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Craig-Hallum Upgrades Asbury Automotive Group to Buy

Fiscal.ai

Craig-Hallum has upgraded Asbury Automotive Group from Hold to Buy, setting a price target of $250.

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    Compared to Estimates, Asbury Automotive (ABG) Q3 Earnings: A Look at Key Metrics

    Asbury Automotive reported Q3 2026 revenue of $4.41 billion, down 8.1% year-over-year and slightly missing the consensus estimate of $4.43 billion. EPS of $6.16 fell short of the $6.46 estimate. Key metrics showed mixed results with used vehicle retail sales exceeding expectations while new vehicle sales and average selling prices fell short. The stock carries a Zacks Rank #5 (Strong Sell) rating and has underperformed the broader market.