Analysts have clear opinions on CARG.
There are 2 analysts on the Wall offering 12 month price targets for CarGurus in the last 3 months. The average price target is $54.00 with a high forecast of $55.00 and a low forecast of $53.00. The average price target represents a 58.36% increase from the last price of $34.10.
CarGurus, Inc. (CARG) is followed by 2 analysts on the street.
Naved Khan from SunTrust Robinson rates it a Buy with a target of $55.00.
Similarly, 3 months ago Tom White of D.A. Davidson Reiterated a Buy with a target of $53.00.
The consensus on the street is null.
What does CarGurus, Inc.(CARG) do ?
Cargurus, Inc. engages in the provision of online auto shopping. It offers proprietary technology, search algorithms, and innovative data analytics to analyze new and used car listings. The firm operates through the following segments: United States and International. The United States segment derives revenues from marketplace subscriptions, advertising services, and other revenues from customers within the United States. The International segment includes the revenues from marketplace subscriptions, advertising services, and other revenues from customers outside of the United States. The company was founded by Langley Steinert in 2006 and is headquartered in Cambridge, MA.
CarGurus, Inc. (CARG) Insider Trades