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Cars ( (CARS) ) has issued an announcement.
On December 12, 2025, Cars.com Inc. announced that Chief Executive Officer and Director Alex Vetter will step down as CEO and from the board effective January 15, 2026, and depart the company on March 31, 2026, after serving as a Special Advisor during the transition period with continued salary, benefits, and severance eligibility. The board approved the appointment of Tobias “Tobi” Hartmann as CEO-designate effective on or about December 22, 2025, with his promotion to CEO and board membership set for on or before January 15, 2026, supported by a compensation package including salary, incentive opportunities, and substantial inducement equity grants under a newly adopted 2025 Inducement Equity Plan that reserves 1,000,000 shares for new or returning employees, signaling a leadership shift and a structured equity-based approach to attracting senior talent; these management changes and the adoption of the plan were disclosed in a press release issued on December 18, 2025.
The most recent analyst rating on (CARS) stock is a Buy with a $13.50 price target. To see the full list of analyst forecasts on Cars stock, see the CARS Stock Forecast page.
Spark’s Take on CARS Stock
According to Spark, TipRanks’ AI Analyst, CARS is a Neutral.
Cars.com demonstrates strong financial performance with robust revenue growth and efficient cost management. The positive earnings call highlights record revenue and strategic initiatives, contributing to a high score. However, technical analysis indicates a bearish trend, and valuation metrics suggest the stock may be overvalued, which lowers the overall score.
To see Spark’s full report on CARS stock, click here.
More about Cars
Cars.com Inc. operates in the digital marketplace industry, focusing on online automotive listings and related services that connect car buyers with dealers and sellers. The company’s platform and associated tools position it within the broader automotive e-commerce and digital advertising ecosystem, serving consumers and industry stakeholders seeking to buy, sell, and market vehicles.
Average Trading Volume: 888,386
Technical Sentiment Signal: Hold
Current Market Cap: $796.1M
See more data about CARS stock on TipRanks’ Stock Analysis page.