(CARG) CarGurus - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US1417881091

Stock: Marketplace, Listings, Digital Deal, Finance, Sell, Insights

Total Rating 42
Risk 88
Buy Signal -0.83
Auto & Truck Dealerships » Interactive Media & Services
Age: 8.3y
Market Cap: 3,216m
Avg Trading Vol: 27.7M USD
ATR: 4.44%
Peers RS (IBD): 48.72

EPS (Earnings per Share)

EPS (Earnings per Share) of CARG over the last years for every Quarter: "2020-12": 0.32, "2021-03": 0.33, "2021-06": 0.41, "2021-09": 0.38, "2021-12": 0.43, "2022-03": 0.36, "2022-06": 0.32, "2022-09": 0.21, "2022-12": 0.22, "2023-03": 0.26, "2023-06": 0.29, "2023-09": 0.34, "2023-12": 0.35, "2024-03": 0.32, "2024-06": 0.41, "2024-09": 0.45, "2024-12": 0.55, "2025-03": 0.46, "2025-06": 0.57, "2025-09": 0.57, "2025-12": 0,
EPS CAGR: -47.78%
EPS Trend: 30.7%
Last SUE: -4.00
Qual. Beats: 0

Revenue

Revenue of CARG over the last years for every Quarter: 2020-12: 151.553, 2021-03: 171.368, 2021-06: 217.748, 2021-09: 222.915, 2021-12: 339.342, 2022-03: 430.608, 2022-06: 511.229, 2022-09: 426.454, 2022-12: 286.744, 2023-03: 231.963, 2023-06: 239.737, 2023-09: 219.419, 2023-12: 223.123, 2024-03: 215.796, 2024-06: 218.692, 2024-09: 231.358, 2024-12: 228.538, 2025-03: 225.158, 2025-06: 234.033, 2025-09: 238.696, 2025-12: null,
Rev. CAGR: -8.96%
Rev. Trend: -73.7%
Last SUE: 1.12
Qual. Beats: 1
Risk 5d forecast
Volatility 38.8%
Relative Tail Risk -9.17%
Reward TTM
Sharpe Ratio -0.67
Alpha -45.09
Character TTM
Beta 1.147
Beta Downside 1.172
Drawdowns 3y
Max DD 37.88%
CAGR/Max DD 0.55

Description: CARG CarGurus January 12, 2026

CarGurus, Inc. (NASDAQ:CARG) runs a dual-segment online automotive platform-U.S. Marketplace and Digital Wholesale-that connects consumers with new and used car listings and equips dealers with data-driven insights. Its suite includes Digital Deal (direct purchase from vehicle detail pages), Finance in Advance (pre-qualified financing), and “Sell My Car” tools that generate trade-in offers or instant cash bids, while also monetizing through dealer listings, advertising products, and niche sites such as Autolist and PistonHeads.

Key recent metrics indicate the company’s growth trajectory: Q4 2023 revenue rose 12% YoY to $274 million, driven by a 15% increase in active dealer listings; the average monthly unique visitor count surpassed 30 million, reflecting strong consumer engagement. CarGurus benefits from macro-level trends like rising vehicle turnover rates and higher digital adoption in auto shopping, while its margins are pressured by rising dealer acquisition costs and competitive ad spend.

For a deeper, data-driven valuation, see the analysis on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 10.0

Net Income: 152.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.38 > 0.02 and ΔFCF/TA 25.63 > 1.0
NWC/Revenue: 18.95% < 20% (prev 24.30%; Δ -5.36% < -1%)
CFO/TA 0.44 > 3% & CFO 287.9m > Net Income 152.0m
Net Debt (14.4m) to EBITDA (237.7m): 0.06 < 3
Current Ratio: 2.87 > 1.5 & < 3
Outstanding Shares: last quarter (99.7m) vs 12m ago -5.08% < -2%
Gross Margin: 88.15% > 18% (prev 0.79%; Δ 8735 % > 0.5%)
Asset Turnover: 128.8% > 50% (prev 114.2%; Δ 14.55% > 0%)
Interest Coverage Ratio: 9.46 > 6 (EBITDA TTM 237.7m / Interest Expense TTM 22.2m)

Altman Z'' 6.88

A: 0.27 (Total Current Assets 269.4m - Total Current Liabilities 93.9m) / Total Assets 660.5m
B: 0.56 (Retained Earnings 367.2m / Total Assets 660.5m)
C: 0.29 (EBIT TTM 210.1m / Avg Total Assets 719.3m)
D: 1.29 (Book Value of Equity 368.7m / Total Liabilities 285.0m)
Altman-Z'' Score: 6.88 = AAA

Beneish M -3.51

DSRI: 0.85 (Receivables 39.6m/44.5m, Revenue 926.4m/889.0m)
GMI: 0.90 (GM 88.15% / 79.33%)
AQI: 0.84 (AQ_t 0.21 / AQ_t-1 0.25)
SGI: 1.04 (Revenue 926.4m / 889.0m)
TATA: -0.21 (NI 152.0m - CFO 287.9m) / TA 660.5m)
Beneish M-Score: -3.51 (Cap -4..+1) = AAA

What is the price of CARG shares?

