The company reaffirms its Q1 2026 and FY2026 guidance, previously announced during the Q4 2025 earnings call on February 26, 2026: Q1 2026 revenue growth of flat to up 1% year-over-year and Adjusted EBITDA margin of 26% to 27%; and FY26 revenue growth of flat to up 2% and Adjusted EBITDA margin of 29% to 30%. “We are moving quickly to execute our 2026 initiatives and make changes that support healthy long-term growth. Better internal processes and a more nimble organization are essential to accelerate the Marketplace flywheel while also growing responsibly to create shareholder value. Simplifying our business also provides more bandwidth to dedicate to key products, like AI, data and analytics, that we believe are critical to the future of automotive retail. We are grateful to the employees whose contributions have helped shape Cars.com (CARS) into what it is today, and we enter this next chapter with conviction and a clear path forward,” said Tobi Hartmann, CEO of Cars.com.
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Read More on CARS:
- S&P 600 adding fifteen companies at open on 3/23
- Cars.com price target lowered to $15-$20 range at Barrington
- Cars.com price target lowered to $13 from $22 at B. Riley
- Cars.com price target lowered to $11 from $13 at UBS
- JPMorgan cuts Cars.com to Neutral, sees limited visibility on growth inflection
