BofA cuts target to USD 323 for Group 1 Automotive stock

Published on 10/17/2026 at 19:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 28, 2026 before open. Group 1 Automotive stock stood at USD 242.22 on October 16, 2026, up 1.01 percent versus NYSE close.

Analyst target and earnings date

On October 16, 2026, BofA cut its Group 1 Automotive target from USD 380.00 to USD 323.00.
Second-quarter 2026 revenue was USD 5.39 billion, while diluted earnings per share were USD 9.61 against a USD 10.60 estimate.
Group 1 Automotive stock stood at USD 242.22 at 4:00 p.m. ET on October 16, 2026, up 1.01 percent versus the NYSE prior close of USD 239.80.
Group 1 Automotive is scheduled to report third-quarter 2026 results on October 28, 2026.

GPI, US3989051095, Illustration mit AI erstellt.

Group 1 Automotive (ISIN US3989051095) saw BofA analyst Alexander Perry cut the firm's target to USD 323.00 from USD 380.00 on October 16, 2026, while keeping a Buy rating, according to Markets Insider. The new target is 33.35 percent above the NYSE price of USD 242.22. Group 1 Automotive stock stood at USD 242.22 on October 16, 2026 at 4:00 p.m. ET, up 1.01 percent versus the NYSE prior close of USD 239.80.

Second-quarter figures set the baseline

In the second quarter of 2026, revenue came to USD 5.39 billion and diluted earnings per share were USD 9.61, below the USD 10.60 estimate, according to Yahoo Finance. The same period showed a 1.90 percent profit margin. The comparison matters because the BofA target cut followed a weaker earnings backdrop rather than a change in the company's reporting calendar.

Stock position after October 16

The stock's October 16, 2026 range was USD 240.00 to USD 248.37, with 157,255 shares traded against an average volume of 237,171 shares. Its 52-week range was USD 225.51 to USD 461.27, placing the stock 7.41 percent above its low and 47.48 percent below its high. The year-to-date performance was minus 38.41 percent.

Valuation and the next report

Group 1 Automotive had a market capitalization of USD 2.9 billion and a trailing price-to-earnings ratio of 10.08 on October 16, 2026. Its forward dividend yield was 0.91 percent. The company is scheduled to release third-quarter 2026 results before the market opens on October 28, 2026, followed by a conference call at 10:00 a.m. ET, according to Yahoo Finance.

Comparison with peers

Group 1 Automotive: plus 1.01 percent, P/E 10.08, market capitalization USD 2.9 billion
Lithia Motors (NYSE, USD): minus 0.06 percent, P/E 9.79, market capitalization USD 6.5 billion
Asbury Automotive Group (NYSE, USD): plus 0.11 percent, P/E 6.36, market capitalization USD 3.1 billion

October 28 is the next checkpoint

The October 28 results will provide the next test for earnings recovery after the second-quarter comparison with estimates. The October 16 price was still 33.35 percent below the BofA target of USD 323.00.