CarGurus (CARG) Stock Price
CarGurus Price
Revenue has compounded at 25.3% per year over the past 10 years to 938.98 M USD. Earnings per share have grown at 43.3% per year over the last 9 years. CarGurus's net margin stands at 16.6%, up from 11.5% several years earlier. Analysts set a median price target of 41.00 USD, implying 42.5% above the current price. Of 22 analysts, 14 rate the stock a buy — an overall Buy consensus.
CarGurus stock price
CarGurus business model & stock analysis
Frequently asked questions about CarGurus
CarGurus Inc's business model revolves around providing an online automotive marketplace for consumers and dealers. They offer a platform where individuals can research and compare vehicles, read reviews, and connect with local dealers. CarGurus generates revenue through advertising and subscription-based services offered to dealerships. As a trusted platform, CarGurus aims to provide transparency and empower consumers to make informed decisions when buying or selling vehicles.
CarGurus Inc is primarily active in the automotive industry.
CarGurus Inc faces competition from notable companies such as TrueCar, Inc., AutoTrader, Cars.com, and Edmunds in the automotive marketplace. These competitors also provide platforms for vehicle buying and selling, offering similar services and features. However, CarGurus Inc distinguishes itself by leveraging its unique algorithms and data-driven insights to provide users with comprehensive vehicle listings, fair market values, and transparent pricing. This allows customers to make informed decisions when buying or selling cars. Nonetheless, CarGurus Inc continues to adapt and innovate in the highly competitive automotive marketplace.
CarGurus Inc. is an online automotive marketplace founded in 2006. Based in Cambridge, Massachusetts, the company is dedicated to providing a platform for users to buy and sell new and used cars. CarGurus revolutionized the car shopping experience by offering transparency and data-driven insights. It boasts a vast database of listings, including dealership inventory, private sellers, and auctions. With its user-friendly interface and features like price analysis and dealer reputation ratings, CarGurus empowers consumers to make informed choices. The company went public in 2017 under the ticker symbol "CARG" on the NASDAQ stock exchange, further solidifying its presence in the automotive industry.
CarGurus Inc has achieved several significant milestones since its inception. In 2017, the company successfully went public on the NASDAQ stock exchange under the ticker symbol CARG. In the same year, CarGurus reached a major milestone of having more than 5 million unique monthly visitors to its platform. Additionally, the company has expanded its international presence by launching car shopping websites in Canada, the United Kingdom, Germany, Italy, and Spain. CarGurus Inc has also been recognized as one of the fastest-growing technology companies in North America by Deloitte's Technology Fast 500.
CarGurus Inc is primarily present in the United States, Canada, and the United Kingdom.
CarGurus Inc represents values of transparency, innovation, and customer-centricity. The company aims to revolutionize the car buying experience by providing comprehensive and reliable information to help consumers make informed decisions. CarGurus Inc emphasizes building trust and confidence among car buyers and sellers. With a mission to connect buyers and sellers in a fair and efficient manner, CarGurus Inc strives to deliver the best car shopping experience possible. This commitment to excellence has made CarGurus Inc a trusted and leading platform for buying and selling cars.
Analysts currently set an average price target of 40.07 USD for the CarGurus stock (median: 41.00 USD), implying +39.3 % versus the latest price. The consensus is based on 22 analyst ratings.
22 analysts currently rate the CarGurus stock: 14 recommend buying, 8 holding and 0 selling. For 2026, analysts expect CarGurus to generate revenue of 1.01 B USD and earnings per share of 2.72 USD.
Converted at the current exchange rate, the CarGurus share trades at 25.67 EUR (28.77 USD).
The CarGurus share (CARG) is listed on 4 stock exchanges, including: NASDAQ (CARG), SIX (Zürich) (0C6.SW), Frankfurt (0C6.F), Düsseldorf (0C6.DU).
CarGurus Inc. is an online automotive marketplace operating in the USA, Canada, and Europe. It was founded in 2006 and is headquartered in Cambridge, Massachusetts, USA. CarGurus aims to simplify and make the buyer and seller experience more transparent, offering a wide range of products and services to achieve this. The core business of CarGurus is online car sales. The company acts as a mediator between buyers and sellers, providing a comprehensive platform where potential buyers can search, compare, and rate cars. The website also offers reviews and rankings of dealers and individuals selling cars, aiming to promote trust and transparency in the online buying process. CarGurus also has a division for car dealers called CarGurus for Dealers. Here, dealers can upload their inventory and promote their offerings on the platform. CarGurus also provides customized marketing campaigns tailored to specific dealer needs and supports them in generating leads and increasing sales. Dealers can also gain insights into the performance of their listings and adjust their marketing strategies accordingly. Another important product of CarGurus is their mobile app. The app offers all the functionality of the website, allowing users to search for cars and compare deals while on the go or outside of the office. With just a few taps, users can also send messages to sellers, schedule test drives, and read reviews of cars and sellers. CarGurus operates an increasing number of branches or subsidiaries in the United Kingdom, Canada, Italy, Spain, Germany, and Belgium. These branches provide the opportunity to offer the platform in languages and formats that better suit local market conditions and cultural norms. The company generates the majority of its revenue through advertising and marketing. Car dealers can promote their listings on the platform to reach new customers, and CarGurus offers them various advertising packages for this purpose. The company also generates income through marketing services such as auto loans, insurance, and warranty programs. Overall, CarGurus has developed a business model based on trust, transparency, and user-friendliness. The company aims to make the online buying process as simple, trustworthy, and transparent as possible while providing tailored solutions for car dealers. CarGurus has established itself as a key player in the online automotive market and is expected to continue growing and expanding to meet the needs of buyers and sellers worldwide.
The expected revenue of CarGurus is 1.01 B USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of CarGurus is 263.51 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of CarGurus is currently 10.56. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the CarGurus stock.
The price-to-sales ratio (P/S) of CarGurus is currently 2.74. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the CarGurus stock.
The Eulerpool Quality Score for CarGurus is 6/10.
The ISIN of CarGurus is US1417881091. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of CarGurus is A2DX5H. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of CarGurus is CARG. The ticker symbol is used to trade CarGurus shares on the stock exchange.
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All fundamentals and in-depth analysis of CarGurus
Our stock analysis for CarGurus stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of CarGurus. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.