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CARG

CarGurus (CARG) Stock Forecast & Price Target

CarGurus (CARG) Analyst Ratings

Based on 11 analyst ratings
Buy
Strong Buy 27%
Buy 18%
Hold 55%
Sell 0%
Strong Sell 0%

Bulls say

CarGurus is well-positioned for success in the online automotive marketplace industry due to their strong financial performance, strategic use of remaining share authorization, and investments in AI capabilities. The company's recent earnings report has resulted in a buy rating and an increased target price, signaling positive analyst sentiment. Despite ongoing debates surrounding the use of AI in the industry, CarGurus has consistently outperformed expectations and has a solid balance sheet, making it a strong choice for investors.

Bears say

CarGurus is experiencing strong growth in its U.S. marketplace segment, driven by new product adoption including software PriceVantage and browser extension usage from over 8,000 paying dealers. However, their expansion into sustainable electric vehicle markets may face challenges due to lack of critical mass. The stock is currently trading at a high valuation of 7.5x FY27E marketplace EBITDA, with downside risks including changes in demand for car ownership and possible competition from other companies with similar pricing and negotiation tools.

CarGurus (CARG) has been analyzed by 11 analysts, with a consensus rating of Buy. 27% of analysts recommend a Strong Buy, 18% recommend Buy, 55% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of CarGurus and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About CarGurus (CARG) Forecast

Analysts have given CarGurus (CARG) a Buy based on their latest research and market trends.

According to 11 analysts, CarGurus (CARG) has a Buy consensus rating as of May 21, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $38.23, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $38.23, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

CarGurus (CARG)


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