Citi is Bullish on Penske Automotive Group, Inc. (PAG)

Penske Automotive Group, Inc. (NYSE:PAG) is one of the 9 Best Auto and Truck Dealership Stocks to Buy Now. On April 8, 2026, Citi reduced Penske Automotive Group, Inc. (NYSE:PAG)’s price objective from $200 to $193 while keeping a Buy rating. Earnings forecasts were decreased by around 8% to reflect lower-than-expected industry volumes.

Penske Automotive Group, Inc. (NYSE:PAG) released fourth-quarter and full-year 2025 results, with quarterly revenue of $7.8 billion, down from $8.1 billion, net income of $186.1 million, and earnings per share of $2.83. The company posted adjusted net income of $191.5 million and adjusted EPS of $2.91, both of which were down from the previous year. The firm announced $31.8 billion in full-year revenue, which remained steady, with net income of $935.4 million and earnings per share of $14.13. Adjusted net income totaled $922.8 million, with an adjusted EPS of $13.94. Chair Roger Penske said that the corporation supplied over 504,000 units and maintained stability through diversified activities, including divestitures and acquisitions, to promote size and growth.

Penske Automotive Group, Inc. (NYSE:PAG) is an international transportation service firm that distributes commercial vehicles, diesel engines, gasoline engines, power systems, and related parts and services. It operates in four segments: retail automotive, retail commercial truck, non-automotive investments, and other.

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