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CARG

CarGurus, Inc.

CARG

NASDAQ·Consumer Cyclical·Auto - Dealerships·Mkt cap $3.4B

$35.98

+2.38%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$26.39 - $39.42

P/E

23.67

Fwd P/E

14.30

Beta

1.21

Div Yield

0.00%

Avg Vol

1.3M

Shares Out

98.8M

Mkt Cap

$3.4B

Price action

Price chart

Up 4.4% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Large, engaged consumer audience providing dealers with qualified buyer traffic
  • Proprietary data analytics and insights that help dealers optimize pricing and inventory
  • Integrated digital transaction tools reducing friction in the car buying process
  • Strong brand recognition and multi-platform presence across web and mobile applications
  • Network effects creating switching costs for both dealers and consumers

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

Increasing adoption of digital car buying and selling among consumers

Value

Attractively priced below E-commerce & Marketplaces peer average

Momentum

Strong

+5.4% over 3m

Quality

Excellent

Excellent business quality

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 6, 2026

Q2 26 RECAP

MAY 7, 2026

Reported EPS of $0.58 vs $0.56 consensus (+3.6% surprise). Revenue of $243.6M vs $243.1M expected (+0.2%). Beat on both top and bottom lines.

EPS beat +3.6%
Rev beat +0.2%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+3.6%

Next: May 6, 2026

Revenue trend · last 8Q

+2%

+4%

+7%

+3%

+5%

+8%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$218.7M

$231.4M

$228.5M

$225.2M

$234.0M

$238.7M

$241.1M

$243.6M

Margins · last 8Q

Gross

Operating

Profit

13.2%

Wall Street consensus

9 analysts · 56% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

5

56%

Hold

4

44%

Sell

0%

Median Price Target

$37.00

+2.8% vs $35.98

Low $35.00
Median $37.00
High $43.00

Latest: Citi · Jun 12, 2026

2 analysts covering

vs Industry

How CARG stacks vs Auto - Dealerships

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.