Autotrader buys back 2.04 million shares. Goldman cuts Autotrader stock target to GBp 561.00

Published on 10/13/2026 at 04:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 revenue rose 3.90 percent to GBP 624.30 million. Two of seven analysts rate Autotrader stock Buy ahead of November 5 results.

Autotrader bought back 2.04 million shares between October 1 and October 2, 2026.
Goldman Sachs cut its Autotrader target to GBp 561.00 from GBp 562.00 on October 5, 2026.
Fiscal 2026 revenue rose 3.90 percent to GBP 624.30 million.
Autotrader will announce half-year results on November 5, 2026.

Autotrader, GB00BVYVFW23, Illustration mit AI erstellt.

Autotrader Group plc (ISIN GB00BVYVFW23) bought back 2.04 million shares between October 1 and October 2, 2026, while Goldman Sachs cut its target to GBp 561.00 from GBp 562.00 on October 5, 2026. Investegate carries the buyback announcement, while TradingView reported the Goldman Sachs change.

Three dated earnings and capital markers

On May 21, 2026, Autotrader reported fiscal 2026 revenue of GBP 624.30 million and operating profit of GBP 392.70 million in its full-year results. Autotrader said the results covered the year ended March 31, 2026. On October 1, 2026, the company announced half-year results for the six months ending September 30, 2026. On October 5, 2026, the buyback reduced the number of shares outstanding through purchases for cancellation.

What does the buyback change?

The October transactions left Autotrader with 771,469,306 ordinary shares issued, 5,501,335 shares in treasury and 765,967,971 voting rights. The share count gives the buyback a concrete effect on the denominator used for ownership disclosures, even though the announcement did not change the company's operating forecast.

Fiscal 2026 revenue increased 3.90 percent from GBP 601.10 million in fiscal 2025, while net income reached GBP 293.90 million, up 4.00 percent year over year. The operating result of GBP 392.70 million was the larger profit figure disclosed by the company for the period, keeping the business financially focused on recurring marketplace revenue and capital returns.

Analysts remain divided before results

MarketBeat lists seven analyst ratings, including two Buy, three Hold and two Sell views, with an average target of GBp 562.43. The split matters because Goldman Sachs kept a Buy rating while cutting its target to GBp 561.00, leaving the latest named target below the consensus average.

Next reporting dates

Investegate states that Autotrader will publish its half-year results for the six months ending September 30, 2026 on November 5, 2026, followed by a 9:30 a.m. London briefing. The company's investor calendar also lists the fiscal 2027 full-year results for May 27, 2027.

Capital returns set the near-term frame

Autotrader's latest disclosed capital structure dated October 5, 2026 contains 765,967,971 voting rights, while the next scheduled results date is November 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Autotrader stock.