CarGurus, Inc. (CARG)
NASDAQ: CARG · Real-Time Price · USD
36.85
-0.04 (-0.11%)
Aug 21, 2026, 4:00 PM EDT - Market closed

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 $41.5. The average 1-year stock price forecast is 12.62% higher than the current stock price, while the lowest is $34 (-7.73%) and the highest is $46 (+24.83%).

Price Target: $41.5 (+12.62%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$34$41.5$42$46
Change-7.73%+12.62%+13.98%+24.83%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy665666
Buy223333
Hold666666
Sell000000
Strong Sell000000
Total141414151515

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Hold
Maintains
$32$39
HoldMaintains$32$39+5.83%Aug 14, 2026
Oppenheimer
Oppenheimer
Buy
Maintains
$38$44
BuyMaintains$38$44+19.40%Aug 12, 2026
D.A. Davidson
D.A. Davidson
Hold
Maintains
$36$42
HoldMaintains$36$42+13.98%Aug 10, 2026
Barclays
Barclays
Buy
Maintains
$40$41
BuyMaintains$40$41+11.26%Aug 10, 2026
UBS
UBS
Hold
Reiterates
$37$40
HoldReiterates$37$40+8.55%Aug 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.01B
from 906.98M
Increased by 11.82%
Revenue Next Year
1.11B
from 1.01B
Increased by 8.97%
EPS This Year
2.62
from 2.22
Increased by 17.84%
EPS Next Year
3.00
from 2.62
Increased by 14.86%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
951.37M1.66B698.42M798.04M906.98M1.01B
Revenue Growth
72.52%73.96%-57.80%14.26%13.65%11.82%
Gross Profit
658.01M657.72M636.61M737.45M841.51M936.40M
Gross Margin
69.16%39.74%91.15%92.41%92.78%92.33%
Operating Income
148.92M108.64M120.33M178.65M244.94M318.11M
Net Income
-154.00K193.79M31.10M20.97M155.90M185.70M
EPS
----2.222.62
EPS Growth
----29.07%17.84%
Forward PE
24.1019.3218.6719.3115.6214.09
Free Cash Flow
112.62M241.71M178.05M90.05M219.40M283.90M
No. Analysts
-----14
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High1.0B
Avg1.0B
Low1.0B

Revenue Growth

Revenue Growth202620272028
High
12.4%
Avg
11.8%
Low
11.2%

EPS Forecast

EPS202620272028
High2.70
Avg2.62
Low2.52

EPS Growth

EPS Growth202620272028
High
21.5%
Avg
17.8%
Low
13.5%