Cars.com (CARS) to Announce Earnings on Thursday

Cars.com (NYSE:CARS) is anticipated to release its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of $0.49 per share and revenue of $180.5710 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 9:00 AM ET.

Cars.com (NYSE:CARS) last posted its earnings results 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 return on equity of 18.12% and a net margin of 3.73%.The firm had revenue of $180.22 million during the quarter, compared to the consensus estimate of $180.16 million. During the same quarter last year, the company posted $0.37 EPS. Cars.com’s revenue for the quarter was up .7% on a year-over-year basis. On average, analysts expect Cars.com to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Cars.com Price Performance

Shares of NYSE:CARS opened at $12.91 on Thursday. The firm’s 50 day moving average is $10.61 and its two-hundred day moving average is $10.32. The firm has a market capitalization of $721.67 million, a P/E ratio of 30.02 and a beta of 1.59. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 0.98. Cars.com has a 52 week low of $7.40 and a 52 week high of $13.97.

Insider Activity

In other news, CFO Sonia Jain sold 52,579 shares of Cars.com stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $9.56, for a total transaction of $502,655.24. Following the transaction, the chief financial officer directly owned 346,854 shares in the company, valued at approximately $3,315,924.24. This trade represents a 13.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.36% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CARS. BNP Paribas Financial Markets raised its position in Cars.com by 30.0% in the second quarter. BNP Paribas Financial Markets now owns 7,025 shares of the company’s stock worth $83,000 after acquiring an additional 1,623 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of 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 purchasing an additional 6,475 shares in the last quarter. Virtus Advisers LLC acquired a new stake in Cars.com during the third quarter valued at approximately $100,000. State of Wyoming bought a new stake in Cars.com during the second quarter worth approximately $115,000. Finally, AXA S.A. acquired a new position in Cars.com in the second quarter worth approximately $126,000. 89.15% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Zacks Research lowered Cars.com from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. Weiss Ratings upgraded Cars.com from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 13th. UBS Group increased their price target on Cars.com from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. DA Davidson restated a “buy” rating and set a $13.00 price objective on shares of Cars.com in a research note on Monday, April 13th. Finally, BTIG Research increased their target price on shares of Cars.com from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $14.67.

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.