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CARGCarGurus, Inc.Buy Wait6.1·$28.19+0.90%
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CarGurus, Inc. (CARG) Stock Analysis

Recovery setup

Buy WaitDEATH CROSS (EXEMPT)Moderate Confidence

Consumer Cyclical · Auto & Truck Dealerships

Wait — supporting gate not met yet. Price is at or below entry $28.50 but a supporting gate (fundamentals / technicals) still blocks BUY_NOW. Key risks: Thin upside margin: 9.2%; Weak growth.

CarGurus runs automotive shopping marketplaces in the U.S., Canada, and the U.K.—including PistonHeads and Autolist—connecting consumers with dealers, earning revenue from dealer subscriptions, OEM advertising, and financing partnerships. The company wound down its CarOffer... Read more

$28.19+14.1% A.UpsideScore 6.1/10#1 of 16 Auto & Truck Dealerships
QualityF-score8 / 9FCF yield8.71%
Entry $28.50(1 ATR pullback)Stop $26.51Target $32.52(analyst − 13%)A.R:R 0.9:1Setup A.R:R 2.0:1
Analyst target$37.38+32.6%13 analysts
$32.52our TP
$28.19price
$37.38mean
$43

Wait — supporting gate not met yet. Price is at or below entry $28.50 but a supporting gate (fundamentals / technicals) still blocks BUY_NOW. Key risks: Thin upside margin: 9.2%; Weak growth. Chart setup: Death cross but MACD improving, RSI 55. Wide-moat business. Accumulate on weakness. Score 6.1/10, moderate confidence.

Passes 8/10 gates (positive momentum, clean insider activity, positive momentum, no SEC red flags, news events none recent, earnings proximity 51d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

10-K grounded · weekly refresh

About CarGurus, Inc.

About CarGurus, Inc.

CarGurus' marketplace connects car shoppers with dealers across three geographies—the U.S., Canada, and the U.K.—plus the PistonHeads enthusiast platform in the U.K. and Autolist in the U.S. The board determined on August 6, 2025 to wind down CarOffer, LLC, and the business was considered abandoned for accounting purposes by December 31, 2025. The U.S. platform ranked first in automotive shopping site traffic in Q4 2025 according to Similarweb, with the largest inventory selection compared to Autotrader.com, Cars.com, TrueCar.com, and CARFAX.com. Beginning Q4 2025, CarGurus reports as a single segment.

Dealers pay monthly subscription fees for tiered listing packages—Enhanced, Featured+, and Featured Priority+—granting access to leads, pricing intelligence tools (PriceVantage, IMV Scan, Next Best Deal Rating), and conversion products (Digital Deal, Pre-Qualified Leads, LeadAI). The majority of dealer contracts carry one-month committed terms, exposing revenue to monthly churn if dealers reduce platform ROI attribution or consolidate. Auto manufacturers purchase targeted advertising through brand reinforcement, category sponsorship, and segment exclusivity products on CarGurus and third-party platforms. Financing revenue is earned on funded loans generated through Digital Deal pre-qualification. The 10-K identifies dealer consolidation as a structural risk: when dealers merge, the combined entity often purchases fewer subscriptions than predecessor firms did separately, compressing aggregate demand for the company's products and services.

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The 10-K identifies dependence on internet search engines—specifically Google, Bing, and Yahoo!—as a key traffic risk, noting that search engines now display AI-generated answer pages that may not surface the CarGurus website. The filing also notes that consumers may shift to AI-powered chatbots and virtual assistants rather than traditional search, which could reduce platform traffic independent of product quality. Separately, dealers face rising vehicle affordability pressures—elevated vehicle pricing, higher auto-finance rates, and rising insurance costs—that dampen consumer buying activity and may reduce the volume of transactions that CarGurus' platform facilitates.

See also: Consumer Cyclical · Auto & Truck Dealerships

From CarGurus, Inc.'s most recent 10-K filing, extracted June 9, 2026.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Aug 6, 202651d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
High-quality business
Attractive valuation
Risks
Thin upside margin: 9.2%
Weak growth
Below 200-MA, MA slope -1.2%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)14.7
P/E (Fwd)9.6
Mkt Cap$2.5B
EV/EBITDA9.8
Profit Mgn15.9%
ROE58.5%
Rev Growth14.8%
Beta1.21
DividendNone
Rating analysts20

Quality Signals

Piotroski F8/9MoatWideCompounder

Options Flow

P/C0.68bullish
IV118%elevated
Max Pain$43+52.5% vs spot

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.

Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers·1 ceiling hit

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
1.1
Support Resistance
2.5
52w Position
5.1

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Earnings Growth
0.3
Revenue Growth
6.2
GatesA.R:R 0.9 < 1.5@spotDeath cross exempted (quality + momentum high enough)Momentum 6.9>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 51d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Aggressive
RSI
55 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $26.78Resistance $30.77

Price Targets

$27
$29
$33
A.Upside+15.4%
A.R:R0.9:1

Position Sizing

ConvictionHigh conviction
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! asymmetry at 0.9 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-08-06 (51d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CARG stock a buy right now?

Wait — supporting gate not met yet. Price is at or below entry $28.50 but a supporting gate (fundamentals / technicals) still blocks BUY_NOW. Key risks: Thin upside margin: 9.2%; Weak growth. Chart setup: Death cross but MACD improving, RSI 55. Wide-moat business. Accumulate on weakness. Target $32.52 (+15.4%), stop $26.51 (−6.3%), Setup A.R:R 2.0:1. Score 6.1/10, moderate confidence.

What is the CARG stock price target?

Take-profit target: $32.52 (+14.1% upside). Target $32.52 (+15.4%), stop $26.51 (−6.3%), Setup A.R:R 2.0:1. Stop-loss: $26.51.

What are the risks of investing in CARG?

Thin upside margin: 9.2%; Weak growth; Below 200-MA, MA slope -1.2%/30d (confirmed downtrend).

Is CARG overvalued or undervalued?

CarGurus, Inc. trades at a P/E of 14.7 (forward 9.6). TrendMatrix value score: 7.7/10. Verdict: Buy (Wait for Entry).

What do analysts say about CARG?

20 analysts cover CARG with a consensus score of 3.9/5. Average price target: $37.

What does CarGurus, Inc. do?CarGurus runs automotive shopping marketplaces in the U.S., Canada, and the U.K.—including PistonHeads and...

CarGurus runs automotive shopping marketplaces in the U.S., Canada, and the U.K.—including PistonHeads and Autolist—connecting consumers with dealers, earning revenue from dealer subscriptions, OEM advertising, and financing partnerships. The company wound down its CarOffer digital wholesale platform in December 2025 and now reports as a single segment; the U.S. site ranked No. 1 in automotive shopping traffic in Q4 2025 per Similarweb.

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