CarGurus Inc (CARG) Price Targets From Analysts
Use the tables below to see what analysts covering CarGurus Inc think about its future price and what recommendations they have for investors and traders.
| Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|
| 11 | $40 | $27 | $34.36 | $25.21 | 36.3% |
The Trend in the Analyst Price Target
Over the past 57 days, CARG's average price target has gone down $0.82.
CARG reports an average of 23.63% for its upside potential over the past 320 days.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-04-25 | 11 | 40 | 27.00 | 34.36 | 25.450 | 35.01% |
| 2021-04-17 | 11 | 40 | 27.00 | 34.36 | 25.280 | 35.92% |
| 2021-04-10 | 11 | 40 | 27.00 | 34.36 | 24.360 | 41.05% |
| 2021-04-03 | 11 | 40 | 27.00 | 34.73 | 24.505 | 41.73% |
| 2021-03-20 | 11 | 40 | 27.00 | 35.18 | 24.740 | 42.2% |
| 2021-03-13 | 11 | 40 | 27.00 | 35.18 | 25.150 | 39.88% |
| 2021-03-06 | 11 | 40 | 27.00 | 35.18 | 25.370 | 38.67% |
| 2021-02-27 | 11 | 40 | 27.00 | 35.18 | 25.950 | 35.57% |
| 2021-02-20 | 11 | 40 | 27.00 | 35.18 | 29.750 | 18.25% |
| 2021-02-13 | 11 | 40 | 25.00 | 34.55 | 32.120 | 7.57% |
| 2021-02-06 | 11 | 40 | 25.00 | 33.73 | 34.560 | -2.4% |
| 2021-01-30 | 11 | 40 | 25.00 | 33.73 | 29.250 | 15.32% |
| 2021-01-23 | 11 | 37 | 25.00 | 33.09 | 31.410 | 5.35% |
| 2021-01-16 | 12 | 37 | 25.00 | 33.08 | 31.900 | 3.7% |
| 2021-01-09 | 12 | 37 | 25.00 | 32.58 | 32.320 | 0.8% |
| 2021-01-02 | 12 | 37 | 25.00 | 32.58 | 31.730 | 2.68% |
| 2020-12-26 | 12 | 37 | 25.00 | 32.58 | 33.690 | -3.29% |
| 2020-12-19 | 12 | 37 | 25.00 | 32.58 | 34.090 | -4.43% |
| 2020-12-10 | 12 | 37 | 25.00 | 32.08 | 26.860 | 19.43% |
| 2020-12-07 | 12 | 37 | 25.00 | 32.08 | 24.140 | 32.89% |
| 2020-11-28 | 11 | 37 | 25.00 | 32.64 | 24.680 | 32.25% |
| 2020-11-15 | 9 | 37 | 25.00 | 32.44 | 22.130 | 46.59% |
| 2020-11-06 | 10 | 37 | 25.00 | 32.70 | 22.980 | 42.3% |
| 2020-10-27 | 10 | 39 | 26.00 | 34.30 | 20.240 | 69.47% |
| 2020-08-13 | 9 | 39 | 31.00 | 35.22 | 28.090 | 25.38% |
| 2020-08-07 | 9 | 39 | 28.00 | 34.11 | 29.985 | 13.76% |
| 2020-07-25 | 9 | 36 | 25.00 | 30.67 | 25.180 | 21.8% |
| 2020-06-29 | 9 | 36 | 25.00 | 30.67 | 24.500 | 25.18% |
| 2020-06-17 | 10 | 36 | 25.00 | 30.80 | 26.160 | 17.74% |
| 2020-06-10 | 10 | 36 | 25.00 | 30.90 | 27.050 | 14.23% |
| 2020-06-09 | 11 | 36 | 24.87 | 30.17 | 25.610 | 17.81% |
CARG Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.58 | 3 | 5 | 5 | 0 | 0 | 13 |
The Trend in the Broker Recommendations
Over the past 275 days, CARG's average broker recommendation rating worsened by 0.89.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- CARG has a greater number of analysts covering the stock than 75.94% of all US stocks.
- CarGurus Inc's upside potential (average analyst target price relative to current price) is greater than 84.61% of stocks in the mid market cap category.
- CarGurus Inc's variance in analysts' estimates is lower than 35.08% of Business Services stocks.
- The average analyst price target of CARG is higher than 43.15% of stocks in the mid market cap category.
In the Business Services industry, GDRX, DNB and PD are the three stocks most similar to CarGurus Inc regarding the price target and analyst recommendation information presented here.
Make investment decisions regarding CARG using the data that counts. Try POWR Ratings for free.