CarGurus (CARG) analyst forecast and price target
Analyst forecast
Consensus of 15 analyst ratings
Based on 7 analyst targets
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| UBS | Maintained | Neutral | $35.00 from $40.00 | Oct 7, 2026 |
| Barclays | Maintained | Overweight | $38.00 from $41.00 | Oct 6, 2026 |
| Citigroup | Maintained | Neutral | $39.00 from $32.00 | Aug 14, 2026 |
| Oppenheimer | Maintained | Outperform | $44.00 from $38.00 | Aug 12, 2026 |
| Barclays | Maintained | Overweight | $41.00 from $40.00 | Aug 10, 2026 |
| BTIG | Maintained | Buy | $41.00 from $40.00 | Aug 7, 2026 |
| Needham | Maintained | Buy | $44.00 from $43.00 | Aug 7, 2026 |
| RBC Capital | Maintained | Outperform | $42.00 from $35.00 | Aug 7, 2026 |
| UBS | Maintained | Neutral | $40.00 from $37.00 | Aug 7, 2026 |
| Barclays | Maintained | Overweight | $40.00 from $35.00 | Jul 22, 2026 |
| Freedom Broker | Initiated Coverage | Buy | $40.00 | Jun 12, 2026 |
| Barclays | Initiated Coverage | Overweight | $35.00 | May 28, 2026 |
| RBC Capital | Maintained | Outperform | $35.00 from $34.00 | May 11, 2026 |
| Needham | Maintained | Buy | $43.00 from $37.00 | May 8, 2026 |
| JP Morgan | Maintained | Neutral | $38.00 from $36.00 | May 8, 2026 |
| UBS | Maintained | Neutral | $37.00 from $33.00 | May 8, 2026 |
| Oppenheimer | Maintained | Outperform | $38.00 from $40.00 | Feb 24, 2026 |
| BTIG | Maintained | Buy | $37.00 from $44.00 | Feb 20, 2026 |
| DA Davidson | Maintained | Neutral | $33.50 from $37.50 | Feb 20, 2026 |
| RBC Capital | Maintained | Outperform | $34.00 from $40.00 | Feb 20, 2026 |
Frequently asked questions
What is the price target for CARG stock?
The average 12-month analyst price target for CarGurus (CARG) is $40.43, with a high estimate of $44.00 and a low of $35.00, across 7 analysts.
Is CARG a buy, sell, or hold?
Analysts covering CarGurus currently average a Buy rating: 11 buy, 4 hold and 0 sell, from 15 analysts. Ratings reflect analyst opinion, not investment advice.
What upside do analysts see for CARG?
The average price target of $40.43 implies 33.71% upside from the last price of $30.24.
What is the latest analyst rating on CARG?
On Oct 7, 2026, UBS maintained CarGurus at Neutral with a price target of $35.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.