CarGurus, Inc. (CARG)
NASDAQ: CARG · Real-Time Price · USD
35.96
+0.40 (1.12%)
Jan 13, 2025, 4:00 PM EST - Market closed
CarGurus Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for CarGurus stock have an average target of 37.86, with a low estimate of 27 and a high estimate of 46. The average target predicts an increase of 5.28% from the current stock price of 35.96.
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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 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 | 10 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $46 | Buy | Reiterates | $46 | +27.92% | Dec 16, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $41 → $46 | Buy | Maintains | $41 → $46 | +27.92% | Nov 22, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $30 → $42 | Buy | Maintains | $30 → $42 | +16.80% | Nov 11, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $30 → $40 | Strong Buy | Maintains | $30 → $40 | +11.23% | Nov 11, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $32 → $41 | Buy | Maintains | $32 → $41 | +14.02% | Nov 11, 2024 |
Financial Forecast
Revenue This Year
915.04M
from 914.24M
Increased by 0.09%
Revenue Next Year
1.00B
from 915.04M
Increased by 9.39%
EPS This Year
1.75
from 0.19
Increased by 803.81%
EPS Next Year
1.95
from 1.75
Increased by 11.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 948.8M | 1.1B | 1.2B | |||
| Avg | 915.0M | 1.0B | 1.1B | |||
| Low | 871.8M | 905.5M | 946.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.8% | 19.0% | 20.4% | |||
| Avg | 0.1% | 9.4% | 8.5% | |||
| Low | -4.6% | -1.0% | -5.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.94 | 2.61 | 3.52 | |||
| Avg | 1.75 | 1.95 | 2.35 | |||
| Low | 1.60 | 1.67 | 1.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 902.6% | 49.8% | 80.2% | |||
| Avg | 803.8% | 11.8% | 20.2% | |||
| Low | 727.1% | -4.1% | -3.2% |
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.