Carparts.Com Inc (PRTS) Stock Analysis

AI analysis of Carparts.Com Inc (PRTS)

Hold

CarParts.Com Inc is currently trading at $7.45, which is significantly below its 52-week high of $10.98, indicating potential upside. However, the RSI is at 41.06, suggesting that the stock is nearing oversold territory but is not yet a strong buy signal. The forward P/E ratio is extremely high at 909.09, indicating that the stock may be overvalued based on future earnings expectations. The company has shown some improvement with a gross margin of 33.39% in Q3 2026, but it still reported a net loss of $4.1 million in the same quarter, which is a concern. The main risk is the high forward P/E ratio, which suggests that expectations for future growth are not being met currently, making it a riskier investment at this time.

Analyst Ratings (1)

-92.41% Downside

Buy

1 Buy

0 Hold

0 Sell

Current: 7.90

Low

0.60

Average

0.60

High

0.60

RBC Capital

Hold

$0.8

2024-10-30

RBC Capital

2024-10-30

Price Target

$0.8

Hold

RBC Capital

Hold

$1.3

2024-07-31

RBC Capital

2024-07-31

Price Target

$1.3

Hold

Lake Street

Strong Buy

$2

2024-07-31

Lake Street

2024-07-31

Price Target

$2

Strong Buy

Craig-Hallum

Hold

$2

2024-05-08

Craig-Hallum

2024-05-08

Price Target

$2

Hold

RBC Capital

Buy

$3

2024-03-08

RBC Capital

2024-03-08

Price Target

$3

Buy

See All Ratings

Valuation Metrics

The current forward P/E ratio for Carparts.Com Inc (PRTS) is 909.09, compared to its 5-year average forward P/E of 76.84.

Forward P/E

Strongly Overvalued

5Y Average P/E

76.84

Current P/E

909.09

Overvalued

465.30

Undervalued

-311.62

Forward EV/EBITDA

Fair

5Y Average EV/EBITDA

14.17

Current EV/EBITDA

50.36

Overvalued

52.44

Undervalued

-24.10

Forward P/S

Fair

5Y Average P/S

0.28

Current P/S

0.11

Overvalued

0.51

Undervalued

0.04

Alphio AI Price Scenarios for PRTS

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%PRTS

$0.77

Scenario price

B

Base

Base · 50%PRTS

$0.69

Scenario price

B

Bear

Bear · 25%PRTS

$0.53

Scenario price

Whales holding PRTS

O

Oaktop Capital Management II, L.P.

+ HoldingPRTS

+6.17%

3M Return

PRTS FAQ — answered by Alphio AI

CarParts.com, Inc. is a technology-enabled e-commerce company offering automotive parts and accessories. The Company serves as a one-stop destination for vehicle repair, upgrade, and maintenance needs. It principally sells its products to individual consumers through its website at www.carparts.com and mobile applications, online marketplaces and wholesale platforms. It has classified its products into three subcategories by function: replacement parts, hard parts, and other parts and accessories. The replacement parts category primarily consists of parts for the exterior of an automobile. The hard parts category include engine, chassis, drivetrain, suspension, braking, electrical and other mechanical components necessary for vehicle operation. The other parts category includes products designed to enhance vehicle performance, functionality and comfort or appearance. It also sells its products through online marketplaces, including third-party auction sites like eBay. It operates in the Consumer Cyclicals sector (RETAIL-AUTO & HOME SUPPLY STORES industry).

CarParts.Com Inc is currently trading at $7.45, which is significantly below its 52-week high of $10.98, indicating potential upside. However, the RSI is at 41.06, suggesting that the stock is nearing oversold territory but is not yet a strong buy signal. The forward P/E ratio is extremely high at 909.09, indicating that the stock may be overvalued based on future earnings expectations. The company has shown some improvement with a gross margin of 33.39% in Q3 2026, but it still reported a net loss of $4.1 million in the same quarter, which is a concern. The main risk is the high forward P/E ratio, which suggests that expectations for future growth are not being met currently, making it a riskier investment at this time.

1 analysts cover PRTS: 1 rate it Buy, 0 Hold and 0 Sell. The average price target is 0.60.