CarGurus, Inc. (CARG)

NASDAQ: CARG · Real-Time Price · USD
36.86
+0.65 (1.80%)
At close: Apr 17, 2026, 4:00 PM EDT
36.85
-0.01 (-0.03%)
After-hours: Apr 17, 2026, 5:48 PM EDT
Market Cap3.51B +14.9%
Revenue (ttm)906.98M +13.7%
Net Income155.90M +643.4%
EPS1.14
Shares Out 95.19M
PE Ratio23.78
Forward PE14.61
Dividendn/a
Ex-Dividend Daten/a
Volume770,766
Open36.61
Previous Close36.21
Day's Range36.50 - 37.52
52-Week Range25.41 - 39.42
Beta1.32
AnalystsBuy
Price Target38.32 (+3.96%)
Earnings DateMay 7, 2026

About CARG

CarGurus, Inc. operates an online automotive platform for buying and selling vehicles in the United States and internationally. The company offers dealer subscription fees, advertising from auto manufacturers and other brand advertisers, and partnerships with financing services companies. It provides an online automotive marketplace that connects large audience of car shoppers with extensive network of dealers, anchoring integrated suite of products. It also offers Digital Deal which allows consumers the option to start their vehicle purchase p... [Read more]

IPO Date Oct 12, 2017
Employees 1,218
Stock Exchange NASDAQ
Ticker Symbol CARG
Full Company Profile

Financial Performance

In 2025, CarGurus's revenue was $906.98 million, an increase of 13.65% compared to the previous year's $798.04 million. Earnings were $155.90 million, an increase of 643.39%.

Financial Statements

Analyst Summary

According to 11 analysts, the average rating for CARG stock is "Buy." The 12-month stock price target is $38.32, which is an increase of 3.96% from the latest price.

Price Target
$38.32
(3.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Car Buyers are Changing Lanes: CarGurus Reveals Where Consumers are Finding Value

Growing used car demand and surging interest in fuel-efficient vehicles are creating new opportunities for shoppers and dealers alike BOSTON, April 07, 2026 (GLOBE NEWSWIRE) -- CarGurus, the No. 1 mos...

10 days ago - GlobeNewsWire

Tax Season Car Shopping: CarGurus Shares Tips to Help Buyers Stretch Their Refund

With car and gas prices on the rise, CarGurus experts spotlight the market insights and AI-powered tools that can help shoppers find their best value this spring BOSTON, March 19, 2026 (GLOBE NEWSWIRE...

4 weeks ago - GlobeNewsWire

Hacking Group Claims Theft of 12.4 Million CarGurus Records

Customer data allegedly stolen from car shopping site CarGurus was posted by a hacking group, according to multiple media reports. Bleeping Computer reported Tuesday (Feb. 24) that an extortion group ...

7 weeks ago - PYMNTS

CarGurus data breach affects 12.5 million accounts

Automotive marketplace CarGurus was the target of a data breach in which the names, email addresses, phone numbers, and physical addresses of millions of customers were stolen.

7 weeks ago - TechCrunch

CarGurus Exits Wholesale Platform to Go All-In on AI SaaS

Digital transformation is inherently disruptive. For legacy sectors such as automotive, adapting to a digital-first commerce model requires a period of recalibration as companies, partners and consume...

2 months ago - PYMNTS

CarGurus Announces Fourth Quarter and Full-Year 2025 Results

Full-year 2025 revenue from continuing operations grew 14% YoY for the second consecutive year Full-year 2025 GAAP Net Income from continuing operations of $196.7 million, up 53% YoY; Non-GAAP Adjuste...

2 months ago - GlobeNewsWire

CarGurus Expands “Big Deal” Brand Campaign, Introducing AI-Powered Dealership Mode™ and CarGurus Discover

CarGurus launches Big Deal campaign spots introducing AI-powered Dealership Mode™ and Discover to help shoppers compare cars and buy with confidence.

2 months ago - GlobeNewsWire

CarGurus To Report Fourth Quarter and Full-Year 2025 Financial Results

BOSTON, Feb. 02, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.1, announced it will issue a press release reporting financial results fo...

2 months ago - GlobeNewsWire

CarGurus Marks 20 Years of Automotive Leadership with Next Chapter of AI-Powered Innovation

CarGurus celebrates 20 years of trust in car buying and selling, introducing AI-powered products and a refreshed logo for the next chapter of innovation.

