Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
Investing.com - KeyBanc Capital Markets raised its price target on Camping World Holdings (NYSE:CWH) to $21.00 from $18.00 on Thursday, while maintaining an Overweight rating on the recreational vehicle retailer. The stock, currently trading at $17.37, has shown strong momentum with a 17.1% gain over the past week, according to InvestingPro data.
The price target increase follows meetings between KeyBanc analysts and Camping World’s management, including Chairman and CEO Marcus Lemonis and SVP of Corporate Development and Investor Relations Brett Andress.
KeyBanc noted it became "incrementally positive" on Camping World’s medium-term and long-term opportunities, both organic and through mergers and acquisitions, following the discussions with management.
According to KeyBanc, Camping World’s management expressed confidence in the company’s ability to generate over $500 million in adjusted EBITDA at an industry retail level of 400,000 units with its current dealership base, though the company emphasized that M&A activity is not on pause.
The investment bank believes Camping World is well-positioned within the RV sector due to its "unique idiosyncratic elements" including M&A potential and the profitability and resiliency of its Good Sam membership program.
In other recent news, Camping World Holdings Inc . reported its second-quarter earnings for 2025, showcasing a mixed performance. The company achieved a revenue of 2 billion dollars, surpassing forecasts, yet its earnings per share (EPS) fell short at 0.57 dollars compared to the expected 0.6 dollars. Despite this earnings miss, the company’s shares experienced a notable movement in premarket trading. In addition, BMO Capital has adjusted its price target for Camping World to 25 dollars from the previous 30 dollars. The adjustment is attributed to increasing consumer preference for more affordable recreational vehicle units, which is exerting pressure on the company’s average selling prices. BMO Capital, however, continues to maintain an Outperform rating on the stock. These developments reflect the current dynamics and challenges faced by Camping World in the market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.