CarGurus, Inc. (CARG)

NASDAQ: CARG · Real-Time Price · USD
35.84
-0.02 (-0.06%)
At close: Dec 5, 2025, 4:00 PM EST
35.46
-0.38 (-1.06%)
After-hours: Dec 5, 2025, 7:17 PM EST
-0.06%
Market Cap 3.42B
Revenue (ttm) 926.43M
Net Income (ttm) 151.99M
Shares Out 95.45M
EPS (ttm) 1.46
PE Ratio 24.53
Forward PE 14.56
Dividend n/a
Ex-Dividend Date n/a
Volume 1,066,060
Open 35.70
Previous Close 35.86
Day's Range 35.18 - 36.57
52-Week Range 24.65 - 41.33
Beta 1.42
Analysts Buy
Price Target 39.60 (+10.49%)
Earnings Date Nov 6, 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 10 analysts, the average rating for CARG stock is "Buy." The 12-month stock price target is $39.6, which is an increase of 10.49% from the latest price.

Price Target
$39.6
(10.49% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CarGurus Study Reveals How AI and Omnichannel Shopping are Shaping the Car Buying and Selling Experience

Eighth Annual Consumer Insights Report finds shoppers are blending online convenience with in-person guidance, turning to AI and mobile tools to navigate the market confidently  BOSTON, Dec. 03, 2025 ...

2 days ago - GlobeNewsWire

CarGurus: A Solid Buy As Product Scope Expands

CarGurus delivered a strong Q3 beat and guidance raise, driving a post-earnings rally and presenting an attractive entry point for investors. CARG benefits from its dominant position as the top U.S. u...

24 days ago - Seeking Alpha

CarGurus, Inc. (CARG) Q3 2025 Earnings Call Transcript

CarGurus, Inc. ( CARG) Q3 2025 Earnings Call November 6, 2025 5:00 PM EST Company Participants Kirndeep Singh - VP & Head of Investor Relations Jason Trevisan - CEO, CFO, Principal Accounting Officer...

4 weeks ago - Seeking Alpha

CarGurus Pursues $4 Billion Dealer Software Market With AI-Powered Products

CarGurus is looking to double its total addressable market by adding artificial intelligence-powered products that go beyond its existing automotive shopping site. The company's growing range of AI-po...

4 weeks ago - PYMNTS

CarGurus Announces Third Quarter 2025 Results

Q3'25 Marketplace revenue grew 14% YoY to $232 million, above the midpoint of our guidance range GAAP Marketplace (U.S. Marketplace Segment and Other) operating income of $64.1 million; Non-GAAP Marke...

4 weeks ago - GlobeNewsWire

CarGurus To Report Third Quarter 2025 Financial Results

BOSTON, Oct. 20, 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 pre...

6 weeks ago - GlobeNewsWire

CarGurus Report Finds Strength in Automotive Demand as Shoppers Lean Toward Value and Premium Options

CarGurus Q3 2025 analysis shows a two-track market influencing growth, with budget-focused buyers opting for older used vehicles and affluent shoppers fueling new luxury demand BOSTON, Oct. 06, 2025 (...

2 months ago - GlobeNewsWire

Top 2 Tech & Telecom Stocks You May Want To Dump This Quarter

As of Sept. 25, 2025, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: BIDU
2 months ago - Benzinga

CarGurus, Inc. (CARG) Presents At Goldman Sachs Communicopia + Technology Conference 2025 (Transcript)

CarGurus, Inc. (NASDAQ:CARG) Goldman Sachs Communicopia + Technology Conference 2025 September 8, 2025 11:50 AM EDT Company Participants Jason Trevisan - CEO, CFO, Principal Accounting Officer & Dire...

3 months ago - Seeking Alpha

CarGurus to Present at the 2025 Goldman Sachs Communacopia + Technology Conference

BOSTON, Sept. 02, 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 Jason T...

3 months ago - GlobeNewsWire

CarGurus: Upgrade To Buy As The Equity Story Is Now A Lot Cleaner And Better

Upgrading CarGurus to a buy as Marketplace segment growth and dealer monetization exceeded expectations, driving strong revenue and margin expansion. A strategic exit from CarOffer removes a low-margi...

4 months ago - Seeking Alpha

CarGurus: Expanding Aggressively Overseas And Into New Car Inventory

CarGurus is undervalued at

4 months ago - Seeking Alpha

CarGurus, Inc. (CARG) Q2 2025 Earnings Call Transcript

CarGurus, Inc. (NASDAQ:CARG) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Jason M. Trevisan - CEO, CFO, Principal Accounting Officer & Director Kirndeep Singh - VP ...

4 months ago - Seeking Alpha

CarGurus (CARG) Q2 EPS Jumps 46%

CarGurus (CARG) Q2 EPS Jumps 46%

4 months ago - The Motley Fool

CarGurus Announces Second Quarter 2025 Results & Shares Plans to Wind Down CarOffer Transactions Business

Sustained strong momentum in the Marketplace business, with revenue up 14% YoY Q2'25 Net Income of $22.3 million; Non-GAAP Adjusted EBITDA of $77.3 million, up 39% YoY Board approves additional $150 m...

4 months ago - GlobeNewsWire

CarGurus Honors 2025 Top Dealer Award Winners

CarGurus unveils 2025 Top Dealer Awards, honoring North American and U.K. dealerships for excellence in customer service, pricing, and digital retail.

4 months ago - GlobeNewsWire

5 Undervalued Stocks to Buy Now

There are plenty of high-quality undervalued stocks to buy right now, you just need to know where to look. Here, we highlight five of our top picks.

Other symbols: CFGGTLSOPRAPRMB
4 months ago - Kiplinger

CarGurus To Report Second Quarter 2025 Financial Results

BOSTON, July 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 pre...

4 months ago - GlobeNewsWire

CarGurus Launches a Summer of Giveaways Alongside New ‘Big Deal' Video Series Celebrating Life's Biggest Moments

“The Big Deal Show” brings together fan-favorites in sports and entertainment to share their defining moments — and help CarGurus celebrate “big deals” with three car giveaway winners BOSTON, July 01,...

5 months ago - GlobeNewsWire

CarGurus Report Finds Consumer Demand for Affordability and Fuel Efficiency Shaping Today's Auto Market

Mid-year auto market analysis reveals how tariffs and ongoing demand for affordability have influenced vehicle supply, pricing, and demand so far this year BOSTON, June 17, 2025 (GLOBE NEWSWIRE) -- Ca...

6 months ago - GlobeNewsWire

CarGurus Adds AI-Powered Search Experience to Car Shopping Platform

CarGurus has added an artificial intelligence-powered search experience to its online platform for buying and selling new and used vehicles. [contact-form-7] This search experience allows consumers to...

6 months ago - PYMNTS

CarGurus Launches AI-Powered Car Shopping Experience

Intelligent search integration unlocks a more personalized and intuitive experience for drivers to discover their best deal with greater confidence BOSTON, June 09, 2025 (GLOBE NEWSWIRE) -- CarGurus (...

6 months ago - GlobeNewsWire

CarGurus to Present at William Blair's 45th Annual Growth Stock Conference

BOSTON, May 27, 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...

6 months ago - GlobeNewsWire

CarGurus: A Great Buy As Traffic Heats Up (Upgrade)

Shares of CarGurus leaped after reporting strong Q1 results that featured healthy traffic growth, sustaining its position as the #1 used car marketplace. CARG boasts 90% gross margins, strong dealer r...

7 months ago - Seeking Alpha

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.

7 months ago - CNBC Television