CAR

Over the past six months, Avis Budget Group's stock experienced significant volatility, declining 25.37% from September 22, 2025, to September 18, 2026, and 25.62% over the last year. The stock saw a 52-week high of $847.70 on April 22, 2026, and a low of $85.96 on February 24, 2026. A 'historic short squeeze' in April 2026 propelled shares to $765.94 before a 74.51% collapse, leading to class-action lawsuits alleging market manipulation by Pentwater Capital Management LP. Pentwater agreed to pay $650 million to settle alleged Section 16(b) violations. In March and early April 2026, the stock surged over 15% due to anticipated increased car rental demand from airport disruptions. On July 28, 2026, the company missed quarterly earnings expectations, reporting $0.98 EPS against an estimated $2.05, and revenue of $3 billion versus a $3.1 billion forecast, causing a 5.6% share drop on September 22, 2026. Analyst sentiment has been cautious, with Zacks Research upgrading to 'hold,' Morgan Stanley reducing its price objective to $95.00, Weiss Ratings reaffirming 'sell,' Goldman Sachs Group lifting its target to $95.00 but maintaining 'sell,' and JPMorgan Chase & Co. boosting its target to $170.00 but assigning an 'underweight' rating. The stock currently holds a consensus 'Reduce' rating.