Cargurus (CARG)
NASDAQ:CARG
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CARG Stock Chart & Stats
$36.86
$0.09(0.24%)
At close: 4:00 PM EST
$36.86
$0.09(0.24%)
Day’s Range― - ―
52-Week Range$26.39 - $39.42
Previous CloseN/A
Volume136.05K
Average Volume (3M)1.62M
Market Cap
$2.71B
Enterprise Value$2.95B
Total Cash (Recent Filing)$72.05M
Total Debt (Recent Filing)$188.00M
Price to Earnings (P/E)19.6
Beta1.08
Next Earnings
Aug 06, 2026EPS Estimate
0.61Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.55
Shares Outstanding75,970,850
10 Day Avg. Volume1,375,854
30 Day Avg. Volume1,619,857
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)9.77
Price to Sales (P/S)3.89
P/FCF Ratio12.65
Enterprise Value/Market Cap1.09
Enterprise Value/Revenue3.08
Enterprise Value/Gross Profit3.43
Enterprise Value/Ebitda11.35
Forecast
1Y Price Target
$38.00Price Target Upside3.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)2.51
Revenue Forecast (FY)$1.02B
Bulls Say, Bears Say
Bulls Say
Strong Free Cash FlowConsistent, robust operating and free cash flow in 2025 and TTM gives the company durable financial flexibility to fund product development, marketing, AI investments, and shareholder returns without relying on external financing, supporting long-term strategic execution and resilience.
High Profitability And MarginsVery high gross margins and strong adjusted EBITDA performance reflect pricing power and operating leverage in the marketplace model; such structural margin strength supports sustained reinvestment and the ability to absorb margin pressure from strategic investments over a multi-quarter horizon.
Product Adoption And International GrowthRapid dealer uptake of new products (PriceVantage, Shopper Signals) and strong international revenue growth indicate expanding product-market fit and geographic diversification, reinforcing network effects that drive recurring dealer subscriptions and long-run lead monetization.
Bears Say
Rising Leverage / Weaker Equity CushionHigher leverage and a materially smaller equity base increase financial risk and make results more sensitive to downturns; a thinner equity cushion limits flexibility for large drawdowns, raises refinancing risk in stress, and amplifies volatility in return metrics.
Planned Margin Compression From InvestmentsDeliberate margin sacrifice to scale AI, product and go-to-market could depress near-to-intermediate profitability; execution risk exists if investments take longer to monetize, potentially delaying expected returns and pressuring cash conversion over several quarters.
Aggressive Buybacks Reduced Cash BuffersHeavy repurchases that materially cut reported cash reduce liquidity headroom and raise short-term funding vulnerability despite strong FCF; lower cash buffers constrain flexibility to absorb shocks or opportunistically invest if revenue or lead generation weakens.
CarGurus News
CARG FAQ
What was Cargurus’s price range in the past 12 months?
Cargurus lowest stock price was $26.39 and its highest was $39.42 in the past 12 months.
What is Cargurus’s market cap?
Cargurus’s market cap is $2.71B.
When is Cargurus’s upcoming earnings report date?
Cargurus’s upcoming earnings report date is Aug 06, 2026 which is in 42 days.
How were Cargurus’s earnings last quarter?
Cargurus released its earnings results on May 07, 2026. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.569 by $0.011.
Is Cargurus overvalued?
According to Wall Street analysts Cargurus’s price is currently Undervalued.
Does Cargurus pay dividends?
Cargurus does not currently pay dividends.
What is Cargurus’s EPS estimate?
Cargurus’s EPS estimate is 0.61.
How many shares outstanding does Cargurus have?
Cargurus has 75,970,850 shares outstanding.
What happened to Cargurus’s price movement after its last earnings report?
Cargurus reported an EPS of $0.58 in its last earnings report, beating expectations of $0.569. Following the earnings report the stock price went down -8.949%.
Which hedge fund is a major shareholder of Cargurus?
Currently, no hedge funds are holding shares in CARG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
CarGurus Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$38.00 (3.09% Upside)
$38.00 (3.09% Upside)
Blogger Sentiment
Bullish
CARG Sentiment 70%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 5.9%
Last 30 Days ▲ 5.9%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.42%
12-Months-Change
Fundamentals
Return on Equity
41.93%
Trailing 12-Months
Asset Growth
-24.60%
Trailing 12-Months
Company Description
Cargurus
CarGurus, Inc., established in Boston, Massachusetts, in 2005, manages a prominent online ecosystem for vehicle transactions, serving both buyers and sellers across the United States and internationally. The company's operations are divided into two main segments: the U.S. Marketplace and Digital Wholesale. Essentially, CarGurus offers an expansive digital automotive marketplace where individuals can search for new and pre-owned vehicle listings from numerous dealerships. Simultaneously, it empowers dealers by linking them with a vast, engaged consumer base and supplying them with practical, data-driven market intelligence. The platform provides an array of specialized features to simplify the car buying and selling journey. For instance, "Digital Deal" allows prospective buyers to begin their purchase directly from a vehicle's detailed listing, while "Finance in Advance" enables qualified consumers to secure pre-approved financing from partnering dealerships. For individuals looking to sell their vehicles, CarGurus offers "Sell My Car – Top Dealer Offers," where dealers present customized trade-in valuations, and "Sell My Car – Instant Max Cash Offer," which facilitates quick online sales of consumer vehicles to dealerships. Furthermore, CarGurus delivers various products to its dealership partners, including listing enhancements and analytical data tools. It also presents advertising avenues for automotive manufacturers and other businesses, focusing on strategies like brand reinforcement, category sponsorship, exclusive automobile segment positioning, and targeted consumer exposure. The company expands its reach through additional platforms such as Autolist, another online automotive marketplace accessible via mobile apps and its website, and PistonHeads, a comprehensive automotive hub featuring a marketplace, an auction platform, and editorial content for car enthusiasts. CarGurus, Inc. adopted its current name in June 2015, having previously operated as CarGurus LLC.
CARG Company Deck
CARG Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed solid top-line and profitability growth (15% revenue growth, 17% adjusted EBITDA growth) driven by strong product adoption, international outperformance, and early AI-driven productivity gains. Management is investing heavily in AI, product and go-to-market (driving higher operating expenses) and has returned significant capital via buybacks (lowering cash balances). Near-term margins are expected to compress ~1.5–2.5 percentage points due to these investments, and some Q1 upside included timing and tax-related items. On balance the company demonstrated strong operational momentum and product traction while acknowledging planned investment-driven margin pressure and cash impacts from buybacks.View all CARG earnings summariesCARG Stock 12 Month Forecast
Average Price Target
$38.00
▲(3.09% Upside)
Technical Analysis
Ownership Overview
5.11% Insiders
27.76% Mutual Funds
25.88% Other Institutional Investors
12.59% Public Companies and
Individual Investors