CarGurus (CARG) Stock Forecast & Price Target $29.00 -0.13 (-0.44%) As of 03:00 PM Eastern This is a fair market value price provided by Polygon.io. Learn more. Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsBuy This Stock CarGurus - Analysts' Recommendations and Stock Price Forecast (2025) How MarketBeat Calculates Price Target and Consensus Rating MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Consensus Rating Moderate BuyBased on 10 Analyst RatingsSell0Hold2Buy8 Based on 10 Wall Street analysts who have issued ratings for CarGurus in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 2 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for CARG. Consensus Price Target $38.7533.61% Upside According to the 10 analysts' twelve-month price targets for CarGurus, the average price target is $38.75. The highest price target for CARG is $46.00, while the lowest price target for CARG is $27.00. The average price target represents a forecasted upside of 33.61% from the current price of $29.00. Get the Latest News and Ratings for CARG and Related Stocks Enter your email address to receive the latest news and analysts' ratings for CarGurus and its competitors. Enter your email to sign up for newsletter Sign Up CARG Analyst Ratings Over TimeTypeCurrent Forecast4/1/24 to 4/1/251 Month Ago3/2/24 to 3/2/253 Months Ago1/2/24 to 1/1/251 Year Ago4/2/23 to 4/1/24Strong Buy1 Strong Buy rating(s)1 Strong Buy rating(s)1 Strong Buy rating(s)0 Strong Buy rating(s)Buy7 Buy rating(s)8 Buy rating(s)8 Buy rating(s)5 Buy rating(s)Hold2 Hold rating(s)2 Hold rating(s)2 Hold rating(s)3 Hold rating(s)Sell0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)Consensus Price Target$38.75$38.41$37.86$24.90Forecasted Upside33.61% Upside19.32% Upside3.62% Upside8.26% UpsideConsensus RatingModerate BuyModerate BuyModerate BuyModerate Buy Remove Ads CARG Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.Skip Chart & View Analyst Rating History CARG Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table CarGurus Stock vs. The CompetitionTypeCarGurusAuto/Tires/Trucks CompaniesS&P 500Consensus Rating Score 2.90 2.51 2.54Consensus RatingModerate BuyModerate BuyModerate BuyPredicted Upside33.02% Upside370.75% Upside19.04% UpsideNews Sentiment RatingPositive NewsSee Recent CARG NewsPositive NewsPositive News Remove Ads Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export to Excel DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails3/27/2025JPMorgan Chase & Co.3 of 5 starsRajat GuptaSubscribe to MarketBeat All Access for the recommendation accuracy ratingDowngradeOverweight ➝ Neutral$42.00 ➝ $34.00+8.52%2/24/2025Oppenheimer3 of 5 starsJed KellySubscribe to MarketBeat All Access for the recommendation accuracy ratingLower TargetOutperform ➝ Outperform$44.00 ➝ $42.00+40.48%2/21/2025Needham & Company LLC2 of 5 starsChris PierceSubscribe to MarketBeat All Access for the recommendation accuracy ratingReiterated RatingBuy ➝ Buy$45.00 ➝ $45.00+19.71%12/16/2024JMP SecuritiesSubscribe to MarketBeat All Access for the recommendation accuracy rating Reiterated RatingMarket Outperform ➝ Market Outperform$46.00 ➝ $46.00+22.11%11/11/2024CitigroupSubscribe to MarketBeat All Access for the recommendation accuracy ratingR. JoseySubscribe to MarketBeat All Access for the recommendation accuracy ratingUpgradeHold ➝ Strong-Buy11/11/2024Royal Bank of CanadaSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetOutperform ➝ Outperform$30.00 ➝ $42.00+16.89%11/11/2024B. RileySubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$30.00 ➝ $40.00+14.29%11/8/2024DA DavidsonSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetNeutral ➝ Neutral$26.50 ➝ $38.50+8.60%10/22/2024BTIG ResearchSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$30.00 ➝ $35.00+9.68%10/22/2024Jefferies Financial GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$35.00 ➝ $38.00+20.03% Get the Latest News and Ratings for CARG and Related StocksEnter your email address below to receive the latest news and analysts' ratings for CarGurus and its competitors with MarketBeat's FREE daily newsletter. 