Recent Investment Analysts’ Ratings Updates for CarGurus (CARG)

CarGurus (NASDAQ: CARG) has recently received a number of price target changes and ratings updates:

• 11/9/2026 – CarGurus was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 11/9/2026 – CarGurus had its price target raised by Citigroup from $39.00 to $41.00. They now have a “neutral” rating on the stock.
• 11/9/2026 – CarGurus had its price target raised by Barclays from $38.00 to $41.00. They now have an “overweight” rating on the stock.
• 11/6/2026 – CarGurus had its price target lowered by JPMorgan Chase & Co. from $42.00 to $37.00. They now have a “neutral” rating on the stock.
• 11/6/2026 – CarGurus had its price target lowered by Royal Bank Of Canada from $42.00 to $41.00. They now have an “outperform” rating on the stock.
• 10/31/2026 – CarGurus was upgraded by Wall Street Zen from “hold” to “buy”.
• 10/23/2026 – CarGurus was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 10/8/2026 – CarGurus was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 10/7/2026 – CarGurus had its price target lowered by UBS Group from $40.00 to $35.00. They now have a “neutral” rating on the stock.
• 10/6/2026 – CarGurus had its price target lowered by Barclays from $41.00 to $38.00. They now have an “overweight” rating on the stock.
• 10/3/2026 – CarGurus was downgraded by Wall Street Zen from “buy” to “hold”.

CarGurus Stock Performance

Shares of CARG opened at $34.69 on Wednesday. CarGurus, Inc. has a twelve month low of $26.39 and a twelve month high of $41.22. The firm’s 50 day moving average price is $32.11 and its 200 day moving average price is $32.86. The firm has a market cap of $3.09 billion, a PE ratio of 17.52, a PEG ratio of 1.23 and a beta of 1.22.

CarGurus (NASDAQ:CARG) last announced its earnings results on Thursday, November 5th. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.66 by $0.04. CarGurus had a net margin of 18.51% and a return on equity of 68.43%. The firm had revenue of $258.37 million for the quarter, compared to the consensus estimate of $256.46 million. During the same quarter last year, the firm posted $0.57 EPS. The business’s quarterly revenue was up 8.2% on a year-over-year basis. On average, sell-side analysts anticipate that CarGurus, Inc. will post 2.17 earnings per share for the current fiscal year.

Insider Transactions at CarGurus

In related news, COO Samuel Zales sold 10,000 shares of the company’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $32.33, for a total value of $323,300.00. Following the completion of the transaction, the chief operating officer directly owned 419,735 shares in the company, valued at approximately $13,570,032.55. This represents a 2.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ismail Elshareef sold 1,964 shares of CarGurus stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $32.33, for a total transaction of $63,496.12. Following the sale, the insider owned 123,670 shares in the company, valued at $3,998,251.10. This represents a 1.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 72,846 shares of company stock valued at $2,442,395. Company insiders own 18.19% of the company’s stock.

CarGurus, Inc. operates an online automotive marketplace that helps consumers research and compare vehicles and connect with dealerships. Its website and mobile apps feature new and used vehicle listings, search tools, vehicle information and pricing insights designed to help shoppers evaluate available cars. The company also provides dealerships with products and services to market inventory and engage with potential buyers through its platform. CarGurus was founded in 2006 by Langley Steinert, who previously co-founded TripAdvisor, and is headquartered in Cambridge, Massachusetts.