CarGurus, Inc. (CARG)
| Market Cap | 2.45B -21.2% |
| Revenue (ttm) | 938.30M +18.1% |
| Net Income | 149.09M +285.1% |
| EPS | 1.10 |
| Shares Out | 90.19M |
| PE Ratio | 18.23 |
| Forward PE | 10.53 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,072,055 |
| Open | 28.02 |
| Previous Close | 27.68 |
| Day's Range | 27.02 - 28.05 |
| 52-Week Range | 26.39 - 39.42 |
| Beta | 1.21 |
| Analysts | Buy |
| Price Target | 37.38 (+37.58%) |
| Earnings Date | May 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]
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 StatementsAnalyst Summary
According to 15 analysts, the average rating for CARG stock is "Buy." The 12-month stock price target is $37.38, which is an increase of 37.58% from the latest price.
News
CarGurus initiated with a Buy at Freedom Broker
Freedom Broker initiated coverage of CarGurus (CARG) with a Buy rating and $40 price target citing strong dealer monetization, growing adoption of data-driven products, and “a cleaner continuing-opera...
CarGurus Transcript: AGM 2026
The meeting covered director elections, auditor ratification, and executive compensation, with all proposals receiving majority approval. Stockholders participated via a secure portal, and final voting results will be filed with the SEC.
CarGurus Transcript: Bank of America 2026 Global Technology Conference
Achieved strong double-digit growth and significant EPS gains, driven by product innovation and AI integration. AI tools and new products are enhancing both consumer and dealer experiences, while deep data and trust underpin a strong competitive moat. Continued investment in innovation, M&A, and share repurchases supports future growth.
CarGurus initiated with an Overweight at Barclays
Barclays initiated coverage of CarGurus (CARG) with an Overweight rating and $35 price target Stocks in the auto retail space offer good growth and shareholder return potential, the analyst tells…
CarGurus to Present at the BofA Securities 2026 Global Technology Conference
BOSTON, May 26, 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 schedu...
CarGurus Transcript: J.P. Morgan 54th Annual Global Technology, Media and Communications Conference
Revised summary: The event highlighted rapid product innovation, especially in inventory and AI-driven consumer tools, supporting double-digit growth. Strategic investments in engineering, go-to-market, and global expansion are expected to drive future revenue. Margin compression is seen as a one-time investment for accelerated product rollout.
CarGurus price target raised to $35 from $34 at RBC Capital
RBC Capital raised the firm’s price target on CarGurus (CARG) to $35 from $34 and keeps an Outperform rating on the shares. CarGurus’ Q1 wasn’t its best, but for a…
CarGurus to Present at the J.P. Morgan 2026 Global Technology, Media and Communications Conference
BOSTON, May 11, 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 schedu...
CarGurus price target raised to $43 from $37 at Needham
Needham raised the firm’s price target on CarGurus (CARG) to $43 from $37 and keeps a Buy rating on the shares.
CarGurus price target raised to $37 from $33 at UBS
UBS raised the firm’s price target on CarGurus (CARG) to $37 from $33 and keeps a Neutral rating on the shares.
CarGurus price target raised to $36 from $33.50 at DA Davidson
DA Davidson raised the firm’s price target on CarGurus (CARG) to $36 from $33.50 and keeps a Neutral rating on the shares. The company reported in-line Q1 results and Q2…
CarGurus price target raised to $40 from $37 at BTIG
BTIG analyst Marvin Fong raised the firm’s price target on CarGurus (CARG) to $40 from $37 and keeps a Buy rating on the shares. The company delivered its 14th consecutive…
CarGurus price target raised to $38 from $36 at JPMorgan
JPMorgan analyst Rajat Gupta raised the firm’s price target on CarGurus (CARG) to $38 from $36 and keeps a Neutral rating on the shares.
CarGurus Earnings Call Transcript: Q1 2026
Q1 2026 saw 15% revenue growth and 17% adjusted EBITDA growth, driven by AI-powered products, international expansion, and strong dealer engagement. Guidance for 2026 was reiterated, with continued investment in AI and product innovation expected to weigh modestly on margins.
CarGurus Slides: Q1 2026
CarGurus has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.
CarGurus Earnings release: Q1 2026
CarGurus released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.
CarGurus Quarterly report: Q1 2026
CarGurus has published its Q1 2026 quarterly earnings report on May 7, 2026.
CarGurus reports Q1 adjusted EPS 58c, consensus 57c
Reports Q1 revenue $243.6M, consensus $243.12M. “We are pleased with our first quarter results, as we sustained our momentum with revenue growing 15% year-over-year as we continued to invest in…
CarGurus sees Q2 adjusted EPS 57c-64c, consensus 60c
Sees Q2 revenue $247M-$252M, consensus $249.1M.
CarGurus sees FY26 revenue growth of 10%-13% year-over-year
Sees non-GAAP adjusted EBITDA from continuing operations margin change year-over-year of (1.5)% to (2.5)%.
CarGurus Announces First Quarter 2026 Results
Q1'26 revenue grew 15% YoY to $244 million, at the midpoint of our guidance range Q1'26 GAAP Net Income from continuing operations of $32.2 million, down 23% YoY; Non-GAAP Adjusted EBITDA from continu...
Hyundai IONIQ 5 Named "Best EV Experience" in 2026 CarGurus Confidence Awards
Hyundai IONIQ 5 stands out in car shopping website's inaugural Confidence Awards CarGurus honors IONIQ 5 for delivering the best real-world EV experience 2026 IONIQ 5 delivers up to an EPA ‑ estimated...
CarGurus Recognizes the Top New Cars of 2026 in Inaugural Confidence Awards
Chosen by expert reviewers and backed by CarGurus' proprietary data, the awards highlight the best cars for affordability, modern design, and smart engineering in four key categories BOSTON, May 06, 2...
CarGurus Proxy statement: Proxy filing
CarGurus filed a proxy statement on April 22, 2026, providing details for shareholder voting and corporate governance matters.
CarGurus Proxy statement: Proxy filing
CarGurus filed a proxy statement on April 22, 2026, providing details for shareholder voting and corporate governance matters.