Carsales stock gets a double digit FY2027 growth outlook by CAR Group
Published on 10/07/2026 at 07:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Carsales stock (ISIN AU000000CAR3) was trading at AUD 22.37 on the ASX on October 7, 2026, up 0.99 percent from the prior close. The company behind the platform, CAR Group, is carrying a FY2027 outlook for double-digit growth after another expansionary year.
FY2027 guidance sets the frame
According to Yahoo Finance in the FY2026 results call dated August 10, 2026, CAR Group is guiding to constant-currency revenue growth of 11%-14% for FY2027. Adjusted EBITDA growth is guided at 10%-13%, while adjusted net profit after tax is expected to increase 9%-12%.
The outlook follows 12% growth in pro forma revenue and EBITDA during FY2026, alongside an 11% increase in adjusted net profit after tax, all measured in constant currency. The comparison matters because the company is entering FY2027 with growth expectations that remain close to the pace delivered in the prior year.
Margins remain the key test
CAR Group reported a 56% EBITDA margin for FY2026, unchanged from FY2025, according to Yahoo Finance. EBITDA operating cash conversion reached 100%, while net debt stood at 1.7 times EBITDA.
The regional mix adds another dimension. Revenue and EBITDA in North America rose 12% in constant currency during FY2026, Latin American revenue increased 19% while EBITDA rose 23%, and Asia delivered revenue growth of 15% with EBITDA up 14%. These figures show that the growth case is spread across several markets rather than resting only on the Australian carsales platform.
Analysts see room above AUD 22.37
The consensus view published by Investing.com on September 11, 2026, is Buy from 15 analysts. The average 12-month price target is AUD 33.32, with a high of AUD 35.50 and a low of AUD 29.50. The average target lies 48.9 percent above the AUD 22.37 price.
Jefferies also listed Carsales.com among its five preferred technology picks after the August reporting season and assigned a Buy rating with a AUD 33.50 price target, as reported by Investing.com on September 8, 2026. The contrast for investors is clear: operational growth remains double digit, but the share price is still in the lower half of its AUD 21.20 to AUD 38.66 52-week range.
AGM date adds a checkpoint
CAR Group has scheduled its 2026 annual general meeting for October 30, 2026, at 11:00 a.m. AEDT. The meeting provides the next formal checkpoint for the FY2027 outlook, capital allocation and progress across the group's international marketplaces.
Carsales stock stays below its yearly high
Carsales stock was trading at AUD 22.37 on the ASX on October 7, 2026, with an AUD 8.5 billion market capitalization. The stock's 52-week range was AUD 21.20 to AUD 38.66, leaving the FY2027 growth outlook as the central valuation question rather than a lack of operating momentum.
Carsales stock key data
- Company: CAR Group Limited
- ISIN: AU000000CAR3
- Ticker: CAR.AX
- Trading venue: ASX
- Price (as of October 7, 2026): AUD 22.37
- Market capitalization: AUD 8.5 billion (as of October 7, 2026)
- 52-week range: AUD 21.20-38.66 (as of October 7, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
- Index membership: ASX 50
