CarGurus, Inc. (CARG)
NASDAQ: CARG · Real-Time Price · USD
34.18
-0.32 (-0.93%)
At close: Jul 10, 2026, 4:00 PM EDT
33.86
-0.32 (-0.95%)
After-hours: Jul 10, 2026, 5:31 PM EDT
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 9.36% higher than the current stock price, while the lowest is $32 (-6.38%) and the highest is $43 (+25.80%).
Price Target: $37.38 (+9.36%)
Analyst Consensus: Buy
* Price targets were last updated on Jun 12, 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 | 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 |
|---|---|---|---|---|---|---|---|
| Freedom Capital Markets | Freedom Capital Markets | Buy Initiates $40 | Buy | Initiates | $40 | +17.03% | Jun 12, 2026 |
| Barclays | Barclays | Buy Initiates $35 | Buy | Initiates | $35 | +2.40% | May 28, 2026 |
| Oppenheimer | Oppenheimer | Buy Maintains $38 | Buy | Maintains | $38 | +11.18% | May 13, 2026 |
| UBS | UBS | Hold Maintains $33 → $37 | Hold | Maintains | $33 → $37 | +8.25% | May 8, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Reiterates $36 → $38 | Hold | Reiterates | $36 → $38 | +11.18% | May 8, 2026 |
Financial Forecast
Revenue This Year
1.01B
from 906.98M
Increased by 11.89%
Revenue Next Year
1.11B
from 1.01B
Increased by 9.20%
EPS This Year
2.51
from 2.22
Increased by 13.16%
EPS Next Year
2.91
from 2.51
Increased by 15.99%
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 | 13.2% | ||
| Low | 6.3% |