
CarGurus (CARG) Stock Forecast & Price Target
CarGurus (CARG) Analyst Ratings
Bulls say
CarGurus is a top-performing automotive marketplace that continues to see strong revenue growth, driven by factors such as premium tier adoption and international expansion. While there are potential risks from AI disintermediation and competition, the company's investments in product innovation and international markets are expected to drive further growth in the future, leading to a "buy" rating from analysts with a price target of $37. The recent 15% revenue growth in the first quarter of 2026 and higher-than-expected leads and dealer additions speak to the effectiveness of CarGurus' AI-powered products and market positioning.
Bears say
CarGurus is a leading online automotive buy-and-sell marketplace. However, despite growing non-GAAP adjusted EBITDA and revenues, there are concerns about steep operating expenses and increased spending for product technology and development. Additionally, the company's foray into electric vehicles may face challenges due to lack of critical mass and poor resale value. The recent uptick in CARG's stock may also be the result of artificial intelligence and first-party consumer data, rather than sustainable long-term growth and profitability.
This aggregate rating is based on analysts' research of CarGurus and is not a guaranteed prediction by Public.com or investment advice.
CarGurus (CARG) Analyst Forecast & Price Prediction
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