15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 11 firms covering CarGurus, 7 rate it Buy or better, 4 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $33.50 to $45.00, so the covering firms are broadly aligned. The average target of $38.41 sits 5% above the current $36.41. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 5 to 7 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.63 next quarter toward $2.92 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS11 ratings
Moderate Buy
Strong Buy00%
Buy764%
Hold436%
Sell00%
Strong Sell00%
Based on 11 analysts giving stock ratings to CarGurus.
As of Jul, 7 of 11 firms rate CARG a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
CARG EPS & revenue forecast
EPS · NEXT QUARTER
$0.63
Range $0.59 – $0.67 · 13 analysts · +11% YoY
Next period, 13 analysts expect CarGurus to earn $0.63 a share (range $0.59 – $0.67), versus $0.57 a year earlier. Full-year consensus is $2.52, growing to $2.92 the year after.
REVENUE · NEXT QUARTER
$257.3M
Range $254.1M – $260.6M · 13 analysts · +8% YoY
Revenue is expected to reach $257.3M (range $254.1M – $260.6M), +7.8% year-over-year. Full-year consensus is $1.0B, rising to $1.1B next year.
Top analysts covering CarGurus
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on CARG.
#1
Nicholas Jones
JMP Securities · Rank #255
Buy
$38.00+4.4% to target
Overall win rate
34%
+ Follow
#2
Chris Pierce
Needham · Rank #262
Buy
$43.00+18.1% to target
Overall win rate
35%
+ Follow
#3
Tom White
DA Davidson · Rank #364
Hold
$36.00-1.1% to target
Overall win rate
26%
+ Follow
#4
Andrew Boone
JMP Securities · Rank #370
Hold
No targeton CARG
Overall win rate
22%
+ Follow
#5
KM
Kunal Madhukar
UBS
Hold
$37.00+1.6% to target
Coverage
—
+ Follow
CARG stock forecast FAQ
What is CARG's average 12-month price target?+
The 11 analysts with a live target average $38.41 for CarGurus over the next 12 months, ranging from a $45.00 high to a $33.50 low.
Is CARG stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 11 analyst ratings, 7 are Buy or Strong Buy, 4 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for CARG?+
The Street-high target is $45.00 (Jefferies), and the Street-low is $33.50 (DA Davidson). The average of all 11 active targets is $38.41.
How many Wall Street analysts cover CARG?+
11 analysts have an active rating on CarGurus, and 11 firms carry a live 12-month price target.
Who is the most accurate analyst covering CARG?+
Among analysts who currently cover CARG, Nicholas Jones of JMP Securities has the strongest overall Quantellect track record (Rank #255). Their current call is Buy with a $38.00 target.
What is CarGurus's projected EPS for next quarter?+
The consensus estimate is $0.63 per share (range $0.59 – $0.67) across 13 analysts. Full-year EPS is projected at $2.52, rising to $2.92 the following year.
How much revenue is CarGurus expected to report next quarter?+
Consensus revenue is $257.3M (range $254.1M – $260.6M). Full-year revenue is projected at $1.0B, growing to $1.1B next year.
Have analysts been upgrading or downgrading CARG lately?+
As of Jul, 7 of 11 firms rate CARG a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their CARG calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
