Cars.com Inc. (CARS)
NYSE: CARS · IEX Real-Time Price · USD
18.47
-0.17 (-0.91%)
May 16, 2024, 4:00 PM EDT - 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 24, with a low estimate of 20 and a high estimate of 26. The average target predicts an increase of 29.94% from the current stock price of 18.47.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 2 | 2 | 2 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington Research | Barrington Research | Buy Reiterates $25 | Buy | Reiterates | $25 | +35.35% | May 6, 2024 |
| Barrington Research | Barrington Research | Buy Reiterates $25 | Buy | Reiterates | $25 | +35.35% | Feb 26, 2024 |
| Barrington Research | Barrington Research | Buy Reiterates $25 | Buy | Reiterates | $25 | +35.35% | Feb 22, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $24 → $25 | Buy | Maintains | $24 → $25 | +35.35% | Oct 16, 2023 |
| UBS | UBS | Hold Initiates $20 | Hold | Initiates | $20 | +8.28% | Sep 15, 2023 |
Financial Forecast
Revenue This Year
751.19M
from 689.18M
Increased by 9.00%
Revenue Next Year
789.33M
from 751.19M
Increased by 5.08%
EPS This Year
0.51
from 1.74
Decreased by -70.69%
EPS Next Year
0.69
from 0.51
Increased by 35.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 782.3M | 819.0M | 866.7M | 869.1M | 896.7M |
| Avg | 751.2M | 789.3M | 828.7M | 844.3M | 871.1M |
| Low | 715.9M | 752.9M | 783.5M | 811.2M | 836.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.5% | 9.0% | 9.8% | 4.9% | 6.2% |
| Avg | 9.0% | 5.1% | 5.0% | 1.9% | 3.2% |
| Low | 3.9% | 0.2% | -0.7% | -2.1% | -0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.71 | 1.05 | 1.34 |
| Avg | 0.51 | 0.69 | 0.99 |
| Low | 0.28 | 0.45 | 0.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -59.0% | 105.9% | 94.3% |
| Avg | -70.7% | 35.6% | 43.8% |
| Low | -83.7% | -11.6% | -5.1% |
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.