CarGurus Holds Annual Stockholders Meeting on Key Proposals

CarGurus ( (CARG) ) has provided an announcement.

On June 4, 2025, CarGurus, Inc. held its annual stockholders meeting to vote on several key proposals. The stockholders elected Class II directors, ratified the appointment of Ernst & Young LLP as independent auditors, approved executive compensation for 2024, and decided to hold annual advisory votes on executive compensation. These decisions reflect the company’s ongoing commitment to governance and transparency, potentially impacting its operational strategies and stakeholder relations.

The most recent analyst rating on (CARG) stock is a Buy with a $42.00 price target. To see the full list of analyst forecasts on CarGurus stock, see the CARG Stock Forecast page.

Spark’s Take on CARG Stock

According to Spark, TipRanks’ AI Analyst, CARG is a Outperform.

CarGurus’ overall stock score is driven by its solid financial performance and positive earnings call highlights. Strong marketplace and international growth underpin the score, despite high valuation concerns and challenges in the wholesale segment.

To see Spark’s full report on CARG stock, click here.

More about CarGurus

CarGurus, Inc. operates in the automotive industry, primarily focusing on providing an online platform for buying and selling vehicles. The company offers services that connect buyers and sellers of new and used cars, enhancing the car shopping experience with data-driven insights and transparency.

Average Trading Volume: 1,178,183

Technical Sentiment Signal: Buy

Current Market Cap: $3.1B

See more insights into CARG stock on TipRanks’ Stock Analysis page.