$AN

AUTONATION, INC.

AlphAI earnings readsecond quarter 2026 · JUL 31AutoNation Reports Second Quarter 2026 ResultsVerdict: mixed

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Morgan Stanley cuts AutoNation, Group 1 as dealer headwinds mount

Morgan Stanley downgraded AutoNation (AN) and Group 1 (GPI) due to earnings revisions, higher rates, and industry challenges. AN was cut to Equal-weight with a $175 target, while GPI was lowered to Underweight with a $232 target. The bank cited declining new-vehicle profits, service growth moderation, and macroeconomic pressures. Morgan Stanley also reduced EPS estimates and price targets for franchise dealers, expecting further downward revisions as Q3 results are reported.

Here Are Monday’s Top Wall Street Analyst Research Calls: Align Technology, AutoNation, Estee Lauder, Harley-Davidson, HubSpot, Microsoft, Mosaic, Ryder System, Wells Fargo & Company, and More

Wall Street analysts issued updates on several companies. Estee Lauder (EL) was upgraded to Outperform with a $108 target, Harley-Davidson (HOG) to Buy with a $33 target, Microsoft (MSFT) to Buy with a $665 target, and Wells Fargo (WFC) to Overweight with a $102 target. Align Technology (ALGN) was downgraded to In Line with a $155 target, and HubSpot (HUBS) to Market Perform. Bitcoin (BTC) saw volatility, trading around $86,120 after a Citigroup $113,000 target.

AN sentiment & insider activity

Over the past 7 days, AlphAI's AI scored 6 news stories mentioning AN (AUTONATION, INC.). Coverage has skewed bearish: 0 bullish, 0 neutral, and 6 bearish.

Recent AN coverage spans financial news, earnings and market movers.

What's driving AN

AlphAI scores every news story that mentions AN with an AI model for sentiment and relevance, and aggregates insider trades from AUTONATION, INC.'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $AN

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$ANMed

Morgan Stanley cuts AutoNation, Group 1 as dealer headwinds mount

Morgan Stanley downgraded AutoNation (AN) and Group 1 (GPI) due to earnings revisions, higher rates, and industry challenges. AN was cut to Equal-weight with a $175 target, while GPI was lowered to Underweight with a $232 target. The bank cited declining new-vehicle profits, service growth moderation, and macroeconomic pressures. Morgan Stanley also reduced EPS estimates and price targets for franchise dealers, expecting further downward revisions as Q3 results are reported.

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Here Are Monday’s Top Wall Street Analyst Research Calls: Align Technology, AutoNation, Estee Lauder, Harley-Davidson, HubSpot, Microsoft, Mosaic, Ryder System, Wells Fargo & Company, and More

Wall Street analysts issued updates on several companies. Estee Lauder (EL) was upgraded to Outperform with a $108 target, Harley-Davidson (HOG) to Buy with a $33 target, Microsoft (MSFT) to Buy with a $665 target, and Wells Fargo (WFC) to Overweight with a $102 target. Align Technology (ALGN) was downgraded to In Line with a $155 target, and HubSpot (HUBS) to Market Perform. Bitcoin (BTC) saw volatility, trading around $86,120 after a Citigroup $113,000 target.

Analyst recommendations: Estee Lauder, Nike, Intel, Nvidia

Analysts updated ratings and price targets for multiple companies. Estee Lauder (EL) was upgraded to Overweight with a new target of $108 by Barclays. Nike (NKE) was downgraded to Neutral with a target reduced to $35 by CTBC. Intel (INTC) and Nvidia (NVDA) saw target increases, while Tesla (TSLA) was kept at Reduce with a higher target.

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Morgan Stanley downgrades AutoNation stock rating on earnings concerns

Morgan Stanley downgraded AutoNation (AN) to Equalweight from Overweight, lowering its price target to $175 from $250. The move follows AutoNation's reduced Q3 guidance, citing downside risk to earnings. The stock has fallen 21% year-to-date. Morgan Stanley cut its EPS estimates for Q3 and 2027, now below consensus. AutoNation's Q2 earnings beat estimates, but revenue missed expectations. The company has maintained six consecutive quarters of year-over-year earnings growth.

Used-car results of public retailers exemplify ‘divergence’

Public auto retailers reported mixed Q2 2026 used-car results, with average U.S. same-store gross profit per used vehicle at $1,846, down 0.1% YoY but up sequentially. Lithia saw a 20% QoQ rise, Asbury reported a 16% QoQ increase, while Group 1 faced an 18% decline. Sonic and AutoNation also posted gains, highlighting divergence in the sector.

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AutoNation (AN) Q2 2026 Earnings Call Transcript

AutoNation (AN) reported Q2 2026 adjusted diluted EPS of $5.56, up 2% year over year, with total revenue of $6.93 billion, essentially flat. After-sales gross profit was a record $607 million, and Customer Financial Services profitability rose to $2,800 per vehicle. ANF net income increased to $11 million and the portfolio grew to $2.67 billion. The company repurchased $457 million of shares and acquired four stores.

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