JP Morgan Rates Avis Budget (CAR) sell, $170 Price Target
JP Morgan keeps its sell rating on Avis Budget Group with a $170 price target, a 2.91% upside from the current price.
Reviewed by automated data checks against the source data. How we make and check alerts
JP Morgan rated Avis Budget Group, Inc. ($CAR) "sell" with a $170 price target on June 23, 2026.
Since the rating, $CAR is down 22.4% after 1 week, down 16.5% after 1 month and down 46.0% to date (from the $190.46 close on Jun 23, 2026).
CAR
Avis Budget Group, Inc.
Key Points
- JP Morgan reiterated its sell rating on Avis Budget Group, Inc. (CAR) with a price target of $170.
- JP Morgan's $170 price target implies 2.91% upside from Avis Budget Group, Inc.'s ($CAR) current $165.20 share price.
- Shares of Avis Budget Group traded near $186.28 on Tuesday, with a 52-week range of $85.96 to $847.70.
- Other analysts have varied opinions, with Barclays recently upgrading the stock to hold with a $160 target.
Get $CAR trade alerts by text
We text you when insiders, Congress or big funds trade $CAR. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Avis Budget Group, Inc. alert may contain errors. Disclosures
JP Morgan has reiterated its sell rating on Avis Budget Group, Inc. (NasdaqGS: CAR), maintaining a price target of $170. This decision was made on June 23, 2026, as the stock traded around $186.28 on Tuesday.
JP Morgan vs. the S&P 500
Hypothetical returns from JP Morgan's disclosed trades, not real profit or advice. How we model this.
Analysts Set New Price Targets
On June 23, 2026, JP Morgan maintained its sell rating on Avis Budget Group with a price target of $170. This follows their previous similar stance on June 9, 2026, with a target of $155. Meanwhile, Barclays upgraded the stock to a hold rating with a $160 target on June 8, 2026. Morgan Stanley and Susquehanna have maintained their hold ratings with targets of $99 and $140, respectively.
Avis Budget Group, Inc. Stock Up 54.8%
Shares of Avis Budget Group traded near $186.28 on Tuesday. The company has a market cap of approximately $6.58 billion and a forward P/E ratio of 22.59, indicating expectations of future earnings growth. With a beta of 1.872, the stock is more volatile than the broader market. Its 52-week low is $85.96, and it reached a high of $847.70. The 50-day moving average stands at $227.43, while the 200-day moving average is $157.50. Avis Budget Group's current ratio is 0.775, and its quick ratio is 0.604, reflecting its liquidity position.
$CAR price target
Avis Budget Group, Inc. daily closes and this analyst's $170 target. Not advice.
Insider Buying and Selling at Avis Budget Group, Inc.
Insider activity at Avis Budget Group shows several sales. Pentwater Capital Management LP sold 2,692,100 shares at an average price of $272.11 on April 23, 2026. Additionally, Edward Linnen, EVP and Chief HR Officer, sold 9,483 shares at $182.32 on April 30, 2026, while Ravi Simhambhatla, EVP and CDIO, sold 3,469 shares at $184.09 on the same day.
About Avis Budget Group
Avis Budget Group, Inc. operates in the rental and leasing services industry, providing car and truck rentals along with car-sharing services worldwide. Headquartered in Parsippany, New Jersey, the company serves both commercial and leisure markets through brands like Avis, Budget, and Zipcar. Avis Budget Group is led by CEO Brian J. Choi and employs around 17,000 people.
Bottom Line
JP Morgan's reiterated sell rating on Avis Budget Group reflects ongoing caution about the stock's future performance. While shares are currently trading above the analyst's target, investors should note that analyst ratings are subject to change. This update provides a snapshot of the current analyst sentiment, which can help investors gauge market expectations and sentiment around Avis Budget Group.
Related Filing Alerts
Source: JP Morgan's rating change on $CAR (Jun 23, 2026). Written by software, not financial advice. How we make alerts