From Yahoo Finance: 2025-04-27 16:35:00

Avis Budget Group, Inc. (CAR) is analyzed against other ride-sharing and food delivery stocks. The global ride-sharing market size is $53.02 billion and expected to grow at a CAGR of 11.45%. The online food delivery market size is $780 billion and anticipated to grow at a CAGR of 15.01% by 2030.

Factors driving growth in both industries include urbanization, technological advancements, and evolving consumer lifestyles. The Asia Pacific region leads in market size and growth for both ride-sharing and food delivery industries. Grubhub and Avride are collaborating to introduce robot food delivery services at colleges.

Avis Budget Group, Inc. (CAR) reported $2.7 billion in Q4 2024 revenue. The company operates vehicle sharing and renting services in the Americas and Internationally, with an adjusted EBITDA of $628 million in 2024. Analysts maintain a Buy rating on CAR with a price target of $105.00.

CAR ranks 6th among the best ride-sharing and food delivery stocks. While CAR shows investment potential, there are AI stocks with greater promise for higher returns in a shorter time frame. Consider exploring undervalued AI stocks poised for significant gains.



Read more at Yahoo Finance: One of the Best Ride Sharing Stocks to Buy