CarGurusCARG
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
0.27% less ownership
Funds ownership: 95.98% [Q4 2024] → 95.71% (-0.27%) [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] → 302 (-17) [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 (-$592M) [Q1 2025]
22% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 59
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
RBC Capital Brad Erickson | 36%upside $42 | Outperform Reiterated | 12 May 2025 |
UBS Kunal Madhukar | 7%upside $33 | Neutral Maintained | 9 May 2025 |
Needham Chris Pierce | 27%upside $39 | Buy Maintained | 9 May 2025 |
JMP Securities Nicholas Jones | 23%upside $38 | Market Outperform Maintained | 9 Apr 2025 |
JP Morgan Rajat Gupta | 10%upside $34 | Neutral Downgraded | 27 Mar 2025 |
Financial journalist opinion
Based on 9 articles about CARG published over the past 30 days
