Today's Trend
RideNow Group, Inc. (NASDAQ: RDNW) moved lower today after mixed Q4/2025 results and a flurry of analyst notes. Management highlighted stronger profitability metrics and plans to resume acquisition growth, but the company still reported a quarterly loss, lower revenue versus year-ago periods and stretched profitability ratios — leaving investors weighing improving EBITDA against continued operating losses and modest analyst conviction.
- Adjusted EBITDA growth — Powersports segment drove a $9.7M adjusted EBITDA in the quarter, a clear improvement in underlying profitability that management emphasized as evidence the business is stabilizing. Article Title
- Same-store and unit trends improved in Q4 — the company reported growth in same-store revenue, gross profit and unit volume in the fourth quarter, suggesting operational momentum in core dealerships. Article Title
- Management is targeting renewed acquisition growth — executives signaled M&A activity could resume, which could accelerate scale and revenue if execution follows through. Article Title
- Earnings materials and call transcript available — full Q4/2025 press release and the earnings-call transcript are published for investors wanting detail on segment performance and management commentary. Article Title
- Earnings-call highlights recap — analysts summarized the quarter as strong EBITDA growth despite revenue pressures; the highlights provide a quick read on drivers and risks. Article Title
- Analyst target raised by Robert W. Baird — Baird increased its price target from $5.00 to $7.00 while keeping a neutral rating, signaling some upside potential tied to improving profitability. Article Title
- Continued GAAP losses and margin pressure — RideNow reported Q4 EPS of ($0.17), revenue of $256.9M, a negative net margin (~9.4%) and deeply negative ROE, underscoring the company remains unprofitable on a GAAP basis. Article Title
- DA Davidson keeps a cautious stance — DA Davidson reiterated a neutral rating and set a $6.00 price target, which is below the recent market level and signals limited near-term upside from that bench of analysts. Article Title
Bottom line for investors: improving adjusted EBITDA and signs of operational recovery are constructive, but the stock reaction reflects lingering GAAP losses, revenue softness and mixed analyst views — the trade will depend on whether management can convert EBITDA momentum into sustained, profitable growth or accelerate accretive acquisitions.