CarGurus, Inc. (CARG)
NASDAQ: CARG · Real-Time Price · USD
31.15
-6.44 (-17.13%)
At close: Feb 21, 2025, 4:00 PM
31.26
+0.11 (0.35%)
After-hours: Feb 21, 2025, 7:26 PM EST
CarGurus Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for CarGurus stock have an average target of 38.41, with a low estimate of 27 and a high estimate of 46. The average target predicts an increase of 23.31% from the current stock price of 31.15.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CarGurus stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | +44.46% | Feb 21, 2025 |
| Needham | Needham | Strong Buy Maintains $39 → $45 | Strong Buy | Maintains | $39 → $45 | +44.46% | Jan 16, 2025 |
| JMP Securities | JMP Securities | Buy Reiterates $46 | Buy | Reiterates | $46 | +47.67% | Dec 16, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $41 → $46 | Buy | Maintains | $41 → $46 | +47.67% | Nov 22, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $30 → $42 | Buy | Maintains | $30 → $42 | +34.83% | Nov 11, 2024 |
Financial Forecast
Revenue This Year
916.14M
from 914.24M
Increased by 0.21%
Revenue Next Year
1.00B
from 916.14M
Increased by 9.48%
EPS This Year
1.75
from 0.19
Increased by 808.47%
EPS Next Year
1.93
from 1.75
Increased by 10.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 948.8M | 1.1B | 1.2B | |||
| Avg | 916.1M | 1.0B | 1.1B | |||
| Low | 874.2M | 905.5M | 946.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.8% | 18.9% | 20.1% | |||
| Avg | 0.2% | 9.5% | 8.4% | |||
| Low | -4.4% | -1.2% | -5.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.06 | 2.30 | 3.52 | |||
| Avg | 1.75 | 1.93 | 2.31 | |||
| Low | 1.60 | 1.70 | 1.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 966.2% | 31.1% | 82.3% | |||
| Avg | 808.5% | 10.0% | 19.6% | |||
| Low | 727.1% | -3.4% | -1.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.