JPMorgan Chase & Co. Cuts AutoNation (NYSE:AN) Price Target to $185.00

Posted by Stanley Muller on Oct 9th, 2026

AutoNation (NYSE:AN – Free Report) had its price target lowered by JPMorgan Chase & Co. from $210.00 to $185.00 in a research note issued to investors on Tuesday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

A number of other research analysts also recently issued reports on AN. Citigroup reduced their price target on shares of AutoNation from $290.00 to $255.00 and set a “buy” rating on the stock in a research report on Monday, September 21st. UBS Group reaffirmed a “buy” rating and set a $248.00 price objective on shares of AutoNation in a research report on Monday, August 3rd. Stephens increased their price objective on shares of AutoNation from $220.00 to $232.00 and gave the stock an “equal weight” rating in a research note on Monday, August 10th. Argus raised their target price on shares of AutoNation from $241.00 to $246.00 and gave the stock a “buy” rating in a report on Tuesday, August 11th. Finally, Morgan Stanley downgraded AutoNation from an “overweight” rating to a “negative” rating in a research note on Monday. Eight investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $230.00.

Check Out Our Latest Research Report on AN

AutoNation Price Performance

Shares of NYSE AN opened at $156.80 on Tuesday. AutoNation has a twelve month low of $152.86 and a twelve month high of $235.81. The company has a current ratio of 0.78, a quick ratio of 0.18 and a debt-to-equity ratio of 2.68. The company has a market capitalization of $5.18 billion, a price-to-earnings ratio of 7.26, a price-to-earnings-growth ratio of 0.77 and a beta of 0.81. The business has a 50 day simple moving average of $192.04 and a 200-day simple moving average of $194.78.

AutoNation (NYSE:AN – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The company reported $5.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.48 by $0.08. The firm had revenue of $6.93 billion for the quarter, compared to analysts’ expectations of $7 billion. AutoNation had a return on equity of 31.24% and a net margin of 2.82%.The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same period last year, the business posted $2.26 earnings per share. As a group, equities research analysts expect that AutoNation will post 21.42 earnings per share for the current year.

Insider Activity at AutoNation

In related news, Director Lisa Lutoff-Perlo sold 900 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $220.00, for a total value of $198,000.00. Following the sale, the director owned 7,989 shares of the company’s stock, valued at $1,757,580. This trade represents a 10.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. bought a new position in AutoNation in the 2nd quarter worth about $438,689,000. Dimensional Fund Advisors LP boosted its position in shares of AutoNation by 4.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,478,991 shares of the company’s stock worth $288,784,000 after buying an additional 56,641 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in shares of AutoNation by 8.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 383,615 shares of the company’s stock worth $74,905,000 after buying an additional 30,725 shares during the period. Bank of America Corp DE bought a new position in AutoNation in the 2nd quarter worth approximately $36,925,000. Finally, Wedge Capital Management L L P NC grew its holdings in AutoNation by 8.2% in the 2nd quarter. Wedge Capital Management L L P NC now owns 186,969 shares of the company’s stock worth $34,737,000 after buying an additional 14,115 shares in the last quarter. 94.62% of the stock is owned by institutional investors and hedge funds.

About AutoNation

(Get Free Report)

AutoNation, Inc is an automotive retailer headquartered in Fort Lauderdale, Florida. The company sells new and used vehicles through a network of franchised dealerships representing a range of major automotive brands, as well as through digital retailing channels.

In addition to vehicle sales, AutoNation provides automotive maintenance and repair, parts, collision repair, vehicle protection products, financing assistance and other related services. Its operations support customers throughout the vehicle ownership cycle, from purchase and financing to routine service and repairs.

The company traces its origins to Republic Industries, which entered the automotive retail business in the 1990s and adopted the AutoNation name in 1998.