CarGurus, Inc. - (CARG) Social Stream



CarGurus, Inc. - (CARG): $17.52

0.21 (-1.18%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

B

Add CARG to Watchlist
Sign Up

Industry: Internet

Industry

D

Ranked

#25 of 59

in industry

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 $17.54 112.84%
2021-11-10 9 $48 $31 $41.555 $17.54 136.92%
2021-11-15 8 $48 $35 $43 $17.54 145.15%
2021-12-07 8 $48 $35 $43.375 $17.54 147.29%
2021-12-08 8 $63 $35 $45.5 $17.54 159.41%
2022-01-07 8 $63 $35 $45.875 $17.54 161.55%
2022-02-02 9 $63 $35 $45.666 $17.54 160.35%
2022-02-25 8 $63 $35 $45.666 $17.54 160.35%
2022-02-28 8 $63 $35 $47.222 $17.54 169.22%
2022-03-01 8 $65 $35 $49.444 $17.54 181.89%
2022-03-04 9 $65 $35 $50.555 $17.54 188.23%
2022-03-30 9 $65 $40 $51.111 $17.54 191.4%
2022-05-06 9 $63 $40 $50.333 $17.54 186.96%
2022-05-10 10 $63 $31 $44.9 $17.54 155.99%
2022-05-11 10 $53 $31 $41.363 $17.54 135.82%
2022-06-01 11 $53 $31 $40.545 $17.54 131.16%
2022-06-21 12 $53 $31 $39.636 $17.54 125.97%
2022-07-25 13 $50 $31 $38.09 $17.54 117.16%
2022-08-09 12 $50 $27 $34.454 $17.54 96.43%
2022-09-09 12 $50 $26 $33.909 $17.54 93.32%
2022-09-20 12 $50 $21 $32.636 $17.54 86.07%
2022-09-30 12 $43 $20 $30.727 $17.54 75.18%
2022-10-06 12 $43 $20 $29.636 $17.54 68.96%
2022-10-18 12 $43 $20 $29 $17.54 65.34%
2022-10-26 12 $43 $18 $28.818 $17.54 64.3%
2022-11-09 13 $43 $16 $25.181 $17.54 43.56%
2022-12-08 13 $43 $11.5 $20.863 $17.54 18.95%
2023-01-09 14 $43 $11.5 $20.291 $17.54 15.68%
2023-02-06 13 $37 $11.5 $18.59 $17.54 5.99%
2023-02-16 13 $37 $11.5 $18.59 $17.54 5.99%
2023-03-01 13 $37 $11.5 $20.136 $17.54 14.8%
2023-04-24 13 $37 $12 $21 $17.54 19.73%
2023-05-11 12 $37 $12 $21.6 $17.54 23.15%
2023-05-12 12 $37 $12 $21.9 $17.54 24.86%
2023-06-27 12 $37 $12 $22.545 $17.54 28.53%
2023-06-29 12 $37 $12 $23.181 $17.54 32.16%
2023-07-13 12 $37 $15 $23.454 $17.54 33.72%
2023-07-20 12 $37 $15 $24.09 $17.54 37.34%
2023-07-25 12 $37 $15 $24.363 $17.54 38.9%
2023-08-01 12 $37 $15 $24.909 $17.54 42.01%
2023-08-11 12 $37 $15 $25.272 $17.54 44.08%
2023-08-14 12 $37 $15 $25.09 $17.54 43.04%
2023-09-15 13 $28 $15 $23.636 $17.54 34.75%

The Trend in the Analyst Price Target


CARG's average price target has moved down $22.03 over the prior 20 months.

CARG reports an average of 32.36% for its upside potential over the past 50 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2022-09-30 12 43 20.0 30.727 14.17 116.85%
2023-01-09 13 37 11.5 18.227 15.46 17.9%
2023-01-09 13 43 11.5 20.291 15.46 31.25%
2023-08-11 12 37 15.0 25.272 18.41 37.27%
2023-09-15 13 28 15.0 23.636 17.64 33.99%

CARG Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2.08 6 2 4 1 1 13

The Trend in the Broker Recommendations


CARG's average broker recommendation rating improved by 0.12 over the prior 25 months.

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.

  • CARG has a lower variance in analysts' estimates than -3950.8% of all US stocks.
  • In terms of how CARGURUS INC fares relative to stocks in the mid market cap category, note that its number of analysts covering the stock is greater than 4323.78% of that group.
  • CARGURUS INC's upside potential (average analyst target price relative to current price) is higher than 3557.55% of stocks in the mid market cap category.
  • CARGURUS INC's average analyst price target is higher than 1875.13% of Consumer Cyclical stocks.

In the Business Services industry, CARS, YEXT, and TRVG are the three stocks most similar to CARGURUS INC regarding the price target and analyst recommendation information presented here.

Is CARG a Buy, Hold or Sell? See the POWR Ratings now!


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!