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CarGurus (CARG): analyst forecast and price target

$30.28 −0.07% close 16.10.26 · market cap $2.7B · Communicationservices · Internet Content & Information IWM 0.08%
Price targets and ratings of

Analyst consensus

Moderate Buy

7 Buy3 Hold0 Sell

Ratings of 10 analysts in the last 3 months

12-month forecast

$41.22+36.1% upside

Based on 10 price targets given in the last 3 months, the average target is $41.22, the highest $46.00, the lowest $35.00. The average is +36.1% from the last price of $30.28.

$30.00$40.00Jan 26AprJulOctJan 27AprJulOctHigh$46.00Average$41.22Low$35.00
Highest target $46.00 Average target $41.22 Lowest target $35.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Joseph Spak★★★★★★★★★★#12325 · hits 44% · avg −9.1% UBS $40.00 → $35.00−12.5% Hold +15.6% Reiterated 07.10.26on TipRanks 06:40 +0.4%next day +2.1% · 5 days +5.3%
John Babcock★★★★★★★★★★#1716 · hits 59% · avg +11.8% Barclays $41.00 → $38.00−7.3% Buy +25.5% Reiterated 06.10.26on TipRanks 04:50 −2.7%next day +0.4% · 5 days +2.2%
Ronald Josey★★★★★★★★★★#2299 · hits 53% · avg +4.8% Citi $32.00 → $39.00+21.9% Hold +28.8% Reiterated 14.08.26on TipRanks 05:35 −1.1%next day −4.0% · 5 days −0.2%
Jed Kelly★★★★★★★★★★#2301 · hits 50% · avg +5.2% Oppenheimer $38.00 → $44.00+15.8% Buy +45.3% Reiterated 12.08.26on TipRanks 07:50 +1.7%next day +2.2% · 5 days +0.9%
Tom White★★★★★★★★★★#11050 · hits 43% · avg −2.0% D.A. Davidson $36.00 → $42.00+16.7% Hold +38.7% Reiterated 10.08.26on TipRanks 08:30 −3.5%next day −3.4% · 5 days −4.8%
John Babcock★★★★★★★★★★#1716 · hits 59% · avg +11.8% Barclays $40.00 → $41.00+2.5% Buy +35.4% Reiterated 10.08.26on TipRanks 03:55 −3.5%next day −3.4% · 5 days −4.8%
Joseph Spak★★★★★★★★★★#12325 · hits 44% · avg −9.1% UBS $37.00 → $40.00+8.1% Hold +32.1% Assigned 07.08.26on TipRanks 09:10 +6.6%next day −3.5% · 5 days −4.4%
Naved Khan★★★★★★★★★★#292 · hits 61% · avg +17.6% B. Riley Securities $42.00 → $46.00+9.5% Buy +51.9% Reiterated 07.08.26on TipRanks 09:01 +6.6%next day −3.5% · 5 days −4.4%
Chris Pierce★★★★★★★★★★#11893 · hits 42% · avg −5.3% Needham $43.00 → $44.00+2.3% Buy +45.3% Reiterated 07.08.26on TipRanks 07:15 +6.6%next day −3.5% · 5 days −4.4%
Brad Erickson★★★★★★★★★★#2764 · hits 50% · avg +3.9% RBC Capital $35.00 → $42.00+20.0% Buy +38.7% Reiterated 07.08.26on TipRanks 07:06 +6.6%next day −3.5% · 5 days −4.4%
Marvin Fong★★★★★★★★★★#7340 · hits 41% · avg +0.3% BTIG $40.00 → $41.00+2.5% Buy +35.4% Reiterated 07.08.26on TipRanks 07:01 +6.6%next day −3.5% · 5 days −4.4%
Ralph Schackart★★★★★★★★★★#1244 · hits 58% · avg +11.4% William Blair — Buy — Reiterated 07.08.26on TipRanks Aug 6 22:45 +6.6%next day −3.5% · 5 days −4.4%
Dmitriy Pozdnyakov★★★★★★★★★★#7166 · hits 50% · avg +2.3% Freedom Capital Markets $40.00 Buy +32.1% Initiated 12.06.26on TipRanks 08:25 −2.4%next day +1.1% · 5 days +10.1%
Rajat Gupta CFA★★★★★★★★★★#2112 · hits 51% · avg +7.4% J.P. Morgan $36.00 → $38.00+5.6% Hold +25.5% Assigned 08.05.26on TipRanks 07:40 −9.8%next day −7.0% · 5 days −17.7%
John Colantuoni★★★★★★★★★★#2478 · hits 55% · avg +5.8% Jefferies $42.00 → $45.00+7.1% Buy +48.6% Reiterated 11.12.25on TipRanks 04:45 +0.8%next day +3.7% · 5 days +4.3%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering CarGurus

