Overview
CarGurus, Inc., based in the United States, operates primarily within the online automotive marketplace industry, facilitating both consumer-to-consumer and business-to-consumer sales. Founded in 2006, the company has grown significantly, leveraging advanced technology to enhance the car buying and selling experience. Its platform features tools and resources that aid users in comparing local listings for new and used cars, obtaining financing, and receiving valuations on potential trade-ins. CarGurus has expanded its services beyond the traditional marketplace to include financing options through a network of lenders, thereby streamlining the car purchasing process. The company's strategic focus on digital innovation and customer experience underpins its leadership in the automotive sector.
Basic Stats
The share price of CarGurus, Inc. as of September 5, 2025 is $36.16 / share. This is an increase of 4.51% from the prior week. The market cap (or net worth) of CarGurus, Inc. as of September 5, 2025 is $3,580.20 MM.
The Factor Analysis chart (below right) shows a view of CarGurus, Inc. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 3,580.20 MM |
| EV | 3,348.97 MM |
| Shares Out. | 98.96 MM |
| Earnings Date | |
| EPS (TTM) | 1.31 |
| Dividend Yield | |
| Ex-Dividend Date | |
| Borrow Rate | 0.48 |
| Short Shares Avail. | 1.40 MM |
| Short Interest | 3.50 MM |
| Short Float | 4.20 % |
| Days to Cover | 4.19 days |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | 27.98 % |
| Volatility (1 yr) | 0.39 |
| Beta | 1.47 |
| Sharpe Ratio (1 yr) | 0.60 |
| Sortino Ratio (1 yr) | 0.92 |
| PE Ratio | 27.59 |
| Price/Book | 8.22 |
| Price/TBV | 8.89 |
| Book/Market | 0.12 |
| EBIT/EV | 0.05 |
| EBIT(3yr avg)/EV | 0.02 |
| ROA | 0.17 |
| ROE | 0.29 |
| ROIC | 0.21 |
| CROIC | 0.02 |
| OCROIC | 0.43 |
| Implied Volatility | 29.82 % |
| Put/Call OI Ratio | 0.67 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for CarGurus, Inc. is $39.50. The forecasts range from a low of $33.33 to a high of $46.20. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for CarGurus, Inc.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2022-11-09 | RBC Capital | Outperform | Maintains | |
| 2022-11-09 | Raymond James | Outperform | Maintains | |
| 2022-11-09 | Needham | Buy | Maintains | |
| 2022-11-09 | DA Davidson | Neutral | Maintains | |
| 2022-10-18 | Truist Securities | Buy | Maintains | |
| 2022-10-06 | Jefferies | Buy | Maintains | |
| 2022-09-30 | Raymond James | Outperform | Maintains | |
| 2022-09-20 | Needham | Buy | Maintains | |
| 2022-09-20 | BTIG | Buy | Maintains | |
| 2022-08-09 | Truist Securities | Buy | Maintains | |
| 2022-08-09 | RBC Capital | Outperform | Maintains | |
| 2022-08-09 | Raymond James | Outperform | Maintains | |
| 2022-08-09 | Needham | Buy | Maintains | |
| 2022-08-09 | DA Davidson | Neutral | Maintains | |
| 2022-07-25 | Truist Securities | Buy | Maintains | |
| 2022-07-05 | Needham | Buy | Maintains | |
| 2022-06-21 | BTIG | Buy | Maintains | |
| 2022-05-10 | RBC Capital | Outperform | Maintains | |
| 2022-05-10 | Raymond James | Outperform | Maintains | |
| 2022-05-10 | Needham | Buy | Maintains | |
| 2022-05-10 | DA Davidson | Neutral | Maintains | |
| 2022-03-30 | Piper Sandler | Neutral | Maintains | |
| 2022-03-10 | RBC Capital | Outperform | Maintains | |
| 2022-03-04 | DA Davidson | Neutral | Maintains | |
| 2022-02-28 | Raymond James | Outperform | Maintains | |
| 2022-02-25 | Needham | Buy | Maintains | |
| 2022-02-02 | Northcoast Research | Buy | Initiate | |
| 2022-01-07 | Jefferies | Hold | Buy | Upgrade |
| 2021-11-15 | DA Davidson | Neutral | Maintains | |
