CarGurus, Inc. (CARG)
NASDAQ: CARG · Real-Time Price · USD
32.90
-0.74 (-2.20%)
At close: May 15, 2025, 4:00 PM
32.91
+0.01 (0.03%)
After-hours: May 15, 2025, 4:09 PM EDT
CarGurus Stock Forecast
Stock Price Forecast
According to 11 professional analysts, the 12-month price target for CarGurus stock ranges from a low of $27 to a high of $42. The average analyst price target of $36.95 forecasts a 12.31% increase in the stock price over the next year.
Price Target: $36.95 (+12.31%)
Analyst Consensus: Buy
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
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Hold | 3 | 3 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 10 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $42 | Buy | Reiterates | $42 | +27.66% | May 12, 2025 |
| UBS | UBS | Hold Maintains $29 → $33 | Hold | Maintains | $29 → $33 | +0.30% | May 9, 2025 |
| Needham | Needham | Strong Buy Maintains $45 → $39 | Strong Buy | Maintains | $45 → $39 | +18.54% | May 9, 2025 |
| UBS | UBS | Hold Maintains $36 → $29 | Hold | Maintains | $36 → $29 | -11.85% | Apr 10, 2025 |
| JMP Securities | JMP Securities | Buy Maintains $43 → $38 | Buy | Maintains | $43 → $38 | +15.50% | Apr 9, 2025 |
Financial Forecast
Revenue This Year
962.81M
from 894.38M
Increased by 7.65%
Revenue Next Year
1.04B
from 962.81M
Increased by 8.02%
EPS This Year
1.94
from 0.20
Increased by 883.25%
EPS Next Year
2.24
from 1.94
Increased by 15.39%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.0B | 1.1B | 1.2B | ||
| Avg | 962.8M | 1.0B | 1.1B | ||
| Low | 895.5M | 951.2M | 1.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 14.5% | 18.4% | 19.3% | ||
| Avg | 7.7% | 8.0% | 7.9% | ||
| Low | 0.1% | -1.2% | -3.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.16 | 3.48 | 4.40 | ||
| Avg | 1.94 | 2.24 | 2.73 | ||
| Low | 1.70 | 1.84 | 2.00 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 996.0% | 79.1% | 96.5% | ||
| Avg | 883.2% | 15.4% | 21.9% | ||
| Low | 759.1% | -5.1% | -10.7% |
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.