William Blair analyst Phillip Blee has maintained their bullish stance on MCW stock, giving a Buy rating on October 27.
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Phillip Blee has given his Buy rating due to a combination of factors that suggest potential growth and value in Mister Car Wash’s stock. The company’s shares have seen an increase of approximately 8% in after-hours trading, driven by a third-quarter performance that exceeded expectations and a full-year guidance that remains optimistic. This guidance suggests potential for further upside in the fourth quarter, particularly after overcoming challenging comparisons earlier in the year.
Additionally, the stock is currently trading at about 7.2 times the revised 2026 EBITDA estimate, which Phillip Blee believes indicates significant potential for multiple expansion. This valuation, coupled with ongoing growth catalysts projected to continue through 2026, supports the Buy rating as the company appears well-positioned for future success.
In another report released on October 27, Stephens also upgraded the stock to a Buy with a $6.25 price target.