Cars.com(CARS)

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Cars.com(CARS) - 2025 Q2 - Quarterly Results
2025-08-07 11:45
Exhibit 99.1 Cars.com Reports Second Quarter 2025 Results Grew to 19,412 Dealer Customers, Driven by Strong Sequential Increase in Marketplace Subscriptions Achieved Record First Half 27.8MM Monthly Average Unique Visitors and 332MM Visits Repurchased 2.1 Million Shares, Representing 3% of Shares Outstanding Raising FY 2025 Share Repurchase Target to $70 to $90 Million CHICAGO, August 7, 2025 -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc." or the "Company"), an audience-driven technology company e ...
Cars.com Reports Second Quarter 2025 Results
Prnewswire· 2025-08-07 11:30
Grew to 19,412 Dealer Customers, Driven by Strong Sequential Increase in Marketplace Subscriptions Achieved Record First Half 27.8MM Monthly Average Unique Visitors and 332MM Visits Repurchased 2.1 Million Shares, Representing 3% of Shares Outstanding Raising FY 2025 Share Repurchase Target to $70 to $90 Million CHICAGO, Aug. 7, 2025 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc." or the "Company"), an audience-driven technology company empowering the automotive industry, today releas ...
Cars.com Stock: Structural Recovery Lacks Confirmation
Benzinga· 2025-07-25 10:46
Core Viewpoint - CARS is currently in Phase 11 of its 18-Phase Adhishthana Cycle, indicating a need for patience despite its attractive value proposition [1] Group 1: Adhishthana Framework - The stock formed a structure known as the Adhishthana Cakra between Phases 4 and 8, typically indicating an arc or consolidation zone [2] - Instead of breaking out in Phase 9, CARS experienced a significant breakdown, leading to a sharp decline from the $20 zone to as low as $9 [4] - Currently in Phase 11, the structure suggests continued consolidation until the Guna Triads begin in Phase 14, which is necessary for a confirmed upward trend [4] Group 2: Monthly and Weekly Analysis - The monthly chart shows CARS in the latter part of Phase 2, known as the Buddhi Move, which is often bullish if the prior Sankhya period was formed correctly [7] - CARS did not collapse during its Sankhya period but traded within a wide range, allowing for the possibility of a Buddhi rally [8] - There is a timing mismatch as Phase 2 ends in March 2027, while the Guna Triads begin in May 2027, raising questions about the potential for a rally before the Guna Triads confirm long-term potential [8] Group 3: Investment Recommendations - The stock is currently bouncing between the $9 to $10 range, appearing to be a value buy, but the unclear weekly structure and unconfirmed Buddhi move complicate the investment decision [8] - Existing investors are advised to hold, especially those with long-term patience, while new investors should wait for structural confirmation likely after Phase 14 begins [9] - CARS is described as a car stuck in neutral, promising on paper but awaiting the right conditions to initiate a rally [9]
Cars.com to Announce Second Quarter 2025 Financial Results
Prnewswire· 2025-07-24 20:15
Core Viewpoint - Cars.com Inc. is set to report its financial results for Q2 2025 on August 7, 2025, with a conference call scheduled for the same day to discuss these results [1][2]. Group 1: Financial Reporting - The company will announce its financial results for the second quarter ended June 30, 2025, on August 7, 2025 [1]. - A conference call will be hosted by CEO Alex Vetter and CFO Sonia Jain at 8:00 a.m. CT/9:00 a.m. ET on the same day [2]. Group 2: Company Overview - Cars Commerce is an audience-driven technology company that empowers the automotive industry by simplifying car buying and selling through AI-driven technologies [3]. - The company's platform includes various products and solutions that enhance retail operations, including Cars.com, Dealer Inspire, AccuTrade, DealerClub, and Cars Commerce Media Network [3].
