SYDNEY, June 27, 2026, 08:06 AEST
- CAR Group Limited ASX:CAR dropped 5.22% to close at A$24.50 on Friday as the S&P/ASX 200 added 0.18%. StockAnalysis
- The stock fell 11.78% in seven days. The ASX 200 dropped 0.73% this week. TradingView
- The average analyst target sits at A$33.93, pointing to a 38.49% gain. Next results are due Aug. 10. StockAnalysis
ASX cash market stayed closed Saturday morning in Sydney. Regular trading on the exchange is scheduled from 09:59:45 to 16:00 Sydney time, so the market’s last price is from Friday’s close. Australian Securities Exchange
CAR Group Limited ASX:CAR finished Friday at A$24.50, off A$1.35 for the day. Shares moved in a range from A$24.20 to A$25.46. Volume hit 2.41 million shares, compared to the 2.16 million average. Google
The move erased around A$511 million in equity value in one day, using 378.86 million shares as the base. That’s a big price hit, not a slow trim. Google
CAR dropped 11.78% for the week—much steeper than the market. The S&P/ASX 200 closed up 15.5 points, or 0.18%, at 8,764.2 on Friday. Over the week, the index lost 64.5 points, or 0.73%. ABC News
CAR traded close to the bottom of its 12-month range, with Google Finance showing a 52-week span from A$21.47 to A$42.06 as of Friday’s close. Shares at A$24.50 sit roughly 14% over the low, and 42% under the top of that range. Google
Valuation is where investors are focused. StockAnalysis puts the average analyst target at A$33.93, based on S&P Global Market Intelligence data as of June 26. The “Buy” call comes from 15 analysts, with a three-year outlook for revenue growth of 9.66% and EPS growth of 10.82%. StockAnalysis
CAR’s last general ASX filing listed was a substantial holding notice on June 10, according to public ASX announcement tables. The last price-sensitive filing shown was the half-year results posted Feb. 9. Intelligent Investor
February remains the big data month for the company on the market. CAR posted H1 FY26 pro forma revenue at A$626 million, a 13% rise in constant currency. Pro forma EBITDA landed at A$339 million, also up 12%. NPAT came in at A$143 million, a 16% gain.
Segment mix is important for investors watching growth. Australia revenue was up 8%. In constant currency, North America gained 13%, Latin America added 23%, and Asia increased 17%.
carsales CEO William Elliott said in February that “traffic and enquiry levels remain strong” across the business. He said AI is “a critical enabler,” and the group is working on voice-controlled vehicle search and AI companions.
CAR stuck to its FY26 targets in the latest update: pro forma revenue seen up 12% to 14%, pro forma EBITDA up 10% to 13%, and adjusted NPAT up 9% to 13%. All those numbers are in constant currency.
No companies are set to report results this week. TradingView says CAR’s next earnings are due Aug. 10, with estimates calling for next-half revenue of A$657.70 million and EPS of A$0.60. TradingView
