CarGurus, Inc. (CARG)
NASDAQ: CARG · Real-Time Price · USD
32.96
+1.88 (6.05%)
At close: May 12, 2025, 4:00 PM
32.96
0.00 (0.00%)
After-hours: May 12, 2025, 4:00 PM EDT

CarGurus Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for CarGurus stock have an average target of 36.95, with a low estimate of 27 and a high estimate of 42. The average target predicts an increase of 12.11% from the current stock price of 32.96.

Analyst Consensus: Buy
Target Low Average Median High
Price $27 $36.95 $38 $42
Change -18.08% +12.11% +15.29% +27.43%

Analyst Ratings

The average analyst rating for CarGurus stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Dec '24Jan '25Feb '25Mar '25Apr '25May '25
Strong Buy 444444
Buy 444333
Hold 333344
Sell 000000
Strong Sell 000000
Total 111111101111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Reiterates
$42
Buy Reiterates $42 +27.43% May 12, 2025
UBS
UBS
Hold
Maintains
$29$33
Hold Maintains $29$33 +0.12% May 9, 2025
Needham
Needham
Strong Buy
Maintains
$45$39
Strong Buy Maintains $45$39 +18.33% May 9, 2025
UBS
UBS
Hold
Maintains
$36$29
Hold Maintains $36$29 -12.01% Apr 10, 2025
JMP Securities
JMP Securities
Buy
Maintains
$43$38
Buy Maintains $43$38 +15.29% Apr 9, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
962.81M
from 894.38M
Increased by 7.65%
Revenue Next Year
1.04B
from 962.81M
Increased by 8.02%
EPS This Year
1.94
from 0.20
Increased by 883.25%
EPS Next Year
2.24
from 1.94
Increased by 15.39%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
551.45M951.37M1.66B914.24M894.38M962.81M1.04B1.12B
Revenue Growth
-6.36%72.52%73.96%-44.76%-2.17%7.65%8.02%7.88%
EPS
0.68-0.000.620.190.201.942.242.73
EPS Growth
83.78%---68.65%2.19%883.25%15.39%21.91%
Forward PE
-----16.9914.7212.07
No. Analysts
-----14147
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 1.0B 1.1B 1.2B
Avg 962.8M 1.0B 1.1B
Low 895.5M 951.2M 1.0B

Revenue Growth

Revenue Growth 20252026202720282029
High
14.5%
18.4%
19.3%
Avg
7.7%
8.0%
7.9%
Low
0.1%
-1.2%
-3.6%

EPS Forecast

EPS 20252026202720282029
High 2.16 3.48 4.40
Avg 1.94 2.24 2.73
Low 1.70 1.84 2.00

EPS Growth

EPS Growth 20252026202720282029
High
996.0%
79.1%
96.5%
Avg
883.2%
15.4%
21.9%
Low
759.1%
-5.1%
-10.7%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.