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Chris Pierce★★★★★★★★★★Needham · #11893
Hits 42%108 of 255 Average return −5.3%
1 year Jed Kelly★★★★★★★★★★Oppenheimer · #2301
Hits 50%239 of 475 Average return +5.2%
2 years Chris Pierce★★★★★★★★★★Needham · #11893
Hits 42%108 of 255 Average return −5.3%

Most profitable

3 months Marvin Fong★★★★★★★★★★BTIG · #7340
Hits 41%163 of 394 Average return +0.3%
1 year Jed Kelly★★★★★★★★★★Oppenheimer · #2301
Hits 50%239 of 475 Average return +5.2%
2 years Chris Pierce★★★★★★★★★★Needham · #11893
Hits 42%108 of 255 Average return −5.3%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $42.11 at a price of $31.16 (+35.1%); now: $41.22 at $30.28 (+36.1%).

$30.00$35.00$40.00Sep 15Oct 1Oct 15Top analysts$41.80Average target$41.22Price$30.28

PriceAverage targetTop analysts’ target

Recommendation trend

051015186Oct 2585Nov95Dec93Jan 26104Feb75Mar74Apr74May83Jun93Jul104Aug94Sep85Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy7891098
Hold433445
Sell000000

Earnings and sales forecast

Next report: 10.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $0.66 (from $0.63 to $0.70). Last quarter: $0.66.

Sales

Next quarter’s sales estimate — $256M (from $255M to $258M). Last quarter: $251M.

Best top-analyst consensus in the sector · Communicationservices

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About CarGurus
  • CEO: Jason Trevisan
  • Employees: 1,218
  • 1001 Boylston Street, Boston, MA, 02115, US
  • www.cargurus.com

CarGurus, Inc., established in Boston, Massachusetts, in 2005, manages a prominent online ecosystem for vehicle transactions, serving both buyers and sellers across the United States and internationally. The company's operations are divided into two main segments: the U.S. Marketplace and Digital Wholesale. Essentially, CarGurus offers an expansive digital automotive marketplace where individuals can search for new and pre-owned vehicle listings from numerous dealerships. Simultaneously, it empowers dealers by linking them with a vast, engaged consumer base and supplying them with practical, data-driven market intelligence. The platform provides an array of specialized features to simplify the car buying and selling journey. For instance, "Digital Deal" allows prospective buyers to begin their purchase directly from a vehicle's detailed listing, while "Finance in Advance" enables qualified consumers to secure pre-approved financing from partnering dealerships. For individuals looking to sell their vehicles, CarGurus offers "Sell My Car – Top Dealer Offers," where dealers present customized trade-in valuations, and "Sell My Car – Instant Max Cash Offer," which facilitates quick online sales of consumer vehicles to dealerships. Furthermore, CarGurus delivers various products to its dealership partners, including listing enhancements and analytical data tools. It also presents advertising avenues for automotive manufacturers and other businesses, focusing on strategies like brand reinforcement, category sponsorship, exclusive automobile segment positioning, and targeted consumer exposure. The company expands its reach through additional platforms such as Autolist, another online automotive marketplace accessible via mobile apps and its website, and PistonHeads, a comprehensive automotive hub featuring a marketplace, an auction platform, and editorial content for car enthusiasts. CarGurus, Inc. adopted its current name in June 2015, having previously operated as CarGuru

Data from the stock’s TipRanks forecast page, read 63 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