CarGurus, Inc. (CARG)

NASDAQ: CARG · Real-Time Price · USD
32.67
+1.59 (5.12%)
May 12, 2025, 11:31 AM - Market open
5.12%
Market Cap 3.23B
Revenue (ttm) 903.75M
Net Income (ttm) 38.72M
Shares Out 98.85M
EPS (ttm) 0.36
PE Ratio 88.87
Forward PE 15.35
Dividend n/a
Ex-Dividend Date n/a
Volume 262,047
Open 32.53
Previous Close 31.08
Day's Range 31.66 - 32.99
52-Week Range 21.65 - 41.33
Beta 1.45
Analysts Buy
Price Target 36.95 (+13.1%)
Earnings Date May 8, 2025

About CARG

CarGurus, Inc. operates an online automotive platform for buying and selling vehicles in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale. The company provides an online automotive marketplace that allows customers to search for new and used car listings from its dealers; and connects dealers to a large audience of informed and engaged consumers while providing dealers with actionable data-based insights. It also offers Digital Deal which allows shoppers to start purchase from a VDP... [Read more]

IPO Date Oct 12, 2017
Employees 1,282
Stock Exchange NASDAQ
Ticker Symbol CARG
Full Company Profile

Financial Performance

In 2024, CarGurus's revenue was $894.38 million, a decrease of -2.17% compared to the previous year's $914.24 million. Earnings were $20.97 million, a decrease of -32.57%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CARG stock is "Buy." The 12-month stock price forecast is $36.95, which is an increase of 13.10% from the latest price.

Price Target
$36.95
(13.10% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CarGurus CEO on tariffs: Car prices will rise but we are insulated

Jason Trevisan, CarGurus CEO, joins 'The Exchange' to discuss the company's quarterly earnings results.

2 days ago - CNBC Television

CarGurus, Inc. (CARG) Q1 2025 Earnings Call Transcript

CarGurus, Inc. (NASDAQ:CARG) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Kirndeep Singh - Vice President, Investor Relations Jason Trevisan - Chief Executive Officer ...

3 days ago - Seeking Alpha

CarGurus Announces First Quarter 2025 Results

Marketplace revenue grew 13% YoY Q1'25 Net Income of $39.0 million; Non-GAAP Adjusted EBITDA of $66.3 million, up 32% YoY Repurchased $184.2 million worth of shares in Q1'25, representing 6% of our ou...

3 days ago - GlobeNewsWire

CarGurus to Present at the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference

BOSTON, May 06, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 most visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jaso...

5 days ago - GlobeNewsWire

CarGurus To Report First Quarter 2025 Financial Results

BOSTON, April 21, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a pr...

20 days ago - GlobeNewsWire

CarGurus Report Shows Automotive Affordability Continues to Drive the Market

With tariffs going into effect, report uncovers trends in new car supply, consumer demand, and pricing—plus opportunities where shoppers can still find savings BOSTON, April 02, 2025 (GLOBE NEWSWIRE) ...

5 weeks ago - GlobeNewsWire

Latest CarGurus Brand Campaign Celebrates Life's Big Deal Moments, Like Buying a Car

The “Big Deal” campaign pays tribute to the momentous experience of car shopping, along with the trusted digital tools from CarGurus that help consumers find the best deal on their big deal BOSTON, Fe...

2 months ago - GlobeNewsWire

CarGurus: Momentum Breaking On Revenue Deceleration, Wait For A Better Price

CarGurus' Q4 earnings missed revenue expectations, leading to a ~10% stock drop and signaling a potential correction to value-stock territory. Despite strong dealer additions and profitability improve...

2 months ago - Seeking Alpha

CarGurus: Rocky Recovery Ahead

CarGurus, Inc. is recovering from a rough patch due to the post pandemic market swing, with improving profitability metrics and strong marketplace growth. The platform offers the best ROI for independ...

