
Cars.com (CARS) Stock Forecast & Price Target
Cars.com (CARS) Analyst Ratings
Bulls say
Cars.com Inc. experienced a 5% year-over-year growth in OEM and National revenues, indicating a solid demand for its offerings within the automotive sector. Furthermore, the Accu-Trade appraisals soared by 44.8% year-over-year, reaching 925,000, and showcased a 13.6% sequential increase, reflecting strong operational performance. The growth in AccuTrade's subscriber base, which increased to 1,070 dealers from 1,020 in the previous quarter, further underscores the company's expanding market presence and customer engagement.
Bears say
Cars.com Inc. has reported a significant decline in net cash generated from operating activities, falling to $26.2 million from $35.3 million, alongside a 37% drop in free cash flow to $18.2 million. Additionally, the company’s revenue remained stagnant at $178.7 million year-over-year and quarter-over-quarter, indicating a lack of growth in a competitive market. The sluggish performance in marketplace and media segments, stemming from customer reluctance to allocate discretionary advertising budgets, further exacerbates the company's challenging financial position.
This aggregate rating is based on analysts' research of Cars.com and is not a guaranteed prediction by Public.com or investment advice.
Cars.com (CARS) Analyst Forecast & Price Prediction
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