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Penske Automotive Group Expands with Major Dealership Acquisition

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Penske Automotive Group Expands with Major Dealership Acquisition

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An update from Penske Automotive Group ( (PAG) ) is now available.

On November 19, 2025, Penske Automotive Group announced the acquisition of four franchised automotive dealerships, including Longo Toyota and Longo Lexus in California, and Longo Toyota of Prosper in Texas. This strategic acquisition, completed through a Membership Interests Purchase Agreement, is expected to add $1.5 billion in estimated annualized revenue and enhance Penske’s presence in the California and Texas markets. The purchase was funded through a combination of existing credit and a note payable to the seller. The transaction is anticipated to strengthen Penske’s relationship with Toyota and Lexus brands, expanding its operations and market reach.

The most recent analyst rating on (PAG) stock is a Buy with a $195.00 price target. To see the full list of analyst forecasts on Penske Automotive Group stock, see the PAG Stock Forecast page.

Spark’s Take on PAG Stock

According to Spark, TipRanks’ AI Analyst, PAG is a Neutral.

Penske Automotive Group’s overall score is driven by strong financial performance and attractive valuation, which are offset by bearish technical indicators and mixed earnings call outcomes. The company’s robust revenue growth and strategic expansions are significant strengths, while challenges in the UK and commercial truck sales present risks.

To see Spark’s full report on PAG stock, click here.

More about Penske Automotive Group

Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is a diversified international transportation services company. It is one of the world’s premier automotive and commercial truck retailers with operations across four continents and nine countries. The company operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, Japan, and Australia, and is a major retailer of commercial trucks in North America. Penske Automotive also distributes and retails commercial vehicles, diesel and gas engines, power systems, and related parts and services primarily in Australia and New Zealand.

Average Trading Volume: 246,631

Technical Sentiment Signal: Hold

Current Market Cap: $10.26B

For an in-depth examination of PAG stock, go to TipRanks’ Overview page.

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