| 2021-11-10 | RBC Capital | Outperform | Maintains | |
| 2021-11-10 | Raymond James | Outperform | Maintains | |
| 2021-11-10 | Needham | Buy | Maintains | |
| 2021-08-26 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2021-08-12 | Needham | Hold | Buy | Upgrade |
| 2021-08-06 | RBC Capital | Sector Perform | Maintains | |
| 2021-08-06 | Raymond James | Outperform | Maintains | |
| 2021-04-08 | Raymond James | Market Perform | Outperform | Upgrade |
| 2021-02-12 | DA Davidson | Buy | Neutral | Downgrade |
| 2020-12-04 | Jefferies | Hold | Initiate | |
| 2020-10-23 | BTIG | Neutral | Buy | Upgrade |
| 2020-08-10 | Truist Securities | Buy | Maintains | |
| 2020-08-07 | BTIG | Buy | Neutral | Downgrade |
| 2020-08-05 | Benchmark | Buy | Maintains | |
| 2020-07-28 | Piper Sandler | Neutral | Initiate | |
| 2020-06-18 | JMP Securities | Market Outperform | Maintains | |
| 2020-06-11 | SunTrust Robinson Humphrey | Buy | Maintains | |
| 2020-05-12 | DA Davidson | Buy | Maintains | |
| 2020-05-11 | Citigroup | Buy | Neutral | Downgrade |
| 2020-05-08 | Benchmark | Buy | Maintains | |
| 2020-04-20 | Oppenheimer | Outperform | Maintains | |
| 2020-04-17 | RBC Capital | Outperform | Sector Perform | Downgrade |
| 2020-04-13 | JMP Securities | Market Outperform | Maintains | |
| 2020-03-31 | SunTrust Robinson Humphrey | Buy | Maintains | |
| 2020-03-27 | Citigroup | Buy | Maintains | |
| 2020-03-17 | BTIG | Neutral | Buy | Upgrade |
| 2020-02-24 | SunTrust Robinson Humphrey | Buy | Maintains | |
| 2020-02-14 | BTIG Research | Buy | Neutral | Downgrade |
| 2020-02-14 | Benchmark | Buy | Maintains | |
| 2020-02-10 | SunTrust Robinson Humphrey | Buy | Maintains | |
| 2019-09-12 | Needham | Hold | Initiate | |
| 2019-08-02 | Consumer Edge Research | Overweight | Initiate | |
| 2019-05-20 | Cowen & Co. | Market Perform | Initiate | |
| 2019-03-18 | Goldman Sachs | Neutral | Buy | Upgrade |
| 2019-03-01 | Citigroup | Buy | Buy | Maintains |
| 2019-01-09 | Oppenheimer | Outperform | Initiate | |
| 2018-12-07 | Citigroup | Buy | Initiate | |
| 2018-11-19 | SunTrust Robinson Humphrey | Buy | Initiate | |
| 2018-11-14 | BTIG Research | Buy | Initiate | |
| 2018-11-08 | RBC Capital | Outperform | Outperform | Maintains |
| 2018-08-08 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2018-08-08 | JMP Securities | Market Perform | Market Outperform | Upgrade |
| 2018-05-04 | DA Davidson | Buy | Buy | Maintains |
| 2018-05-01 | DA Davidson | Neutral | Buy | Upgrade |
| 2018-04-04 | DA Davidson | Neutral | Initiate | |
| 2018-03-22 | Benchmark | Buy | Initiate | |
| 2017-11-06 | William Blair | Outperform | Initiate | |
| 2017-11-06 | RBC Capital | Sector Perform | Initiate | |
| 2017-11-06 | Raymond James | Market Perform | Initiate | |
| 2017-11-06 | Goldman Sachs | Neutral | Initiate | |
| 2023-02-16 | Piper Sandler | Neutral | Underweight | Downgrade |
| 2023-03-03 | DA Davidson | Neutral | Maintains | |
| 2023-03-01 | RBC Capital | Outperform | Maintains | |
| 2023-03-01 | Citigroup | Neutral | Maintains | |
| 2023-03-01 | Oppenheimer | Outperform | Maintains | |
| 2023-03-01 | Raymond James | Outperform | Maintains | |
| 2023-03-01 | Needham | Buy | Reiterate | |
| 2023-05-10 | RBC Capital | Outperform | Maintains | |
| 2023-05-10 | DA Davidson | Neutral | Maintains | |
| 2023-05-10 | Needham | Buy | Reiterate | |
| 2023-05-11 | Raymond James | Outperform | Maintains | |
| 2023-05-12 | Oppenheimer | Outperform | Outperform | Maintains |
| 2023-05-31 | JMP Securities | Market Perform | Market Perform | Reiterate |
| 2023-06-29 | BTIG | Buy | Buy | Maintains |