2 months ago - Seeking Alpha

CarGurus, Inc. (CARG) Q4 2024 Earnings Call Transcript

CarGurus, Inc. (NASDAQ:CARG) Q4 2024 Earnings Conference Call February 20, 2025 5:00 PM ET Company Participants Kirndeep Singh - Vice President and Head of Investor Relations Jason Trevisan - Chief E...

2 months ago - Seeking Alpha

CarGurus Announces Fourth Quarter and Full Year 2024 Results

Q4'24 Marketplace revenue grew 15% YoY Q4'24 International revenue grew 26% YoY and OEM Advertising revenue grew double-digit YoY Q4'24 Consolidated GAAP Net Income of $45.9 million; Q4'24 Non-GAAP Co...

2 months ago - GlobeNewsWire

Latest CarGurus Brand Campaign Celebrates Life's Big Deal Moments, Like Buying or Selling a Car

CarGurus' new national campaign, “Big Deal”, recognizes the important role cars play in people's lives and the significance of making the right decision.

3 months ago - GlobeNewsWire

Dealer Additions Driving CarGurus Growth

CarGurus, Inc. (CARG) adding dealers at home and abroad, making shares rise.

3 months ago - FXEmpire

CarGurus to Present at 27th Annual Needham Growth Conference

BOSTON, Jan. 08, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Elisa Pa...

4 months ago - GlobeNewsWire

CarGurus Study Uncovers Shift in Car Shopper Sentiment as Prices and Selection Improve

Seventh annual survey finds consumer satisfaction and buying power on the rise as shoppers increasingly tap the power of online tools to research and guide their decisions BOSTON, Dec. 17, 2024 (GLOBE...

5 months ago - GlobeNewsWire

Four hidden gems in the stock market from a five-star fund manager

Investors might be well served by expanding beyond the S&P 500.

Other symbols: GMEDPGNYTXRH
5 months ago - CNBC Television

CarGurus Examines 2024 Auto Market Influences and Expectations for 2025 Following a Year Defined by Affordability

CarGurus today released its 2024 Recap & 2025 Outlook, spotlighting this year's biggest market influences, as well as expectations for the next year.

5 months ago - GlobeNewsWire

CarGurus: Solid Monetization Strategy, But Upside Is Limited

CARG's growth outlook is positive, driven by successful monetization of new products and increased dealer engagement, leading to mid-single-digit growth over the next two years. Recent earnings result...

6 months ago - Seeking Alpha

CarGurus to Present at RBC Capital Markets 2024 Global Technology, Internet, Media and Telecommunications Conference

BOSTON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Elisa Pa...

6 months ago - GlobeNewsWire

CarGurus, Inc. (CARG) Q3 2024 Earnings Call Transcript

CarGurus, Inc. (NASDAQ:CARG) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Kirndeep Singh - Vice President and Head of Investor Relations Jason Trevisan - Chief Ex...

6 months ago - Seeking Alpha

CarGurus Analysts Boost Their Forecasts Following Better-Than-Expected Earnings

CarGurus, Inc. CARG reported better-than-expected third-quarter financial results and issued FY24 guidance EPS guidance above estimates.

6 months ago - Benzinga

CarGurus shares rally after fourth-quarter forecast, but this hurdle lies ahead

Shares of CarGurus Inc. rallied after hours on Thursday, after the online car-buying platform offered a fourth-quarter forecast that was above expectations, as it tries to make deeper inroads with car...

6 months ago - Market Watch

CarGurus' Latest Digital Retail Solution Connects Canadian Dealers with Purchase-Ready Shoppers More Efficiently

CarGurus introduced a new digital retail solution that powers more seamless and efficient connections between Canadian dealers and purchase-ready shoppers

6 months ago - GlobeNewsWire

CarGurus To Report Third Quarter 2024 Financial Results

BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a pre...

7 months ago - GlobeNewsWire

CarGurus Celebrates Opening of New Global Headquarters in Boston

As the anchor tenant at 1001 Boylston St., CarGurus debuts state-of-the-art space designed to maximize connectivity, collaboration, and innovation BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- CarGurus , ...

7 months ago - GlobeNewsWire