
CarGurus (CARG) Stock Forecast & Price Target
CarGurus (CARG) Analyst Ratings
Bulls say
CarGurus Inc. demonstrates a strong leadership position in the used auto lead generation market, aided by the introduction of new products that enhance upselling opportunities and increase wallet share among dealers. The company's ability to maintain and grow its market share against competitors reflects its effective strategies and a positive trajectory in dealer participation and premium product adoption. Additionally, the company shows potential for increased revenue generation through a growing dealer count and the early success of new vehicle lead initiatives, contributing to an optimistic outlook for future marketplace monetization.
Bears say
CarGurus Inc faces significant headwinds due to the increasing presence of Amazon in the used automotive space, which poses a potential threat to CarGurus' market share and inventory availability, both critical factors for attracting consumers. The company's revenue generation primarily hinges on its U.S. Marketplace segment, where any deceleration in growth or loss of competitive advantage could lead to a substantial reduction in consumer engagement and revenue stability. Furthermore, bearish forecasts suggest that if CarGurus' growth momentum slows, investors may reassess the company’s valuation multiples, further reflecting negatively on its financial outlook.
This aggregate rating is based on analysts' research of CarGurus and is not a guaranteed prediction by Public.com or investment advice.
CarGurus (CARG) Analyst Forecast & Price Prediction
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