13h agoThe Motley FoolBEARISH 32General
Why Avis Budget Stock Crashed Today
Avis Budget lost money in 2025. 2026 will probably be better than that -- but still not good enough for Wall Street.
Why Is AVIS BUDGET GROUP IN (CAR) Stock Moving Today?
By the Top Tier Newswire AI Desk · July 29, 2026 at 9:49 AM ET · reviewed against 8 wire stories
AVIS BUDGET GROUP IN (CAR) is drawing unusual attention today. Our newswire has captured 8 stories on CAR across 5 sources in the last 36 hours, with AI sentiment reading mixed (avg 51/100).
Why CAR stock is down today
Avis Budget Group stock fell by 10.53% to $148.80 in a session marked by a sharp gap down of 12.3% from the prior close of $166.32. The decline came after the company reported second-quarter results that missed earnings and revenue expectations. The stock’s intraday movement reflected early weakness, with a low of $142.00 before recovering slightly to close at $148.80.
What Happened
Avis Budget Group reported Q2 adjusted earnings per share of $0.98, below the estimated $1.80. Revenue came in at $2.998 billion, missing the projected $3.101 billion. The results were broadly seen as a disappointment, with Barron's and Seeking Alpha both highlighting the earnings miss as a key driver of the stock's decline. In addition, the company’s partnership with Verra Mobility on a new tolling and violations services contract, while notable, did not appear to offset concerns about Avis’s performance. The new agreement, which gives Avis the option to perform certain activities internally, was described in some reports as materially less favorable to Verra Mobility than the previous arrangement.
What The Data Shows
The stock opened at $145.84 and briefly hit a high of $156.30 before settling at $148.80. The session saw a volume of 0.1 million shares, which is 0.0 times the 3-month average. Over the past eight sessions, the stock had risen 6.5% from $156.21 to $166.32. Avis Budget Group has an unprofitable earnings history, with a trailing twelve-month EPS of -18.94 and a net margin of -5.7%. The stock has a beta of 1.90, indicating higher volatility than the market. Recent insider transactions show three sales totaling $1.8 billion, with the most recent filing on May 12, 2026.
What To Watch
Avis Budget Group does not have an upcoming earnings date listed. Investors should monitor the breadth of coverage and any follow-up analysis from analysts, particularly in light of the recent Goldman Sachs Sell rating and raised price target to $95.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Not financial advice.
CAR by the numbers
7 sessions: -3.38%Coverage: 8 stories / 5 sourcesAI sentiment: 51/100 (mixed)Mkt cap: $5.8B52w: $85.96 to $847.70
The headlines behind the move
14h agoSeeking AlphaBULLISH 63Earnings
Avis budget targets $850M-$1B full-year adjusted EBITDA while expecting Q3 RPD roughly flat year-over-year
Avis Budget (CAR) Q2 2026 earnings call recap: demand shift, fleet cuts, record utilization, $850M-$1B EBITDA guide, $650M settlement & Waymo.
14h agoSeeking AlphaNEUTRAL 50Earnings
Avis Budget Group, Inc. (CAR) Q2 2026 Earnings Call Transcript
Avis Budget Group, Inc. (CAR) Q2 2026 Earnings Call July 29, 2026 8:30 AM EDTCompany ParticipantsDavid Calabria - Treasurer & Senior VP of Corporate...
19h agoInvestorsHubBULLISH 71General
Verra Mobility Shares Jump on New Long-Term Agreement With Avis Budget
Verra Mobility (NASDAQ:VRRM) shares surged after the company reached a framework agreement with Avis Budget Group for a new seven-year tolling and violations services contract, extending a partnership spanning nearly two decades.
21h agoBarron'sBEARISH 32Earnings
Avis Stock Is Tumbling. Inside the Shift in Rental Trends That Drove a Massive Earnings Miss.
The company fell short of expectations on both earnings per share and revenue in the second quarter.
22h agoTipRanksBULLISH 56Product/PR
Verra Mobility, Avis Renew Tolling Partnership Under New Terms
The latest update is out from Verra Mobility ( ($VRRM) ). On July 28, 2026, Verra Mobility announced it had reached agreement with Avis Budget Group on key commerci...
1d agoSeeking AlphaNEUTRAL 50General
Biggest stock movers Wednesday: F, CAR, and more
Stock futures rise as investors await the Fed decision and big tech earnings.
1d agoThe Motley FoolBULLISH 56Analyst
Is Avis Budget Group a Buy After Its Latest Earnings Report?
Avis delivered some key cost improvements but faced macro headwinds in the second quarter.
Frequently asked questions
Why is CAR stock moving today?
AVIS BUDGET GROUP IN (CAR) is drawing unusual attention today. Our newswire has captured 8 stories on CAR across 5 sources in the last 36 hours, with AI sentiment reading mixed (avg 51/100). The most recent driver: "Why Avis Budget Stock Crashed Today" (The Motley Fool).
Is CAR a buy right now?
Top Tier Newswire does not give financial advice. Our AI sentiment across the last 36 hours of CAR coverage reads 51/100 over 8 stories; treat it as a research signal and do your own diligence.
How fast does this page update?
The data sections refresh continuously as the newswire lands coverage; the written analysis is published once per trading day. Pro subscribers additionally get real-time push alerts, watchlists, and the full live terminal.
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More on CAR: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier CAR move explainers: 2026-07-29