CarGurus, Inc. (CARG)
NASDAQ: CARG · Real-Time Price · USD
33.16
-0.32 (-0.96%)
Jul 18, 2025, 4:00 PM - Market closed

CarGurus Stock Forecast

Stock Price Forecast

The 13 analysts that cover CarGurus stock have a consensus rating of "Buy" and an average price target of $37.65, which forecasts a 13.54% increase in the stock price over the next year. The lowest target is $33 and the highest is $42.

Price Target: $37.65 (+13.54%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$33$37.65$38$42
Change-0.48%+13.54%+14.60%+26.66%

Analyst Ratings

The average analyst rating for CarGurus stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingFeb '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy444444
Buy433333
Hold334446
Sell000000
Strong Sell000000
Total111011111113

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Gordon Haskett
Gordon Haskett
Hold
Initiates
$35
HoldInitiates$35+5.55%Jul 14, 2025
Citigroup
Citigroup
Hold
Maintains
$40$37
HoldMaintains$40$37+11.58%Jul 3, 2025
JMP Securities
JMP Securities
Hold
Downgrades
$38
HoldDowngrades$38+14.60%Jul 2, 2025
RBC Capital
RBC Capital
Buy
Reiterates
$42
BuyReiterates$42+26.66%May 12, 2025
UBS
UBS
Hold
Maintains
$29$33
HoldMaintains$29$33-0.48%May 9, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
957.43M
from 894.38M
Increased by 7.05%
Revenue Next Year
1.03B
from 957.43M
Increased by 8.00%
EPS This Year
2.19
from 0.20
Increased by 1,009.58%
EPS Next Year
2.58
from 2.19
Increased by 18.00%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
551.45M951.37M1.66B914.24M894.38M957.43M1.03B1.11B
Revenue Growth
-6.36%72.52%73.96%-44.76%-2.17%7.05%8.00%7.54%
EPS
0.68-0.000.620.190.202.192.583.01
EPS Growth
83.78%---68.65%2.19%1,009.58%18.00%16.35%
Forward PE
-----15.1412.8311.03
No. Analysts
-----13139
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High1.0B1.1B1.2B
Avg957.4M1.0B1.1B
Low902.9M972.9M1.0B

Revenue Growth

Revenue Growth20252026202720282029
High
12.0%
14.0%
13.6%
Avg
7.0%
8.0%
7.5%
Low
0.9%
1.6%
-0.4%

EPS Forecast

EPS20252026202720282029
High2.374.124.89
Avg2.192.583.01
Low2.012.132.24

EPS Growth

EPS Growth20252026202720282029
High
1,102.4%
88.0%
89.4%
Avg
1,009.6%
18.0%
16.4%
Low
918.0%
-2.9%
-13.1%
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.