UBS cuts target to USD 193.00 for Asbury Automotive stock

UBS lowered its Asbury Automotive Group target from USD 250.00 to USD 193.00 on October 7, 2026, according to Robinhood. Asbury Automotive stock was trading at EUR 149.50 at Lang & Schwarz on October 8, 2026, plus 0.67 percent versus the prior close of EUR 148.50.

Three target moves mark the year

Seaport Research Partners upgraded Asbury Automotive to Buy and set a USD 300.00 target on September 8, 2026, according to MarketBeat. Morgan Stanley then cut its target from USD 230.00 to USD 184.00 on October 5, 2026, while keeping an equal weight rating, the same source reported. UBS followed with a reduction from USD 250.00 to USD 193.00 on October 7, 2026, as Robinhood reported.

What does the latest target mean?

The latest target reset contrasts with Asbury's second-quarter 2026 earnings profile. According to MarketBeat, adjusted earnings per share reached USD 6.82 versus USD 6.31 consensus, while revenue was USD 4.38 billion versus USD 4.49 billion expected. The earnings comparison was favorable, but the revenue shortfall gives the target cuts a clear operating counterpoint.

Results date is October 27

Asbury scheduled its third-quarter 2026 results before the market opens on October 27, 2026, according to Business Wire. The company said the conference call would follow at 10:00 a.m. Eastern Time, making the October release the next defined test for revenue and earnings.

Stock trades above the prior close

Asbury Automotive Group has a market capitalization of USD 3.1 billion as of October 8, 2026, while its primary listing is on the NYSE under ticker ABG. Its business includes franchised dealerships, vehicle sales, service and repair, collision centers, finance and insurance products, and vehicle protection services.

Price source: Lang & Schwarz. The further course of trading is shown by the continuously updated real-time quote of Asbury Automotive stock.

Market context: Market report S&P 500.

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