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CarGurus Inc
NASDAQ:CARG

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CarGurus Inc
NASDAQ:CARG
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Price: 23.26 USD 0.17%
Updated: Apr 29, 2024

Wall Street
Price Targets

CARG Price Targets Summary
CarGurus Inc

Wall Street analysts forecast CARG stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CARG is 25.22 USD with a low forecast of 15.15 USD and a high forecast of 31.5 USD.

Lowest
Price Target
15.15 USD
35% Downside
Average
Price Target
25.22 USD
8% Upside
Highest
Price Target
31.5 USD
35% Upside

CARG Last Price Targets
CarGurus Inc

The latest public price target was made on May 12, 2023 by Jed Kelly from Oppenheimer , who expects CARG stock to rise by 3% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Jed Kelly
Oppenheimer
24 USD
Upside 3%
11 months ago
May 12, 2023
CarGurus Accelerates Towards Sustainable Profitability, Analyst Cheers On with Higher Price Target
Benzinga
Jed Kelly
Oppenheimer
Price Target 24 USD
Upside/Downside 3%
View Source
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Revenue
Forecast

Revenue Estimate
CarGurus Inc

For the last 7 years the compound annual growth rate for CarGurus Inc's revenue is 24%. The projected CAGR for the next 3 years is 8%.

24%
Past Growth
8%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
CarGurus Inc

For the last 7 years the compound annual growth rate for CarGurus Inc's operating income is 21%. The projected CAGR for the next 3 years is 90%.

21%
Past Growth
90%
Estimated Growth
Estimates Accuracy
-34%
Average Miss

Net Income
Forecast

Net Income Estimate
CarGurus Inc

The compound annual growth rate of CarGurus Inc's net income for the next 3 years is 87%.

N/A
Past Growth
87%
Estimated Growth
Estimates Accuracy
-26%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CARG's stock price target?
Price Target
25.22 USD

According to Wall Street analysts, the average 1-year price target for CARG is 25.22 USD with a low forecast of 15.15 USD and a high forecast of 31.5 USD.

What is CarGurus Inc's Revenue forecast?
Projected CAGR
8%

For the last 7 years the compound annual growth rate for CarGurus Inc's revenue is 24%. The projected CAGR for the next 3 years is 8%.

What is CarGurus Inc's Operating Income forecast?
Projected CAGR
90%

For the last 7 years the compound annual growth rate for CarGurus Inc's operating income is 21%. The projected CAGR for the next 3 years is 90%.

What is CarGurus Inc's Net Income forecast?
Projected CAGR
87%

The compound annual growth rate of CarGurus Inc's net income for the next 3 years is 87%.