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The latest announcement is out from CarParts.com Inc ( (PRTS) ).
On September 8, 2025, CarParts.com entered into a purchase agreement with International Auto Parts, Axislink, and Lovely Peach, resulting in the issuance of shares and convertible notes totaling $35.7 million. This transaction, completed on September 10, 2025, represents a strategic investment by ZongTeng Group, A-Premium, and CDH Investments, signaling strong confidence in CarParts.com’s market position and growth strategy. The investment will enhance CarParts.com’s infrastructure and expand its product offerings, positioning the company for long-term growth in the $300 billion U.S. auto parts industry. Additionally, CarParts.com concluded its strategic alternatives review process, determining that this transaction offers significant shareholder value and operational capabilities for future growth.
The most recent analyst rating on (PRTS) stock is a Buy with a $1.50 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 stock score is primarily impacted by its weak financial performance and valuation concerns. The company’s ongoing financial challenges, including negative profitability and cash flow issues, are significant risks. Although there are some positive technical indicators and strategic initiatives in place, the potential delisting risk and negative earnings call sentiment further weigh down the score.
To see Spark’s full report on PRTS stock, click here.
More about CarParts.com Inc
CarParts.com, Inc. is a technology-driven e-commerce company specializing in automotive parts and accessories. With over 25 years of experience, the company offers more than 1 million quality products for repair, maintenance, and upgrades, catering to both DIY enthusiasts and professional installers. CarParts.com is known for its customer-first approach, providing a seamless shopping experience through its website and app, and ensuring fast delivery with its strategic distribution centers covering 95% of the U.S.
Average Trading Volume: 729,659
Technical Sentiment Signal: Strong Sell
Current Market Cap: $50.73M
See more data about PRTS stock on TipRanks’ Stock Analysis page.