CWH Stock Forecast & Price Target

Camping World Holdings Inc. demonstrated strong performance with a combined year-over-year same-store unit growth of 15.6%, fueled primarily by an impressive 33.4% increase in used RV sales. The company's management also reported favorable trends in average selling prices, particularly in July, alongside substantial inventory assets, which include $250 million in real estate, $200 million in parts, and approximately $500 million in used inventory. Furthermore, the company exceeded expectations by posting an adjusted EBITDA beat driven by improved revenue, reinforcing a positive outlook for continued momentum in its operations.

Camping World Holdings Inc. faces a significantly challenging financial outlook as EBITDA projections for the upcoming year are expected to be considerably lower than market expectations, creating downward pressure on share performance. The company has reported deteriorating trends in new RV sales for fiscal year 2026 and a slowdown in used RV sales, accompanied by margin degradation that is anticipated to fall below current levels. Additionally, insufficient cash flow raises concerns regarding the company's ability to sustain its pace of mergers and acquisitions, further compounding the pressures on its financial stability and valuation.