Carsales stock falls 1.34 percent as FY2026 growth sets test
Published on 10/05/2026 at 13:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Carsales stock (ISIN AU000000CAR3) was last at AUD 22.07 on the ASX on October 5, 2026, down 1.34 percent at 3:18 p.m. AEST. The latest full-year figures show why the next growth phase matters more than the daily move.
FY2026 growth sets the benchmark
CAR Group reported revenue of AUD 1.253 billion for fiscal year 2026, up 6 percent from the prior corresponding period, while net profit after tax reached AUD 314 million, up 14 percent, according to Motley Fool Australia on September 17, 2026.
The comparison is important because the company enters fiscal year 2027 with profit growth ahead of revenue growth. That spread points to operating leverage, although the stock still needs the forecast expansion to convert into fresh earnings momentum.
Guidance points to faster revenue
CAR Group expects constant-currency revenue growth of 11 percent to 14 percent in fiscal year 2027, according to Motley Fool Australia. The range is materially above the 6 percent revenue growth delivered in fiscal year 2026, making execution against the outlook the central earnings test.
CAR Group operates digital vehicle marketplaces in Australia, South Korea, North America, Brazil and Chile, with advertising, data and technology services supporting the marketplace model, according to the company's investor centre. That geographic mix gives the group several growth channels, but it also exposes results to different vehicle markets and currencies.
Consensus stays above the market
Simply Wall St lists a consensus price target of AUD 32.89 and 15 estimate contributors among 27 analysts covering CAR Group. Against the October 5 price of AUD 22.07, that target is 48.9 percent above the share price, making the gap a valuation test rather than a substitute for delivered growth.
The same analyst data projects fiscal year 2026 earnings per share of AUD 0.93 and revenue of AUD 1.27 billion. Those estimates sit close to the reported revenue base, so the market's next judgment will likely depend on whether the 11 percent to 14 percent fiscal year 2027 guidance range becomes visible in quarterly trading.
Carsales stock remains within its yearly range
Carsales stock was last at AUD 22.07 on the ASX on October 5, 2026, with a 52-week range of AUD 21.20 to AUD 38.68 and market capitalization of AUD 8.4 billion. Trading volume was 547,991 shares, keeping the daily decline in the context of a stock positioned near the lower end of its annual range.
More facts about Carsales stock
- Company: CAR Group Limited
- ISIN: AU000000CAR3
- Ticker: CAR
- Trading venue: ASX
- Price (as of October 5, 2026, 3:18 p.m. AEST): AUD 22.07
- Market capitalization: AUD 8.4 billion (as of October 5, 2026)
- 52-week range: AUD 21.20-38.68 (as of October 5, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
- Index membership: ASX 50
