CARGURUS INC (CARG) Forecast, Price Target & Analyst Ratings

NASDAQ:CARG • US1417881091

Current stock price

37.31 USD
-0.17 (-0.45%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CARGURUS INC (CARG).

Forecast Snapshot

Consensus Price Target

Price Target
$36.49
-2.20% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
$0.58
Revenue Estimate
248.09M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
79.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$36.49
Upside
-2.20%
From current price of $37.31 to mean target of $36.49, Based on 20 analyst forecasts
Low
$32.32
Median
$34.68
High
$44.10

Price Target Revisions

1 Month
-1.99%
3 Months
-11.76%

Price Target Summary

20 Wall Street analysts provided a forecast for the next 12 months for CARG. The average price target is 36.49 USD. This implies a price decrease of -2.2% is expected in the next year compared to the current price of 37.31.
The average price target has been revised downward by 11.76% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

CARG Current Analyst RatingCARG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

CARG Historical Analyst RatingsCARG Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15

Analyst Ratings Consensus

ChartMill Buy Consensus
79.00%
CARG was analyzed by 20 analysts. The buy percentage consensus is at 79. So analysts seem to be have mildly positive about CARG.
In the previous month the buy percentage consensus was at a similar level.
CARG was analyzed by 20 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-02-24OppenheimerMaintains Outperform -> Outperform
2026-02-20DA DavidsonMaintains Neutral -> Neutral
2026-02-20BTIGMaintains Buy -> Buy
2026-02-20RBC CapitalMaintains Outperform -> Outperform
2026-02-05NeedhamMaintains Buy -> Buy
2025-12-30BTIGMaintains Buy -> Buy
2025-12-11JefferiesMaintains Buy -> Buy
2025-10-28CitigroupMaintains Neutral -> Neutral
2025-10-14JP MorganMaintains Neutral -> Neutral
2025-10-06UBSMaintains Neutral -> Neutral
2025-08-12OppenheimerMaintains Outperform -> Outperform
2025-08-08UBSMaintains Neutral -> Neutral
2025-08-08NeedhamMaintains Buy -> Buy
2025-07-14Gordon HaskettInitiate Hold
2025-07-03CitigroupMaintains Neutral -> Neutral
2025-07-02JMP SecuritiesDowngrade Market Outperform -> Market Perform
2025-05-12RBC CapitalReiterate Outperform -> Outperform
2025-05-09UBSMaintains Neutral -> Neutral
2025-05-09NeedhamMaintains Buy -> Buy
2025-04-10UBSMaintains Neutral -> Neutral
2025-04-09JMP SecuritiesMaintains Market Outperform -> Market Outperform
2025-03-27JP MorganDowngrade Overweight -> Neutral
2025-02-24OppenheimerMaintains Outperform -> Outperform
2025-02-21Citizens Capital MarketsMaintains Market Outperform -> Market Outperform
2025-02-21NeedhamReiterate Buy -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
$0.58
Revenue Estimate
248.09M
Revenue Q2Q
10.18%
EPS Q2Q
26.36%
Number of Analysts
15

Next Earnings Revisions

Revenue (1 Month)
0.10%
Revenue (3 Months)
1.78%
EPS (1 Month)
-0.43%
EPS (3 Months)
-1.63%

Next Earnings Summary

CARG is expected to report earnings on 5/6/2026. The consensus EPS estimate for the next earnings is 0.58 USD and the consensus revenue estimate is 248.09M USD.
The next earnings revenue estimate has been revised upward by 1.78% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2032

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032
Revenue
YoY % growth
CARG revenue by date.CARG revenue by date.
914.242M
-44.76%		798.044M
-12.71%		906.98M
13.65%		1.033B
13.89%		1.125B
8.91%		1.205B
7.11%		1.299B
7.80%		1.382B
6.39%		1.47B
6.37%		4.672B
217.82%
EBITDA
YoY % growth
CARG ebitda by date.CARG ebitda by date.
81.101M
-47.27%		204.064M
151.62%		273.29M
33.92%		342.87M
25.46%		382.1M
11.44%		413.55M
8.23%		456.96M
10.50%		494.45M
8.20%		555.9M
12.43%		N/A
EBIT
YoY % growth
CARG ebit by date.CARG ebit by date.
32.627M
-69.93%		178.704M
447.72%		244.944M
37.07%		311.33M
27.10%		351.4M
12.87%		361.6M
2.90%		N/AN/AN/AN/A
Operating Margin
CARG operating margin by date.CARG operating margin by date.
3.57%22.39%27.01%30.14%31.24%30.01%N/AN/AN/AN/A
EPS
YoY % growth
CARG eps by date.CARG eps by date.
1.24
11.71%		1.73
39.52%		2.24
29.48%		2.57
14.73%		3.09
20.04%		3.64
17.90%		4.73
30.11%		5.28
11.53%		7.57
43.38%		N/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		0.58
26.36%		0.61
7.13%		0.64
11.20%		0.74
17.81%		0.67
14.65%		0.70
14.14%		0.72
11.76%		0.78
5.37%		0.71
7.14%		0.78
11.95%		0.80
11.08%		0.86
9.56%
Revenue
Q2Q % growth		248.09M
10.18%		254.28M
8.65%		262.21M
9.85%		269.23M
11.67%		270.12M
8.88%		276.35M
8.68%		283.08M
7.96%		289.13M
7.39%		275.68M
2.06%		281.42M
1.83%		285.22M
0.76%		290.22M
0.38%
EBITDA
Q2Q % growth		78.455M
49.98%		81.731M
20.70%		85.196M
13.19%		97.48M
-17.66%		87.805M
11.92%		91.399M
11.83%		94.728M
11.19%		106.57M
9.32%		89.117M
1.49%		96.451M
5.53%		97.655M
3.09%		102.14M
-4.16%
EBIT
Q2Q % growth		70.409M
53.88%		74.442M
36.65%		77.748M
42.20%		88.513M
-1.69%		80.329M
14.09%		82.175M
10.39%		84.804M
9.08%		91.424M
3.29%		81.875M
1.92%		89.209M
8.56%		90.413M
6.61%		94.901M
3.80%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CARG Yearly Revenue VS EstimatesCARG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 1B 2B 3B 4B
CARG Yearly EPS VS EstimatesCARG Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2 4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
17.54%
EPS Next 5 Year
18.70%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
8.03%
Revenue Next 5 Year
7.66%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
14.63%
EBIT Next 5 Year
12.49%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CARGURUS INC / CARG Forecast FAQ

What is the average price target for CARGURUS INC (CARG) stock?

20 analysts have analysed CARG and the average price target is 36.49 USD. This implies a price decrease of -2.2% is expected in the next year compared to the current price of 37.31.

What is the next earnings date for CARG stock?

CARGURUS INC (CARG) will report earnings on 2026-05-06.

Can you provide the consensus estimates for CARGURUS INC next earnings?

The consensus EPS estimate for the next earnings of CARGURUS INC (CARG) is 0.58 USD and the consensus revenue estimate is 248.09M USD.

Can you provide the expected long term growth rate for CARGURUS INC stock?

The expected long term growth rate for CARGURUS INC (CARG) is 8.03%.