Analyst Price Target is $36.56
▲ +7.83% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for CarGurus in the last 3 months. The average price target is $36.56, with a high forecast of $40.00 and a low forecast of $27.00. The average price target represents a 7.83% upside from the last price of $33.90.
Current Consensus is
The current consensus among 9 contributing investment analysts is to buy stock in CarGurus. This Buy consensus rating has held steady for over two years.
Cargurus, Inc. engages in the provision of online auto shopping. The firm offers proprietary technology, search algorithms and data analytics to analyze new and used car listings. It operates through the following segments: United States and International. The United States segment derives revenues from marketplace subscriptions, advertising services and other revenues from customers within the United States. The International segment includes the revenues from marketplace subscriptions, advertising services and other revenues from customers outside of the United States. The company was founded by Langley Steinert on November 10, 2005 and is headquartered in Cambridge, MA.