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NYSE: CARS
Carscom Inc Stock Forecast, Predictions & Price Target

Analyst price target for CARS

Based on 1 analyst offering 12 month price targets for Carscom Inc.
Min Forecast
$25.00+48.02%
Avg Forecast
$25.00+48.02%
Max Forecast
$25.00+48.02%

Should I buy or sell CARS stock?

Based on 1 analyst offering ratings for Carscom Inc.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CARS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-26

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Forecast return on equity

Is CARS forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.16%

Forecast return on assets

Is CARS forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

CARS revenue forecast

What is CARS's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$736.4M+6.85%
Avg 2 year Forecast
$774.1M+12.32%
Avg 3 year Forecast
$799.5M+16.01%
CARS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CARS earnings growth forecast

How is CARS forecast to perform vs Auto & Truck Dealerships companies and vs the US market?
Company
-14.66%
Industry
24.95%
Market
21.46%
CARS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CARS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CARS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CARS revenue growth forecast

How is CARS forecast to perform vs Auto & Truck Dealerships companies and vs the US market?
Company
5.28%
Industry
7.86%
Market
9.92%
CARS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CARS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CARS vs Auto & Truck Dealership Stocks

TickerPricePrice TargetUp/downsideConsensus
CARS$16.89$25.00+48.02%Buy
SDA$7.19N/AN/A
CWH$21.05$29.20+38.72%Strong Buy
CRMT$56.72$66.00+16.36%Sell
KAR$17.38$20.33+16.99%Hold

Carscom Stock Forecast FAQ

Is Carscom Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: CARS) stock is to Buy CARS stock.

Out of 1 analyst, 0 (0%) are recommending CARS as a Strong Buy, 1 (100%) are recommending CARS as a Buy, 0 (0%) are recommending CARS as a Hold, 0 (0%) are recommending CARS as a Sell, and 0 (0%) are recommending CARS as a Strong Sell.

If you're new to stock investing, here's how to buy Carscom stock.

What is CARS's revenue growth forecast for 2024-2026?

(NYSE: CARS) Carscom's forecast annual revenue growth rate of 5.28% is not forecast to beat the US Auto & Truck Dealerships industry's average forecast revenue growth rate of 7.86%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.92%.

Carscom's revenue in 2024 is $689,183,000.On average, 3 Wall Street analysts forecast CARS's revenue for 2024 to be $48,393,132,381, with the lowest CARS revenue forecast at $48,003,909,716, and the highest CARS revenue forecast at $49,063,872,842. On average, 3 Wall Street analysts forecast CARS's revenue for 2025 to be $50,869,030,131, with the lowest CARS revenue forecast at $50,487,890,259, and the highest CARS revenue forecast at $51,439,425,663.

In 2026, CARS is forecast to generate $52,538,159,915 in revenue, with the lowest revenue forecast at $52,538,159,915 and the highest revenue forecast at $52,538,159,915.

What is CARS's forecast return on assets (ROA) for 2024-2027?

(NYSE: CARS) forecast ROA is N/A, which is lower than the forecast US Auto & Truck Dealerships industry average of N/A.

What is CARS's Price Target?

According to 1 Wall Street analyst that have issued a 1 year CARS price target, the average CARS price target is $25.00, with the highest CARS stock price forecast at $25.00 and the lowest CARS stock price forecast at $25.00.

The Wall Street analyst predicted that Carscom's share price could reach $25.00 by Feb 26, 2025. The average Carscom stock price prediction forecasts a potential upside of 48.02% from the current CARS share price of $16.89.

What is CARS's forecast return on equity (ROE) for 2024-2027?

(NYSE: CARS) forecast ROE is N/A, which is considered weak.
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