MASERATI MC12 STRADALE SUPERCAR LEADS BROAD ARROW'S MONTEREY JET CENTER AUCTION OFFERING
GlobeNewswire News Room· 2025-07-24 17:16
Core Insights - Broad Arrow Auctions, a Hagerty company, is set to host its flagship Monterey Jet Center Auction on August 13-14, 2025, featuring a landmark 2005 Maserati MC12 Stradale with an estimated value of $4.8 million to $5.5 million [1][2] Auction Highlights - The auction will present 170 lots, showcasing a variety of highly desirable collector cars, including modern supercars, post-war classics, and JDM icons [4][5] - The Maserati MC12 Stradale is noted for its rarity, with only 50 units produced, and is based on the Ferrari Enzo, featuring a competition-purpose body and a powerful 6.0-liter V12 engine [2][3] Supercar Segment - Additional supercar highlights include: - 2008 Koenigsegg CCXR (Estimate: $2.75 million - $3.5 million) - 2018 Bugatti Chiron (Estimate: $3 million - $3.5 million) - 1991 Ferrari F40 (Estimate: $3.35 million - $3.5 million) - 1968 Lamborghini Miura P400 (Estimate: $2 million - $2.4 million) [6] Track Stars - The auction features notable racing cars, including a 1959 Porsche 718 RSK Spyder (Estimate: $3.5 million - $4 million), which has a rich racing history and is eligible for prestigious vintage racing events [7] JDM Icons - The auction highlights the growing market for Japanese Domestic Market collector cars, featuring a rare 1999 Nissan Skyline CRS GT-R V-Spec by NISMO (Estimate: $700,000 - $850,000) [8] Post-War Classics - Key post-war classic offerings include: - 1967 Ferrari 275 GTB/4 (Estimate: $2.5 million - $3 million) - 1965 Ferrari 275 GTB (Estimate: $2.5 million - $2.8 million) - 2009 Mercedes-Benz SLR McLaren Prototype "Stealth" (Estimate: $1 million - $1.25 million) [9][10] Event Details - The auction will take place at The Monterey Jet Center in California, coinciding with Motorlux, attracting thousands of collectors and enthusiasts [14]
Wall Street Analysts Believe Cars.com (CARS) Could Rally 32.61%: Here's is How to Trade
ZACKS· 2025-07-22 14:55
Group 1 - Shares of Cars.com (CARS) have increased by 11.6% over the past four weeks, closing at $12.88, with a mean price target of $17.08 indicating a potential upside of 32.6% [1] - The mean estimate consists of six short-term price targets with a standard deviation of $5.02, where the lowest estimate is $12.00 (6.8% decline) and the highest is $25.00 (94.1% increase) [2] - Analysts show a consensus that Cars.com will report better earnings than previously estimated, which is a positive indicator for potential stock upside [4][11] Group 2 - The Zacks Consensus Estimate for the current year has risen by 0.8% over the past month, with one estimate increasing and no negative revisions [12] - Cars.com holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does suggest a positive direction for price movement [14]
Tariffs and Expiring Federal EV Tax Credits Fuel Affordability Challenges in Auto After H1 Sales Boom, According to Cars Commerce's Industry Insights Report
Prnewswire· 2025-07-18 11:30
Core Insights - Federal policy shifts are significantly impacting the new and used car market, with consumer demand data from over 29 million shoppers and vehicle supply data from millions of vehicles informing the analysis [1] Pricing Trends - Imported vehicle prices have risen, particularly from the U.K. with an increase of over $10,000, while prices for U.S.-built vehicles have dropped by nearly $200 on average [2][3] - Average new vehicle prices have increased slightly by just under $100 since January [2] Market Segmentation - The entry-level vehicle segment, priced under $30,000, has seen a significant decline in market share from 38% in 2019 to an average of 13.6% in the first half of 2025, largely due to tariffs affecting foreign-built vehicles [4] - The mid-range new car segment ($30,000 to $49,000) accounts for nearly half of all inventory, with 50% of these vehicles being imported [5] Electric Vehicle (EV) Market - The average price of new electric vehicles is $65,000, with the federal EV tax credit of up to $7,500 for new vehicles set to expire soon, influencing purchase decisions for 48% of current EV shoppers [6] - 53% of current EV owners cited the tax credit as a primary reason for their purchase [6] Used Vehicle Market Dynamics - Used car prices rose nearly 3% in the first half of 2025, driven by increased inventory from trade-ins during a surge in new car buying [7] - The average time used vehicles spend on dealer lots has decreased by nearly 5% year over year, indicating a faster turnover rate [7]
