Cars.com Inc. (CARS)
NYSE: CARS · Real-Time Price · USD
15.88
-0.15 (-0.94%)
Nov 4, 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 22.25, with a low estimate of 19 and a high estimate of 26. The average target predicts an increase of 40.11% from the current stock price of 15.88.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 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 | +57.43% | Nov 4, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +57.43% | Aug 23, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $27 → $26 | Strong Buy | Maintains | $27 → $26 | +63.73% | Aug 9, 2024 |
| UBS | UBS | Hold Maintains $20 → $19 | Hold | Maintains | $20 → $19 | +19.65% | Aug 9, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $25 → $19 | Buy → Hold | Downgrades | $25 → $19 | +19.65% | Aug 9, 2024 |
Financial Forecast
Revenue This Year
736.99M
from 689.18M
Increased by 6.94%
Revenue Next Year
772.74M
from 736.99M
Increased by 4.85%
EPS This Year
0.40
from 1.74
Decreased by -77.28%
EPS Next Year
0.63
from 0.40
Increased by 59.35%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 764.2M | 819.7M | 879.5M | ||
| Avg | 737.0M | 772.7M | 819.7M | ||
| Low | 702.7M | 732.9M | 766.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.9% | 11.2% | 13.8% | ||
| Avg | 6.9% | 4.9% | 6.1% | ||
| Low | 2.0% | -0.6% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.51 | 0.86 | 1.13 |
| Avg | 0.40 | 0.63 | 0.82 |
| Low | 0.28 | 0.35 | 0.54 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -70.4% | 117.8% | 80.0% |
| Avg | -77.3% | 59.4% | 30.1% |
| Low | -83.7% | -10.7% | -14.4% |
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.