CarParts.com (NASDAQ:PRTS) Shares Pass Above 200 Day Moving Average – Should You Sell?

CarParts.com, Inc. (NASDAQ:PRTS)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.64 and traded as high as $0.9195. CarParts.com shares last traded at $0.8477, with a volume of 1,084,621 shares trading hands.

Trending Headlines about CarParts.com

Here are the key news stories impacting CarParts.com this week:

• Positive Sentiment: CarParts.com reported adjusted EPS of ($0.03), beating expectations of ($0.12), while revenue of $132.0 million also slightly topped estimates. CarParts.com Q1 2026 earnings report
• Positive Sentiment: Management said adjusted EBITDA turned positive and highlighted goals to scale last-mile delivery volume, which suggests improving operating leverage and execution. Seeking Alpha article on EBITDA and last-mile targets
• Neutral Sentiment: Royal Bank of Canada raised its price target on CarParts.com to $0.60 from $0.50 and kept a sector perform rating, which points to limited upside from current levels. Benzinga report on RBC price target change
• Negative Sentiment: Despite the earnings beat, revenue still declined 10.5% year over year and gross profit fell, showing the business remains under pressure. CarParts.com Q1 2026 press release

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on PRTS shares. Royal Bank Of Canada raised their price objective on CarParts.com from $0.50 to $0.60 and gave the company a “sector perform” rating in a research note on Friday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CarParts.com in a research note on Monday, April 20th. Finally, Wall Street Zen raised CarParts.com from a “sell” rating to a “hold” rating in a research note on Sunday, April 19th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $0.60.

CarParts.com Stock Performance

The company has a market cap of $59.92 million, a PE ratio of -1.37 and a beta of 0.84. The company has a current ratio of 1.66, a quick ratio of 0.49 and a debt-to-equity ratio of 0.58. The business has a fifty day moving average of $0.82 and a 200-day moving average of $0.64.

CarParts.com (NASDAQ:PRTS) last announced its quarterly earnings results on Thursday, May 7th. The specialty retailer reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.09. CarParts.com had a negative return on equity of 61.80% and a negative net margin of 6.97%.The company had revenue of $131.96 million for the quarter, compared to the consensus estimate of $131.38 million.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. State Street Corp increased its holdings in CarParts.com by 13.2% during the 4th quarter. State Street Corp now owns 237,938 shares of the specialty retailer’s stock valued at $119,000 after purchasing an additional 27,800 shares during the period. Jane Street Group LLC bought a new stake in CarParts.com during the 2nd quarter valued at approximately $25,000. Renaissance Technologies LLC boosted its position in CarParts.com by 2.7% during the 4th quarter. Renaissance Technologies LLC now owns 1,352,700 shares of the specialty retailer’s stock valued at $676,000 after acquiring an additional 35,900 shares in the last quarter. Williams & Novak LLC boosted its position in CarParts.com by 27.7% during the 4th quarter. Williams & Novak LLC now owns 188,500 shares of the specialty retailer’s stock valued at $94,000 after acquiring an additional 40,900 shares in the last quarter. Finally, Argentarii LLC bought a new stake in CarParts.com during the 3rd quarter valued at approximately $36,000. Hedge funds and other institutional investors own 75.30% of the company’s stock.

About CarParts.com

CarParts.com, Inc operates as a leading online retailer of aftermarket automotive parts and accessories in the United States. Through its flagship website CarParts.com and affiliated e-commerce platforms, the company offers replacement components, performance upgrades, maintenance items and collision repair parts for a wide range of domestic and import vehicles. Its product catalog includes engine parts, exterior and interior accessories, lighting, braking systems and powertrain components, supported by an extensive inventory and proprietary order management system.

Founded in 1995 by George Chamoun and headquartered in Torrance, California, CarParts.com has grown from a regional auto parts supplier into a national e-commerce platform.