CarGurus, Inc. - (CARG) Social Stream
CarGurus Inc (CARG) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering CARG.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-01 | 9 | $46 | $31 | $37.333 | $44.77 | -16.61% |
| 2021-11-10 | 9 | $48 | $31 | $41.555 | $44.77 | -7.18% |
| 2021-11-15 | 8 | $48 | $35 | $43 | $44.77 | -3.95% |
| 2021-12-07 | 8 | $48 | $35 | $43.375 | $44.77 | -3.12% |
| 2021-12-08 | 8 | $63 | $35 | $45.5 | $44.77 | 1.63% |
| 2022-01-07 | 8 | $63 | $35 | $45.875 | $44.77 | 2.47% |
| 2022-02-02 | 9 | $63 | $35 | $45.666 | $44.77 | 2% |
| 2022-02-25 | 8 | $63 | $35 | $45.666 | $44.77 | 2% |
| 2022-02-28 | 8 | $63 | $35 | $47.222 | $44.77 | 5.48% |
| 2022-03-01 | 8 | $65 | $35 | $49.444 | $44.77 | 10.44% |
| 2022-03-04 | 9 | $65 | $35 | $50.555 | $44.77 | 12.92% |
| 2022-03-30 | 9 | $65 | $40 | $51.111 | $44.77 | 14.16% |
The Trend in the Analyst Price Target
CARG's average price target has moved up $16.38 over the prior 46 weeks.
Over the past 51 weeks, CARG's average upside potential has been 21.41%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-04-10 | 9 | 40 | 27 | 34.360 | 24.36 | 41.05% |
| 2021-11-10 | 9 | 48 | 31 | 41.555 | 38.01 | 9.33% |
| 2021-11-15 | 8 | 48 | 35 | 42.777 | 38.18 | 12.04% |
| 2022-02-25 | 8 | 63 | 35 | 45.666 | 46.44 | -1.67% |
| 2022-03-04 | 9 | 65 | 35 | 50.555 | 41.72 | 21.18% |
CARG Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.67 | 5 | 2 | 2 | 0 | 0 | 9 |
The Trend in the Broker Recommendations
CARG's average broker recommendation rating improved by 0.48 over the prior 43 weeks.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for CARG as an investment opportunity.
- In terms of how CarGurus Inc fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is greater than 265.69% of that group.
- CarGurus Inc's variance in analysts' estimates is lower than -870.82% of all US stocks.
- In the context of stocks in the mid market cap category, CarGurus Inc's number of analysts covering the stock is greater than 994.56% of them.
- CarGurus Inc's average analyst price target is higher than 603.78% of Business Services stocks.
In the Business Services industry, HHS, NVEE, and ASPS are the three stocks most similar to CarGurus Inc regarding the price target and analyst recommendation information presented here.
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