| 2023-07-25 | Jefferies | Buy | Buy | Maintains |
| 2023-06-27 | JP Morgan | Overweight | Initiate | |
| 2023-07-05 | Piper Sandler | Underweight | Underweight | Maintains |
| 2023-08-14 | JP Morgan | Overweight | Overweight | Maintains |
| 2023-08-11 | DA Davidson | Neutral | Neutral | Maintains |
| 2024-05-10 | RBC Capital | Outperform | Outperform | Maintains |
| 2024-05-10 | JP Morgan | Overweight | Overweight | Maintains |
| 2024-05-10 | Needham | Buy | Buy | Maintains |
| 2024-03-15 | UBS | Neutral | Neutral | Maintains |
| 2023-07-20 | B. Riley Securities | Buy | Initiate | |
| 2023-09-15 | UBS | Neutral | Initiate | |
| 2024-04-17 | JMP Securities | Market Perform | Reiterate | |
| 2023-11-08 | Needham | Buy | Buy | Reiterate |
| 2023-08-01 | Citigroup | Neutral | Neutral | Maintains |
| 2023-08-10 | Needham | Buy | Buy | Maintains |
| 2024-02-27 | Needham | Buy | Buy | Maintains |
| 2024-02-27 | Oppenheimer | Outperform | Outperform | Maintains |
| 2024-05-13 | DA Davidson | Neutral | Neutral | Maintains |
| 2024-01-16 | UBS | Neutral | Neutral | Maintains |
| 2024-06-07 | JMP Securities | Market Perform | Market Outperform | Upgrade |
| 2024-07-10 | JMP Securities | Market Outperform | Market Outperform | Reiterate |
| 2024-07-03 | Citigroup | Neutral | Neutral | Maintains |
| 2024-08-09 | Needham | Buy | Buy | Maintains |
| 2024-08-09 | BTIG | Buy | Buy | Maintains |
| 2024-08-09 | RBC Capital | Outperform | Outperform | Maintains |
| 2024-08-09 | Oppenheimer | Outperform | Outperform | Maintains |
| 2024-08-09 | B. Riley Securities | Buy | Buy | Maintains |
| 2024-09-10 | DA Davidson | Neutral | Neutral | Maintains |
| 2024-11-08 | Oppenheimer | Outperform | Outperform | Maintains |
| 2024-11-08 | DA Davidson | Neutral | Neutral | Maintains |
| 2024-11-08 | JP Morgan | Overweight | Overweight | Maintains |
| 2024-11-08 | Needham | Buy | Buy | Maintains |
| 2025-08-12 | Oppenheimer | Outperform | Outperform | Maintains |
| 2024-11-22 | JMP Securities | Market Outperform | Market Outperform | Maintains |
| 2024-10-22 | Jefferies | Buy | Buy | Maintains |
| 2025-02-24 | Oppenheimer | Outperform | Outperform | Maintains |
| 2025-03-27 | JP Morgan | Overweight | Neutral | Downgrade |
| 2025-01-16 | Needham | Buy | Buy | Maintains |
| 2024-10-22 | BTIG | Buy | Buy | Maintains |
| 2024-08-12 | JMP Securities | Market Outperform | Market Outperform | Maintains |
| 2024-08-12 | JP Morgan | Overweight | Overweight | Maintains |
| 2025-02-21 | Needham | Buy | Buy | Reiterate |
| 2024-11-11 | RBC Capital | Outperform | Outperform | Maintains |
| 2024-11-11 | B. Riley Securities | Buy | Buy | Maintains |
| 2024-11-11 | JMP Securities | Market Outperform | Market Outperform | Maintains |
| 2025-02-21 | JP Morgan | Overweight | Overweight | Maintains |
| 2025-02-21 | Citizens Capital Markets | Market Outperform | Market Outperform | Maintains |
| 2024-09-09 | JMP Securities | Market Outperform | Market Outperform | Reiterate |
| 2024-12-16 | JMP Securities | Market Outperform | Market Outperform | Reiterate |
| 2025-05-09 | UBS | Neutral | Neutral | Maintains |
| 2025-08-08 | UBS | Neutral | Neutral | Maintains |
| 2025-04-09 | JMP Securities | Market Outperform | Market Outperform | Maintains |
| 2025-04-10 | UBS | Neutral | Neutral | Maintains |
| 2025-05-09 | Needham | Buy | Buy | Maintains |
| 2025-05-12 | RBC Capital | Outperform | Outperform | Reiterate |
| 2025-07-02 | JMP Securities | Market Outperform | Market Perform | Downgrade |
| 2025-07-03 | Citigroup | Neutral | Neutral | Maintains |
| 2025-07-14 | Gordon Haskett | Hold | Initiate | |
| 2025-08-08 | Needham | Buy | Buy | Maintains |
