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CAR Group ( (AU:CAR) ) has shared an update.
CAR Group reported a strong first half for FY26, with proforma revenue rising 13% to $626 million and proforma EBITDA up 12%, underpinned by double-digit growth across all key financial metrics and markets. Reported NPAT increased 16%, cash conversion remained high at 95%, and the company lifted its interim dividend by 10%, signalling confidence in its earnings quality and balance sheet strength.
Operationally, the group delivered broad-based growth, maintaining market leadership for carsales in Australia, achieving excellent performance at Trader Interactive in North America, and expanding webmotors’ market share in Brazil. In Asia, Encar advanced its Guarantee inspection products, while CAR Group deepened its data-led competitive moat and accelerated AI deployment, including a new global AI hub in Brazil and features like voice search and AI companions to enhance dealer efficiency and consumer experience.
The most recent analyst rating on (AU:CAR) stock is a Buy with a A$42.55 price target. To see the full list of analyst forecasts on CAR Group stock, see the AU:CAR Stock Forecast page.
More about CAR Group
CAR Group Limited is a global online automotive classifieds and marketplace operator, best known in Australia for its carsales platform and operating key brands such as Trader Interactive in North America, webmotors in Brazil and Encar in South Korea. The group focuses on digital vehicle listings, dealer solutions, data-driven tools and consumer transaction services across large and still underpenetrated automotive markets.
YTD Price Performance: -20.42%
Average Trading Volume: 1,263,164
Technical Sentiment Signal: Sell
Current Market Cap: A$9.26B
For detailed information about CAR stock, go to TipRanks’ Stock Analysis page.