CarGurus, Inc. (CARG)
NASDAQ: CARG · Real-Time Price · USD
29.40
-1.76 (-5.65%)
Oct 1, 2026, 11:09 AM EDT - Market open
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 $42. The average 1-year stock price forecast is 42.86% higher than the current stock price, while the lowest is $39 (+32.65%) and the highest is $46 (+56.46%).
Price Target: $42 (+42.86%)
Analyst Consensus: Buy
Price Target
Chart* Price targets were last updated on Aug 14, 2026.
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 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 6 | 6 | 6 | 6 |
| Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Hold | 6 | 6 | 6 | 6 | 6 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 15 | 15 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citi | Citi | Hold Maintains $32 → $39 | Hold | Maintains | $32 → $39 | +32.65% | Aug 14, 2026 |
| Oppenheimer | Oppenheimer | Buy Maintains $38 → $44 | Buy | Maintains | $38 → $44 | +49.66% | Aug 12, 2026 |
| D.A. Davidson | D.A. Davidson | Hold Maintains $36 → $42 | Hold | Maintains | $36 → $42 | +42.86% | Aug 10, 2026 |
| Barclays | Barclays | Buy Maintains $40 → $41 | Buy | Maintains | $40 → $41 | +39.46% | Aug 10, 2026 |
| UBS | UBS | Hold Reiterates $37 → $40 | Hold | Reiterates | $37 → $40 | +36.05% | Aug 7, 2026 |
Financial Forecast
Revenue This Year
1.01B
from 906.98M
Increased by 11.83%
Revenue Next Year
1.10B
from 1.01B
Increased by 8.94%
EPS This Year
2.62
from 2.22
Increased by 18.21%
EPS Next Year
3.02
from 2.62
Increased by 15.21%
EPS and Forward PE are based on non-GAAP adjusted numbers.