CarGurus (CARG) Stock Price Target 2026

The average analyst price target for CarGurus is $39.62, 14.6% above the current price. Of 15 analysts, 9 rate it Buy and 6 Hold. Targets range from $33.50 to $45. The latest change came on Nov 9, 2026, when Citigroup raised its price target on CarGurus from $39 to $41 and kept a Neutral rating.

The Average Analyst Price Target for CarGurus is $39.62.

Price Target Range — 12 Quarters

Analyst Consensus — 15 Analysts

1S.Buy

8Buy

6Hold

Consensus RatingBuy# Analysts15Avg. Consensus PT$39.62Upside to Avg. PT+14.6%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for CarGurus Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Nov 9, 2026	Citigroup	Ronald Josey	PT Raise	Neutral	$39→$41
Nov 9, 2026	Barclays	John Babcock	PT Raise	Overweight	$38→$41
Nov 6, 2026	JP Morgan	Rajat Gupta	PT Cut	Neutral	$42→$37
Nov 6, 2026	RBC Capital	Brad Erickson	PT Cut	Outperform	$42→$41
Oct 7, 2026	UBS	Joseph Spak	PT Cut	Neutral	$40→$35
Oct 6, 2026	Barclays	John Babcock	PT Cut	Overweight	$41→$38
Aug 14, 2026	Citigroup	Ronald Josey	PT Raise	Neutral	$32→$39
Aug 12, 2026	Oppenheimer	Jed Kelly	PT Raise	Outperform	$38→$44
Aug 10, 2026	Barclays	John Babcock	PT Raise	Overweight	$40→$41
Aug 7, 2026	UBS	Joseph Spak	PT Raise	Neutral	$37→$40
Aug 7, 2026	RBC Capital	Brad Erickson	PT Raise	Outperform	$35→$42
Aug 7, 2026	Needham	Chris Pierce	PT Raise	Buy	$43→$44
Aug 7, 2026	BTIG	Marvin Fong	PT Raise	Buy	$40→$41
Jul 22, 2026	Barclays	John Babcock	PT Raise	Overweight	$35→$40
Jun 12, 2026	Freedom Broker	Dmitriy Pozdnyakov	Initiate	Buy	$40
May 28, 2026	Barclays	John Babcock	Initiate	Overweight	$35
May 11, 2026	RBC Capital	Brad Erickson	PT Raise	Outperform	$34→$35
May 8, 2026	UBS	Kunal Madhukar	PT Raise	Neutral	$33→$37
May 8, 2026	JP Morgan	Rajat Gupta	PT Raise	Neutral	$36→$38
May 8, 2026	Needham	Chris Pierce	PT Raise	Buy	$37→$43