Mister Car Wash’s (MCW) “Equal Weight” Rating Reiterated at Wells Fargo & Company

Mister Car Wash (NYSE:MCW)‘s stock had its “equal weight” rating reissued by equities researchers at Wells Fargo & Company in a research report issued to clients and investors on Wednesday,Benzinga reports. They currently have a $7.00 target price on the stock. Wells Fargo & Company‘s price objective indicates a potential upside of 0.21% from the company’s previous close.

A number of other research firms also recently weighed in on MCW. William Blair downgraded shares of Mister Car Wash from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Raymond James Financial reissued an “outperform” rating and issued a $8.00 target price on shares of Mister Car Wash in a research note on Thursday, October 30th. UBS Group dropped their price target on shares of Mister Car Wash from $7.25 to $6.25 and set a “neutral” rating for the company in a research report on Thursday, October 30th. Morgan Stanley decreased their price objective on Mister Car Wash from $7.50 to $6.50 and set an “equal weight” rating on the stock in a report on Thursday, January 15th. Finally, Mizuho set a $8.00 target price on Mister Car Wash in a report on Thursday, October 30th. Six equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $7.25.

Mister Car Wash Stock Up 16.2%

NYSE MCW traded up $0.98 during trading on Wednesday, reaching $6.99. The company’s stock had a trading volume of 38,714,711 shares, compared to its average volume of 2,222,892. The company has a current ratio of 0.53, a quick ratio of 0.24 and a debt-to-equity ratio of 0.92. The stock has a market capitalization of $2.29 billion, a PE ratio of 31.75, a PEG ratio of 1.65 and a beta of 1.46. The business has a 50-day moving average price of $5.80 and a 200-day moving average price of $5.51. Mister Car Wash has a 1-year low of $4.61 and a 1-year high of $8.60.

Institutional Investors Weigh In On Mister Car Wash

A number of hedge funds have recently added to or reduced their stakes in MCW. Greenhouse Funds LLLP boosted its position in shares of Mister Car Wash by 9.4% in the 3rd quarter. Greenhouse Funds LLLP now owns 16,863,562 shares of the company’s stock worth $89,883,000 after purchasing an additional 1,444,691 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Mister Car Wash by 9.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,607,392 shares of the company’s stock valued at $36,738,000 after buying an additional 559,000 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in Mister Car Wash by 27.4% during the second quarter. The Manufacturers Life Insurance Company now owns 6,166,833 shares of the company’s stock worth $37,063,000 after buying an additional 1,327,745 shares during the last quarter. State Street Corp grew its position in shares of Mister Car Wash by 2.6% during the 4th quarter. State Street Corp now owns 3,633,753 shares of the company’s stock worth $20,204,000 after buying an additional 92,304 shares during the period. Finally, Millennium Management LLC increased its stake in shares of Mister Car Wash by 28.1% in the 3rd quarter. Millennium Management LLC now owns 2,641,893 shares of the company’s stock valued at $14,081,000 after acquiring an additional 579,213 shares during the last quarter.

Trending Headlines about Mister Car Wash

Here are the key news stories impacting Mister Car Wash this week:

• Positive Sentiment: Leonard Green & Partners to take MCW private for $7.00 per share (~$3.1B enterprise value) — the bid is near the market price and LGP already owns ~67% of shares, making the deal the main catalyst lifting the stock. Article Title
• Positive Sentiment: Solid Q4 and FY results: Q4 net revenues +4% to $261.2M, full‑year revenue >$1B for the first time, adjusted EBITDA up (Q4 +10%, FY +8%) and UWC memberships +7% (≈2.3M members) — supports recurring revenue thesis and valuation support for the bid. Article Title
• Positive Sentiment: Q4 EPS slightly beat expectations ($0.11 vs. $0.10 consensus) while revenue was essentially flat to estimates — a modest beat that reduces near‑term earnings concerns. Article Title
• Neutral Sentiment: The company canceled its earnings conference call and did not provide a 2026 outlook, citing the LGP transaction — this reduces near‑term guidance clarity but is a common step during M&A processes. Article Title
• Negative Sentiment: Multiple shareholder law firms announced investigations into whether the deal provides a fair price and whether fiduciary duties were met — potential for litigation, delays or pressure on deal terms. Article Title Article Title
• Negative Sentiment: Cash on the balance sheet fell materially (cash & cash equivalents $28.5M vs. $67.5M year‑ago) — while operating cash flow is strong, lower liquidity could be a concern until the transaction closes. Article Title

About Mister Car Wash

Mister Car Wash, traded on the NYSE under the ticker MCW, is a leading provider of vehicle cleaning services in the United States. The company specializes in a tiered range of wash offerings, including express exterior washes, full-service interior and exterior cleaning, and premium detailing services. In addition to one-time washes, Mister Car Wash markets unlimited monthly membership plans that grant customers access to recurring washes at participating locations.

Founded in 1969 and headquartered in Houston, Texas, Mister Car Wash has grown from a single facility to one of the largest car wash chains in the country.