CarGurus, Inc.
CarGurus, Inc. (CARG) Stock Forecast & Analyst Price Target
Wall Street consensus, 12-month price targets, model projections, and EPS/revenue estimates — from analyst data and price history.
carg · stock forecast · 23 analysts (3M) · FMP · updated Jun 8, 2026
Analyst Rating & Consensus
Based on 23 Wall Street analysts in the past 3 months
Buy
23 analysts
consensus
Rating Breakdown
12-Month Price Target
High
$45.00
Consensus
$37.92
+39.7% upside
Low
$33.50
Median: $36 · Last Close: $27.14
12-Month Price Target Forecast
Historical closing prices + analyst 12-month price target forecast cone
Consensus Target
$37.92
39.7% upside
High Target
$45
65.8%
Low Target
$33.5
23.4%
Current Price
$27.14
as of today
Based on analyst price targets, the CARG stock price prediction for the next 12 months ranges from $33.5 to $45. The consensus CARG price forecast of $37.92 implies 39.7% upside from the current price of $27.14.
Short-Term Price Prediction
Algorithmically generated · Updated daily
| Date | Predicted Price | Change |
|---|---|---|
| 2026-06-09 | $26.25 | ↓ 3.29% |
1-day model range: $26.1–$26.4. Peak: $26.4 (-3.29%).
Long-Term Stock Price Prediction
Annual stock price forecast · 2027 / 2028 / 2029 / 2030 / 2031
| Year | Avg Price | Change |
|---|---|---|
| 2027 | $35 | +27.8% |
| 2028 | $40 | +49.2% |
| 2029 | $45 | +64.1% |
| 2030 | $47 | +74.0% |
| 2031 | — | +80.3% |
Stock Forecast Based on Technical Analysis
14 TA signals (SMA×6 + EMA×6 + RSI + MACD) · EEAT method transparency
Market Sentiment
BEARISH
Based on 14 technical indicators
Refreshes daily from EOD close
Moving Averages · CARG · Jun 8, 2026
Latest Analyst Ratings & Upgrades
| Date | Brokerage | Action | Rating |
|---|---|---|---|
| 2026-05-11 | RBC Capital | Maintains | Outperform→Outperform |
| 2026-05-08 | Needham | Maintains | Buy→Buy |
| 2026-05-08 | JP Morgan | Maintains | Neutral→Neutral |
| 2026-05-08 | UBS | Maintains | Neutral→Neutral |
| 2026-02-24 | Oppenheimer | Maintains | Outperform→Outperform |
| 2026-02-20 | BTIG | Maintains | Buy→Buy |
| 2026-02-20 | RBC Capital | Maintains | Outperform→Outperform |
| 2026-02-20 | DA Davidson | Maintains | Neutral→Neutral |
| 2026-02-05 | Needham | Maintains | Buy→Buy |
| 2025-12-30 | BTIG | Maintains | Buy→Buy |
Wall Street analysts have recently issued updated ratings on CarGurus, Inc. (CARG) stock. Of the recent 163 rating actions, 11 were upgrades and 9 were downgrades. 23 analysts currently cover CARG.
Analyst Recommendation Trends
CARG analyst recommendation trends show stable buy-side sentiment over the past 6 months. Buy rating actions changed from 2 to 2 per month.
Financial Forecast: EPS & Revenue Estimates
Revenue This Year
$1.0B
↓ 14.8% YoY
Revenue Next Year
$1.1B
↑ 9.3% YoY
EPS This Year
$2.51
EPS Next Year
$2.91
↑ 16.0% YoY
EPS ForecastReported vs Estimated
Analysts forecast CARG EPS of $2.51 for the current fiscal year, based on estimates from 8 analysts. The CARG revenue forecast is $1.0B for the current year. These are analyst consensus estimates via FMP / S&P Global.
About Forecast & Price Prediction
The CARG stock forecast is supported by two independent data sources: analyst consensus ratings from 23 Wall Street analysts (S&P Global / FMP), and technical analysis calculated from historical EOD price data. The consensus CARG price target is $37.92 (+39.7% upside), with an analyst consensus of Buy.
The CARG short-term stock prediction for tomorrow is $26.25 (-3.29%). The CARG stock price prediction for 2027 estimates an average of $35. The CARG stock prediction for 2030 projects a range of $44–$50.
CarGurus, Inc. trades on NASDAQ under the ticker CARG. The CARG stock outlook for 2027 is broadly positive, supported by a Buy consensus among 65% of covering analysts.
Frequently asked questions
CARG forecast · 8 questionsAccording to 23 Wall Street analysts, the average 12-month CARG price target is $37.92, with a high forecast of $45.00 and a low of $33.50. The median price target is shown in the chart above when available. This implies +39.7% potential upside from the current price of $27.14.
· Analyst data: Financial Modeling Prep (FMP) · S&P Global Market Intelligence · Technical analysis: FMP /historical-price-eod/light · Updated: Hourly (analyst) · Daily (technical)
⚠ This information is provided for informational purposes only and does not constitute investment advice. Short-term and long-term price predictions are algorithmically generated and carry significant uncertainty. Past performance does not guarantee future results. Always conduct your own due diligence before making investment decisions.