Cars.com Inc. (CARS)
NYSE: CARS · Real-Time Price · USD
17.46
+0.02 (0.11%)
Dec 20, 2024, 4:00 PM EST - Market closed
Cars.com Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Cars.com stock have an average target of 23, with a low estimate of 20 and a high estimate of 26. The average target predicts an increase of 31.73% from the current stock price of 17.46.
Analyst Consensus: Buy
* Price targets were last updated on Nov 13, 2024.
Analyst Ratings
The average analyst rating for Cars.com stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +43.18% | Nov 13, 2024 |
| UBS | UBS | Hold Maintains $17 → $20 | Hold | Maintains | $17 → $20 | +14.55% | Nov 8, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $20 → $21 | Hold | Maintains | $20 → $21 | +20.27% | Nov 8, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +43.18% | Nov 7, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +43.18% | Nov 4, 2024 |
Financial Forecast
Revenue This Year
737.02M
from 689.18M
Increased by 6.94%
Revenue Next Year
772.87M
from 737.02M
Increased by 4.86%
EPS This Year
0.61
from 1.74
Decreased by -65.06%
EPS Next Year
0.60
from 0.61
Decreased by -2.01%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 761.7M | 805.9M | 857.8M | |||
| Avg | 737.0M | 772.9M | 815.7M | |||
| Low | 705.8M | 733.3M | 768.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 10.5% | 9.4% | 11.0% | |||
| Avg | 6.9% | 4.9% | 5.5% | |||
| Low | 2.4% | -0.5% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.69 | 0.81 | 1.18 |
| Avg | 0.61 | 0.60 | 0.80 |
| Low | 0.53 | 0.41 | 0.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -60.2% | 33.0% | 97.4% |
| Avg | -65.1% | -2.0% | 33.6% |
| Low | -69.6% | -32.3% | 3.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.