CarGurus (CARG) Stock Price, News & Analysis

Company Overview

CarGurus, Inc. operates an online automotive marketplace designed to connect buyers and sellers of new and used vehicles. Through its proprietary search engine and data-driven pricing tools, the platform enables consumers to compare listings, assess fair market values and locate local dealers offering competitive deals. CarGurus also provides detailed vehicle history reports, dealer reviews and financing options to streamline the car-shopping process for both private parties and franchised dealerships.

The company’s core product offerings include Instant Market Value (IMV), which leverages pricing algorithms to help buyers identify over- or under-priced vehicles, as well as dealer subscription services that grant automotive retailers access to lead generation tools, targeted advertising and dynamic pricing insights. In addition, CarGurus offers mobile applications for iOS and Android, ensuring that users have on-the-go access to its full suite of search, comparison and research features. The platform’s interface is designed to simplify comparisons across make, model, mileage and seller type.

Founded in 2006 by technology entrepreneur Langley Steinert, CarGurus has expanded its operations beyond the United States into Canada, the United Kingdom and Germany. The company went public in October 2017, using the proceeds to accelerate product development and geographic expansion. Over time, CarGurus has grown its dealer network to include thousands of franchised and independent retailers, leveraging big-data analytics to enhance the efficiency and transparency of automotive transactions.

Leadership at CarGurus emphasizes a technology-first approach combined with consumer transparency. The company’s executive team draws on experience in software engineering, digital marketing and e-commerce to continually refine its search algorithms and user interface. With headquarters in Cambridge, Massachusetts, CarGurus maintains additional offices in strategic markets across North America and Europe, supporting ongoing innovation in online automotive retailing.

Key Stats

• Today's Range: $33.92 to $34.81
• 50-Day Range: $29.11 to $34.79
• 52-Week Range: $24.65 to $41.33
• Volume: 1.02 million shs
• Average Volume: 1.06 million shs
• Market Capitalization: $3.45 billion
• P/E Ratio: 28.28
• Dividend Yield: N/A
• Price Target: $38.13
• Consensus Rating: Hold

CarGurus Stock Analysis - MarketRank™

CarGurus scored higher than 81% of companies evaluated by MarketBeat, and ranked 5th out of 85 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

CarGurus has received a consensus rating of Hold. The company's average rating score is 2.46, and is based on 6 buy ratings, 7 hold ratings, and no sell ratings.

Amount of Analyst Coverage

CarGurus has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 43.97%

Earnings Growth

Earnings for CarGurus are expected to grow by 43.97% in the coming year, from $1.41 to $2.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CarGurus is 28.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 269.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of CarGurus is 28.30, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 16.33.

Price to Earnings Growth Ratio

CarGurus has a PEG Ratio of 1.64. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

CarGurus has a P/B Ratio of 6.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.34% of the float of CarGurus has been sold short.

Short Interest Ratio / Days to Cover

CarGurus has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CarGurus has recently increased by 17.06%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

CarGurus does not currently pay a dividend.

Dividend Growth

CarGurus does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 0.8 / 5
• Environmental Score: -3.32

Percentage of Shares Shorted

4.34% of the float of CarGurus has been sold short.

Short Interest Ratio / Days to Cover

CarGurus has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CarGurus has recently increased by 17.06%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.41

News Sentiment

CarGurus has a news sentiment score of 1.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.00 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for CarGurus this week, compared to 9 articles on an average week.

MarketBeat Follows

3 people have added CarGurus to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, CarGurus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,616,397.00 in company stock.

Percentage Held by Insiders

17.20% of the stock of CarGurus is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

86.90% of the stock of CarGurus is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CARG Stock Analysis - Frequently Asked Questions

How have CARG shares performed this year?

CarGurus' stock was trading at $36.54 at the beginning of the year. Since then, CARG stock has decreased by 4.7% and is now trading at $34.8050.

How were CarGurus' earnings last quarter?

CarGurus, Inc. (NASDAQ:CARG) released its earnings results on Thursday, August, 7th. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.54 by $0.03. The company's revenue for the quarter was up 7.0% compared to the same quarter last year.
Read the conference call transcript.

When did CarGurus IPO?

CarGurus (CARG) raised $132 million in an initial public offering (IPO) on Thursday, October 12th 2017. The company issued 9,400,000 shares at a price of $13.00-$15.00 per share. Goldman Sachs, Allen & Company and RBC Capital Markets served as the underwriters for the IPO and JMP Securities, Raymond James and William Blair were co-managers.

Who are CarGurus' major shareholders?

Top institutional shareholders of CarGurus include State Street Corp (3.05%), Geode Capital Management LLC (1.98%), The Manufacturers Life Insurance Company (1.83%) and Invesco Ltd. (1.64%). Insiders that own company stock include Jason Trevisan, Samuel Zales, Matthew Todd Quinn, Andrea Lee Eldridge, Zachary Emerson Hallowell, Dafna Sarnoff, Ismail Elshareef, Javier Esquivel Zamora and Javier Zamora.
View institutional ownership trends.

How do I buy shares of CarGurus?

Shares of CARG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of CarGurus own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CarGurus investors own include American Water Works (AWK), Waste Connections (WCN), AU Optronics (AUOTY), Humana (HUM), The RMR Group (RMR), DiamondRock Hospitality (DRH) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 8/07/2025
• Today: 9/02/2025
• Next Earnings (Estimated): 11/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: AUTO/TRUCK - REPL
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:CARG
• CIK: 1494259
• Web: www.cargurus.com
• Phone: (617) 354-0068
• Fax: N/A
• Employees: 1,282
• Year Founded: N/A

Price Target and Rating

• Average Price Target for CarGurus: $38.13
• High Price Target: $44.00
• Low Price Target: $34.00
• Potential Upside/Downside: +10.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.46
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.23
• Trailing P/E Ratio: 28.13
• Forward P/E Ratio: 24.54
• P/E Growth: 1.64
• Net Income: $20.97 million
• Net Margins: 14.12%
• Pretax Margin: 17.56%
• Return on Equity: 36.23%
• Return on Assets: 22.36%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.18
• Quick Ratio: 3.17

Sales & Book Value

• Annual Sales: $894.38 million
• Price / Sales: 3.84
• Cash Flow: $3.06 per share
• Price / Cash Flow: 11.31
• Book Value: $5.21 per share
• Price / Book: 6.64

Miscellaneous

• Outstanding Shares: 99,260,000
• Free Float: 82,187,000
• Market Cap: $3.43 billion
• Optionable: Optionable
• Beta: 1.54