CarGurus, Inc. (CARG)
NASDAQ: CARG · Real-Time Price · USD
27.73
+0.73 (2.70%)
Apr 23, 2025, 4:00 PM EDT - Market closed
CarGurus Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for CarGurus stock have an average target of 37.14, with a low estimate of 27 and a high estimate of 45. The average target predicts an increase of 33.93% from the current stock price of 27.73.
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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Hold | 3 | 3 | 3 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $36 → $29 | Hold | Maintains | $36 → $29 | +4.58% | Apr 10, 2025 |
| JMP Securities | JMP Securities | Buy Maintains $43 → $38 | Buy | Maintains | $43 → $38 | +37.04% | Apr 9, 2025 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $42 → $34 | Buy → Hold | Downgrades | $42 → $34 | +22.61% | Mar 27, 2025 |
| Oppenheimer | Oppenheimer | Buy Maintains $44 → $42 | Buy | Maintains | $44 → $42 | +51.46% | Feb 24, 2025 |
| Citizens Capital Markets | Citizens Capital Markets | Buy Maintains $46 → $43 | Buy | Maintains | $46 → $43 | +55.07% | Feb 21, 2025 |
Financial Forecast
Revenue This Year
967.77M
from 894.38M
Increased by 8.21%
Revenue Next Year
1.05B
from 967.77M
Increased by 7.98%
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 | 967.8M | 1.0B | 1.2B | ||
| Low | 895.5M | 951.2M | 1.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 14.5% | 17.8% | 18.8% | ||
| Avg | 8.2% | 8.0% | 10.6% | ||
| Low | 0.1% | -1.7% | 2.6% |
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.