AutoNation stock fell 2.18 percent after Morgan Stanley cut its target
Published on 10/07/2026 at 03:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
AutoNation stock (ISIN US05329W1027) was last at USD 158.14 on the NYSE on October 6, 2026, at 4:00 p.m. ET, down 2.18 percent from the previous close. The move followed a rating cut from Morgan Stanley on October 5, 2026, as Investing.com reported.
Target reset to USD 175
Morgan Stanley downgraded AutoNation from Overweight to Equal Weight and cut its price target from USD 250 to USD 175, according to Investing.com on October 5, 2026. At USD 158.14 on October 6, the revised target lies 10.7 percent above the stock price.
The bank also reduced its third-quarter and fiscal 2027 earnings-per-share estimates by 8 percent and 6 percent. That change places the estimate debate ahead of AutoNation's third-quarter report, because the downgrade was tied to the company's reduced third-quarter guidance and pressure on profit per new vehicle.
Q2 earnings beat, revenue missed
AutoNation's second-quarter 2026 adjusted EPS was USD 5.56, above the USD 5.43 consensus estimate, while revenue reached USD 6.93 billion against USD 7.01 billion expected, Investing.com reported. The adjusted EPS result extended AutoNation's year-over-year earnings growth streak to six quarters.
The split between earnings and sales is important for the stock. A USD 0.13 EPS beat did not offset the revenue shortfall, leaving vehicle margins, parts and service growth, and customer financial services as the operating areas most relevant to the next report.
Consensus target stays above USD 246
MarketBeat listed a Moderate Buy consensus on September 30, 2026, with nine Buy ratings, three Hold ratings and an average price target of USD 246.50, according to MarketBeat. That average target lies 55.9 percent above the USD 158.14 price on October 6, showing how sharply the consensus view differs from the recent market level.
AutoNation's 52-week range was USD 152.86 to USD 235.81 on October 6, 2026. The stock therefore stood 3.45 percent above its yearly low, while its USD 5.3 billion market capitalization and 723,102-share volume showed the scale of the session.
Stock stays 3.45 percent above yearly low
AutoNation stock was last at USD 158.14 on the NYSE on October 6, 2026, with the price 3.45 percent above the USD 152.86 52-week low.
AutoNation stock facts
- Company: AutoNation, Inc.
- ISIN: US05329W1027
- Ticker: AN
- Trading venue: NYSE
- Price (as of October 6, 2026, 4:00 p.m. ET): USD 158.14
- Market capitalization: USD 5.3 billion (as of October 6, 2026)
- 52-week range: USD 152.86-235.81 (as of October 6, 2026)
- Sector / Industry: Consumer Discretionary / Retail-Auto Dealers and Gas Stations
