CarGurus, Inc. (CARG)
|Net Income (ttm)||214.09M|
|Day's Range||21.74 - 22.02|
|52-Week Range||11.81 - 24.22|
|Price Target||23.33 (+6.95%)|
|Earnings Date||Nov 7, 2023|
CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale The company provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers, as well as sell their car to dealers and other consumers. Its marketplace connects dealers to a large audience of informed and engaged consumers. The company operates online marketplaces under ... [Read more]
Financial PerformanceFinancial Statements
According to 12 analysts, the average rating for CARG stock is "Buy." The 12-month stock price forecast is $23.33, which is an increase of 6.95% from the latest price.
CAMBRIDGE, Mass., Nov. 09, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced tha...
Digital automotive platforms are adding features and cutting costs as they continue to cope with a challenging economic environment. CarGurus executives said Tuesday (Nov.
Shares of CarGurus Inc. CARG, -0.76% rose more than 6% in the extended session Tuesday after the online car marketplace reported third-quarter results that were above Wall Street expectations. CarGuru...
CAMBRIDGE, Mass., Nov. 07, 2023 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No.
Marketplace revenue growth accelerated to 8% YoY in the third quarter with similarly high single-digit YoY growth expected in the fourth quarter
EV sales are up but not all EVs are selling at the same rate, says CarGurus' Kevin Roberts
Kevin Roberts, CarGurus, joins 'Fast Money' to talk ballooning EV inventory at car dealerships and what it means for the EV industry as a whole.
CAMBRIDGE, Mass., Oct. 30, 2023 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No.
CAMBRIDGE, Mass., Oct. 18, 2023 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No.
CAMBRIDGE, Mass., Oct. 17, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will i...
How UAW strike will benefit online auto advertisers like CarGurus and Cars.com
Tom White, senior research analyst at D.A. Davidson, joins 'The Exchange' to discuss how online auto advertisers like cars.com and CarGurus will benefit from the ongoing auto strike, what this strike ...
Remember when every car dealer on the street had no inventory and lead times extended up to a year for specific brands? The chip shortage causing supply bottlenecks in motor vehicles is taking a back ...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CarGurus, Inc. - CARG
NEW YORK , Aug. 28, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of CarGurus, Inc. ("CarGurus" or the "Company") (NASDAQ: CARG). Such investors are advised to cont...
It seems customary to put valuations on high-growth internet stocks that are absolutely insane. Yet CarGurus Inc. ( CARG , Financial) seems to get different treatment.
GAAP consolidated net income was $13.8 million; Consolidated Adjusted EBITDA was $45.2 million, exceeding high-end of guidance range Digital Wholesale demonstrated ongoing efficiency in operating metr...
CAMBRIDGE, Mass., Aug. 07, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will i...
Shares of CarGurus Inc. CARG, -3.89% dropped nearly 6% in the extended session Thursday after the online car marketplace postponed its second quarter earnings release and conference call with analysts...
CAMBRIDGE, Mass., Aug. 03, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced tha...
Autolist's Annual Electric Vehicle Survey Reveals Potential Challenges to Widespread Consumer Adoption
Car shopper feedback shows concerns easing around the switch to electric vehicles (EVs), but those resisting EVs are becoming more entrenched in their views Car shopper feedback shows concerns easing ...
Gupta brings product leadership and vision scaling global platforms to Board position with the nation's most visited automotive shopping site1
The most visited automotive shopping site in the U.S.¹ builds on its artificial intelligence (AI) capabilities to help shoppers discover their best-fit next car with greater ease The most visited auto...
Dealer Demand to Connect More Efficiently with Digitally-Driven Shoppers Fuels Success of CarGurus Digital Retail Solution
One year after launch, Digital Deal is one of CarGurus' fastest-growing innovations, supporting dealer goals for sales velocity and improved customer satisfaction by delivering leads that are up to 5....
U.S. stocks appear headed for a flat open, but keep an eye peeled Monday for Dish, Gannett, Palo Alto Networks, CarGurus and others
Here are some prospective movers to keep an eye on Monday, when the U.S. stock market, as of early Sunday evening Eastern time, appeared poised for a muted start to the new week.
Online car-buying platform CarGurus Inc. CARG on Tuesday reported first-quarter results and a second-quarter forecast that topped Wall Street's estimates, sending shares 10.9% higher in after-hours tr...
First Quarter Highlights: Total revenue of $232.0 million GAAP operating income of $14.1 million; non-GAAP operating income of $36.6 million GAAP consolidated net income of $11.9 million; non-GAAP con...
CAMBRIDGE, Mass., April 18, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will ...