CarGurus (NASDAQ:CARG) Issues Q3 2025 Earnings Guidance

Key Points

• CarGurus has updated its Q3 2025 earnings guidance, projecting an earnings per share range of 0.500 to 0.580, slightly above the consensus estimate of 0.546.
• Shares of CarGurus traded down by 1.3% to reach $31.41, with a total of 1,954,510 shares exchanged compared to an average volume of 812,560.
• Recent analyst ratings reflect a mixed sentiment, with a consensus rating of "Hold" and an average price target of $37.63, as several firms recently adjusted their targets for the stock.

CarGurus (NASDAQ:CARG - Get Free Report) updated its third quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.500-0.580 for the period, compared to the consensus estimate of 0.546. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Royal Bank Of Canada reissued an "outperform" rating and set a $42.00 target price on shares of CarGurus in a research note on Monday, May 12th. Needham & Company LLC increased their price target on CarGurus from $39.00 to $44.00 and gave the stock a "buy" rating in a research note on Friday. UBS Group set a $36.00 price objective on CarGurus and gave the company a "neutral" rating in a research report on Friday. JMP Securities reiterated a "market perform" rating and issued a $38.00 price target on shares of CarGurus in a research note on Wednesday, July 2nd. Finally, Gordon Haskett assumed coverage on CarGurus in a report on Monday, July 14th. They set a "hold" rating and a $35.00 target price on the stock. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $38.29.

CarGurus Price Performance

CARG stock traded up $0.01 during trading on Monday, reaching $29.12. 149,147 shares of the company were exchanged, compared to its average volume of 1,036,355. The company has a 50-day moving average of $32.73 and a two-hundred day moving average of $32.13. CarGurus has a twelve month low of $24.65 and a twelve month high of $41.33. The company has a market capitalization of $3.04 billion, a price-to-earnings ratio of 23.75, a P/E/G ratio of 1.43 and a beta of 1.42.

CarGurus (NASDAQ:CARG - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.03. CarGurus had a net margin of 14.12% and a return on equity of 36.23%. The company had revenue of $234.03 million for the quarter, compared to analyst estimates of $232.29 million. During the same quarter in the previous year, the firm posted $0.41 earnings per share. The company's quarterly revenue was up 7.0% compared to the same quarter last year. On average, analysts forecast that CarGurus will post 1.41 EPS for the current year.

Insiders Place Their Bets

In other CarGurus news, General Counsel Javier Esquivel Zamora sold 12,265 shares of CarGurus stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of $31.37, for a total transaction of $384,753.05. Following the transaction, the general counsel owned 102,723 shares of the company's stock, valued at $3,222,420.51. The trade was a 10.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Samuel Zales sold 10,000 shares of the business's stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $33.88, for a total transaction of $338,800.00. Following the completion of the transaction, the chief operating officer directly owned 461,821 shares in the company, valued at $15,646,495.48. This trade represents a 2.12% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 49,049 shares of company stock worth $1,616,397. Company insiders own 17.20% of the company's stock.

Institutional Investors Weigh In On CarGurus

Several large investors have recently bought and sold shares of the business. Jane Street Group LLC boosted its stake in shares of CarGurus by 113.0% during the first quarter. Jane Street Group LLC now owns 123,305 shares of the company's stock valued at $3,592,000 after purchasing an additional 65,420 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in CarGurus by 3.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 64,845 shares of the company's stock worth $1,889,000 after buying an additional 1,890 shares during the period. AQR Capital Management LLC increased its holdings in CarGurus by 25.4% in the 1st quarter. AQR Capital Management LLC now owns 25,946 shares of the company's stock worth $756,000 after buying an additional 5,259 shares during the period. Finally, Royal Bank of Canada boosted its position in CarGurus by 22.6% in the 1st quarter. Royal Bank of Canada now owns 75,072 shares of the company's stock worth $2,186,000 after purchasing an additional 13,834 shares in the last quarter. Institutional investors own 86.90% of the company's stock.

CarGurus Company Profile

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 where customers can search for new and used car listings from its dealers and sell their car to dealers and other consumers; and paid listings subscriptions for enhanced access to its marketplace that connects dealers to a large audience of informed and engaged consumers.