$23.47
0[0.00%]
At close: Apr 23
$23.47
0[0.00%]
PreMarket: 4:20PM EDT
CarGurus
(NASDAQ:CARG)CarGurus Stock (NASDAQ:CARG), Analyst Ratings, Price Targets, Predictions
CarGurus Inc has a consensus price target of $23.88, established from looking at the 66 latest analyst ratings. The last 3 analyst ratings were released from JMP Securities, UBS, and Needham on April 17, 2024, March 15, 2024, and February 27, 2024. With an average price target of $17 between JMP Securities, UBS, and Needham, there's an implied -27.57% downside for CarGurus Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
JMP Securities
UBS
Needham
Oppenheimer
JP Morgan
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for CarGurus
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/17/2024 | CARG | Buy Now | CarGurus | $23.47 | — | JMP Securities | Nicholas Jones | — | Reiterates | → Market Perform | Get Alert |
| 03/15/2024 | CARG | Buy Now | CarGurus | $23.47 | 15.04% | UBS | Kunal Madhukar | $26 → $27 | Maintains | Neutral | Get Alert |
| 02/27/2024 | CARG | Buy Now | CarGurus | $23.47 | 2.26% | Needham | Chris Pierce | $22 → $24 | Maintains | Buy | Get Alert |
| 02/27/2024 | CARG | Buy Now | CarGurus | $23.47 | 27.82% | Oppenheimer | Jed Kelly | $26 → $30 | Maintains | Outperform | Get Alert |
| 01/16/2024 | CARG | Buy Now | CarGurus | $23.47 | 10.78% | UBS | Kunal Madhukar | $22 → $26 | Maintains | Neutral | Get Alert |
| 11/08/2023 | CARG | Buy Now | CarGurus | $23.47 | -6.26% | Needham | Chris Pierce | → $22 | Reiterates | Buy → Buy | Get Alert |
| 09/15/2023 | CARG | Buy Now | CarGurus | $23.47 | -10.52% | UBS | Kunal Madhukar | → $21 | Initiates | → Neutral | Get Alert |
| 08/14/2023 | CARG | Buy Now | CarGurus | $23.47 | 15.04% | JP Morgan | Rajat Gupta | $29 → $27 | Maintains | Overweight | Get Alert |
| 08/11/2023 | CARG | Buy Now | CarGurus | $23.47 | -10.52% | DA Davidson | Tom White | $20 → $21 | Maintains | Neutral | Get Alert |
| 08/10/2023 | CARG | Buy Now | CarGurus | $23.47 | -6.26% | Needham | Chris Pierce | $20 → $22 | Maintains | Buy | Get Alert |
| 08/01/2023 | CARG | Buy Now | CarGurus | $23.47 | 2.26% | Citigroup | Ronald Josey | $18 → $24 | Maintains | Neutral | Get Alert |
| 07/25/2023 | CARG | Buy Now | CarGurus | $23.47 | 15.04% | Jefferies | John Colantuoni | $24 → $27 | Maintains | Buy | Get Alert |
| 07/20/2023 | CARG | Buy Now | CarGurus | $23.47 | 19.3% | B. Riley Securities | Naved Khan | → $28 | Initiates | → Buy | Get Alert |
| 07/05/2023 | CARG | Buy Now | CarGurus | $23.47 | -36.09% | Piper Sandler | Alexander Potter | $12 → $15 | Maintains | Underweight | Get Alert |
| 06/29/2023 | CARG | Buy Now | CarGurus | $23.47 | 10.78% | BTIG | Marvin Fong | $22 → $26 | Maintains | Buy | Get Alert |
| 06/27/2023 | CARG | Buy Now | CarGurus | $23.47 | 23.56% | JP Morgan | Rajat Gupta | → $29 | Initiates | → Overweight | Get Alert |
| 05/31/2023 | CARG | Buy Now | CarGurus | $23.47 | — | JMP Securities | Ronald Josey | — | Reiterates | Market Perform → Market Perform | Get Alert |
| 05/12/2023 | CARG | Buy Now | CarGurus | $23.47 | 2.26% | Oppenheimer | Jed Kelly | $21 → $24 | Maintains | Outperform | Get Alert |
| 05/11/2023 | CARG | Buy Now | CarGurus | $23.47 | -10.52% | Raymond James | Aaron Kessler | $20 → $21 | Maintains | Outperform | Get Alert |
FAQ
What is the target price for CarGurus (CARG)?
The latest price target for CarGurus (NASDAQ: CARG) was reported by JMP Securities on April 17, 2024. The analyst firm set a price target for $0.00 expecting CARG to fall to within 12 months (a possible -100.00% downside). 22 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for CarGurus (CARG)?
The latest analyst rating for CarGurus (NASDAQ: CARG) was provided by JMP Securities, and CarGurus reiterated their market perform rating.
When was the last upgrade for CarGurus (CARG)?
The last upgrade for CarGurus Inc happened on January 7, 2022 when Jefferies raised their price target to $45. Jefferies previously had a hold for CarGurus Inc.
When was the last downgrade for CarGurus (CARG)?
The last downgrade for CarGurus Inc happened on February 16, 2023 when Piper Sandler changed their price target from N/A to $12 for CarGurus Inc.
When is the next analyst rating going to be posted or updated for CarGurus (CARG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CarGurus, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for CarGurus was filed on April 17, 2024 so you should expect the next rating to be made available sometime around April 17, 2025.
Is the Analyst Rating CarGurus (CARG) correct?
While ratings are subjective and will change, the latest CarGurus (CARG) rating was a reiterated with a price target of $0.00 to $0.00. The current price CarGurus (CARG) is trading at is $23.47, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.