CarGurus, Inc. (CARG)
| Market Cap | 2.59B -11.2% |
| Revenue (ttm) | 938.30M +18.1% |
| Net Income | 149.09M +285.1% |
| EPS | 1.10 |
| Shares Out | 90.19M |
| PE Ratio | 19.24 |
| Forward PE | 11.02 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,553,106 |
| Open | 30.15 |
| Previous Close | 30.04 |
| Day's Range | 28.50 - 30.58 |
| 52-Week Range | 26.39 - 39.42 |
| Beta | 1.28 |
| Analysts | Buy |
| Price Target | 38.23 (+33.35%) |
| 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 11 analysts, the average rating for CARG stock is "Buy." The 12-month stock price target is $38.23, which is an increase of 33.35% from the latest price.
News
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 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 To Report First Quarter 2026 Financial Results
BOSTON, April 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 f...
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...
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...
CarGurus director buys $1.0M in common stock
In a regulatory filing, CarGurus (CARG) disclosed that its director Stephen Keufer bought 30.8K shares of common stock on March 3rd in a total transaction size of $1.0M. Shares are…
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 ...
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.
CarGurus price target lowered to $38 from $40 at Oppenheimer
Oppenheimer lowered the firm’s price target on CarGurus (CARG) to $38 from $40 and keeps an Outperform rating on the shares. The firm notes the company issued initial 2026 revenue…
CarGurus price target lowered to $33.50 from $37.50 at DA Davidson
DA Davidson lowered the firm’s price target on CarGurus (CARG) to $33.50 from $37.50 and keeps a Neutral rating on the shares. The firm cites the company’s solid Q4 results…
CarGurus price target lowered to $34 from $40 at RBC Capital
RBC Capital analyst Brad Erickson lowered the firm’s price target on CarGurus (CARG) to $34 from $40 and keeps an Outperform rating on the shares. The company’s Q4 was a…
CarGurus price target lowered to $37 from $44 at BTIG
BTIG analyst Marvin Fong lowered the firm’s price target on CarGurus (CARG) to $37 from $44 and keeps a Buy rating on the shares. The company’s guidance finally gave clarity…
CarGurus price target lowered to $32 from $41 at Citi
Citi lowered the firm’s price target on CarGurus (CARG) to $32 from $41 and keeps a Neutral rating on the shares post the Q4 report. The firm sees the company’s…