CAR · Avis Budget Group, Inc. — research history
Complete research history. Every dossier, draft, kill, publish, and lesson the system has produced on CAR. Public so users can audit, AI can re-reference. Live price refreshes every 60s.
About CAR · Avis Budget Group, Inc.
Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia. The company operates the Avis brand, which offers vehicle rental and other mobility solutions to the commercial and leisure segments of the travel industry and the Zipcar brand, a car sharing network that offers vehicle rental and other mobility solutions comprising budget car rental and budget truck. It also operates various other car rental brands, such as Payless, Apex, Maggiore, Morini Rent, FranceCars, AmicoBlu, Turiscar, and ACL Hire and McNicoll vehicle Hire. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is based in Parsippany, New Jersey.
Live Quote
HOLD (score +1) · 12-1 mom -8.2% · RSI 53.4 · above_200_only · -73.3% from high
Targets blend Wall Street consensus (7 analysts: low $85.00 / mean $134.14 / high $170.00) with chart-derived floors and ceilings.
1-Year Chart · RSI · MACD
Research Timeline
Newest first. Each entry shows what stage produced it, the verdict/decision, and the reasoning.
Avis Budget just experienced one of the most violent short squeezes in recent market history — Pentwater Capital Management accumulated a reported ~39% economic interest through stock and cash-settled swaps, driving CAR from ~$148 (late March 2026) to $847.70 by April 21, before an immediate -75%+ crash back toward $150 as Q1 earnings disappointed with a deeper-than-expected loss (-$8.01 EPS vs -$7.50 estimate). Multiple insiders sold shares at elevated prices during and after the squeeze (EVP Linnen sold ~9,500 shrs April 30 at $182-183; EVP Simhambhatla sold 3,469 shrs same day at $184). The company's core business is deeply challenged — heavy fleet-debt load (~EV/EBITDA 21x), negative profit margins, and a forward P/E of ~19x on projected losses. Fleet financing was extended (April 30) but no fundamental catalyst for the squeeze remains. No open-market insider purchase cluster exists; all recent Form 4 activity from insiders is SELLING.
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