CarGurus, Inc. (CARG)
| Market Cap | 3.00B -11.9% |
| Revenue (ttm) | 967.27M +21.2% |
| Net Income | 175.94M +35.6% |
| EPS | 1.40 +550.0% |
| Shares Out | 89.07M |
| PE Ratio | 23.99 |
| Forward PE | 12.07 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 943,082 |
| Open | 32.33 |
| Previous Close | 32.18 |
| Day's Range | 32.18 - 34.00 |
| 52-Week Range | 26.39 - 41.22 |
| Beta | 1.22 |
| Analysts | Buy |
| Price Target | 41.27 (+22.68%) |
| Earnings Date | Nov 5, 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 13 analysts, the average rating for CARG stock is "Buy." The 12-month stock price target is $41.27, which is an increase of 22.68% from the latest price.
News
CarGurus To Report Third Quarter 2026 Financial Results
BOSTON, Oct. 19, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.1, today announced that it will report financial results for the third qu...
New York City sues CarGurus over false advertising allegations
Commissioner of the New York City Department of Consumer and Worker Protection Samuel Levine and the New York City Department of Consumer and Worker Protection announced an enforcement action against…
CarGurus drops 2% to $29.45 after New York City announces lawsuit
12:43 EDT CarGurus (CARG) drops 2% to $29.45 after New York City announces lawsuit
CarGurus price target lowered to $35 from $40 at UBS
UBS lowered the firm’s price target on CarGurus (CARG) to $35 from $40 and keeps a Neutral rating on the shares. Auto dealers remain difficult to recommend tactically amid negative…
CarGurus price target lowered to $38 from $41 at Barclays
Barclays lowered the firm’s price target on CarGurus (CARG) to $38 from $41 and keeps an Overweight rating on the shares. The firm reduced estimates and price targets in the…
CarGurus announces details on latest addition to platform, VINMax
CarGurus (CARG) announced details on the latest addition to its dealer platform: VINMax, which extends CarGurus’ consumer demand data and AI-powered predictive intelligence into marketing for the firs...
VINMax, CarGurus' Newest Innovation, Shortens Turn Times by Over a Week¹
CarGurus brings its predictive intelligence to VIN-level marketing, helping dealers boost the right vehicles at the right time to protect margin BOSTON, Sept. 29, 2026 (GLOBE NEWSWIRE) -- CarGurus (Na...
CarGurus appoints Matthew Mandel as CFO
CarGurus (CARG) announced it has appointed Matthew Mandel as CFO, effective Oct. 19. Reporting to CarGurus CEO Jason Trevisan, Mandel will lead financial strategy and operations; corporate development...
CarGurus Appoints Matthew Mandel as Chief Financial Officer
CarGurus names Matthew Mandel as Chief Financial Officer. The former Fleetio CFO joins to lead financial strategy and support product platform growth.
Chicco and CarGurus Introduce The Family Fit Factor to Keep Families Safe on the Road
Baby Safety Month collaboration offers families free resources and expert guidance on child passenger safety, from vehicle choice to car seat fit. LANCASTER, Pa.
CarGurus on Car Affordability Challenges, Supply Tightness & Tariffs
Kevin Roberts of @cargurus addresses the affordability challenges car buyers are facing in the auto market. He says the average vehicle price in July was $51,000 and rising, with cheaper cars getting ...
CarGurus price target raised to $44 from $38 at Oppenheimer
Oppenheimer analyst Jed Kelly raised the firm’s price target on CarGurus (CARG) to $44 from $38 and keeps an Outperform rating on the shares following quarterly results. The firm is…
CarGurus price target raised to $39 from $32 at Citi
Citi raised the firm’s price target on CarGurus (CARG) to $39 from $32 and keeps a Neutral rating on the shares. The firm is encouraged by the company’s Q2 results…
CarGurus Names 2026 Top Dealer Award Winners
The 12 th annual awards recognize dealers delivering outstanding service, value, and transparency, with less than 10% of dealerships earning the distinction BOSTON, Aug. 11, 2026 (GLOBE NEWSWIRE) -- C...
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
Revenue rose 13% year-over-year to $251 million in Q2, with adjusted EBITDA up 7% and strong free cash flow. AI-driven product innovation and dealer engagement fueled growth, while share repurchases exceeded $200 million year-to-date. Full-year guidance remains robust.
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.