# CarGurus (CARG) — Analyst Forecast

CARG · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/carg/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Buy | 11 | 4 | 0 | 15 |

## Price target

| Low | Average | High | Analysts |
| --- | --- | --- | --- |
| $35.00 | $40.43 | $44.00 | 7 |

Last price $30.30 (as of Oct 15, 2026).

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 7, 2026 | UBS | Maintained | Neutral | $35.00 |
| Oct 6, 2026 | Barclays | Maintained | Overweight | $38.00 |
| Aug 14, 2026 | Citigroup | Maintained | Neutral | $39.00 |
| Aug 12, 2026 | Oppenheimer | Maintained | Outperform | $44.00 |
| Aug 10, 2026 | Barclays | Maintained | Overweight | $41.00 |
| Aug 7, 2026 | BTIG | Maintained | Buy | $41.00 |
| Aug 7, 2026 | Needham | Maintained | Buy | $44.00 |
| Aug 7, 2026 | RBC Capital | Maintained | Outperform | $42.00 |
| Aug 7, 2026 | UBS | Maintained | Neutral | $40.00 |
| Jul 22, 2026 | Barclays | Maintained | Overweight | $40.00 |
| Jun 12, 2026 | Freedom Broker | Initiated Coverage | Buy | $40.00 |
| May 28, 2026 | Barclays | Initiated Coverage | Overweight | $35.00 |
| May 11, 2026 | RBC Capital | Maintained | Outperform | $35.00 |
| May 8, 2026 | Needham | Maintained | Buy | $43.00 |
| May 8, 2026 | JP Morgan | Maintained | Neutral | $38.00 |
| May 8, 2026 | UBS | Maintained | Neutral | $37.00 |
| Feb 24, 2026 | Oppenheimer | Maintained | Outperform | $38.00 |
| Feb 20, 2026 | BTIG | Maintained | Buy | $37.00 |
| Feb 20, 2026 | DA Davidson | Maintained | Neutral | $33.50 |
| Feb 20, 2026 | RBC Capital | Maintained | Outperform | $34.00 |

## 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 33.43% upside from the last price of $30.30.

### What is the latest analyst rating on CARG?

On Oct 7, 2026, UBS maintained CarGurus at Neutral with a price target of $35.00.

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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.

Data provided by [AInvest](https://www.ainvest.com).