CarGurus, Inc. (CARG)
NASDAQ: CARG · Real-Time Price · USD
37.55
+0.32 (0.86%)
At close: Oct 1, 2025, 4:00 PM EDT
37.55
0.00 (0.00%)
After-hours: Oct 1, 2025, 4:35 PM EDT

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 $38.12, which forecasts a 1.52% increase in the stock price over the next year. The lowest target is $34 and the highest is $44.

Price Target: $38.12 (+1.52%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$34$38.12$38$44
Change-9.45%+1.52%+1.20%+17.18%

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

RatingApr '25May '25Jun '25Jul '25Aug '25Sep '25
Strong Buy444444
Buy333333
Hold444666
Sell000000
Strong Sell000000
Total111111131313

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
BTIG
BTIG
Strong Buy
Reiterates
$35
Strong BuyReiterates$35-6.79%Sep 5, 2025
Oppenheimer
Oppenheimer
Buy
Maintains
$42$40
BuyMaintains$42$40+6.52%Aug 12, 2025
UBS
UBS
Hold
Maintains
$33$36
HoldMaintains$33$36-4.13%Aug 8, 2025
Needham
Needham
Strong Buy
Maintains
$39$44
Strong BuyMaintains$39$44+17.18%Aug 8, 2025
Gordon Haskett
Gordon Haskett
Hold
Initiates
$35
HoldInitiates$35-6.79%Jul 14, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
950.28M
from 894.38M
Increased by 6.25%
Revenue Next Year
1.01B
from 950.28M
Increased by 5.86%
EPS This Year
2.25
from 0.20
Increased by 1,039.56%
EPS Next Year
2.56
from 2.25
Increased by 13.81%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
551.45M951.37M1.66B914.24M894.38M950.28M1.01B
Revenue Growth
-6.36%72.52%73.96%-44.76%-2.17%6.25%5.86%
EPS
0.68-0.000.620.190.202.252.56
EPS Growth
83.78%---68.65%2.19%1,039.56%13.81%
Forward PE
-----16.7014.67
No. Analysts
-----1515
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High985.1M1.1B
Avg950.3M1.0B
Low905.8M935.8M

Revenue Growth

Revenue Growth20252026202720282029
High
10.1%
12.8%
Avg
6.2%
5.9%
Low
1.3%
-1.5%

EPS Forecast

EPS20252026202720282029
High2.432.95
Avg2.252.56
Low2.062.25

EPS Growth

EPS Growth20252026202720282029
High
1,129.0%
31.2%
Avg
1,039.6%
13.8%
Low
942.8%
-0.1%
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.