CarGurus (CARG) Stock Price, News & Analysis

Company Overview

CarGurus, Inc. operates an online automotive marketplace designed to connect buyers and sellers of new and used vehicles. Through its proprietary search engine and data-driven pricing tools, the platform enables consumers to compare listings, assess fair market values and locate local dealers offering competitive deals. CarGurus also provides detailed vehicle history reports, dealer reviews and financing options to streamline the car-shopping process for both private parties and franchised dealerships.

The company’s core product offerings include Instant Market Value (IMV), which leverages pricing algorithms to help buyers identify over- or under-priced vehicles, as well as dealer subscription services that grant automotive retailers access to lead generation tools, targeted advertising and dynamic pricing insights. In addition, CarGurus offers mobile applications for iOS and Android, ensuring that users have on-the-go access to its full suite of search, comparison and research features. The platform’s interface is designed to simplify comparisons across make, model, mileage and seller type.

Founded in 2006 by technology entrepreneur Langley Steinert, CarGurus has expanded its operations beyond the United States into Canada, the United Kingdom and Germany. The company went public in October 2017, using the proceeds to accelerate product development and geographic expansion. Over time, CarGurus has grown its dealer network to include thousands of franchised and independent retailers, leveraging big-data analytics to enhance the efficiency and transparency of automotive transactions.

Leadership at CarGurus emphasizes a technology-first approach combined with consumer transparency. The company’s executive team draws on experience in software engineering, digital marketing and e-commerce to continually refine its search algorithms and user interface. With headquarters in Cambridge, Massachusetts, CarGurus maintains additional offices in strategic markets across North America and Europe, supporting ongoing innovation in online automotive retailing.

Key Stats

• Today's Range: $27.51 to $28.28
• 50-Day Range: $27.60 to $38.16
• 52-Week Range: $26.39 to $39.42
• Volume: 1.40 million shs
• Average Volume: 1.45 million shs
• Market Capitalization: $2.55 billion
• P/E Ratio: 18.58
• Dividend Yield: N/A
• Price Target: $38.23
• Consensus Rating: Hold

CarGurus Stock Analysis - MarketRank™

CarGurus scored higher than 96% of companies evaluated by MarketBeat, and ranked 8th out of 85 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

CarGurus has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on no strong buy ratings, 5 buy ratings, 8 hold ratings, and no sell ratings.

Upside Potential

CarGurus has a consensus price target of $38.23, representing about 35.4% upside from its current price of $28.24.

Amount of Analyst Coverage

CarGurus has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 40.76%

Earnings Growth

Earnings for CarGurus are expected to grow by 40.76% in the coming year, from $2.11 to $2.97 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CarGurus is 18.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.78.

Price to Earnings Ratio vs. Sector

The P/E ratio of CarGurus is 18.58, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 21.66.

Price to Earnings Growth Ratio

CarGurus has a PEG Ratio of 1.05. 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 10.74. 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

9.28% 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 8.81.

Change versus previous month

Short interest in CarGurus has recently increased by 13.79%, 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: 3.7 / 5
• News Sentiment: 0.90

News Sentiment

CarGurus has a news sentiment score of 0.90. 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 0.41 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for CarGurus this week, compared to 6 articles on an average week.

Search Interest

5 people have searched for CARG on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added CarGurus to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net $568,842.00 in company stock, which represents 0.0223% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, CarGurus insiders have bought 131.97% more of their company's stock than they have sold. Specifically, they have bought $999,895.00 in company stock and sold $431,053.00 in company stock.

Percentage Held by Insiders

16.99% 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: 5/07/2026
• Today: 5/25/2026
• Next Earnings (Estimated): 8/06/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: AUTO/TRUCK - REPL
• Sub-Industry: Business 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: $38.23
• High Price Target: $45.00
• Low Price Target: $33.50
• Potential Upside/Downside: +35.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.38
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.52
• Trailing P/E Ratio: 18.58
• Forward P/E Ratio: 13.38
• P/E Growth: 1.05
• Net Income: $155.90 million
• Net Margins: 15.57%
• Pretax Margin: 25.12%
• Return on Equity: 54.42%
• Return on Assets: 30.14%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.65
• Quick Ratio: 1.65

Sales & Book Value

• Annual Sales: $906.98 million
• Price / Sales: 2.81
• Cash Flow: $2.56 per share
• Price / Cash Flow: 11.03
• Book Value: $2.63 per share
• Price / Book: 10.74

Miscellaneous

• Outstanding Shares: 90,190,000
• Free Float: 74,864,000
• Market Cap: $2.55 billion
• Optionable: Optionable
• Beta: 1.28