CARG icon

CarGurus

36.09 USD
-0.10
0.28%
At close Updated Sep 16, 10:18 AM EDT
1 day
-0.28%
5 days
0.87%
1 month
11.42%
3 months
14.86%
6 months
15.93%
Year to date
1.01%
1 year
24.49%
5 years
48.34%
10 years
30.86%
 

About: CarGurus Inc is a company that acts as an online automotive marketplace connecting buyers and sellers of new and used cars. The company provides three types of marketplace Listing products, Restricted Listings, and Enhanced or Featured Listings, through which it offers real-time and historical data analyzing the connections and pricing analysis. The listing platforms offer auto manufacturers and others to buy advertising on the company's site and target consumers based on the make, model, and zip code of the cars. The company operates through two segments, namely U.S. Marketplace and Digital Wholesale. It generates maximum revenue from the U.S. Marketplace segment. Geographically, the company derives its key revenue from the United States and the rest from international markets.

Employees: 1,282

0
Funds holding %
of 7,463 funds
0
Analysts bullish %
of 7 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

955% more call options, than puts

Call options by funds: $13.7M | Put options by funds: $1.3M

125% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 28

17% more repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 111

12% more capital invested

Capital invested by funds: $2.51B [Q1] → $2.8B (+$289M) [Q2]

11% more funds holding

Funds holding: 303 [Q1] → 335 (+32) [Q2]

2.46% more ownership

Funds ownership: 96.39% [Q1] → 98.85% (+2.46%) [Q2]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q1] → 5 (-1) [Q2]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$35
3% downside
Avg. target
$38
6% upside
High target
$44
22% upside

7 analyst ratings

positive
43%
neutral
57%
negative
0%
BTIG
Marvin Fong
$39
Buy
Reiterated
5 Sep 2025
Oppenheimer
Jed Kelly
$40
Outperform
Maintained
12 Aug 2025
UBS
Kunal Madhukar
$36
Neutral
Maintained
8 Aug 2025
Needham
Chris Pierce
$44
Buy
Maintained
8 Aug 2025
Gordon Haskett
Robert Mollins
$35
Hold
Initiated
14 Jul 2025

Financial journalist opinion

Based on 3 articles about CARG published over the past 30 days

Neutral
Seeking Alpha
7 days ago
CarGurus, Inc. (CARG) Presents At Goldman Sachs Communicopia + Technology Conference 2025 (Transcript)
CarGurus, Inc. (NASDAQ:CARG ) Goldman Sachs Communicopia + Technology Conference 2025 September 8, 2025 11:50 AM EDT Company Participants Jason Trevisan - CEO, CFO, Principal Accounting Officer & Director Presentation Unknown Analyst All right. Well, it's my pleasure to be joined on stage by Jason Trevisan, CEO of CarGurus.
CarGurus, Inc. (CARG) Presents At Goldman Sachs Communicopia + Technology Conference 2025 (Transcript)
Neutral
GlobeNewsWire
13 days ago
CarGurus to Present at the 2025 Goldman Sachs Communacopia + Technology Conference
BOSTON, Sept. 02, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to participate in a fireside chat at the 2025 Goldman Sachs Communacopia + Technology Conference on Monday, September 8, 2025, at 11:50 AM ET.
CarGurus to Present at the 2025 Goldman Sachs Communacopia + Technology Conference
Positive
MarketBeat
21 days ago
3 Cheap Stocks That Shouldn't Be This Low
All stocks in the market go through their own ebb and flow cycles; there are no exceptions. No investor can escape this behavior, but they can look for opportunities at either end of that pendulum, where most other participants may not be willing to step in, as emotions (like the pendulum swings) are probably at extremes.
3 Cheap Stocks That Shouldn't Be This Low
Positive
Seeking Alpha
1 month ago
CarGurus: Upgrade To Buy As The Equity Story Is Now A Lot Cleaner And Better
Upgrading CarGurus to a buy as Marketplace segment growth and dealer monetization exceeded expectations, driving strong revenue and margin expansion. A strategic exit from CarOffer removes a low-margin overhang, sharpening focus on the higher-margin Marketplace business and unlocking long-term value. Dealer acquisition and adoption of new tools are robust, embedding CarGurus deeper into dealer workflows and supporting sustainable double-digit growth.
CarGurus: Upgrade To Buy As The Equity Story Is Now A Lot Cleaner And Better
Positive
Seeking Alpha
1 month ago
CarGurus: Expanding Aggressively Overseas And Into New Car Inventory
CarGurus is undervalued at
CarGurus: Expanding Aggressively Overseas And Into New Car Inventory
Neutral
Seeking Alpha
1 month ago
CarGurus, Inc. (CARG) Q2 2025 Earnings Call Transcript
CarGurus, Inc. (NASDAQ:CARG ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Jason M. Trevisan - CEO, CFO, Principal Accounting Officer & Director Kirndeep Singh - VP & Head of Investor Relations Samuel Zales - COO & President Conference Call Participants Andrew M.
CarGurus, Inc. (CARG) Q2 2025 Earnings Call Transcript
Neutral
Zacks Investment Research
1 month ago
CarGurus (CARG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for CarGurus (CARG) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
CarGurus (CARG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Positive
Zacks Investment Research
1 month ago
CarGurus (CARG) Tops Q2 Earnings and Revenue Estimates
CarGurus (CARG) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.41 per share a year ago.
CarGurus (CARG) Tops Q2 Earnings and Revenue Estimates
Positive
The Motley Fool
1 month ago
CarGurus (CARG) Q2 EPS Jumps 46%
CarGurus (CARG) Q2 EPS Jumps 46%
CarGurus (CARG) Q2 EPS Jumps 46%
Neutral
GlobeNewsWire
1 month ago
CarGurus Announces Second Quarter 2025 Results & Shares Plans to Wind Down CarOffer Transactions Business
Sustained strong momentum in the Marketplace business, with revenue up 14% YoY Q2'25 Net Income of $22.3 million; Non-GAAP Adjusted EBITDA of $77.3 million, up 39% YoY Board approves additional $150 million share repurchase, increasing 2025 authorization to $350 million and extending it through July 2026 BOSTON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles*, today announced financial results for the second quarter ended June 30, 2025, and its plan to wind down the CarOffer transactions business.
CarGurus Announces Second Quarter 2025 Results & Shares Plans to Wind Down CarOffer Transactions Business
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