CarGurus Stock Forecast

Stock Price Forecast

According to 15 analysts polled by S&P Global, CarGurus stock has a consensus rating of "Buy" and an average price target of $37.38. The average 1-year stock price forecast is 24.52% higher than the current stock price, while the lowest is $32 (+6.60%) and the highest is $43 (+43.24%).

Price Target: $37.38 (+24.52%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$32	$37.38	$37	$43
Change	+6.60%	+24.52%	+23.25%	+43.24%

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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	6	6	6	6	5	6
Buy	2	2	2	2	3	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	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Dmitriy Pozdnyakov Freedom Capital Markets	Freedom Capital Markets	Buy Initiates $40	Buy	Initiates	$40	+33.24%	Jun 12, 2026
John Babcock Barclays	Barclays	Buy Initiates $35	Buy	Initiates	$35	+16.59%	May 28, 2026
Jed Kelly Oppenheimer	Oppenheimer	Buy Maintains $38	Buy	Maintains	$38	+26.58%	May 13, 2026
Joseph Spak UBS	UBS	Hold Maintains $33 → $37	Hold	Maintains	$33 → $37	+23.25%	May 8, 2026
Rajat Gupta CFA J.P. Morgan	J.P. Morgan	Hold Reiterates $36 → $38	Hold	Reiterates	$36 → $38	+26.58%	May 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.01B

from 906.98M

11.89%

from 906.98M

Revenue Next Year

1.11B

from 1.01B

9.20%

from 1.01B

EPS This Year

2.51

from 2.22

12.85%

from 2.22

EPS Next Year

2.91

from 2.51

15.98%

from 2.51

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	951.37M	1.66B	698.42M	798.04M	906.98M	1.01B
Revenue Growth	72.52%	73.96%	-57.80%	14.26%	13.65%	11.89%
Gross Profit	658.01M	657.72M	636.61M	737.45M	841.51M	936.33M
Gross Margin	69.16%	39.74%	91.15%	92.41%	92.78%	92.26%
Operating Income	148.92M	108.64M	120.33M	178.65M	244.94M	311.11M
Net Income	-154.00K	193.79M	31.10M	20.97M	155.90M	180.84M
EPS	-	-	-	-	2.22	2.51
EPS Growth	-	-	-	-	29.07%	12.85%
Forward PE	24.10	19.32	18.67	19.31	15.62	11.98
Free Cash Flow	112.62M	241.71M	178.05M	90.05M	219.40M	267.46M
No. Analysts	-	-	-	-	-	14

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	1.0B
Avg	1.0B
Low	1.0B

Revenue Growth

Revenue Growth	2026	2027	2028
High	12.9%
Avg	11.9%
Low	11.3%

EPS Forecast

EPS	2026	2027	2028
High	2.59
Avg	2.51
Low	2.36

EPS Growth

EPS Growth	2026	2027	2028
High	16.6%
Avg	12.9%
Low	6.3%