CWH Stock Forecast & Price Target

Camping World Holdings Inc. has demonstrated robust performance in its key metrics, with combined same-store unit growth of 15.6% year-over-year, driven by a significant 33.4% increase in used RV sales, which presents an additional revenue opportunity. The company also reported an adjusted EBITDA that exceeded expectations, indicating solid revenue growth, while management identified potential cost savings of $15 million next year through improved operational efficiencies. Despite challenges in the new RV market, Camping World Holdings is positioned favorably for future growth, particularly with strategic enhancements such as the implementation of advanced customer relationship management and AI technologies.

Camping World Holdings Inc. faces a negative outlook primarily due to an anticipated decline in EBITDA for the next fiscal year, projected to be substantially lower than previous expectations at approximately $373 million, which is creating meaningful pressure on shares. Additionally, trends in new RV sales are expected to deteriorate in FY26 and the used RV market is showing signs of slowing down with decreasing margins, further compounding the company's revenue challenges. Furthermore, cash flow is deemed insufficient to support ongoing mergers and acquisitions, raising concerns about sustaining growth amid a potentially softening RV market driven by broader macroeconomic conditions.