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Avis Budget Issues $793.2 Million in Asset-Backed Securities

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Avis Budget Issues $793.2 Million in Asset-Backed Securities

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Avis Budget ( (CAR) ) just unveiled an update.

On September 16, 2025, Avis Budget‘s subsidiary, Avis Budget Rental Car Funding (AESOP) LLC, issued $793.2 million in asset-backed securities with maturities of three and five years. These securities, secured by vehicles in the company’s domestic fleet, are structured into various classes of notes, with some retained for potential future sale. The issuance aims to comply with U.S. risk retention rules and involves commercial and investment banking services from various affiliates.

The most recent analyst rating on (CAR) stock is a Hold with a $151.00 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 significant financial challenges, including high leverage and negative equity. While there are positive developments in cash flow and strategic initiatives like Avis First and the Waymo partnership, these are overshadowed by operational hurdles and valuation concerns. The technical analysis also suggests a neutral to slightly bearish outlook, contributing to the overall cautious stance.

To see Spark’s full report on CAR stock, click here.

More about Avis Budget

Average Trading Volume: 1,177,510

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.39B

For a thorough assessment of CAR stock, go to TipRanks’ Stock Analysis page.

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