
ABG Stock Forecast & Price Target
ABG Analyst Ratings
Bulls say
Asbury Automotive Group reported strong financial performance, generating $17.2 billion in revenue in 2024, positioning itself for an ambitious goal of reaching $30 billion by 2030. The company demonstrated robust growth in new vehicle sales, with a 2-year increase of 8.7% in new units per store and an even more significant acceleration on a per store basis, showing a 9.7% rise compared to 6.4% in the previous quarter. Overall, Asbury's focus on luxury and import brands, along with its comprehensive offerings in financing and insurance, underpins a positive long-term outlook for the company.
Bears say
Asbury Automotive Group is experiencing declining trends in used vehicle sales, with per-store units down 0.9%, which indicates a worsening performance compared to a 6.5% decrease in the previous quarter. The company's projected earnings for its Total Care Auto segment are concerning, with an estimated negative earnings per share (EPS) of $2.28 for 2026. Additionally, ongoing adverse trends could pose significant delays and risks to the achievement of sales and margin targets, which undermines the firm’s ambition of reaching $30 billion in revenue by 2030.
This aggregate rating is based on analysts' research of Asbury Automotive Group and is not a guaranteed prediction by Public.com or investment advice.
ABG Analyst Forecast & Price Prediction
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