CarGurus, Inc. (CARG)
NASDAQ: CARG · Real-Time Price · USD
33.03
+2.00 (6.45%)
At close: Jun 26, 2026, 4:00 PM EDT
33.50
+0.47 (1.42%)
After-hours: Jun 26, 2026, 6:25 PM EDT

CarGurus Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for CarGurus stock have an average target of 38.3, with a low estimate of 35 and a high estimate of 43. The average target predicts an increase of 15.96% from the current stock price of 33.03.

Analyst Consensus: Buy
Target Low Average Median High
Price $35 $38.3 $38 $43
Change +5.96% +15.96% +15.05% +30.18%

Analyst Ratings

The average analyst rating for CarGurus stock from 15 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 Jan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy 666656
Buy 222233
Hold 666666
Sell 000000
Strong Sell 000000
Total 141414141415

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Freedom Capital Markets
Freedom Capital Markets
Buy
Initiates
$40
Buy Initiates $40 +21.10% Jun 12, 2026
Barclays
Barclays
Buy
Initiates
$35
Buy Initiates $35 +5.96% May 28, 2026
Oppenheimer
Oppenheimer
Buy
Maintains
$38
Buy Maintains $38 +15.05% May 13, 2026
UBS
UBS
Hold
Maintains
$33$37
Hold Maintains $33$37 +12.02% May 8, 2026
J.P. Morgan
J.P. Morgan
Hold
Reiterates
$36$38
Hold Reiterates $36$38 +15.05% May 8, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.01B
from 906.98M
Increased by 11.89%
Revenue Next Year
1.11B
from 1.01B
Increased by 9.20%
EPS This Year
2.51
from 2.22
Increased by 13.16%
EPS Next Year
2.91
from 2.51
Increased by 15.99%
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
951.37M1.66B698.42M798.04M906.98M1.01B1.11B
Revenue Growth
72.52%73.96%-57.80%14.26%13.65%11.89%9.20%
EPS
-0.000.62-0.43-0.811.141.942.51
EPS Growth
-----69.72%29.18%
Forward PE
-----17.0213.18
No. Analysts -----1414
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 1.0B 1.1B
Avg 1.0B 1.1B
Low 1.0B 1.1B

Revenue Growth

Revenue Growth 202620272028
High
12.9%
11.5%
Avg
11.9%
9.2%
Low
11.3%
5.2%

EPS Forecast

EPS 202620272028
High 2.59 3.26
Avg 2.51 2.91
Low 2.36 2.71

EPS Growth

EPS Growth 202620272028
High
16.6%
29.8%
Avg
13.2%
16.0%
Low
6.3%
7.9%
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.