Camping World Holdings (CWH) Faces Investigation Over Tax Asset Misstatements, Shares Drop 24.79%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Businesswire
- Financial Report Revision: On October 28, 2025, Camping World disclosed in its Q3 earnings report a revision to its 2024 annual report, increasing deferred tax assets by $43.8 million, indicating management's misjudgment of the realizable portion of the outside basis difference, which may impact financial transparency.
- Stock Price Volatility: Following the financial revision announcement, Camping World's stock plummeted from $16.82 per share on October 28 to $12.65 on October 29, a decline of 24.79%, reflecting investor concerns over the company's financial health.
- Ongoing Legal Investigation: Kirby McInerney LLP is investigating potential violations of federal securities laws by Camping World and its senior management, with no lawsuits filed yet, indicating the company faces significant legal risks.
- Investor Rights Awareness: The investigation aims to protect investor rights, and those who purchased Camping World securities during this period are advised to consult legal counsel to understand their rights and interests.
Analyst Views on CWH
Wall Street analysts forecast CWH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CWH is 18.67 USD with a low forecast of 17.00 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 14.710
Low
17.00
Averages
18.67
High
22.00
Current: 14.710
Low
17.00
Averages
18.67
High
22.00
About CWH
Camping World Holdings, Inc. is a retailer of recreational vehicles (RVs) and related products and services. The Company operates through two segments: Good Sam Services and Plans and RV and Outdoor Retail. Its Good Sam Services and Plans segment consists of programs, plans and services that are geared towards protecting, insuring and promoting the RV & travel lifestyles, and includes services such as extended vehicle service contracts, vehicle roadside assistance, property and casualty insurance, travel protection, travel planning and directories, and publications. Its RV and Outdoor Retail segment consists of all aspects of its RV dealership operations, which includes selling new and used RVs, assisting with the financing of new and used RVs, selling protection and insurance-related services and plans for RVs, servicing and repairing new and used RVs, installing RV parts and accessories, and selling RV and outdoor related products, parts and accessories.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
