Update shared on06 Aug 2025
Fair value Increased 18%The notable upward revision in Avis Budget Group’s consensus price target is driven by higher future P/E multiples and improved revenue growth forecasts, raising fair value estimates from $125 to $148.
What's in the News
- Avis Budget Group announced a multi-year strategic partnership with Waymo to provide fleet operations for Waymo's autonomous ride-hailing service in Dallas, supporting infrastructure, maintenance, and depot operations, with public launch scheduled for 2026.
- Launched "Avis First," a premium, concierge-level car rental experience aimed at elevating customer experience and broadening market appeal.
- Appointed Daniel Cunha as Chief Financial Officer, replacing Izzy Martins, with transition support through August.
- CEO Joe Ferraro will step down and transition to Board Advisor; Brian Choi, Chief Transformation Officer, will become CEO.
- Approved amendments to company bylaws, revising director removal vote requirements, allocating certain voting privileges to preferred stockholders, and allowing officer exculpation under Delaware law.
Valuation Changes
Summary of Valuation Changes for Avis Budget Group
- The Consensus Analyst Price Target has significantly risen from $125.00 to $148.00.
- The Future P/E for Avis Budget Group has significantly risen from 5.70x to 7.66x.
- The Consensus Revenue Growth forecasts for Avis Budget Group has significantly risen from 1.4% per annum to 1.6% per annum.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.