Avis Budget Group, Inc. (CAR)

Over the past six months, Avis Budget Group's stock price has been influenced by several events. The company reported its third-quarter 2025 results on October 27, 2025, with revenues of $3.5 billion, net income of $360 million, and adjusted EBITDA of $559 million. In January 2026, news surfaced regarding Zipcar's decision to close its Seaport headquarters and cut over 100 jobs. As of February 6, 2026, the stock closed at $120.42. The 52-week high for Avis Budget Group stock was $212.81, and the 52-week low was $54.03.

Demand for Avis Budget Group's products and services is subject to seasonal fluctuations. Peak seasons typically occur during holidays such as Christmas, New Year's, and Thanksgiving, as well as during the summer travel months. Special events like Spring Break can also drive increased demand. Residual values for vehicles tend to drop in September and October, level off in November and December, and then climb back up from January through April.

Avis Budget Group, Inc. operates in the transportation and travel services sector, offering car rental and car-sharing services. The company provides daily, weekly, and monthly car rentals, as well as truck rentals and car-sharing services. Its major brands include Avis Car Rental, Budget Rent a Car, Budget Truck Rental, Zipcar, and Payless Car Rental. The company leverages technology to enhance efficiency and customer satisfaction, including investments in EV infrastructure and fleet management for autonomous vehicles.

Avis Budget Group has a significant global presence, serving customers across approximately 11,000 rental locations in over 180 countries worldwide.

Avis Budget Group is recognized for its commitment to customer service and a comprehensive fleet of vehicles. The company has focused on enhancing its customer experience, exemplified by the launch of "Avis First." The company also highlights its efforts in corporate responsibility, including providing sustainable mobility options and implementing sustainability practices at its global locations.

Avis Budget Group, Inc. has a substantial number of institutional owners and shareholders, including SRS Investment Management, LLC, Pentwater Capital Management LP, UBS Group AG, HSBC Holdings Plc, BlackRock, Inc., and The Vanguard Group, Inc.