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CarParts.com Inc ( (PRTS) ) has provided an announcement.
On June 13, 2025, CarParts.com, Inc. received a notification from Nasdaq regarding non-compliance with the Bid Price Rule, as its stock price was below $1 for 30 consecutive business days. The company has until December 10, 2025, to rectify this by ensuring its stock price closes at $1 or more for ten consecutive days. Failure to comply may lead to delisting, though an additional compliance period could be sought. Additionally, CarParts.com held its 2025 Annual Meeting of Stockholders, where key proposals, including the election of directors and ratification of auditors, were approved.
The most recent analyst rating on (PRTS) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on CarParts.com Inc stock, see the PRTS Stock Forecast page.
Spark’s Take on PRTS Stock
According to Spark, TipRanks’ AI Analyst, PRTS is a Neutral.
CarParts.com Inc’s overall score of 52 reflects significant financial challenges, including declining revenues and profitability. While the balance sheet is strong with no debt, the company’s ongoing losses and negative cash flow are major concerns. Technical indicators suggest short-term stability but longer-term risks. Positive strategic initiatives provide some optimism for recovery, but valuation remains unattractive due to negative earnings and lack of dividends.
To see Spark’s full report on PRTS stock, click here.
More about CarParts.com Inc
CarParts.com, Inc. operates in the automotive parts industry, providing a wide range of car parts and accessories primarily through online platforms. The company focuses on delivering quality automotive products to consumers, leveraging e-commerce to reach a broad market.
Average Trading Volume: 559,473
Technical Sentiment Signal: Strong Sell
Current Market Cap: $50.93M
For detailed information about PRTS stock, go to TipRanks’ Stock Analysis page.