CarGurus (CARG)
(Delayed Data from NSDQ)
$25.30 USD
-0.19 (-0.75%)
Updated Jul 12, 2024 04:00 PM ET
After-Market: $25.30 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
D Value A Growth C Momentum B VGM
CarGurus (CARG) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$26.79 | $30.00 | $15.00 | 5.10% |
Price Target
Based on short-term price targets offered by 12 analysts, the average price target for CarGurus comes to $26.79. The forecasts range from a low of $15.00 to a high of $30.00. The average price target represents an increase of 5.1% from the last closing price of $25.49.
Analyst Price Targets (12)
Broker Rating
CarGurus currently has an average brokerage recommendation (ABR) of 1.86 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 14 brokerage firms. The current ABR compares to an ABR of 1.86 a month ago based on 14 recommendations.
Of the 14 recommendations deriving the current ABR, eight are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 57.14% and 14.29% of all recommendations. A month ago, Strong Buy made up 57.14%, while Buy represented 14.29%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 8 | 8 | 7 | 7 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 3 | 3 | 3 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 1.86 | 1.86 | 1.86 | 2.00 | 2.00 |
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 |
---|---|---|---|---|
7/3/2024 | Not Identified | Not Identified | Hold | Hold |
6/7/2024 | JMP Securities | Nicholas Jones | Hold | Strong Buy |
5/10/2024 | Needham & Company | Christopher A Pierce | Moderate Buy | Moderate Buy |
5/10/2024 | Piper Sandler | Alexander E Potter | Strong Sell | Strong Sell |
4/29/2024 | B. Riley Securities | Naved Khan | Strong Buy | Strong Buy |
4/3/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
3/15/2024 | UBS | Kunal Madhukar | Hold | Hold |
3/15/2024 | The Benchmark Company | Daniel L Kurnos | Strong Buy | Strong Buy |
2/27/2024 | BTIG | Marvin Fong | Strong Buy | Strong Buy |
2/27/2024 | D.A. Davidson | Tom White | Hold | Hold |
2/27/2024 | William Blair | Ralph E Schackart | Strong Buy | Strong Buy |
2/27/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
11/10/2023 | Not Identified | Not Identified | Strong Buy | Strong Buy |
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 | 1.86 |
ABR (Last week) | 1.86 |
# of Recs in ABR | 14 |
Average Target Price | $26.79 |
LT Growth Rate | 17.50% |
Industry | Automotive - Replacement Parts |
Industry Rank by ABR | 205 of 252 |
Current Quarter EPS Est: | 0.34 |