3 months ago - GlobeNewsWire

CarGurus to Present at the 28th Annual Needham Growth Conference

BOSTON, Jan. 06, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.1, today announced that Jason Trevisan, Chief Executive Officer, is sched...

3 months ago - GlobeNewsWire

Compact Body Styles, Hybrids, and Value-Driven Used Models Powered 2025 Automotive Demand, According to CarGurus

A heightened focus on affordability—driven by rising ownership costs, tariff concerns, and a late-model used supply crunch—defined the market in 2025, setting the stage for 2026 BOSTON, Dec. 11, 2025 ...

4 months ago - GlobeNewsWire

PriceVantage, CarGurus' Latest AI-Powered Solution, Brings Predictive Intelligence to Vehicle Pricing Decisions

Fueled by real-time data from the largest car shopping site in the U.S. 1 , PriceVantage arms dealers with advanced pricing guidance that boosts turn times and preserves margins BOSTON, Dec. 09, 2025 ...

4 months ago - GlobeNewsWire

CarGurus Study Reveals How AI and Omnichannel Shopping are Shaping the Car Buying and Selling Experience

Eighth Annual Consumer Insights Report finds shoppers are blending online convenience with in-person guidance, turning to AI and mobile tools to navigate the market confidently  BOSTON, Dec. 03, 2025 ...

4 months ago - GlobeNewsWire

CarGurus Pursues $4 Billion Dealer Software Market With AI-Powered Products

CarGurus is looking to double its total addressable market by adding artificial intelligence-powered products that go beyond its existing automotive shopping site. The company's growing range of AI-po...

5 months ago - PYMNTS

CarGurus Announces Third Quarter 2025 Results

Q3'25 Marketplace revenue grew 14% YoY to $232 million, above the midpoint of our guidance range GAAP Marketplace (U.S. Marketplace Segment and Other) operating income of $64.1 million; Non-GAAP Marke...

5 months ago - GlobeNewsWire

CarGurus To Report Third Quarter 2025 Financial Results

BOSTON, Oct. 20, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a pre...

6 months ago - GlobeNewsWire

CarGurus Report Finds Strength in Automotive Demand as Shoppers Lean Toward Value and Premium Options

CarGurus Q3 2025 analysis shows a two-track market influencing growth, with budget-focused buyers opting for older used vehicles and affluent shoppers fueling new luxury demand BOSTON, Oct. 06, 2025 (...

6 months ago - GlobeNewsWire

Top 2 Tech & Telecom Stocks You May Want To Dump This Quarter

As of Sept. 25, 2025, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: BIDU
7 months ago - Benzinga

CarGurus to Present at the 2025 Goldman Sachs Communacopia + Technology Conference

BOSTON, Sept. 02, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jason T...

8 months ago - GlobeNewsWire

CarGurus Announces Second Quarter 2025 Results & Shares Plans to Wind Down CarOffer Transactions Business

Sustained strong momentum in the Marketplace business, with revenue up 14% YoY Q2'25 Net Income of $22.3 million; Non-GAAP Adjusted EBITDA of $77.3 million, up 39% YoY Board approves additional $150 m...

9 months ago - GlobeNewsWire

CarGurus Honors 2025 Top Dealer Award Winners

CarGurus unveils 2025 Top Dealer Awards, honoring North American and U.K. dealerships for excellence in customer service, pricing, and digital retail.

9 months ago - GlobeNewsWire

5 Undervalued Stocks to Buy Now

There are plenty of high-quality undervalued stocks to buy right now, you just need to know where to look. Here, we highlight five of our top picks.

Other symbols: CFGGTLSOPRAPRMB
9 months ago - Kiplinger

CarGurus To Report Second Quarter 2025 Financial Results

BOSTON, July 21, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a pre...

9 months ago - GlobeNewsWire

CarGurus Launches a Summer of Giveaways Alongside New ‘Big Deal' Video Series Celebrating Life's Biggest Moments

“The Big Deal Show” brings together fan-favorites in sports and entertainment to share their defining moments — and help CarGurus celebrate “big deals” with three car giveaway winners BOSTON, July 01,...

10 months ago - GlobeNewsWire

CarGurus Report Finds Consumer Demand for Affordability and Fuel Efficiency Shaping Today's Auto Market

Mid-year auto market analysis reveals how tariffs and ongoing demand for affordability have influenced vehicle supply, pricing, and demand so far this year BOSTON, June 17, 2025 (GLOBE NEWSWIRE) -- Ca...

10 months ago - GlobeNewsWire