CarGurus, Inc. (CARG)

NASDAQ: CARG · Real-Time Price · USD
31.86
-0.96 (-2.93%)
At close: Aug 1, 2025, 4:00 PM
32.18
+0.32 (1.00%)
After-hours: Aug 1, 2025, 7:14 PM EDT
-2.93%
Market Cap3.15B
Revenue (ttm)903.75M
Net Income (ttm)38.72M
Shares Out 98.85M
EPS (ttm)0.36
PE Ratio88.07
Forward PE14.23
Dividendn/a
Ex-Dividend Daten/a
Volume753,437
Open32.29
Previous Close32.82
Day's Range31.80 - 32.42
52-Week Range21.65 - 41.33
Beta1.45
AnalystsBuy
Price Target37.65 (+18.17%)
Earnings DateAug 7, 2025

About CALT

CarGurus, Inc. operates an online automotive platform for buying and selling vehicles in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale. The company provides an online automotive marketplace that allows customers to search for new and used car listings from its dealers; and connects dealers to a large audience of informed and engaged consumers while providing dealers with actionable data-based insights. It also offers Digital Deal which allows shoppers to start purchase from a VDP... [Read more]

IPO Date Oct 12, 2017
Employees 1,282
Stock Exchange NASDAQ
Ticker Symbol CARG
Full Company Profile

Financial Performance

In 2024, CarGurus's revenue was $894.38 million, a decrease of -2.17% compared to the previous year's $914.24 million. Earnings were $20.97 million, a decrease of -32.57%.

Financial numbers in EUR Financial Statements

Analyst Summary

According to 13 analysts, the average rating for CARG stock is "Buy." The 12-month stock price target is $37.65, which is an increase of 18.17% from the latest price.

Price Target
$37.65
(18.17% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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
3 days 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...

11 days 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,...

4 weeks 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...

6 weeks ago - GlobeNewsWire

CarGurus Adds AI-Powered Search Experience to Car Shopping Platform

CarGurus has added an artificial intelligence-powered search experience to its online platform for buying and selling new and used vehicles. [contact-form-7] This search experience allows consumers to...

7 weeks ago - PYMNTS

CarGurus Launches AI-Powered Car Shopping Experience

Intelligent search integration unlocks a more personalized and intuitive experience for drivers to discover their best deal with greater confidence BOSTON, June 09, 2025 (GLOBE NEWSWIRE) -- CarGurus (...

7 weeks ago - GlobeNewsWire

CarGurus to Present at William Blair's 45th Annual Growth Stock Conference

BOSTON, May 27, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 most visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jaso...

2 months ago - GlobeNewsWire

CarGurus: A Great Buy As Traffic Heats Up (Upgrade)

Shares of CarGurus leaped after reporting strong Q1 results that featured healthy traffic growth, sustaining its position as the #1 used car marketplace. CARG boasts 90% gross margins, strong dealer r...

2 months ago - Seeking Alpha

CarGurus CEO on tariffs: Car prices will rise but we are insulated

Jason Trevisan, CarGurus CEO, joins 'The Exchange' to discuss the company's quarterly earnings results.

3 months ago - CNBC Television

CarGurus, Inc. (CARG) Q1 2025 Earnings Call Transcript

CarGurus, Inc. (NASDAQ:CARG) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Kirndeep Singh - Vice President, Investor Relations Jason Trevisan - Chief Executive Officer ...

3 months ago - Seeking Alpha

CarGurus Announces First Quarter 2025 Results

Marketplace revenue grew 13% YoY Q1'25 Net Income of $39.0 million; Non-GAAP Adjusted EBITDA of $66.3 million, up 32% YoY Repurchased $184.2 million worth of shares in Q1'25, representing 6% of our ou...

3 months ago - GlobeNewsWire

CarGurus to Present at the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference

BOSTON, May 06, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 most visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jaso...

3 months ago - GlobeNewsWire

CarGurus To Report First Quarter 2025 Financial Results

BOSTON, April 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 pr...

3 months ago - GlobeNewsWire

CarGurus Report Shows Automotive Affordability Continues to Drive the Market

With tariffs going into effect, report uncovers trends in new car supply, consumer demand, and pricing—plus opportunities where shoppers can still find savings BOSTON, April 02, 2025 (GLOBE NEWSWIRE) ...

4 months ago - GlobeNewsWire

Latest CarGurus Brand Campaign Celebrates Life's Big Deal Moments, Like Buying a Car

The “Big Deal” campaign pays tribute to the momentous experience of car shopping, along with the trusted digital tools from CarGurus that help consumers find the best deal on their big deal BOSTON, Fe...

5 months ago - GlobeNewsWire

CarGurus: Momentum Breaking On Revenue Deceleration, Wait For A Better Price

CarGurus' Q4 earnings missed revenue expectations, leading to a ~10% stock drop and signaling a potential correction to value-stock territory. Despite strong dealer additions and profitability improve...

5 months ago - Seeking Alpha

CarGurus: Rocky Recovery Ahead

CarGurus, Inc. is recovering from a rough patch due to the post pandemic market swing, with improving profitability metrics and strong marketplace growth. The platform offers the best ROI for independ...

5 months ago - Seeking Alpha

CarGurus, Inc. (CARG) Q4 2024 Earnings Call Transcript

CarGurus, Inc. (NASDAQ:CARG) Q4 2024 Earnings Conference Call February 20, 2025 5:00 PM ET Company Participants Kirndeep Singh - Vice President and Head of Investor Relations Jason Trevisan - Chief E...

5 months ago - Seeking Alpha

CarGurus Announces Fourth Quarter and Full Year 2024 Results

Q4'24 Marketplace revenue grew 15% YoY Q4'24 International revenue grew 26% YoY and OEM Advertising revenue grew double-digit YoY Q4'24 Consolidated GAAP Net Income of $45.9 million; Q4'24 Non-GAAP Co...

5 months ago - GlobeNewsWire

Latest CarGurus Brand Campaign Celebrates Life's Big Deal Moments, Like Buying or Selling a Car

CarGurus' new national campaign, “Big Deal”, recognizes the important role cars play in people's lives and the significance of making the right decision.

6 months ago - GlobeNewsWire

Dealer Additions Driving CarGurus Growth

CarGurus, Inc. (CARG) adding dealers at home and abroad, making shares rise.

6 months ago - FXEmpire

CarGurus to Present at 27th Annual Needham Growth Conference

BOSTON, Jan. 08, 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 Elisa Pa...

7 months ago - GlobeNewsWire

CarGurus Study Uncovers Shift in Car Shopper Sentiment as Prices and Selection Improve

Seventh annual survey finds consumer satisfaction and buying power on the rise as shoppers increasingly tap the power of online tools to research and guide their decisions BOSTON, Dec. 17, 2024 (GLOBE...

8 months ago - GlobeNewsWire

Four hidden gems in the stock market from a five-star fund manager

Investors might be well served by expanding beyond the S&P 500.

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8 months ago - CNBC Television

CarGurus Examines 2024 Auto Market Influences and Expectations for 2025 Following a Year Defined by Affordability

CarGurus today released its 2024 Recap & 2025 Outlook, spotlighting this year's biggest market influences, as well as expectations for the next year.

8 months ago - GlobeNewsWire