
ABG Stock Forecast & Price Target
ABG Analyst Ratings
Bulls say
Asbury Automotive Group demonstrated a robust financial performance in 2024, generating $17.2 billion in revenue, which reinforces its strategic positioning in the automotive dealership sector. The company reported an increase in new units per store by 9.7%, reflecting an acceleration from the previous quarter's growth of 6.4%, indicating strong demand dynamics. Furthermore, the firm has set an ambitious goal to achieve at least $30 billion in revenue by 2030, underscoring its growth potential and market expansion efforts across various states.
Bears say
Asbury Automotive Group faces significant challenges with its sales and margin targets due to persistent trends that may lead to delays and risks in achieving financial goals. The decline in used units per store, which worsened by 5.6% from the previous quarter, indicates a troubling acceleration in decreasing sales volume that could impact overall revenue. Furthermore, the forecast for Total Care Auto (TCA) suggests a concerning outlook with estimated negative earnings per share of $2.28 in 2026, which raises doubts about the company's profitability trajectory.
This aggregate rating is based on analysts' research of Asbury Automotive Group and is not a guaranteed prediction by Public.com or investment advice.
ABG Analyst Forecast & Price Prediction
Start investing in ABG
Order type
Buy in
Order amount
Est. shares
0 shares