CarParts.com Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for CarParts.com stock have an average target of 1.60, with a low estimate of 0.80 and a high estimate of 2.00. The average target predicts an increase of 72.04% from the current stock price of 0.93.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$0.80	$1.60	$2.00	$2.00
Change	-13.98%	+72.04%	+115.05%	+115.05%

Analyst Ratings

The average analyst rating for CarParts.com stock from 3 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	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	1	1	2	2	2	1
Buy	1	1	0	0	0	0
Hold	1	1	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	4	4	4	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Steven Shemesh RBC Capital	RBC Capital	Hold Maintains $0.9 → $0.8	Hold	Maintains	$0.9 → $0.8	-13.98%	Oct 30, 2024
Ryan Meyers Lake Street	Lake Street	Strong Buy Maintains $3 → $2	Strong Buy	Maintains	$3 → $2	+115.05%	Jul 31, 2024
Steven Shemesh RBC Capital	RBC Capital	Buy → Hold Downgrades $2 → $1.3	Buy → Hold	Downgrades	$2 → $1.3	+39.78%	Jul 31, 2024
Ryan Sigdahl Craig-Hallum	Craig-Hallum	Strong Buy → Hold Downgrades $4 → $2	Strong Buy → Hold	Downgrades	$4 → $2	+115.05%	May 8, 2024
Ryan Sigdahl Craig-Hallum	Craig-Hallum	Strong Buy Maintains $8 → $4	Strong Buy	Maintains	$8 → $4	+330.11%	Mar 8, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

608.04M

from 675.73M

-10.02%

from 675.73M

Revenue Next Year

617.63M

from 608.04M

1.58%

from 608.04M

EPS This Year

-0.65

from -0.15

EPS Next Year

-0.46

from -0.65

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 28, 2019	Jan 2, 2021	Jan 1, 2022	Dec 31, 2022	Dec 30, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	280.66M	443.88M	582.44M	661.60M	675.73M	608.04M	617.63M	954.93M
Revenue Growth	-3.04%	58.16%	31.21%	13.59%	2.13%	-10.02%	1.58%	54.61%
EPS	-0.89	-0.04	-0.20	-0.02	-0.15	-0.65	-0.46	0.17
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	5.36
No. Analysts	-	-	-	-	-	5	5	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	626.8M	639.7M	983.0M
Avg	608.0M	617.6M	954.9M
Low	583.4M	591.1M	917.5M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-7.2%	5.2%	59.2%
Avg	-10.0%	1.6%	54.6%
Low	-13.7%	-2.8%	48.6%

EPS Forecast

EPS	2024	2025	2026
High	-0.64	-0.39	0.18
Avg	-0.65	-0.46	0.17
Low	-0.66	-0.52	0.17

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	-
Avg	-	-	-
Low	-	-	-

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.