Cars.com Raises Full-Year Share Repurchase Target; Reaffirms Q1, 2026 Guidance

MT Newswires Live

04/10

Cars.com (CARS) said late Thursday it has increased its 2026 share repurchase target to $90 million from more than $60 million and reaffirmed its Q1 and full-year guidance.

The company maintained expectations for Q1 revenue to be flat to up 1% year over year, with an adjusted earnings before interest, taxes, depreciation, and amortization margin of 26% to 27%.

For 2026, the company continues to project revenue growth of flat to up 2% and an adjusted EBITDA margin of 29% to 30%.

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