Camping World Outlook Weakens as RV Market Softens, BofA Says
MT newswire2026/10/06 15:1811:18 AM EDT, 10/06/2026 (MT Newswires) -- Camping World Holdings (CWH) faces a soft market for recreational vehicles and lower margins amid increasing interest rates and oil prices, Bank of America Securities said Tuesday in a report. On Monday, Camping World said in a regulatory filing it expects 2026 adjusted EBITDA to fall below its prior $230 million to $270 million guidance "amid continued uncertainty regarding macroeconomic conditions and RV industry demand." New and used unit sales remained weak through Q3, pressuring margins and prompting Camping World to accelerate $100 million in cost savings and to cut more staff, according to the filing. The company is also exploring refinancing its term loan. BofA cuts its 2026 EBITDA forecast to $225 million from $245 million and lowered its price target on Camping World stock to $12 from $14, while reiterating its buy rating. Downside risks to the new price target include faltering consumer confidence and elevated rates that would impact affordability and slow demand for higher-priced units, BofA said. Price: 4.62, Change: +0.07, Percent Change: +1.43
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jensen Huang's influence surpasses that of Nvidia— and that's exactly the problem
Jensen Huang has been the key driving force behind the massive expansion of AI infrastructure, with his personal credibility and authoritative decision-making deeply embedded in the narrative of the global tech market’s rise over the past three years. Now, as scandals emerge, Nvidia’s trading team is expected to become more conservative and slow down external financing commitments, which undoubtedly worsens the situation for neoclouds already facing tight funding.
Deutsche Bank made significant Q3 purchases of midstream AI application stocks: the three major cloud giants saw increased holdings, with Palantir (PLTR.US) and Salesforce (CRM.US) also favored.
Deutsche Bank has submitted its third quarter 13F holdings report for the period ending September 30, 2026.
Crypto prices
More
