Hertz Stock Hit by Lower Price Targets from Barclays and Jefferies
Analysts flag EBITDA risks, liquidity concerns, and softer used-car values for HTZ.
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Hertz Cuts Second-Quarter Outlook as Vehicle Depreciation Pressures Mount
Hertz warned on second-quarter results citing weaker used-car demand and depreciation pressure. The company also announced a $100M borrowed-share offering.
Hertz Launches Huge Digital Showroom on eBay
Hertz is selling 8,000 near-new cars on eBay with warranties and protections, shifting to direct online car sales.
Hertz Surges as Oro Mobility Partners with Uber to Launch Robotaxi and Driver Fleets
Hertz jumps after teaming with Uber to run robotaxis and driver rides, expanding into self-driving and shared mobility markets.
Avis Budget Stock Plunges After Worse-Than-Expected Q1 2026 Loss
Avis Budget Group shares plunged after a worse-than-expected Q1 2026 loss of $8.01 per share versus estimates, while revenue rose slightly.
Hertz Reports Boom in Road Trip Rentals Amid Airport Disruptions
Travelers are ditching crowded airports amid the government shutdown. Hertz reports 15% higher website traffic and 33% of rentals for road trips.