RideNow Group, Inc. (RDNW) AI Stock Analysis

RideNow Group, Inc. provides powersports dealership and vehicle transportation services in the United States through two segments: Powersports and Vehicle Transportation Services. The Powersports segment offers new and pre-owned motorcycles, all-terrain vehicles, utility terrain or side-by-side vehicles, personal watercrafts, snowmobiles, and other powersports products. It also provides parts, apparel, accessories, finance and insurance products and services, aftermarket products, and repair and maintenance services. The Vehicle Transportation Services segment provides asset-light transportation brokerage services facilitating automobile transportation nationwide.

RideNow Group grew revenue at a 5-year CAGR of 21.1% from FY2020 to FY2025, though revenue has decreased in recent years from $1.46B in FY2022 to $1.37B in FY2023, $1.21B in FY2024, and $1.08B in FY2025. Annual net income has remained negative, recording -$261.5M in FY2022, -$215.5M in FY2023, -$78.6M in FY2024, and -$52.4M in FY2025. Gross margin was 26.7% in FY2025, while operating margin recovered to 3.0% from -1.2% in FY2024. For the trailing twelve months ended June 30, 2026, revenue was $1.10B, with quarterly revenue declining 1.0% year-over-year and a net profit margin of -0.8%.

As of June 30, 2026, RideNow Group held $46.7M in cash and short-term investments alongside $453.3M in total debt, bringing net debt to $406.6M. Total assets stood at $736.3M against shareholders' equity of $345.2M, resulting in a debt-to-equity ratio of 1.31 and a current ratio of 1.14. In FY2025, capital expenditures were $5.8M, operating cash flow was -$7.6M, and free cash flow was -$13.4M. Over five years, the company's share count increased 456.5%.

With a last close of $4.81, RideNow Group has a market capitalization of $187.6M and an enterprise value of $800.2M. The company trades at a price-to-sales multiple of 0.2x and an EV-to-revenue multiple of 0.7x. Its EV-to-EBITDA ratio of 16.4x trades at a premium to the 11.1x median of its US-listed Consumer Cyclical peers, while its price-to-sales of 0.2x sits below the peer median of 0.7x. Over the past year, the stock returned 35.1% compared to 16.8% for the S&P 500, though its five-year return was -87.4% versus 83.0% for the index.

Wall Street coverage consists of 2 Hold ratings, with 0 Buy, Strong Buy, Sell, or Strong Sell recommendations. The mean price target is $8.50, representing a 76.7% premium over the last close of $4.81. Analysts estimate current fiscal year revenue of $1.12B with an EPS of $0.15, followed by next fiscal year revenue of $1.19B with an EPS of $0.46. RideNow Group beat EPS estimates in each of the last 4 quarters, and its next earnings date is November 3, 2026.

This page is an AI-written research summary of RideNow Group, Inc. (RDNW). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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