Analyst Revs Up Cars.com, Hits The Brakes On 3 Others
Benzinga· 2025-07-17 16:27
Core Insights - Auto retail ecosystem companies have shown strong performance year-to-date despite the announcement of auto tariffs and weakening industry fundamentals [1] - JPMorgan analyst Rajat Gupta has made several rating changes for key automotive stocks [1] Cars.com - JPMorgan upgraded Cars.com Inc (CARS) from Neutral to Overweight with a price target of $14 [2] - The company has made significant progress in developing new products that integrate into dealers' workflows, which is expected to help retain dealer customers [3] Sonic Automotive - Sonic Automotive Inc (SAH) was downgraded from Overweight to Underweight, with a price target increase from $65 to $72 [4] - Despite a strong luxury brand mix and exposure to key markets like California and Texas, Sonic has underperformed its peers and trades at a premium [4] Group 1 Automotive - Group 1 Automotive Inc (GPI) was downgraded from Overweight to Neutral, with a price target reduction from $435 to $415 [5] - The company's solid execution has been aided by favorable Texas exposure, but regional concentration increases volatility [5] Asbury Automotive Group - Asbury Automotive Group Inc (ABG) was downgraded from Neutral to Underweight, with a price target cut from $235 to $225 [5] - While the company is positioned for long-term growth through strategic acquisitions and digital investments, risks related to integration, execution, and elevated leverage are concerning [6]
20 Years of Cars.com's American-Made Index: 2025 Results
Prnewswire· 2025-06-17 11:30
Core Insights - Tesla continues to dominate the 2025 American-Made Index, holding the top four positions with the Model 3, Model Y, Model S, and Model X, marking its second consecutive year at the top since its debut in 2020 [1][3] - The Jeep Gladiator ranks fifth, making it the highest-ranked American-made pickup truck [1] - The index reflects a significant shift in consumer preferences, with 51% of shoppers influenced by tariffs to seek American-made vehicles, and 73% considering American-built vehicles to avoid additional costs [4][5] Automaker Performance - Honda's Alabama facility produces five of the top 20 vehicles, showcasing its consistency and scale in the market [2] - GM remains a dominant player with the most vehicles represented in the index, while Kia and Volkswagen also contribute with their respective models [2] - The index includes vehicles from 36 factories across the U.S., with a notable concentration in the South and Midwest, highlighting the geographic distribution of auto manufacturing [6][7] Economic Impact - The 2025 AMI emphasizes the economic significance of domestic production, with automaker investments creating jobs and generating tax revenue for local economies [8] - The average domestic parts content of the top 10 vehicles has decreased from 83.4% in 2006 to 70.3% today, indicating the increasing complexity and global integration of auto manufacturing [9] Methodology - The American-Made Index ranks vehicles based on assembly location, parts sourcing, U.S. factory employment, engine sourcing, and transmission sourcing, providing a comprehensive view of the automotive landscape [10]
2025 KIA SPORTAGE HYBRID NAMED AMONG LIST OF CARS.COM'S BEST HYBRIDS FOR THE MONEY
Prnewswire· 2025-05-19 13:00
Core Insights - The 2025 Kia Sportage Hybrid has been recognized as the Best Hybrid for the Money in the Compact SUV category by Cars.com, marking its second consecutive year of recognition [1][2] - Kia emphasizes its commitment to value and innovation in the hybrid segment, as reflected in the Sportage Hybrid's performance and design [1] - The evaluation for Cars.com's Best Hybrids for the Money list is based on the efficiency-cost rating, which considers the EPA's combined mpg rating relative to the vehicle's base price [1] Company Overview - Kia America is headquartered in Irvine, California, and is recognized for its automotive quality, being listed among TIME World's Most Sustainable Companies of 2024 [3] - The company serves as the Official Automotive Partner of the NBA and WNBA, offering a diverse range of gasoline, hybrid, plug-in hybrid, and electric vehicles through nearly 800 dealers in the U.S. [3] Future Developments - The 2026 Sportage has been revealed, building on the success of its predecessor with a fully redesigned package that focuses on design, innovation, technology, and convenience [2] - The 2026 model will offer three distinct powertrain variants: ICE, Turbo Hybrid (HEV), and Turbo Plug-in Hybrid (PHEV), along with an expanded trim range [2]