Hertz stock price forecast latest Hertz stock price forecast shows

Latest Hertz stock price forecast shows a slight rebound potential to $4.80 if consumer travel picks up in summer Ground Transportation company Avis Budget Group (NASDAQ:CAR) jumped 14.3%. Is now the time to buy Avis Budget Group? Access our full analysis report here, it’s free. Ackman suggests that by 2029, Hertz could be generating $2 billion in annual adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). By applying an EBITDA multiple of 7.5, Ackman derives a value of $15 billion for Hertz -- equating to a share price of about $30. In technical Hertz stock price forecast review, RSI remains near neutral territory at 45, suggesting no immediate overbought or oversold signals in late May 2024 trading.