CARG
Q3 2026 EPS Estimate
$0.62
Aug 6, 2026 · Reports after close
Revenue Estimate
$250M
FY2026E EPS$2.51
FY2027E EPS$2.91

Analyst Sentiment

Wall St. Consensus
Buy
22 analysts·High coverage
66
Score
15 Buy (68%)6 Hold (27%)1 Sell (5%)
Rating Breakdown
Strong Buy
00%
Buy
1568%
Hold
627%
Sell
15%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Bear
$33.50
-1.7%
Consensus
$35.00
+2.7%
Bull
$43.00
+26.1%
12-Month Target Range22 analysts
$33.50$35.00$43.00
Current $34.09Consensus
Current Price
$34.09
Upside to Consensus
$0.91

Price targets are 12-month analyst forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Forward Growth Estimates (YoY)
FY2027
Rev+9.31%
EPS+15.99%
FY2028
Rev+7.43%
EPS+9.45%
FY2029
Rev+6.57%
EPS+44.86%
Raw consensus estimates (low / average / high) from covering analysts.
Annual
MetricFY2026EFY2027EFY2028EFY2029EFY2030E
Revenue Avg$1.02B$1.11B$1.19B$1.27B$1.34B
Low$1.00B$1.10B$1.19B$1.25B$1.32B
High$1.03B$1.12B$1.19B$1.28B$1.35B
EBITDA Avg$176M$192M$206M$220M$231M
Low$173M$190M$206M$217M$228M
High$177M$194M$206M$222M$234M
EBIT Avg$134M$147M$158M$168M$177M
Low$133M$146M$158M$166M$175M
High$136M$148M$158M$170M$179M
Net Income Avg$243M$225M$292M$447M$491M
Low$238M$223M$266M$439M$483M
High$247M$389M$428M$453M$497M
EPS Avg$2.51$2.91$3.19$4.62$5.08
Low$2.46$2.31$2.75$4.54$4.99
High$2.55$4.02$4.43$4.68$5.14
Analysts (Rev / EPS)10 / 810 / 87 / 43 / 26 / 2
Quarterly
MetricQ3 2026Q4 2026Q1 2027Q2 2027Q3 2027Q4 2027Q1 2028Q2 2028
Revenue Avg$257M$264M$267M$272M$279M$286M$275M$277M
Low$257M$263M$265M$270M$277M$284M$273M$275M
High$258M$267M$269M$275M$281M$288M$277M$279M
EBITDA Avg$45M$46M$46M$47M$48M$49M$48M$48M
Low$44M$45M$46M$47M$48M$49M$47M$48M
High$45M$46M$47M$48M$49M$50M$48M$48M
EBIT Avg$34M$35M$35M$36M$37M$38M$36M$37M
Low$34M$35M$35M$36M$37M$38M$36M$36M
High$34M$35M$36M$36M$37M$38M$37M$37M
Net Income Avg$60M$66M$62M$65M$68M$75M$72M$75M
Low$56M$66M$61M$65M$67M$75M$71M$74M
High$62M$67M$62M$66M$69M$76M$72M$76M
EPS Avg$0.63$0.70$0.65$0.69$0.72$0.79$0.75$0.79
Low$0.59$0.69$0.64$0.68$0.71$0.78$0.75$0.78
High$0.65$0.71$0.66$0.69$0.72$0.80$0.76$0.79
Analysts (Rev / EPS)8 / 87 / 64 / 36 / 54 / 37 / 63 / 45 / 6

Earnings Surprises

Recent Analyst Actions

May 28, 2026UBS
CarGurus initiated with an Overweight at Barclays
Target:$35.00
+21.1%from $28.90
May 8, 2026UBS
CarGurus price target raised to $37 from $33 at UBS
Target:$37.00
+7.9%from $34.30
May 8, 2026Needham
CarGurus price target raised to $43 from $37 at Needham
Target:$43.00
+22.7%from $35.04
Feb 24, 2026UBS
CarGurus price target lowered to $38 from $40 at Oppenheimer
Target:$38.00
+36.1%from $27.93
Feb 23, 2026D.A. Davidson
CarGurus price target lowered to $33.50 from $37.50 at DA Davidson
Target:$33.50
+11.8%from $29.96
Feb 20, 2026RBC Capital
CarGurus price target lowered to $34 from $40 at RBC Capital
Target:$34.00
+16.7%from $29.14
Feb 20, 2026BTIG
CarGurus price target lowered to $37 from $44 at BTIG
Target:$37.00
+26.7%from $29.20
Feb 5, 2026Needham
CarGurus price target lowered to $37 from $44 at Needham
Target:$37.00
+29.2%from $28.63
Dec 30, 2025BTIG
CarGurus price target raised to $44 from $39 at BTIG
Target:$44.00
+14.0%from $38.58
Dec 11, 2025Jefferies
CarGurus price target raised to $45 from $42 at Jefferies
Target:$45.00
+20.4%from $37.38
Nov 17, 2025D.A. Davidson
CarGurus Inc. (CARG) PT Raised to $37.50 at DA Davidson Post Q3 Print
Target:$37.50
+3.8%from $36.11
Oct 6, 2025UBS
CarGurus price target raised to $40 from $36 at UBS
Target:$40.00
+5.6%from $37.88
Aug 8, 2025UBS
CarGurus price target raised to $36 from $33 at UBS
Target:$36.00
+23.7%from $29.11
Nov 11, 2024B.Riley Financial
CarGurus Inc. (CARG) PT Raised to $40 at B.Riley
Target:$40.00
+26.1%from $31.71
Oct 22, 2024BTIG
CarGurus price target raised to $35 from $30 at BTIG
Target:$35.00
+10.5%from $31.66
Aug 9, 2024Oppenheimer
CarGurus price target raised to $32 from $30 at Oppenheimer
Target:$32.00
+23.8%from $25.85
Aug 9, 2024Needham
CarGurus Inc. (CARG) PT Raised to $27 at Needham
Target:$27.00
+20.5%from $22.40
Aug 9, 2024D.A. Davidson
CarGurus Inc. (CARG) PT Raised to $26.50 at DA Davidson
Target:$26.50
+18.3%from $22.40
Aug 9, 2024RBC Capital
CarGurus Inc. (CARG) PT Raised to $30 at RBC Capital
Target:$30.00
+33.9%from $22.40
Jun 6, 2024JMP Securities
CarGurus upgraded to Outperform from Market Perform at JMP Securities
Target:$30.00
+19.2%from $25.17
May 10, 2024RBC Capital
CarGurus price target raised to $27 from $26 at RBC Capital
Target:$27.00
+13.7%from $23.75
May 10, 2024Needham
CarGurus Inc. (CARG) PT Raised to $25 at Needham
Target:$25.00
+3.7%from $24.11
May 12, 2023Oppenheimer
CarGurus Accelerates Towards Sustainable Profitability, Analyst Cheers On with Higher Price Target
Target:$24.00
+25.7%from $19.10
Jan 5, 2023Needham
Analyst Remains Positive On CarGurus' New Model But Takes Cautious View As Used Car Demand Slows
Target:$16.00
+11.8%from $14.31
Dec 13, 2022Citigroup
Citigroup Assumes CarGurus at Neutral, Announces Price Target of $14
Target:$14.00
+2.3%from $13.69
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.