Hertz stock price forecast volume patterns suggest traders are

Volume patterns suggest traders are waiting for the next earnings guidance update before making larger moves. Blockbuster Video's management team famously scoffed at the idea of sending DVDs in the mail (and later streaming) and refused to acquire Netflix. The rest is history – Blockbuster went bust, and NFLX went on to have a meteoric rise and become a Wall Street darling. Moreover, during that time the rental car company’s debt load has increased 6% to $18.3 billion, its equity has plunged 95% to $153 million, and its revenue fell 6% to about $2 billion in the final quarter of 2024, noted the Journal . In updated Hertz stock price forecast, analysts flag that EV charging infrastructure build-out is a medium-term investment hurdle, affecting fleet modernization goals through