CarGurus, Inc. (CARG)
| Market Cap | 3.29B +4.8% |
| Revenue (ttm) | 967.27M +21.2% |
| Net Income | 175.94M +35.6% |
| EPS | 1.40 +550.0% |
| Shares Out | 89.07M |
| PE Ratio | 26.37 |
| Forward PE | 13.29 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 227,408 |
| Open | 38.46 |
| Previous Close | 38.99 |
| Day's Range | 36.47 - 38.66 |
| 52-Week Range | 26.39 - 41.22 |
| Beta | 1.17 |
| Analysts | Buy |
| Price Target | 39.83 (+7.71%) |
| Earnings Date | Aug 6, 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 $39.83, which is an increase of 7.71% from the latest price.
News
CarGurus price target raised to $41 from $40 at Barclays
Barclays analyst John Babcock raised the firm’s price target on CarGurus (CARG) to $41 from $40 and keeps an Overweight rating on the shares. The company reported a Q2 beat…
CarParts.com and CarGurus Turn Proprietary Data Into Moats
CarParts.com and CarGurus are each leveraging their own proprietary data to differentiate their platforms from competitors, executives at the two companies said in their Thursday (Aug. 6) earnings rep...
CarGurus price target raised to $44 from $43 at Needham
Needham analyst Chris Pierce raised the firm’s price target on CarGurus (CARG) to $44 from $43 and keeps a Buy rating on the shares following the Q2 report. Published first…
CarGurus price target raised to $40 from $37 at UBS
UBS analyst Joseph Spak raised the firm’s price target on CarGurus (CARG) to $40 from $37 and keeps a Neutral rating on the shares.
CarGurus price target raised to $46 from $42 at B. Riley
B. Riley raised the firm’s price target on CarGurus (CARG) to $46 from $42 and keeps a Buy rating on the shares. The company reported “strong” Q2 results that were…
CarGurus price target raised to $42 from $35 at RBC Capital
RBC Capital raised the firm’s price target on CarGurus (CARG) to $42 from $35 and keeps an Outperform rating on the shares. CarGurus delivered a solid quarter, with durable growth…
CarGurus price target raised to $41 from $40 at BTIG
BTIG analyst Marvin Fong raised the firm’s price target on CarGurus (CARG) to $41 from $40 and keeps a Buy rating on the shares. CarGurus delivered a solid Q2 despite…
CarGurus Earnings Call Transcript: Q2 2026
Q2 2026 saw 13% revenue growth and strong international performance, with AI-driven product innovation boosting dealer engagement and operational efficiency. Guidance for 2026 revenue growth remains at 10%-13%, with profitability outlook raised despite temporary dealer spending caution.
CarGurus Earnings release: Q2 2026
CarGurus released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
CarGurus Slides: Q2 2026
CarGurus has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
CarGurus Quarterly report: Q2 2026
CarGurus has published its Q2 2026 quarterly earnings report on August 6, 2026.
CarGurus reports Q2 non-GAAP EPS 66c , consensus 61c
Reports Q2 revenue $251M, consensus $249.88M. “We delivered strong second-quarter results, with 13% year-over-year revenue growth and continued momentum in our International business,” said Jason Trev...
CarGurus sees Q3 non-GAAP EPS 63c-69c, consensus 63c
Sees Q3 revenue $253.5M-$258.5M, consensus $257.28M.
CarGurus Announces Second Quarter 2026 Results
Q2'26 revenue grew 13% YoY to $251.0 million, above the midpoint of our guidance range Q2'26 GAAP net income from continuing operations of $49.2 million; non-GAAP adjusted EBITDA from continuing opera...
CarGurus price target raised to $40 from $35 at Barclays
Barclays raised the firm’s price target on CarGurus (CARG) to $40 from $35 and keeps an Overweight rating on the shares. The firm adjusted estimates and targets in the auto…
CarGurus To Report Second Quarter 2026 Financial Results
BOSTON, July 20, 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...
CarGurus Brings a New Level of Transparency to Car Shopping with Enhanced Site Features
Building on its industry-leading commitment to trust and transparency, CarGurus is making it easier for shoppers to understand a car's total price while helping dealers build trust BOSTON, July 20, 20...
CarGurus Mid-Year Report Finds Momentum Across Key Segments as Affordability Reshapes the Market
BOSTON, June 23, 2026 (GLOBE NEWSWIRE) -- CarGurus , the No. 1 most visited automotive shopping site in the U.S.1, today released its 2026 Mid-Year Review , highlighting a year shaped so far by resili...
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…