B. Riley Securities maintains Cars.com at Neutral, raises price target to $15 from $13

Barclays initiated coverage on Cars.com (NYSE: CARS) with an Equalweight rating and $14 price target, citing valuation concerns despite growth potential. The company reported Q3 2026 adjusted EPS of $0.58, beating estimates, but revenue slightly missed at $181.9M. Cars.com's EV/EBITDA is 6.48x, P/E 18.3, and PEG 0.28, with strong free cash flow and share buybacks.

Cars.com (CARS) stock rose 5.3% after reporting Q3 2026 results with net income up 113% YoY, revenue at $181.9M, and adjusted EBITDA margin above guidance. The company also repurchased shares. The stock closed at $13.54, up 6.2% from the previous close.

Cars.com (CARS) reported Q3 earnings, with ARPD rising 3% to $2,532. The company added 600 independent dealers YoY. Traffic declined mid-single digits, but lead performance rose nearly double digits. Operating expenses fell 7% YoY to $153M. Free cash flow for nine months was $97.3M. The company reaffirmed its full-year revenue growth forecast of flat to 2% and adjusted EBITDA margin of 29-30%.

Cars.com reported 5% Q3 2026 revenue growth, its best in five years, driven by Marketplace segment success. The company launched a self-service 'Starter Package' and achieved $30M-$35M in annual cost savings. AI integration doubled user base to 1M monthly. Full-year 2026 revenue is expected at the lower end of flat to 2% growth, while adjusted EBITDA is projected at the high end of 29%-30%. The company plans to stabilize its website business in 2027 using AI tools.

Cars.com (CARS) reported slight revenue growth in Q3 2026, with OEM and national revenue down 3% YoY. Dealer count declined due to website subscription drops. Traffic and unique visitors fell mid-single digits YoY. Full-year revenue guidance is toward the lower end of flat to 2% growth. CEO Tobias Hartmann highlighted AI shopping assistant Carson's success and upcoming integrations. CFO Sonia Jain noted OEM ad spend recovery and positive 2027 planning conversations.

Cars.com (CARS) reported Q3 2026 earnings, highlighting $90M share buyback progress and revenue growth. Marketplace revenue rose over 5%, the best in five years, with AI tools like Carson driving consumer engagement. The company also introduced a new self-service starter package for dealers, attracting 400 sign-ups. Cost savings of $30M-$35M were achieved, and new leadership was appointed to drive product-led growth.