CarGurus Stock Forecast

Stock Price Forecast

According to 14 analysts polled by S&P Global, CarGurus stock has a consensus rating of "Buy" and an average price target of $37.17. The average 1-year stock price forecast is 24.48% higher than the current stock price, while the lowest is $32 (+7.17%) and the highest is $43 (+44.01%).

Price Target: $37.17 (+24.48%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$32	$37.17	$36.5	$43
Change	+7.17%	+24.48%	+22.24%	+44.01%

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 '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	6	6	6	6	6	5
Buy	2	2	2	2	2	3
Hold	6	6	6	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	14	14	14	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Babcock Barclays	Barclays	Buy Initiates $35	Buy	Initiates	$35	+17.21%	May 28, 2026
Jed Kelly Oppenheimer	Oppenheimer	Buy Maintains $38	Buy	Maintains	$38	+27.26%	May 13, 2026
Joseph Spak UBS	UBS	Hold Maintains $33 → $37	Hold	Maintains	$33 → $37	+23.91%	May 8, 2026
Rajat Gupta CFA J.P. Morgan	J.P. Morgan	Hold Reiterates $36 → $38	Hold	Reiterates	$36 → $38	+27.26%	May 8, 2026
Tom White D.A. Davidson	D.A. Davidson	Hold Maintains $36	Hold	Maintains	$36	+20.56%	May 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.03B

from 906.98M

13.89%

from 906.98M

Revenue Next Year

1.13B

from 1.03B

9.20%

from 1.03B

EPS This Year

2.60

from 1.14

127.31%

from 1.14

EPS Next Year

3.15

from 2.60

21.20%

from 2.60

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	1.13B
Revenue Growth	72.52%	73.96%	-57.80%	14.26%	13.65%	13.89%	9.20%
EPS	-0.00	0.62	-0.43	-0.81	1.14	2.60	3.15
EPS Growth	-	-	-	-	-	127.31%	21.20%
Forward PE	-	-	-	-	-	11.49	9.48
No. Analysts	-	-	-	-	-	14	14

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	980.0M	1.0B

Revenue Growth

Revenue Growth	2026	2027
High	17.8%	14.3%
Avg	13.9%	9.2%
Low	8.1%	1.3%

EPS Forecast

EPS	2026	2027
High	2.71	4.55
Avg	2.60	3.15
Low	2.45	2.78

EPS Growth

EPS Growth	2026	2027
High	137.0%	75.0%
Avg	127.3%	21.2%
Low	114.3%	7.1%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.