CarParts.com, Inc. (PRTS)
NASDAQ: PRTS · IEX Real-Time Price · USD
1.290
-0.020 (-1.53%)
At close: Apr 18, 2024, 4:00 PM
1.340
+0.050 (3.88%)
After-hours: Apr 18, 2024, 7:41 PM EDT
CarParts.com Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for CarParts.com stock have an average target of 3.67, with a low estimate of 3.00 and a high estimate of 4.00. The average target predicts an increase of 184.50% from the current stock price of 1.29.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 8, 2024.
Analyst Ratings
The average analyst rating for CarParts.com stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $8 → $4 | Strong Buy | Maintains | $8 → $4 | +210.08% | Mar 8, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $4 → $3 | Buy | Maintains | $4 → $3 | +132.56% | Mar 8, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $5.5 → $4 | Strong Buy | Maintains | $5.5 → $4 | +210.08% | Oct 31, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $7 → $4 | Buy | Maintains | $7 → $4 | +210.08% | Oct 31, 2023 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $5.5 | Strong Buy | Reiterates | $5.5 | +326.36% | Aug 24, 2023 |
Financial Forecast
Revenue This Year
688.15M
from 675.73M
Increased by 1.84%
Revenue Next Year
711.51M
from 688.15M
Increased by 3.39%
EPS This Year
-0.36
from -0.15
EPS Next Year
-0.25
from -0.36
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 713.2M | 738.7M | 983.0M | 1.1B | 1.3B |
| Avg | 688.2M | 711.5M | 954.9M | 1.1B | 1.2B |
| Low | 653.7M | 679.3M | 917.5M | 1.0B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.5% | 7.3% | 38.2% | 17.7% | 15.6% |
| Avg | 1.8% | 3.4% | 34.2% | 14.4% | 12.3% |
| Low | -3.3% | -1.3% | 28.9% | 9.9% | 7.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.34 | -0.17 | 0.18 | 0.42 | 0.72 |
| Avg | -0.36 | -0.25 | 0.17 | 0.41 | 0.70 |
| Low | -0.38 | -0.30 | 0.17 | 0.39 | 0.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | 142.2% | 77.6% |
| Avg | - | - | - | 135.3% | 72.5% |
| Low | - | - | - | 126.1% | 65.7% |
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.