading Volume: 1,666,423

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.29B

For detailed information about CAR stock, go to TipRanks’ Stock Analysis page.