CarGurus (CARG)
(Real Time Quote from BATS)
$31.71 USD
+0.26 (0.83%)
Updated Oct 16, 2024 03:38 PM ET
3-Hold of 5 3
C Value A Growth D Momentum B VGM
CarGurus (CARG) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$28.96 | $35.00 | $16.00 | -7.92% |
Price Target
Based on short-term price targets offered by 12 analysts, the average price target for CarGurus comes to $28.96. The forecasts range from a low of $16.00 to a high of $35.00. The average price target represents a decline of 7.92% from the last closing price of $31.45.
Analyst Price Targets (12)
Broker Rating
CarGurus currently has an average brokerage recommendation (ABR) of 1.92 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms. The current ABR compares to an ABR of 1.92 a month ago based on 13 recommendations.
Of the 13 recommendations deriving the current ABR, seven are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 53.85% and 15.38% of all recommendations. A month ago, Strong Buy made up 53.85%, while Buy represented 15.38%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 7 | 7 | 8 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 3 | 3 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 1.92 | 1.92 | 1.92 | 1.92 | 1.86 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
10/4/2024 | UBS | Kunal Madhukar | Hold | Hold |
9/9/2024 | JMP Securities | Nicholas Jones | Strong Buy | Strong Buy |
8/12/2024 | D.A. Davidson | Tom White | Hold | Hold |
8/9/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
8/9/2024 | Piper Sandler | Alexander E Potter | Strong Sell | Strong Sell |
8/9/2024 | BTIG | Marvin Fong | Strong Buy | Strong Buy |
8/9/2024 | Needham & Company | Christopher A Pierce | Moderate Buy | Moderate Buy |
8/9/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/8/2024 | William Blair | Ralph E Schackart | Strong Buy | Strong Buy |
8/2/2024 | B. Riley Securities | Naved Khan | Strong Buy | Strong Buy |
7/22/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/3/2024 | Not Identified | Not Identified | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.92 |
ABR (Last week) | 1.92 |
# of Recs in ABR | 13 |
Average Target Price | $28.96 |
LT Growth Rate | 17.50% |
Industry | Automotive - Replacement Parts |
Industry Rank by ABR | 109 of 252 |
Current Quarter EPS Est: | 0.43 |
CARG FAQs
CarGurus, Inc. (CARG) currently has an average brokerage recommendation (ABR) of 1.92 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms.
The average price target for CarGurus, Inc. (CARG) is $28.96. The current on short-term price targets is based on 6 reports.
The forecasts for CarGurus, Inc. (CARG) range from a low of $16 to a high of $35. The average price target represents a decline of $7.92 from the last closing price of $31.45.
The current DOWNSIDE for CarGurus, Inc. (CARG) is 7.92%
Based on short-term price targets offered by 12 analysts, the average price target for CarGurus comes to $28.96. The forecasts range from a low of $16.00 to a high of $35.00. The average price target represents a decline of 7.92% from the last closing price of $31.45.