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NASDAQ:CARG

CarGurus (CARG) Stock Price, News & Analysis

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$30.02 +0.29 (+0.98%)
Closing price 10/2/2026 04:00 PM Eastern
Extended Trading
$30.01 -0.01 (-0.03%)
As of 10/2/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About CarGurus Stock (NASDAQ:CARG)

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Key Stats

Today's Range
$29.17
▼
$30.42
50-Day Range
$29.73
▼
$38.99
52-Week Range
$26.39
▼
$41.22
Volume
1.43 million shs
Average Volume
1.27 million shs
Market Capitalization
$2.67 billion
P/E Ratio
16.32
Dividend Yield
N/A
Price Target
$40.75
Consensus Rating
Moderate Buy

Company Overview

CarGurus, Inc. is a digital automotive marketplace that connects consumers with dealerships and private sellers offering new and used vehicles. Its platform enables shoppers to search vehicle listings, compare prices and features, review dealership information, and evaluate vehicle deals using data-driven tools. CarGurus generates revenue primarily by providing automotive dealers with listing, advertising, and other digital marketing services.

The company also offers products designed to help dealers attract shoppers, manage vehicle listings, and support the online and in-person vehicle-buying process. Through its marketplace and related dealer solutions, CarGurus aims to improve transparency and efficiency in automotive retail by giving consumers information about vehicle pricing, availability, and seller reputation.

CarGurus was founded in 2006 by Langley Steinert, who also founded TripAdvisor. The company is headquartered in Cambridge, Massachusetts, and serves automotive shoppers and dealers in the United States, Canada, the United Kingdom, and other international markets. Jason Trevisan has served as chief executive officer, while Steinert has held a leadership role as executive chair.

AI Generated. May Contain Errors.

CarGurus Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
85th Percentile Overall Score

CARG MarketRank™: 

CarGurus scored higher than 85% of companies evaluated by MarketBeat, and ranked 46th out of 237 stocks in the communication services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 35.7% upside from its current price of $30.02.

  • 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.

  • Read more about CarGurus' stock forecast and price target.
  • 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 16.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 42.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CarGurus is 16.32, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 210.81.

  • Price to Earnings Growth Ratio

    CarGurus has a PEG Ratio of 1.07. 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 7.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about CarGurus' valuation and earnings.
  • Percentage of Shares Shorted

    9.92% 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 8.04.
  • Change versus previous month

    Short interest in CarGurus has recently increased by 13.16%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    CarGurus does not currently pay a dividend.

  • Dividend Growth

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

  • News Sentiment

    CarGurus has a news sentiment score of 0.06. 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 0.43 average news sentiment score of Communication Services companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for CarGurus this week, compared to 6 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.
  • 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 $1,981,734.00 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.

  • Read more about CarGurus' insider trading history.
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CARG Stock News Headlines

CarGurus (NASDAQ:CARG) Stock Price Down 7% - Should You Sell?
CarGurus (NASDAQ:CARG) Stock Moved Down to "Hold" by Wall Street Zen
Trump’s issues shocking Executive Order on U.S. Dollar
Three days into his second term, President Trump signed Executive Order 14178 a move the press barely covered. Buried inside is what some call the legal groundwork for the biggest change to American money in over a century, with a key Treasury vote potentially as soon as January 18. Ian King, Chief Strategist at Strategic Fortunes, breaks down what the order could mean for the dollar and the financial system.tc pixel
See More Headlines

CARG Stock Analysis - Frequently Asked Questions

CarGurus' stock was trading at $38.35 at the beginning of the year. Since then, CARG stock has decreased by 21.7% and is now trading at $30.02.

CarGurus, Inc. (NASDAQ:CARG) announced its quarterly earnings results on Thursday, August, 6th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.05. The firm's quarterly revenue was up 7.2% on a year-over-year basis.
Read the conference call transcript
.

CarGurus (CARG) raised $132 million in an initial public offering on Thursday, October 12th 2017. The company issued 9,400,000 shares at $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.

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.

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

Company Calendar

Last Earnings
8/06/2026
Today
10/04/2026
Next Earnings (Estimated)
11/05/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Interactive Media & Services
Sub-Industry
Interactive Media & Services
Current Symbol
NASDAQ:CARG
CIK
1494259
Fax
N/A
Employees
1,218
Year Founded
2006

Price Target and Rating

High Price Target
$45.00
Low Price Target
$33.50
Potential Upside/Downside
+35.7%
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
16.32
Forward P/E Ratio
13.83
P/E Growth
1.07
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
2.95
Cash Flow
$2.56 per share
Price / Cash Flow
11.73
Book Value
$3.94 per share
Price / Book
7.62

Miscellaneous

Outstanding Shares
89,070,000
Free Float
72,871,000
Market Cap
$2.67 billion
Optionable
Optionable
Beta
1.22

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This page (NASDAQ:CARG) was last updated on 10/4/2026 by MarketBeat.com Staff.
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