As of February 07, 2026, the stock is trading at USD 28.61 with a total of 1,355,954 shares traded.
Over the past week, the price has changed by -11.70%, over one month by -25.61%, over three months by -13.64% and over the past year by -26.70%.

Is CARG a buy, sell or hold?

CarGurus has received a consensus analysts rating of 4.15. Therefore, it is recommended to buy CARG.
  • StrongBuy: 6
  • Buy: 3
  • Hold: 4
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the CARG price?

Issuer Target Up/Down from current
Wallstreet Target Price 40.9 42.9%
Analysts Target Price 40.9 42.9%
ValueRay Target Price 29 1.2%

CARG Fundamental Data Overview February 03, 2026

P/E Trailing = 21.8919
P/E Forward = 13.369
P/S = 3.4714
P/B = 8.2411
P/EG = 1.0278
Revenue TTM = 926.4m USD
EBIT TTM = 210.1m USD
EBITDA TTM = 237.7m USD
Long Term Debt = 193.3m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 9.32m USD (from shortTermDebt, last quarter)
Debt = 193.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 14.4m USD (from netDebt column, last quarter)
Enterprise Value = 3.23b USD (3.22b + Debt 193.3m - CCE 178.8m)
Interest Coverage Ratio = 9.46 (Ebit TTM 210.1m / Interest Expense TTM 22.2m)
EV/FCF = 12.84x (Enterprise Value 3.23b / FCF TTM 251.6m)
FCF Yield = 7.79% (FCF TTM 251.6m / Enterprise Value 3.23b)
FCF Margin = 27.15% (FCF TTM 251.6m / Revenue TTM 926.4m)
Net Margin = 16.41% (Net Income TTM 152.0m / Revenue TTM 926.4m)
Gross Margin = 88.15% ((Revenue TTM 926.4m - Cost of Revenue TTM 109.8m) / Revenue TTM)
Gross Margin QoQ = 89.46% (prev 87.33%)
Tobins Q-Ratio = 4.89 (Enterprise Value 3.23b / Total Assets 660.5m)
Interest Expense / Debt = 4.45% (Interest Expense 8.60m / Debt 193.3m)
Taxrate = 20.95% (11.8m / 56.6m)
NOPAT = 166.1m (EBIT 210.1m * (1 - 20.95%))
Current Ratio = 2.87 (Total Current Assets 269.4m / Total Current Liabilities 93.9m)
Debt / Equity = 0.51 (Debt 193.3m / totalStockholderEquity, last quarter 375.4m)
Debt / EBITDA = 0.06 (Net Debt 14.4m / EBITDA 237.7m)
Debt / FCF = 0.06 (Net Debt 14.4m / FCF TTM 251.6m)
Total Stockholder Equity = 438.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 21.13% (Net Income 152.0m / Total Assets 660.5m)
RoE = 34.65% (Net Income TTM 152.0m / Total Stockholder Equity 438.7m)
RoCE = 33.24% (EBIT 210.1m / Capital Employed (Equity 438.7m + L.T.Debt 193.3m))
RoIC = 37.86% (NOPAT 166.1m / Invested Capital 438.7m)
WACC = 9.76% (E(3.22b)/V(3.41b) * Re(10.14%) + D(193.3m)/V(3.41b) * Rd(4.45%) * (1-Tc(0.21)))
Discount Rate = 10.14% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -5.21%
[DCF Debug] Terminal Value 75.75% ; FCFF base≈189.7m ; Y1≈234.0m ; Y5≈398.6m
Fair Price DCF = 60.76 (EV 4.95b - Net Debt 14.4m = Equity 4.94b / Shares 81.2m; r=9.76% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 30.71 | EPS CAGR: -47.78% | SUE: -4.0 | # QB: 0
Revenue Correlation: -73.74 | Revenue CAGR: -8.96% | SUE: 1.12 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.56 | Chg30d=-0.003 | Revisions Net=-2 | Analysts=11
EPS next Year (2026-12-31): EPS=2.52 | Chg30d=-0.024 | Revisions Net=-3 | Growth EPS=+16.5% | Growth Revenue=+6.1%

Additional Sources for CARG Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle