CarGurus (CARG) Stock Price, News & Analysis

Company Overview

CarGurus is an online automotive marketplace that connects buyers and sellers of new and used vehicles through its website and mobile applications. Leveraging proprietary data analytics and user-friendly search tools, the company enables consumers to compare vehicle listings, evaluate pricing trends and read expert reviews. Its core platform aggregates inventory from both franchised and independent dealerships, as well as private sellers, providing a transparent marketplace experience that highlights fair market value and deal rankings.

The company’s main business activities include offering subscription-based advertising services to dealerships and other automotive retailers, along with lead generation and customer relationship management solutions. Through its dealer network, CarGurus provides tools for inventory management, pricing optimization and targeted marketing to help dealers attract qualified shoppers. The platform’s innovative Deal Ratings™ algorithm evaluates listings against market data, helping buyers identify competitively priced vehicles and giving sellers insights into pricing strategy.

Since its founding in 2006, CarGurus has expanded its footprint beyond the United States into Canada, the United Kingdom and Germany, tailoring its platform to local market conditions and vehicle preferences. The company continuously invests in enhancements such as advanced search filters, augmented reality vehicle previews and integration with vehicle history and financing partners. Its multilingual interface and localized content aim to simplify the car-buying process across diverse consumer segments.

Headquartered in Cambridge, Massachusetts, CarGurus was founded by entrepreneur Langley Steinert, who has guided the company’s strategic growth and technology-driven approach. Under Steinert’s leadership, CarGurus went public in 2017 and has since focused on product innovation, market expansion and partnerships with leading auto finance and insurance providers. The company’s senior management team brings together expertise in automotive retail, software development and data science to drive continued evolution of the online car marketplace.

Key Stats

• Today's Range: $33.82 to $34.81
• 50-Day Range: $27.90 to $34.79
• 52-Week Range: $21.65 to $41.33
• Volume: 776,503 shs
• Average Volume: 871,152 shs
• Market Capitalization: $3.63 billion
• P/E Ratio: 99.40
• Dividend Yield: N/A
• Price Target: $37.86
• Consensus Rating: Moderate Buy

CarGurus Stock Analysis - MarketRank™

CarGurus scored higher than 80% of companies evaluated by MarketBeat, and ranked 11th out of 88 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: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

CarGurus has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 6 hold ratings, and no sell ratings.

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: 1.9 / 5
• Proj. Earnings Growth: 43.97%

Earnings Growth

Earnings for CarGurus are expected to grow by 43.97% in the coming year, from $1.41 to $2.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CarGurus is 99.40, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.93.

Price to Earnings Ratio vs. Sector

The P/E ratio of CarGurus is 99.40, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 23.86.

Price to Earnings Growth Ratio

CarGurus has a PEG Ratio of 1.65. 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 6.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.31% 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 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CarGurus has recently decreased by 50.43%, indicating that investor sentiment is improving 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.

Sustainability and ESG

• Score: 0.8 / 5
• Environmental Score: -3.32

Percentage of Shares Shorted

4.31% 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 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CarGurus has recently decreased by 50.43%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.22

News Sentiment

CarGurus has a news sentiment score of 0.22. 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 lower news sentiment than the 0.56 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for CarGurus this week, compared to 9 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 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 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 $1,557,243.00 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.

CARG Stock Analysis - Frequently Asked Questions

How have CARG shares performed this year?

CarGurus' stock was trading at $36.54 at the beginning of the year. Since then, CARG stock has decreased by 4.8% and is now trading at $34.79.

How were CarGurus' earnings last quarter?

CarGurus, Inc. (NASDAQ:CARG) issued its earnings results on Thursday, May, 8th. The company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.42 by $0.04. The firm's quarterly revenue was up 4.3% on a year-over-year basis.
Read the conference call transcript.

When did CarGurus IPO?

CarGurus (CARG) raised $132 million in an initial public offering (IPO) on Thursday, October 12th 2017. The company issued 9,400,000 shares at a price of $13.00-$15.00 per share. Goldman Sachs, Allen & Company and RBC Capital Markets acted as the underwriters for the IPO and JMP Securities, Raymond James and William Blair were co-managers.

Who are CarGurus' major shareholders?

CarGurus' top institutional investors include Financiere des Professionnels Fonds d investissement inc. (0.01%). Insiders that own company stock include Jason Trevisan, Samuel Zales, Matthew Todd Quinn, Zachary Emerson Hallowell, Andrea Lee Eldridge, Dafna Sarnoff, Ismail Elshareef and Javier Esquivel Zamora.
View institutional ownership trends.

How do I buy shares of CarGurus?

Shares of CARG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of CarGurus own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CarGurus investors own include American Water Works (AWK), Waste Connections (WCN), AU Optronics (AUOTY), Humana (HUM), The RMR Group (RMR), DiamondRock Hospitality (DRH) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 5/08/2025
• Today: 7/09/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

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: 1,282
• Year Founded: N/A

Price Target and Rating

• Average Price Target for CarGurus: $37.86
• High Price Target: $42.00
• Low Price Target: $33.00
• Potential Upside/Downside: +8.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.35
• Trailing P/E Ratio: 99.40
• Forward P/E Ratio: 24.67
• P/E Growth: 1.65
• Net Income: $20.97 million
• Net Margins: 4.28%
• Pretax Margin: 4.82%
• Return on Equity: 32.54%
• Return on Assets: 20.08%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.67
• Quick Ratio: 2.66

Sales & Book Value

• Annual Sales: $894.38 million
• Price / Sales: 4.06
• Cash Flow: $3.16 per share
• Price / Cash Flow: 11.01
• Book Value: $5.21 per share
• Price / Book: 6.68

Miscellaneous

• Outstanding Shares: 104,420,000
• Free Float: 86,676,000
• Market Cap: $3.63 billion
• Optionable: Optionable
• Beta: 1.44