CarGurus (CARG)

• Market cap: $3.26B
• 1 day: 0.06%
• 5 days: -3.37%
• 1 month: -1.43%
• 3 months: 17.99%
• 6 months: -18.64%
• Year to date: -7.67%
• 1 year: 33.56%
• 5 years: 18.12%
• 10 years: 19.62%
• Sector: Consumer Discretionary
• Industry: Auto & Truck Dealerships

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

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

1% more call options, than puts

Call options by funds: $2.71M | Put options by funds: $2.68M

0.21% less ownership

Funds ownership: 95.98% [Q4 2024] → 95.77% (-0.21%) [Q1 2025]

2% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 110

5% less funds holding

Funds holding: 319 [Q4 2024] → 303 (-16) [Q1 2025]

14% less funds holding in top 10

Funds holding in top 10: 7 [Q4 2024] → 6 (-1) [Q1 2025]

19% less capital invested

Capital invested by funds: $3.09B [Q4 2024] → $2.49B (-$591M) [Q1 2025]

20% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 59

Research analyst outlook

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

• Low target: $33 0% upside
• Avg. target: $37 13% upside
• High target: $42 27% upside

6 analyst ratings

• positive: 2 33%
• neutral: 4 67%
• negative: 0 0%

Gordon Haskett Robert Mollins	6% upside $35	Hold Initiated	14 Jul 2025
Citigroup Ronald Josey	12% upside $37	Neutral Maintained	3 Jul 2025
JMP Securities Andrew Boone	15% upside $38	Market Perform Downgraded	2 Jul 2025
RBC Capital Brad Erickson	27% upside $42	Outperform Reiterated	12 May 2025
UBS Kunal Madhukar	0% upside $33	Neutral Maintained	9 May 2025