CWH Stock Forecast & Price Target

Camping World Holdings Inc. has demonstrated a strong performance in the RV and related products market, with a year-over-year same-store unit growth of 15.6%, driven predominantly by a significant increase in used RV sales, which surged by 33.4%. The company has emphasized its robust inventory positions, holding $250 million in real estate, $200 million in parts, and approximately $500 million in used inventory, which positions it well for monetization and offsets its elevated leverage levels. Additionally, the improved average selling prices observed in July and the ongoing momentum in revenue generation, underscored by an adjusted EBITDA beat, further lend support to a favorable long-term outlook for Camping World Holdings's stock.

Camping World Holdings Inc is facing a significantly negative financial outlook, primarily due to an expected EBITDA for the upcoming year that is substantially below market expectations, which will exert considerable downward pressure on share prices. Furthermore, the company is experiencing deteriorating trends in new RV sales for fiscal year 2026 and a slowdown in used vehicle sales, leading to margin degradation below current run rates. Additionally, insufficient cash flow limits the company’s ability to pursue mergers and acquisitions, while vehicle gross margins have weakened, indicating challenges in maintaining profitability.