Cars.com (NYSE:CARS) Price Target Raised to $11.00 at JPMorgan Chase & Co.

Cars.com (NYSE:CARS) had its price objective lifted by JPMorgan Chase & Co. from $10.00 to $11.00 in a research report report published on Friday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Several other analysts have also commented on the company. Weiss Ratings lowered Cars.com from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 1st. Barrington Research reaffirmed an “outperform” rating and set a $25.00 price target on shares of Cars.com in a research report on Friday, February 27th. BTIG Research lifted their price target on Cars.com from $13.00 to $14.00 and gave the stock a “buy” rating in a research report on Thursday. Zacks Research raised Cars.com from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 15th. Finally, DA Davidson reaffirmed a “buy” rating and set a $13.00 price target on shares of Cars.com in a research report on Monday, April 13th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Cars.com presently has a consensus rating of “Hold” and a consensus price target of $14.67.

Cars.com Stock Performance

Shares of CARS opened at $11.68 on Friday. Cars.com has a 12 month low of $7.40 and a 12 month high of $13.97. The stock has a fifty day moving average price of $9.23 and a 200-day moving average price of $10.83. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 0.98. The firm has a market cap of $679.19 million, a PE ratio of 27.17 and a beta of 1.64.

Cars.com (NYSE:CARS) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.03). Cars.com had a net margin of 3.73% and a return on equity of 18.12%. The business had revenue of $180.22 million for the quarter, compared to analysts’ expectations of $180.16 million. During the same quarter in the prior year, the company posted $0.37 EPS. The business’s revenue for the quarter was up .7% on a year-over-year basis. Equities research analysts predict that Cars.com will post 1.83 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Cars.com

Several institutional investors have recently bought and sold shares of CARS. BNP Paribas Financial Markets boosted its holdings in Cars.com by 30.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 7,025 shares of the company’s stock worth $83,000 after buying an additional 1,623 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in Cars.com by 436.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,960 shares of the company’s stock worth $94,000 after buying an additional 6,475 shares during the last quarter. Virtus Advisers LLC acquired a new stake in Cars.com in the 3rd quarter worth about $100,000. State of Wyoming acquired a new stake in Cars.com in the 2nd quarter worth about $115,000. Finally, AXA S.A. acquired a new stake in Cars.com in the 2nd quarter worth about $126,000. 89.15% of the stock is currently owned by institutional investors and hedge funds.

Key Cars.com News

Here are the key news stories impacting Cars.com this week:

• Positive Sentiment: Cars.com reaffirmed its 2026 outlook for flat to 2% revenue growth and a 29% to 30% adjusted EBITDA margin, while also boosting its share repurchase target to $90 million, signaling confidence in cash generation and capital return. Article link
• Positive Sentiment: Q1 results showed revenue of $180.2 million, adjusted EBITDA of $51.0 million, and an adjusted EBITDA margin of 28.3%, which exceeded guidance and suggests operating performance remains healthy despite modest top-line growth. Article link
• Positive Sentiment: BTIG Research raised its price target on Cars.com to $14 from $13 and kept a Buy rating, indicating some analysts see further upside from current levels. Article link
• Positive Sentiment: JPMorgan also lifted its price target to $11 from $10, even while maintaining a Neutral rating, reflecting improved valuation expectations after the earnings release. Article link
• Neutral Sentiment: Cars.com reported adjusted results that were largely in line with revenue expectations, but the market is balancing that against the earnings miss and modest growth profile. Article link
• Negative Sentiment: The company posted Q1 EPS of $0.45, missing Wall Street estimates of $0.48, which is the main reason shares have moved lower. Article link

Cars.com Company Profile

Cars.com operates as a leading online automotive marketplace in the United States, connecting car shoppers with new and used vehicle listings from dealerships and private sellers. The platform enables consumers to research makes and models, compare prices, read expert and user reviews, and access tools such as TrueCost to estimate ownership expenses over time. Through its website and mobile applications, Cars.com aims to simplify the car-buying process by aggregating detailed vehicle data, payment calculators, and dealership ratings into a single user-friendly experience.

On the dealer side, Cars.com provides a suite of marketing and lead-generation services designed to help automotive retailers reach potential buyers and manage their online presence.