New Risk • May 03
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €696k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (28% average weekly change). Minor Risk Significant insider selling over the past 3 months (€696k sold). Recent Insider Transactions • May 03
Insider recently sold €544k worth of stock On the 30th of April, Ravindra Simhambhatla sold around 3k shares on-market at roughly €157 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months. Reported Earnings • Apr 30
First quarter 2026 earnings released: US$8.02 loss per share (vs US$14.35 loss in 1Q 2025) First quarter 2026 results: US$8.02 loss per share (improved from US$14.35 loss in 1Q 2025). Revenue: US$2.53b (up 4.1% from 1Q 2025). Net loss: US$283.0m (loss narrowed 44% from 1Q 2025). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Transportation industry in Europe. Ankündigung • Apr 23
Avis Budget Group, Inc. to Report Q1, 2026 Results on Apr 29, 2026 Avis Budget Group, Inc. announced that they will report Q1, 2026 results at 7:00 AM, US Eastern Standard Time on Apr 29, 2026 Ankündigung • Apr 04
Avis Budget Group, Inc., Annual General Meeting, May 20, 2026 Avis Budget Group, Inc., Annual General Meeting, May 20, 2026. Buy Or Sell Opportunity • Apr 02
Now 35% overvalued after recent price rise Over the last 90 days, the stock has risen 42% to €156. The fair value is estimated to be €115, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Ankündigung • Mar 28
Avis Budget Group, Inc. has filed a Follow-on Equity Offering in the amount of $5 million. Avis Budget Group, Inc. has filed a Follow-on Equity Offering in the amount of $5 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Buy Or Sell Opportunity • Mar 16
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to €84.32. The fair value is estimated to be €108, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Feb 23
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 35% to €74.76. The fair value is estimated to be €97.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Feb 19
Full year 2025 earnings released: US$25.26 loss per share (vs US$51.30 loss in FY 2024) Full year 2025 results: US$25.26 loss per share (improved from US$51.30 loss in FY 2024). Revenue: US$11.7b (down 1.2% from FY 2024). Net loss: US$889.0m (loss narrowed 51% from FY 2024). Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Transportation industry in Europe. Ankündigung • Jan 16
Avis Budget Group, Inc. to Report Q4, 2025 Results on Feb 18, 2026 Avis Budget Group, Inc. announced that they will report Q4, 2025 results After-Market on Feb 18, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: US$10.20 (vs US$6.68 in 3Q 2024) Third quarter 2025 results: EPS: US$10.20 (up from US$6.68 in 3Q 2024). Revenue: US$3.52b (up 1.1% from 3Q 2024). Net income: US$359.0m (up 52% from 3Q 2024). Profit margin: 10% (up from 6.8% in 3Q 2024). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Transportation industry in Europe. Ankündigung • Oct 23
Avis Budget Group Announces European Launch of Avis First Avis Budget Group announced the European launch of Avis First, an innovative new premium service designed to transform the car rental experience for discerning travellers. From October 22, 2025, in Rome Fiumicino, Geneva International and Zurich Kloten Airports, Avis First will eliminate queues and hassle, offering a seamless, personalised journey from the moment of arrival. With many more locations to be launched very soon. Avis First introduces a true concierge-style service, where travellers are met directly at arrivals by a dedicated Avis representative. From there, they are personally escorted to their guaranteed premium BMW - be it a sophisticated 3, 4, or 5 Series, or a luxurious and practical X3 or X5 SUV - located just steps from the terminal. This bespoke service ensures an immediate, stress-free transition from plane to premium vehicle, allowing customers to bypass traditional rental counters entirely. Key benefits of the Avis First experience include: Personalised Concierge Service: A dedicated Avis representative meets at arrivals and escorts directly to vehicle. Guaranteed Premium BMW: Drive away in a high-spec BMW model, chosen for its comfort, style, and performance. Effortless Returns: Simply pull up to a dedicated area close to departures, hand over the keys, and head straight to gate. Dedicated Support: Access to a VIP phone line and a mobile app-driven reservation and pick-up communication system for ultimate control and convenience. AVIS on Apple and AVIS on Google Play. No Need To Refuel: return the car and we'll fill up at the same price would have paid yourself. Avis First is set to expand rapidly, with further European and Global locations planned throughout the coming year and beyond, solidifying Avis's commitment to innovation in premium travel. To learn more about Avis First and book elevated arrival experience, download AVIS on Apple andAVIS on Google Play. Alex gives his top tips for seamless travel through the airport. Skip the queues with trusted traveler programs like Global Entry (for International) and CLEAR (biometric fast) Don't forget to download an ESIM to stay connected on arrival. You could try Airalo, Nomad or Holafly. Download an in-airport navigation map for ease and speed moving around unfamiliar airports. something like Pointr,Gate Guru, or Navigine could work well. Don't forget to pre book an in terminal courtesy cart if have a tight connecting flight. Saves the dash with hand luggage. Saves the dash withhand luggage. Ankündigung • Oct 04