3/15/2024UBS GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetNeutral ➝ Neutral$26.00 ➝ $27.00+15.34%7/5/2023Piper SandlerSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost Target$12.00 ➝ $15.00-33.83%Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 03:00 PM ET. CARG Forecast - Frequently Asked Questions What is CarGurus' forecast for 2025? According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for CarGurus is $38.75, with a high forecast of $46.00 and a low forecast of $27.00. Should I buy or sell CarGurus stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CarGurus in the last year. There are currently 2 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CARG shares. Does CarGurus's stock price have much upside? According to analysts, CarGurus's stock has a predicted upside of 33.61% based on their 12-month stock forecasts. Has CarGurus been downgraded by Wall Street analysts recently? Over the previous 90 days, CarGurus's stock had 1 downgrade by analysts. What analysts cover CarGurus? CarGurus has been rated by research analysts at JPMorgan Chase & Co., Needham & Company LLC, and Oppenheimer in the past 90 days. Do Wall Street analysts like CarGurus more than its competitors? Analysts like CarGurus more than other "auto/tires/trucks" companies. The consensus rating score for CarGurus is 2.90 while the average consensus rating score for "auto/tires/trucks" companies is 2.51. Learn more on how CARG compares to other companies. Stock Forecasts and Research Tools Related Companies Rentokil Initial Stock Forecast FTAI Aviation Stock Forecast UL Solutions Stock Forecast Allegion Stock Forecast Maplebear Stock Forecast Stantec Stock Forecast Medpace Stock Forecast WPP Stock Forecast Bilibili Stock Forecast HealthEquity Stock Forecast Today's Ratings U.S. Ratings U.K. Ratings Canadian Ratings All Upgrades All Downgrades All Initiations All Price Target Changes Top-Rated Stocks Top Rated Stocks Top-Rated Dividend Stocks Top-Rated Small-Cap Stocks Top-Rated Tech Stocks Most-Upgraded Stocks Most-Downgraded Stocks Lowest-Rated Stocks More Ratings Tools Stock Ratings by Issuer Top-Rated Analysts Top-Rated Brokerages Stock Ratings Screener Free Ratings Newsletter This page (NASDAQ:CARG) was last updated on 4/1/2025 by MarketBeat.com Staff From Our PartnersA market crash is coming—here’s whenThe stock market cycle I've used to identify the most likely day of the next market crash is the exact same in...Chaikin Analytics | SponsoredRetirement Nightmare? It’s Already Happening.The market is on edge. Every day, another company slashes its dividend, leaving investors scrambling. Intel...Investors Alley | SponsoredNew “Trump” currency proposed in DCA former U.S. Presidential Advisor has come forward with a stern warning to investors: “Get out of tech, no...Paradigm Press | SponsoredTrump Allies Confirm Exec Order 14024 Triggers Dollar CollapseExecutive Order 14024 is paving the way for irreversible damage to the dollar's value—threatening your wealth,...Priority Gold | Sponsored10X Bigger than AI, quantum, EVs, crypto, and robotics combined?World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" Sam Altman, Bill Gates, and M...Stansberry Research | SponsoredIs Fort Knox Hiding Less Gold Than We Think? Find Out What That Means for YouWith gold prices recently soaring to record highs over $3,000 an ounce, and central banks rushing to accumulat...The Oxford Club | SponsoredTrump’s betrayal exposed Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to ...Porter & Company | SponsoredTermination: 18F (read immediately)Have you ever heard of the government's 18F program? It helped manage digital services across the governmen...Altimetry | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CarGurus, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share CarGurus With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
