Citi Retains a Buy Rating on Group 1 Automotive, Inc. (GPI)

Published on April 13, 2026 at 6:06 am by Fatima Gulzar in News

Group 1 Automotive, Inc. (NYSE:GPI) is one of the 9 Best Auto and Truck Dealership Stocks to Buy Now. On April 8, 2026, Citi reduced Group 1 Automotive, Inc. (NYSE:GPI)’s price objective from $490 to $420 while retaining a Buy rating. The company reduced earnings projections by around 8% to reflect lower-than-expected industry volumes.

Group 1 Automotive, Inc. (NYSE:GPI) published fourth-quarter and full-year 2025 results, with full-year sales of $22.6 billion, up 13.2%, and gross profit of $3.6 billion, up 11.8%, fueled by a record number of parts and service gross profit of $1.6 billion. The corporation reported fourth-quarter revenue of $5.6 billion, a 0.6% growth, with net income of $43.0 million and diluted EPS of $3.47, including $68.2 million in non-cash impairment costs. Adjusted net income totaled $105.0 million, with an adjusted EPS of $8.49. CEO Daryl Kenningham pointed out that the company produced record results across all business divisions. The firm repurchased approximately 10.1% of outstanding shares while conducting acquisitions and divestitures to maximize its portfolio.

Group 1 Automotive, Inc. (NYSE:GPI) operates in the automotive retail industry. The company also sells new and used automobiles and light trucks, arranges vehicle financing, sells service contracts, offers automotive maintenance and repair services, and sells vehicle parts. It works in two geographical segments: the United States and the United Kingdom.