Avis Budget Group, Inc. to Report Q3, 2025 Results on Oct 27, 2025 Avis Budget Group, Inc. announced that they will report Q3, 2025 results After-Market on Oct 27, 2025 Recent Insider Transactions • Aug 19
Insider recently sold €1.3m worth of stock On the 15th of August, Edward Linnen sold around 10k shares on-market at roughly €134 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.8m more than they bought in the last 12 months. Reported Earnings • Jul 30
Second quarter 2025 earnings released: EPS: US$0.11 (vs US$0.39 in 2Q 2024) Second quarter 2025 results: EPS: US$0.11 (down from US$0.39 in 2Q 2024). Revenue: US$3.04b (flat on 2Q 2024). Net income: US$4.00m (down 71% from 2Q 2024). Profit margin: 0.1% (down from 0.5% in 2Q 2024). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Transportation industry in Europe. Ankündigung • Jul 23
Avis Budget Group, Inc. to Report Q2, 2025 Results on Jul 29, 2025 Avis Budget Group, Inc. announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Jul 29, 2025 Ankündigung • Jul 21
Avis Budget Group, Inc. Unveils Avis First Avis Budget Group, Inc. officially unveils Avis First: a premium, concierge-level car rental experience designed for people who expect more: more comfort, more control and more time back in their day. This isn't just a new tier. It's a whole new class of rental. And the best part, the product is priced for everyone, not just the select few. Avis First doesn't replace the traditional rental model, it reimagines it entirely. By offering a premium, concier ge-level experience, company's turned the everyday into the exceptional. Welcome to the new era of first-class car rental. Ankündigung • Jun 10
Avis Budget Group Announces CFO Changes Avis Budget Group, Inc. announced the appointment of Daniel Cunha as Chief Financial Officer, effective July 1, 2025. Mr. Cunha will lead ABG’s finance functions and partner with other senior leaders to set and deliver on the Company's long-term strategic and financial objectives. Izzy Martins will be leaving the Company on June 30, 2025, to pursue another opportunity. Mr. Cunha joins ABG from Orion Services Group, a private equity owned commercial field services company, where he served as CFO for the past year. Prior to Orion, Mr. Cunha was the CFO of Ocean Spray and Heinz North America. Mr. Cunha started his career at McKinsey & Company as a consultant and subsequently worked in private equity at GP Investments. He has a degree in Mechanical and Aeronautical Engineering from Instituto Tecnológico de Aeronáutica and an MBA from Harvard Business School. Ms. Martins will continue to advise the Company through August 31, 2025, to assist with the orderly transition of her duties to Mr. Cunha. Ankündigung • Jun 02
Avis Budget Group, Inc. Announces CEO Changes, Effective July 1, 2025 Avis Budget Group, Inc. announced that the Company’s Chief Executive Officer CEO Defendant Joseph A. Ferraro (“Ferraro”), will transition from CEO to Board Advisor, effective June 30, 2025 and that Brian Choi, the Company’s Chief Transformation Officer, will take over as CEO, effective July 1, 2025. Ankündigung • Apr 29
Pomerantz LLP Announces Class Action Lawsuit Files Against Avis Budget Group, Inc Pomerantz LLP announced that a class action lawsuit has been filed against Avis Budget Group, Inc. and certain officers. The class action, filed in the United States District Court for the District of New Jersey, and docketed under 25-cv-03332, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Avis Budget securities between February 16, 2024 and February 10, 2025, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials. The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Avis Budget crafted and implemented a plan to significantly accelerate its fleet rotation in the fourth quarter of 2024; (ii) the foregoing acceleration shortened the useful life of the majority of the Company's vehicles in the Americas segment, thereby reducing their recoverable value; (iii) as a result, Avis Budget would be forced to recognize billions of dollars in impairment charges and incur substantial losses; (iv) all the foregoing was likely to, and did, have a significant negative impact on the Company's financial results; (v) accordingly, Avis Budget's financial and/or business prospects were overstated; and (vi) as a result, Defendants' public statements were materially false and misleading at all relevant times. 
