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CarParts.com Board Restructuring Amid Strategic Investments

Story Highlights
  • Henry Maier and James Barnes stepped down from CarParts.com’s board on October 7, 2025.
  • Strategic investment led to board changes, enhancing CarParts.com’s growth potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CarParts.com Board Restructuring Amid Strategic Investments

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CarParts.com Inc ( (PRTS) ) has provided an update.

On October 7, 2025, Henry Maier and James Barnes stepped down from the Board of Directors of CarParts.com, Inc. as part of agreements with strategic investors. This move reduced the board size from eight to six directors. The strategic investment from ZongTeng Group, A-Premium, and CDH Investments led to the appointment of Thomas Yunlong Man and Na ‘Mina’ He as board observers, bringing significant expertise in cross-border M&A and investment management. These changes are expected to strengthen CarParts.com’s strategic positioning and future growth.

The most recent analyst rating on (PRTS) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on CarParts.com Inc stock, see the PRTS Stock Forecast page.

Spark’s Take on PRTS Stock

According to Spark, TipRanks’ AI Analyst, PRTS is a Neutral.

CarParts.com Inc’s overall stock score is primarily impacted by its weak financial performance, characterized by negative profitability and cash flow issues. Technical analysis shows a neutral trend, while valuation metrics highlight ongoing losses. Despite some positive developments in the earnings call, significant challenges remain.

To see Spark’s full report on PRTS stock, click here.

More about CarParts.com Inc

CarParts.com, Inc. is a technology-led e-commerce company specializing in automotive parts and accessories. With over 25 years of experience, the company offers more than 1 million quality products, focusing on repair, maintenance, and upgrade solutions. CarParts.com is known for its customer-first approach, providing a seamless shopping experience through its website and app, supported by a nationwide distribution network, fast shipping, and experienced customer service. The company operates several brands, including CarParts Wholesale, JC Whitney, and Garage-Pro, and is headquartered in Torrance, California.

Average Trading Volume: 920,939

Technical Sentiment Signal: Strong Sell

Current Market Cap: $41.34M

Learn more about PRTS stock on TipRanks’ Stock Analysis page.

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