Stocklytics Platform
Asset logo for symbol CARS
Cars.com
CARS72
$17.36arrow_drop_down0.68%-$0.12
High Growth
Asset logo for symbol CARS
CARS72

$17.36

arrow_drop_down0.68%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Cars.com (CARS) Stocklytics Forecast

Cars.com Inc (CARS) is a leading online marketplace for automotive consumers. As the digital age continues to revolutionize the way people shop for cars, CARS has positioned itself as a trusted source for buyers and sellers alike. With its user-friendly interface and comprehensive database of vehicles, CARS offers a convenient and efficient platform for car enthusiasts to connect with each other. The company's stock price has been on a steady rise in recent years, reflecting its strong business performance and optimistic market sentiment.
Looking ahead, analysts have expressed positive views on the future prospects of Cars.com Inc. According to their forecasts, CARS stock is expected to continue its upward trajectory, with a projected price target of $X by 2023. This optimistic outlook is supported by the company's solid financials and its ability to adapt to changing consumer preferences. Moreover, the integration of artificial intelligence and machine learning into its operations is expected to further enhance its competitive advantage.
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Frequently Asked Questions

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What is the analyst price prediction for Cars.com (CARS) stock?

Analysts have set a target price of $20.23 for Cars.com (CARS), based on forecasts from 16 analysts. The predicted price range extends from a high of $26 to a low of $8. This represents a potential increase of up to 49.77% and a decrease of -53.92% from the current price of $17.36. These forecasts are as of 2020 Feb 26.
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What are the analyst ratings for Cars.com (CARS) stock?

The analyst ratings for Cars.com (CARS) are distributed as follows: 4 analysts recommend buying, 2 have a neutral stance, and 1 suggest selling. The prevailing sentiment among the total of 7 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Cars.com .
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What is the AI price prediction for Cars.com (CARS) stock?

At present, there is no AI or machine-learning-based price prediction available for Cars.com (CARS) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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