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CarGurus (CARG) Stock Forecast, Price Target & Predictions

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CARG Stock Forecast

CarGurus (CARG) stock forecast, based on 24 Wall Street analysts, predicts a 12-month average price target of $41.17, with a high of $44.00 and a low of $35.00. This represents a 26.75% increase from the last price of $32.48.

$20 $25 $30 $35 $40 $45 High: $44 Avg: $41.17 Low: $35 Last Closed Price: $32.48

CARG Stock Rating

CarGurus stock's rating consensus is Buy, based on 24 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 16 Buy (66.67%), 7 Hold (29.17%), 1 Sell (4.17%), and 0 Strong Sell (0.00%).

Buy
Total 24 1 7 16 0 Strong Sell Sell Hold Buy Strong Buy

CARG Price Target Upside V Benchmarks

TypeNameUpside
StockCarGurus26.75%
SectorCommunication Services Stocks 20.92%
IndustryInternet Content & Information Stocks 23.87%

Price Target Trends

1M3M12M
# Anlaysts1618
Avg Price Target$44.00$42.00$39.61
Last Closing Price$32.48$32.48$32.48
Upside/Downside35.47%29.31%21.95%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Sep, 26366--15
Aug, 26366--15
Jul, 26366--15
Jun, 26356--14
May, 26266--14
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 12, 2026Jed KellyOppenheimer$44.00$36.1821.61%35.47%
Aug 10, 2026John BabcockBarclays$41.00$38.995.16%26.23%
Aug 07, 2026RBC Capital$42.00$39.217.12%29.31%
Aug 07, 2026Marvin FongBTIG$41.00$36.3812.70%26.23%
Aug 07, 2026Chris PierceNeedham$44.00$36.3820.95%35.47%
Jul 21, 2026Barclays$40.00$34.9914.32%23.15%
May 28, 2026UBS$35.00$28.9021.11%7.76%
May 08, 2026UBS$37.00$34.307.87%13.92%
May 08, 2026Needham$43.00$35.0422.72%32.39%
Feb 24, 2026UBS$38.00$27.9336.05%17.00%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Aug 14, 2026CitigroupNeutralNeutralhold
Aug 12, 2026OppenheimerOutperformOutperformhold
Aug 07, 2026UBSNeutralNeutralhold
Aug 07, 2026B. RileyBuyBuyhold
Aug 07, 2026RBC CapitalOutperformOutperformhold
Aug 07, 2026BTIGBuyBuyhold
Aug 07, 2026NeedhamBuyBuyhold
Jul 21, 2026BarclaysOverweightOverweighthold
Jun 12, 2026CitigroupNeutralBuyinitialise
Jun 12, 2026Piper SandlerSector WeightSector Weighthold

Financial Forecast

EPS Forecast

$0 $1 $2 $3 $4 $5 $6 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported-$1.64$0.19$0.20$1.58---
Avg Forecast$1.44$0.99$1.22$1.72$1.90$2.25$3.24$5.21
High Forecast$1.47$1.03$1.24$1.76$2.42$4.25$4.13$5.48
Low Forecast$1.39$0.93$1.21$1.67$1.68$1.16$2.35$4.82
Surprise %-65.66%-84.43%-88.37%-16.84%---

Revenue Forecast

$850M $1B $1B $1B $2B $2B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$951.37M$1.66B$914.24M$894.38M$906.98M---
Avg Forecast$891.98M$1.65B$911.13M$898.17M$983.77M$1.07B$1.23B$1.29B
High Forecast$907.67M$1.70B$913.91M$901.58M$1.01B$1.07B$1.28B$1.34B
Low Forecast$866.95M$1.58B$906.63M$894.86M$931.17M$1.07B$1.16B$1.21B
Surprise %6.66%0.34%0.34%-0.42%-7.81%---

Net Income Forecast

$0 $130M $260M $390M $520M $650M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$109.24M$193.78M$31.10M$20.97M$155.90M---
Avg Forecast$70.89M$51.04M$31.10M$195.80M$234.50M$173.77M$289.73M$594.92M
High Forecast$85.07M$65.25M$39.62M$201.06M$276.73M$485.07M$471.90M$625.30M
Low Forecast$56.71M$36.83M$22.59M$190.54M$192.27M$132.95M$268.05M$550.85M
Surprise %54.11%279.67%--89.29%-33.52%---

CARG Forecast FAQ

Is CarGurus stock a buy?

CarGurus stock has a consensus rating of Buy, based on 24 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 16 Buy, 7 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that CarGurus is a favorable investment for most analysts.

What is CarGurus's price target?

CarGurus's price target, set by 24 Wall Street analysts, averages $41.17 over the next 12 months. The price target range spans from $35 at the low end to $44 at the high end, suggesting a potential 26.75% change from the previous closing price of $32.48.

How does CarGurus stock forecast compare to its benchmarks?

CarGurus's stock forecast shows a 26.75% upside, outperforming the average forecast for the communication services stocks sector (20.92%) and outperforming the internet content & information stocks industry (23.87%).

What is the breakdown of analyst ratings for CarGurus over the past three months?

  • September 2026: 20.00% Strong Buy, 40.00% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.
  • August 2026: 20.00% Strong Buy, 40.00% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.
  • July 2026: 20.00% Strong Buy, 40.00% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.

What is CarGurus’s EPS forecast?

CarGurus's average annual EPS forecast for its fiscal year ending in December 2026 is $2.25, marking a 42.41% increase from the reported $1.58 in 2025. Estimates for the following years are $3.24 in 2027, and $5.21 in 2028.

What is CarGurus’s revenue forecast?

CarGurus's average annual revenue forecast for its fiscal year ending in December 2026 is $1.07B, reflecting a 18.18% increase from the reported $906.98M in 2025. The forecast for 2027 is $1.23B, and $1.29B for 2028.

What is CarGurus’s net income forecast?

CarGurus's net income forecast for the fiscal year ending in December 2026 stands at $173.77M, representing an 11.46% increase from the reported $155.9M in 2025. Projections indicate $289.73M in 2027, and $594.92M in 2028.