$CAR

AVIS BUDGET GROUP, INC.

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No SEC Form 4 filings for $CAR in the last 30 days.

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The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 32

A weekly ASX short-selling recap (data lagged 4 days) lists the 10 most shorted stocks and the biggest changes in short interest. Healius entered the top ten, replacing Treasury Wine. Lotus Resources saw a 57.5% one-day short-interest dip after a $60m raise at 22c. Web Travel Group’s short interest fell ahead of a guidance beat and up to $90m buyback; shares rose 17.1%.

Avis Cuts Fleet as Summer Demand Trails Expectations

Avis Budget Group said it cut its Americas fleet after forward bookings and inbound travel for summer trailed initial expectations, citing weaker TSA passenger trends and fewer overseas visitors. Q2 Americas revenue fell 1.9% while adjusted EBITDA rose 7.7%. The company kept full-year adjusted EBITDA guidance at $850M to $1B and expects a similar mid-single-digit fleet decline in Q3.

Why Is Avis Budget Group (CAR) Dropping 6.2%?

Avis Budget Group shares fell 6.2% to $142.50 after a second-quarter earnings miss, according to the company and reported results. EPS was $0.98, 46.2% below analyst estimates. Revenue was $3.00B for the quarter ended June 2026, but the bottom-line miss drove the sell-off.

CAR sentiment & insider activity

Over the past 7 days, alphai's AI scored 2 news stories mentioning CAR (AVIS BUDGET GROUP, INC.). Coverage has been balanced: 0 bullish, 2 neutral, and 0 bearish.

Recent CAR coverage spans earnings, market movers and financial news.

What's driving CAR

alphai scores every news story that mentions CAR with an AI model for sentiment and relevance, and aggregates insider trades from AVIS BUDGET GROUP, INC.'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $CAR

Score

The 10 most shorted ASX stocks plus the biggest risers and fallers – Week 32

A weekly ASX short-selling recap (data lagged 4 days) lists the 10 most shorted stocks and the biggest changes in short interest. Healius entered the top ten, replacing Treasury Wine. Lotus Resources saw a 57.5% one-day short-interest dip after a $60m raise at 22c. Web Travel Group’s short interest fell ahead of a guidance beat and up to $90m buyback; shares rose 17.1%.

Avis Cuts Fleet as Summer Demand Trails Expectations

Avis Budget Group said it cut its Americas fleet after forward bookings and inbound travel for summer trailed initial expectations, citing weaker TSA passenger trends and fewer overseas visitors. Q2 Americas revenue fell 1.9% while adjusted EBITDA rose 7.7%. The company kept full-year adjusted EBITDA guidance at $850M to $1B and expects a similar mid-single-digit fleet decline in Q3.

$CARMedAI 8/10

Why Is Avis Budget Group (CAR) Dropping 6.2%?

Avis Budget Group shares fell 6.2% to $142.50 after a second-quarter earnings miss, according to the company and reported results. EPS was $0.98, 46.2% below analyst estimates. Revenue was $3.00B for the quarter ended June 2026, but the bottom-line miss drove the sell-off.

$MSFTMed

Stocks Plunge on a Rout in Chipmakers and a Hawkish Fed Hold

Sep WTI crude oil prices (CLU26) jumped by more than +6% on Wednesday as the recent lull in hostilities came to an abrupt end after the Islamic Revolutionary Guard Corps (IRGC) said it targeted a US airbase and command center in Jordan with ballistic missiles. The IRGC also claimed to have hit and halted three tankers attempting to transit through the Strait of Hormuz.

$MSFTMed

Stocks Tumble as Chipmakers Plunge, Oil Spikes

US MBA mortgage applications fell -6.4% in the week ended July 24, with the purchase mortgage sub-index down -3.6% and the refinancing mortgage sub-index down -9.9%. The average 30-year fixed rate mortgage rose +7 bp to an 11.5-month high of 6.76% from 6.69% the prior week. The outlook for strong Q2 earnings, which continue this week, is a bullish factor for stocks.

$MSFTMed

Stocks Pressured by Renewed US-Iran Hostilities

The outlook for strong Q2 earnings, which continue this week, is a bullish factor for stocks. The markets are awaiting results from a raft of megacap technology companies this week, including Microsoft and Meta Platforms today, and Amazon.com and Apple on Thursday. Forecasts compiled by Bloomberg Intelligence suggest Q2 earnings may increase by +23%, close to Q1's blowout earnings of +30%, which was more than double the +12% analysts had expected.

$CARMedAI 8/10

Why Avis Budget Stock Crashed Today

Avis Budget Group (CAR) shares fell about 6.9% after Q2 results missed expectations. Analysts expected EPS of $2.07 on $3.1B revenue; reported EPS was $0.98 and revenue $3.0B. Vehicle utilization rose to 72.6% and per-unit fleet costs fell 4%, but revenue declined 1% YoY. Avis provided no guidance.

$CARMed

Is Avis Budget Group a Buy After Its Latest Earnings Report?

Avis Budget Group (Nasdaq: CAR) reported Q2 revenue down 1% to $3.0B, below the $3.11B estimate. Adjusted EBITDA rose 3% to $286M, and GAAP EPS rose from $0.10 to $0.98, though it missed $1.91. Vehicle utilization hit record highs and per-unit fleet costs fell 4% to $290/month. The stock fell about 13% after hours.

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