CarGurus (CARG) Stock Price, News & Analysis

Company Overview

CarGurus, Inc. operates an online automotive marketplace that connects consumers with automobile dealers and private sellers. Its platform enables shoppers to search for new and used vehicles, compare listings, evaluate pricing and vehicle details, and contact sellers. CarGurus generates revenue primarily by providing dealers with digital advertising and marketing products designed to help them display inventory and reach prospective buyers.

The company also provides tools and services intended to support automotive retailers throughout the vehicle-shopping process, including inventory merchandising, lead generation, pricing insights and digital retail capabilities. Through its broader automotive technology offerings and related brands, CarGurus seeks to help dealers manage online vehicle sales while giving consumers information for researching and purchasing cars.

CarGurus was founded in 2006 by Langley Steinert, who also helped found TripAdvisor. The company serves automotive markets including the United States, Canada and the United Kingdom. Jason Trevisan has served as CarGurus' chief executive officer, while Steinert has held a leadership role on the company's board.

Key Stats

• Today's Range: $31.29 to $33.70
• 50-Day Range: $31.94 to $38.99
• 52-Week Range: $26.39 to $41.22
• Volume: 2.23 million shs
• Average Volume: 907,882 shs
• Market Capitalization: $2.84 billion
• P/E Ratio: 17.36
• Dividend Yield: N/A
• Price Target: $40.75
• Consensus Rating: Moderate Buy

CarGurus Stock Analysis - MarketRank™

CarGurus scored higher than 89% of companies evaluated by MarketBeat, and ranked 37th out of 244 stocks in the communication services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

CarGurus has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 1 strong buy rating, 7 buy ratings, 7 hold ratings, and no sell ratings.

Upside Potential

CarGurus has a consensus price target of $40.75, representing about 27.6% upside from its current price of $31.94.

Amount of Analyst Coverage

CarGurus has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 21.20%

Earnings Growth

Earnings for CarGurus are expected to grow by 21.20% in the coming year, from $2.17 to $2.63 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CarGurus is 17.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 42.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of CarGurus is 17.36, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 210.52.

Price to Earnings Growth Ratio

CarGurus has a PEG Ratio of 1.18. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

CarGurus has a P/B Ratio of 8.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.76% of the float of CarGurus has been sold short.

Short Interest Ratio / Days to Cover

CarGurus has a short interest ratio ("days to cover") of 8.93.

Change versus previous month

Short interest in CarGurus has recently increased by 14.23%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

CarGurus does not currently pay a dividend.

Dividend Growth

CarGurus does not have a long track record of dividend growth.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.78

News Sentiment

CarGurus has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for CarGurus this week, compared to 5 articles on an average week.

MarketBeat Follows

Only 1 people have added CarGurus to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.1 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, CarGurus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,584,936.00 in company stock.

Percentage Held by Insiders

18.19% of the stock of CarGurus is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

86.90% of the stock of CarGurus is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/06/2026
• Today: 9/22/2026
• Next Earnings (Estimated): 11/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Communication Services
• Industry: Interactive Media & Services
• Sub-Industry: Interactive Media & Services
• Current Symbol: NASDAQ:CARG
• CIK: 1494259
• Web: www.cargurus.com
• Phone: (617) 354-0068
• Fax: N/A
• Employees: 1,218
• Year Founded: 2006

Price Target and Rating

• Average Price Target for CarGurus: $40.75
• High Price Target: $45.00
• Low Price Target: $33.50
• Potential Upside/Downside: +27.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 15 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.84
• Trailing P/E Ratio: 17.36
• Forward P/E Ratio: 14.72
• P/E Growth: 1.18
• Net Income: $155.90 million
• Net Margins: 18.06%
• Pretax Margin: 24.73%
• Return on Equity: 62.88%
• Return on Assets: 32.82%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.85
• Quick Ratio: 1.85

Sales & Book Value

• Annual Sales: $906.98 million
• Price / Sales: 3.14
• Cash Flow: $2.47 per share
• Price / Cash Flow: 12.95
• Book Value: $3.94 per share
• Price / Book: 8.11

Miscellaneous

• Outstanding Shares: 89,070,000
• Free Float: 72,871,000
• Market Cap: $2.84 billion
• Optionable: Optionable
• Beta: 1.16