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Avis Budget ( (CAR) ) just unveiled an update.
On July 16, 2025, Avis Budget Group, Inc. and its subsidiaries refinanced their existing tranche B term loans with new repriced loans under a Tenth Amendment to their credit agreement with JPMorgan Chase Bank. The new loans, amounting to $1,148,846,850, will mature in 2032 and offer a choice of interest rates. This refinancing is part of Avis Budget’s financial strategy to manage its debt obligations effectively.
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’s overall stock score reflects a challenging financial environment characterized by negative earnings and high leverage, offset by strong technical momentum and strategic corporate actions. While technical indicators show bullish momentum, the financial instability and valuation concerns weigh heavily, suggesting cautious optimism.
To see Spark’s full report on CAR stock, click here.
More about Avis Budget
Avis Budget Group, Inc. operates in the car rental industry, providing vehicle rental services through its subsidiaries, Avis Budget Holdings, LLC and Avis Budget Car Rental, LLC. The company focuses on offering car rental solutions to a diverse market, including business and leisure travelers.
Average Trading Volume: 1,364,463
Technical Sentiment Signal: Buy
Current Market Cap: $6.77B
For an in-depth examination of CAR stock, go to TipRanks’ Overview page.