CarGurus, Inc. (CARG)
| Market Cap | 3.01B -14.4% |
| Revenue (ttm) | 967.27M +21.2% |
| Net Income | 175.94M +35.6% |
| EPS | 1.40 +550.0% |
| Shares Out | 89.07M |
| PE Ratio | 22.21 |
| Forward PE | 12.06 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 984,826 |
| Open | 33.60 |
| Previous Close | 34.23 |
| Day's Range | 32.93 - 34.03 |
| 52-Week Range | 26.39 - 41.22 |
| Beta | 1.16 |
| Analysts | Buy |
| Price Target | 41.38 (+22.64%) |
| 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 $41.38, which is an increase of 22.64% from the latest price.
News
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.
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...