CarGurus, Inc. (CARG)
NASDAQ: CARG · Real-Time Price · USD
29.11
-2.30 (-7.32%)
At close: Aug 8, 2025, 4:00 PM
29.50
+0.39 (1.34%)
After-hours: Aug 8, 2025, 5:01 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 $38.27, which forecasts a 31.47% increase in the stock price over the next year. The lowest target is $34 and the highest is $44.
Price Target: $38.27 (+31.47%)
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 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 4 | 4 | 4 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 11 | 11 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $33 → $36 | Hold | Maintains | $33 → $36 | +23.67% | Aug 8, 2025 |
| Needham | Needham | Strong Buy Maintains $39 → $44 | Strong Buy | Maintains | $39 → $44 | +51.15% | Aug 8, 2025 |
| Gordon Haskett | Gordon Haskett | Hold Initiates $35 | Hold | Initiates | $35 | +20.23% | Jul 14, 2025 |
| Citigroup | Citigroup | Hold Maintains $40 → $37 | Hold | Maintains | $40 → $37 | +27.10% | Jul 3, 2025 |
| JMP Securities | JMP Securities | Buy → Hold Downgrades $38 | Buy → Hold | Downgrades | $38 | +30.54% | Jul 2, 2025 |
Financial Forecast
Revenue This Year
957.65M
from 894.38M
Increased by 7.07%
Revenue Next Year
1.03B
from 957.65M
Increased by 7.97%
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%
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 | 957.7M | 1.0B | 1.1B | ||
| Low | 902.9M | 972.9M | 1.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 12.0% | 13.9% | 13.6% | ||
| Avg | 7.1% | 8.0% | 7.4% | ||
| Low | 0.9% | 1.6% | -0.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.37 | 4.12 | 4.89 | ||
| Avg | 2.19 | 2.58 | 3.01 | ||
| Low | 2.01 | 2.13 | 2.24 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| 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.