Want to see CARG full AI Analyst Report?
CARG Stock Chart & Stats
$36.45
$1.59(4.76%)
At close: 4:00 PM EDT
$36.45
$1.59(4.76%)
Day’s Range― - ―
52-Week Range$26.39 - $41.22
Previous Close$34.96
Volume608.23K
Average Volume (3M)875.24K
Market Cap
$3.01B
Enterprise Value$3.17K
Total Cash (Recent Filing)$122.14M
Total Debt (Recent Filing)$185.14M
Price to Earnings (P/E)18.0
Beta1.08
Next Earnings
Nov 10, 2026EPS Estimate
0.67Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.87
Shares Outstanding75,309,870
10 Day Avg. Volume766,299
30 Day Avg. Volume875,238
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)9.77
Price to Sales (P/S)3.89
P/FCF Ratio12.65
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$41.90Price Target Upside14.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)2.62
Revenue Forecast (FY)$1.01B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationStrong operating cash flow and near-complete conversion of net income into free cash flow give CarGurus internal funding capacity. This supports product investment, capital returns, and balance-sheet resilience while reducing reliance on external financing over the next several quarters.
Improved ProfitabilityThe profitability rebound indicates that recent revenue recovery is translating into meaningful earnings rather than being bought through structurally weaker economics. Higher margins can support reinvestment in the marketplace and software platform while providing a buffer if growth moderates.
Expanding Multi-product PlatformThe rollout of AI-led consumer tools alongside dealer software and data intelligence broadens CarGurus beyond listings and advertising. A wider product set can deepen engagement, improve dealer value, and create additional monetization opportunities within its marketplace ecosystem.
Bears Say
Revenue VolatilityThe history of large revenue swings makes the recent growth rate less certain as a durable trend. Volatility can complicate planning, reduce confidence in recurring top-line expansion, and pressure operating leverage if dealer demand weakens during a softer automotive cycle.
Higher Leverage And Declining EquityIncreased leverage and a shrinking equity base reduce financial flexibility compared with CarGurus’ earlier position. If operating conditions soften, debt obligations could constrain investment, capital allocation, or the company’s ability to absorb weaker marketplace and dealer activity.
Lumpy Cash-flow HistoryAlthough current cash generation is excellent, the uneven historical pattern suggests that free cash flow may fluctuate with business conditions rather than grow smoothly. Such variability can make long-term budgeting and the timing of investments or shareholder returns less predictable.
CarGurus News
CARG FAQ
What was CarGurus Inc’s price range in the past 12 months?
CarGurus Inc lowest stock price was $26.39 and its highest was $41.22 in the past 12 months.
What is CarGurus Inc’s market cap?
CarGurus Inc’s market cap is $3.01B.
When is CarGurus Inc’s upcoming earnings report date?
CarGurus Inc’s upcoming earnings report date is Nov 10, 2026 which is in 64 days.
How were CarGurus Inc’s earnings last quarter?
CarGurus Inc released its earnings results on Aug 06, 2026. The company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.613 by $0.047.
Is CarGurus Inc overvalued?
According to Wall Street analysts CarGurus Inc’s price is currently Undervalued.
Does CarGurus Inc pay dividends?
CarGurus Inc does not currently pay dividends.
What is CarGurus Inc’s EPS estimate?
CarGurus Inc’s EPS estimate is 0.67.
How many shares outstanding does CarGurus Inc have?
CarGurus Inc has 75,309,870 shares outstanding.
What happened to CarGurus Inc’s price movement after its last earnings report?
CarGurus Inc reported an EPS of $0.66 in its last earnings report, beating expectations of $0.613. Following the earnings report the stock price went up 7.161%.
Which hedge fund is a major shareholder of CarGurus Inc?
Currently, no hedge funds are holding shares in CARG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
CarGurus Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$41.90 (14.95% Upside)
$41.90 (14.95% Upside)
Blogger Sentiment
Bullish
CARG Sentiment 80%
Sector Average 56%
Sector Average 56%
Hedge Fund Trend
Decreased
By 32.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $360.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 4.0%
Last 30 Days ▲ 4.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-6.74%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-23.55%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
CarGurus Inc
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 CarGurus LLC.
CARG Company Deck
CARG Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed solid top-line and profitability growth (15% revenue growth, 17% adjusted EBITDA growth) driven by strong product adoption, international outperformance, and early AI-driven productivity gains. Management is investing heavily in AI, product and go-to-market (driving higher operating expenses) and has returned significant capital via buybacks (lowering cash balances). Near-term margins are expected to compress ~1.5–2.5 percentage points due to these investments, and some Q1 upside included timing and tax-related items. On balance the company demonstrated strong operational momentum and product traction while acknowledging planned investment-driven margin pressure and cash impacts from buybacks.View all CARG earnings summariesCARG Stock 12 Month Forecast
Average Price Target
$41.90
▲(14.95% Upside)
Technical Analysis
Ownership Overview
5.01% Insiders
28.10% Mutual Funds
22.35% Other Institutional Investors
15.70% Public Companies and
Individual Investors