CarGurus Stock Forecast

Stock Price Forecast

The 12 analysts that cover CarGurus stock have a consensus rating of "Buy" and an average price target of $38.29, which forecasts a 18.25% increase in the stock price over the next year. The lowest target is $33.5 and the highest is $45.

Price Target: $38.29 (+18.25%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$33.5	$38.29	$38	$45
Change	+3.46%	+18.25%	+17.36%	+38.97%

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	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	4	4	4	3	3	3
Buy	3	3	3	3	3	3
Hold	6	6	6	5	5	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	13	11	11	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jed Kelly Oppenheimer	Oppenheimer	Buy Maintains $40 → $38	Buy	Maintains	$40 → $38	+17.36%	Feb 24, 2026
Brad Erickson RBC Capital	RBC Capital	Buy Maintains $40 → $34	Buy	Maintains	$40 → $34	+5.00%	Feb 20, 2026
Tom White DA Davidson	DA Davidson	Hold Maintains $38 → $34	Hold	Maintains	$38 → $34	+3.46%	Feb 20, 2026
Marvin Fong BTIG	BTIG	Strong Buy Maintains $44 → $37	Strong Buy	Maintains	$44 → $37	+14.27%	Feb 20, 2026
Chris Pierce Needham	Needham	Strong Buy Maintains $44 → $37	Strong Buy	Maintains	$44 → $37	+14.27%	Feb 5, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.03B

from 906.98M

13.45%

from 906.98M

Revenue Next Year

1.12B

from 1.03B

8.75%

from 1.03B

EPS This Year

2.58

from 1.14

125.52%

from 1.14

EPS Next Year

3.08

from 2.58

19.34%

from 2.58

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	951.37M	1.66B	698.42M	798.04M	906.98M	1.03B	1.12B
Revenue Growth	72.52%	73.96%	-57.80%	14.26%	13.65%	13.45%	8.75%
EPS	-0.00	0.62	-0.43	-0.81	1.14	2.58	3.08
EPS Growth	-	-	-	-	-	125.52%	19.34%
Forward PE	-	-	-	-	-	12.56	10.52
No. Analysts	-	-	-	-	-	15	15

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	1.1B	1.2B
Avg	1.0B	1.1B
Low	966.0M	1.0B

Revenue Growth

Revenue Growth	2026	2027
High	18.3%	15.5%
Avg	13.5%	8.7%
Low	6.5%	0.7%

EPS Forecast

EPS	2026	2027
High	2.90	4.55
Avg	2.58	3.08
Low	2.19	2.57

EPS Growth

EPS Growth	2026	2027
High	154.0%	76.3%
Avg	125.5%	19.3%
Low	91.2%	-0.4%

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.