CarGurus Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for CarGurus stock have an average target of 38.29, with a low estimate of 33.5 and a high estimate of 45. The average target predicts an increase of 14.20% from the current stock price of 33.53.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$33.5	$38.29	$38	$45
Change	-0.09%	+14.20%	+13.33%	+34.21%

Analyst Ratings

The average analyst rating for CarGurus stock from 12 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	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	4	4	4	3	3	3
Buy	3	3	3	3	3	3
Hold	6	6	6	5	5	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	13	11	11	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jed Kelly Oppenheimer	Oppenheimer	Buy Maintains $40 → $38	Buy	Maintains	$40 → $38	+13.33%	Feb 24, 2026
Brad Erickson RBC Capital	RBC Capital	Buy Maintains $40 → $34	Buy	Maintains	$40 → $34	+1.40%	Feb 20, 2026
Tom White DA Davidson	DA Davidson	Hold Maintains $38 → $34	Hold	Maintains	$38 → $34	-0.09%	Feb 20, 2026
Marvin Fong BTIG	BTIG	Strong Buy Maintains $44 → $37	Strong Buy	Maintains	$44 → $37	+10.35%	Feb 20, 2026
Chris Pierce Needham	Needham	Strong Buy Maintains $44 → $37	Strong Buy	Maintains	$44 → $37	+10.35%	Feb 5, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.01B

from 906.98M

11.80%

from 906.98M

Revenue Next Year

1.09B

from 1.01B

7.89%

from 1.01B

EPS This Year

2.60

from 1.14

127.13%

from 1.14

EPS Next Year

3.12

from 2.60

20.02%

from 2.60

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	951.37M	1.66B	698.42M	798.04M	906.98M	1.01B	1.09B
Revenue Growth	72.52%	73.96%	-57.80%	14.26%	13.65%	11.80%	7.89%
EPS	-0.00	0.62	-0.43	-0.81	1.14	2.60	3.12
EPS Growth	-	-	-	-	-	127.13%	20.02%
Forward PE	-	-	-	-	-	12.91	10.76
No. Analysts	-	-	-	-	-	15	11

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	1.1B	1.2B
Avg	1.0B	1.1B
Low	961.4M	1.0B

Revenue Growth

Revenue Growth	2026	2027
High	16.8%	14.4%
Avg	11.8%	7.9%
Low	6.0%	0.1%

EPS Forecast

EPS	2026	2027
High	2.90	4.27
Avg	2.60	3.12
Low	2.16	2.63

EPS Growth

EPS Growth	2026	2027
High	153.8%	64.6%
Avg	127.1%	20.0%
Low	88.6%	1.1%

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.