| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/16/2023 | 50.74% | JP Morgan | $24 → $25 | Maintains | Overweight |
| 09/15/2023 | 20.59% | UBS | → $20 | Initiates Coverage On | → Neutral |
| 07/20/2023 | 56.77% | B. Riley Securities | → $26 | Initiates Coverage On | → Buy |
| 06/27/2023 | 38.68% | JP Morgan | → $23 | Initiates Coverage On | → Overweight |
| 05/25/2023 | 50.74% | Barrington Research | → $25 | Reiterates | → Outperform |
| 05/05/2023 | 38.68% | DA Davidson | $23.25 → $23 | Maintains | Buy |
| 05/02/2023 | 50.74% | Barrington Research | → $25 | Reiterates | → Outperform |
| 02/24/2023 | 44.71% | Craig-Hallum | $17 → $24 | Maintains | Buy |
| 02/24/2023 | 38.68% | BTIG | $20 → $23 | Maintains | Buy |
| 02/24/2023 | 40.19% | DA Davidson | $17.5 → $23.25 | Maintains | Buy |
| 11/04/2022 | 5.52% | DA Davidson | $18 → $17.5 | Maintains | Buy |
| 06/21/2022 | -3.53% | BTIG | $19 → $16 | Maintains | Buy |
| 02/02/2022 | — | Northcoast Research | Initiates Coverage On | → Neutral | |
| 11/15/2021 | 20.59% | DA Davidson | $19 → $20 | Maintains | Buy |
| 08/27/2021 | 8.53% | Truist Securities | → $18 | Initiates Coverage On | → Buy |
| 05/07/2021 | 8.53% | DA Davidson | $16 → $18 | Maintains | Buy |
| 11/10/2020 | -21.62% | DA Davidson | $10.25 → $13 | Maintains | Buy |
| 10/15/2020 | -33.68% | B. Riley Securities | $9 → $11 | Upgrades | Neutral → Buy |
| 10/15/2020 | -15.59% | Craig-Hallum | $12 → $14 | Upgrades | Hold → Buy |
| 05/08/2020 | -54.78% | B. Riley Securities | $5.25 → $7.5 | Maintains | Neutral |
| 05/05/2020 | -68.34% | B. Riley Securities | $13 → $5.25 | Downgrades | Buy → Neutral |
| 03/30/2020 | -51.76% | Citigroup | $12 → $8 | Maintains | Buy |
| 03/09/2020 | -39.7% | BTIG | → $10 | Upgrades | Neutral → Buy |
| 03/05/2020 | — | DA Davidson | Upgrades | Neutral → Buy | |
| 02/27/2020 | -21.62% | B. Riley Securities | $18 → $13 | Maintains | Buy |
| 02/26/2020 | -15.59% | CFRA | $16 → $14 | Maintains | Buy |
| 09/16/2019 | -9.56% | Craig-Hallum | → $15 | Upgrades | Hold → Buy |
| 08/06/2019 | 8.53% | B. Riley Securities | $31 → $18 | Maintains | Buy |
| 08/06/2019 | — | Barrington Research | Downgrades | Outperform → Market Perform | |
| 08/06/2019 | 14.56% | Citigroup | $27 → $19 | Maintains | Buy |
| 08/06/2019 | — | DA Davidson | Downgrades | Buy → Neutral | |
| 07/02/2019 | — | Citigroup | Upgrades | Neutral → Buy | |
| 03/18/2019 | 38.68% | Goldman Sachs | → $23 | Initiates Coverage On | → Neutral |
| 01/22/2019 | 80.89% | BTIG | → $30 | Upgrades | Neutral → Buy |
| 01/17/2019 | — | Craig-Hallum | Upgrades | Hold → Buy | |
| 12/07/2018 | 62.8% | Citigroup | → $27 | Initiates Coverage On | → Neutral |
| 11/14/2018 | — | BTIG | Initiates Coverage On | → Neutral |
What is the target price for Cars.com (CARS)?
The latest price target for Cars.com (NYSE: CARS) was reported by JP Morgan on October 16, 2023. The analyst firm set a price target for $25.00 expecting CARS to rise to within 12 months (a possible 50.74% upside). 11 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Cars.com (CARS)?
The latest analyst rating for Cars.com (NYSE: CARS) was provided by JP Morgan, and Cars.com maintained their overweight rating.
When is the next analyst rating going to be posted or updated for Cars.com (CARS)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cars.com, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cars.com was filed on October 16, 2023 so you should expect the next rating to be made available sometime around October 16, 2024.
Is the Analyst Rating Cars.com (CARS) correct?
While ratings are subjective and will change, the latest Cars.com (CARS) rating was a maintained with a price target of $24.00 to $25.00. The current price Cars.com (CARS) is trading at is $16.59, which is out of the analyst's predicted range.