CarGurus, Inc. (CARG) Stock Forecast
Data as of Oct 31, 2026Communication Services · Current price $32.22 (-0.92%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Feb 20, 2026 | Brad Erickson | RBC Capital | $34.00 | +5.5% |
| Feb 20, 2026 | Marvin Fong | BTIG | $37.00 | +14.8% |
| Nov 17, 2025 | Tom White | D.A. Davidson | $37.50 | +16.4% |
| Aug 8, 2025 | Q3 Marketplace | UBS | $36.00 | +11.7% |
| Nov 11, 2024 | Naved Khan | B.Riley Financial | $40.00 | +24.1% |
| Oct 22, 2024 | Marvin Fong | BTIG | $35.00 | +8.6% |
| Aug 9, 2024 | Jed Kelly | Oppenheimer | $32.00 | -0.7% |
| Aug 9, 2024 | Chris Pierce | Needham | $27.00 | -16.2% |
| Aug 9, 2024 | Tom White | D.A. Davidson | $26.50 | -17.8% |
| Aug 9, 2024 | Brad Erickson | RBC Capital | $30.00 | -6.9% |
| Jun 6, 2024 | Nicholas Jones | JMP Securities | $30.00 | -6.9% |
| May 10, 2024 | Brad Erickson | RBC Capital | $27.00 | -16.2% |
| May 10, 2024 | Chris Pierce | Needham | $25.00 | -22.4% |
| May 12, 2023 | Jed Kelly | Oppenheimer | $24.00 | -25.5% |
| Jan 5, 2023 | Chris Pierce | Needham | $16.00 | -50.3% |
| Feb 27, 2022 | Chris Pierce | Needham | $52.00 | +61.4% |
| May 21, 2021 | Jed Kelly | Oppenheimer | $38.00 | +17.9% |
Top Analysts Covering CARG
CARG vs Sector & Market
| Metric | CARG | Communication Services Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.36 | 2.49 | 2.41 |
| Analyst Count | 14 | 9 | 19 |
| Target Upside | +26.2% | +593.7% | +21.5% |
| P/E Ratio | 21.20 | 11.09 | 38.49 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $999M | $1.01B | $1.02B | 10 |
| 2027-03-31 | $262M | $265M | $267M | 4 |
| 2027-06-30 | $268M | $271M | $274M | 4 |
| 2027-09-30 | $274M | $278M | $280M | 5 |
| 2027-12-31 | $280M | $283M | $286M | 4 |
| 2028-03-31 | $267M | $270M | $273M | 3 |
| 2028-06-30 | $273M | $276M | $279M | 3 |
| 2028-09-30 | $276M | $280M | $282M | 5 |
| 2028-12-31 | $281M | $285M | $287M | 3 |
| 2029-12-31 | $1.26B | $1.27B | $1.29B | 3 |
| 2030-12-31 | $1.34B | $1.36B | $1.37B | 6 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $2.26 | $2.52 | $2.72 | 8 |
| 2027-03-31 | $0.65 | $0.66 | $0.67 | 3 |
| 2027-06-30 | $0.68 | $0.69 | $0.70 | 5 |
| 2027-09-30 | $0.71 | $0.72 | $0.73 | 3 |
| 2027-12-31 | $0.79 | $0.80 | $0.81 | 6 |
| 2028-03-31 | $0.69 | $0.70 | $0.71 | 4 |
| 2028-06-30 | $0.75 | $0.76 | $0.77 | 6 |
| 2028-09-30 | $0.77 | $0.79 | $0.79 | 4 |
| 2028-12-31 | $0.83 | $0.84 | $0.85 | 7 |
| 2029-12-31 | $4.55 | $4.64 | $4.71 | 1 |
| 2030-12-31 | $5.08 | $5.17 | $5.25 | 1 |
Frequently Asked Questions
What is the analyst consensus for CARG?
The consensus among 14 analysts covering CarGurus, Inc. (CARG) is Buy with an average price target of $41.17.
What is the highest price target for CARG?
The highest price target for CARG is $52.00, set by Chris Pierce at Needham on 2022-02-27.
What is the lowest price target for CARG?
The lowest price target for CARG is $16.00, set by Chris Pierce at Needham on 2023-01-05.
How many analysts cover CARG?
14 analysts have issued ratings for CarGurus, Inc. in the past 12 months.
Is CARG a buy or sell right now?
Based on 14 analyst ratings, CARG has a consensus rating of Buy (2.36/5) with a +26.2% upside to the consensus target of $41.17.
What are the earnings estimates for CARG?
Analysts estimate CARG will report EPS of $2.52 for the period ending 2026-12-31, with revenue estimated at $1.01B.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.