B. Riley analyst Naved Khan lowered the firm’s price target on Cars.com (CARS) to $13 from $22 and keeps a Buy rating on the shares. Cars.com reported mixed Q4 results with revenue in line with consensus while EBITDA was lower, hurt by weakness in ad spending on the platform, and 2026 guidance was below consensus, reflecting a continuation of these headwinds, the analyst tells investors in a research note.
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Read More on CARS:
- Cars.com price target lowered to $11 from $13 at UBS
- JPMorgan cuts Cars.com to Neutral, sees limited visibility on growth inflection
- Cars.com downgraded to Neutral from Overweight at JPMorgan
- Cars.com sees Q1 revenue growth flat to up 1% from $179.02M last year
- Cars.com sees 2026 revenue growth flat to up 2% from $722.74M last year