AutoNation (AN) A Bargain Following Its Strong 90 Day Run?

AutoNation’s shares closed at $209.41 on 14 August 2026 after a strong 90-day run, drawing renewed attention to valuation and near-term performance. Over the past year, the stock’s strongest return has come in the last 90 days at 15.1%, while total shareholder return over 12 months is described as modest at 1.57 percentage points. A widely followed “narrative” pegs fair value at $242.75, implying the stock is 13.7% undervalued versus the $209.41 close, based on a mix of after-sales growth, record revenues, and expanding gross margins. However, a separate DCF model estimates fair value around $188.75, putting shares above that figure.