CarGurus (CARG) Stock Forecast for 2024–2028. Sell or Buy Prediction







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CarGurus (CARG) Stock Forecast for 2024–2028. Sell or Buy?

Updated: March 28, 2024 (13:31)

Sector: Technology

The share price of CarGurus, Inc. (CARG) now

Latest session on the 28th of March for
CarGurus, Inc. is positive
Trading Volume: 755957
Open: 23.1 /  High: 23.37 /  Low: 22.946
What analysts predict: $24.92
52-week High/Low: $24.64 / $15.34

50/200 Day Moving Average: $23.16 / $20.99

This figure corresponds to the Average Price over the previous 50/200 days. For CarGurus stocks, the 50-day moving average is the resistance level today.

For CarGurus stocks, the 200-day moving average is the support level today.

Are you interested in CarGurus, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the CarGurus stock price in 2024, 2025, 2026, 2027, 2028. How much will one CarGurus share be worth in 2024 - 2028?

When should I take profit in CarGurus stock? When should I record a loss on CarGurus stock? What are analysts' forecasts for CarGurus stock? What is the future of CarGurus stock? We forecast CarGurus stock performance using neural networks based on historical data on CarGurus stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

CarGurus stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for CarGurus shares. This happens once a day.


Historical and forecast chart of CarGurus stock

The chart below shows the historical price of CarGurus stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the CarGurus stock price can be found in the table below.

Long-term forecasts by years.

CarGurus Inc. operates an online automotive marketplace that connects buyers and sellers of new and used vehicles in the US and abroad. The company provides consumers with an online automotive marketplace where they can search for new and used vehicles from its dealers, as well as sell their vehicles in the US market. Its marketplace connects dealers with a large audience of informed and interested consumers.

CarGurus daily forecast for a month

Date Target Pes. Opt. Vol., %
Mar 30 23.86 23.68 24.34 2.79
Mar 31 24.14 23.77 24.36 2.45
Apr 01 23.81 23.45 24.45 4.27
Apr 02 24.02 23.38 24.62 5.29
Apr 03 24.72 24.26 25.40 4.67
Apr 04 25.24 24.67 25.93 5.08
Apr 05 25.20 24.86 25.54 2.73
Apr 06 25.48 25.26 25.80 2.15
Apr 07 26.18 25.85 26.81 3.69
Apr 08 26.20 25.49 26.69 4.71
Apr 09 25.39 25.13 25.87 2.97
Apr 10 25.86 25.40 26.32 3.60
Apr 11 25.52 24.93 25.96 4.12
Apr 12 25.47 25.09 26.12 4.09
Apr 13 25.49 24.97 25.68 2.86
Apr 14 25.74 25.17 25.99 3.26
Apr 15 25.51 25.24 26.05 3.18
Apr 16 25.27 24.84 25.77 3.74
Apr 17 24.45 23.87 25.00 4.73
Apr 18 24.22 23.83 24.56 3.06
Apr 19 24.19 23.60 24.46 3.66
Apr 20 24.36 23.90 24.62 3.00
Apr 21 24.02 23.36 24.36 4.28
Apr 22 24.56 24.32 25.12 3.32
Apr 23 24.81 24.60 25.48 3.60
Apr 24 25.17 24.99 25.41 1.69
Apr 25 25.36 25.02 25.70 2.73
Apr 26 24.96 24.59 25.42 3.38
Apr 27 24.91 24.35 25.11 3.11
Apr 28 24.82 24.16 25.23 4.42

CarGurus Daily Price Targets


CarGurus Stock Forecast 03-30-2024.

Forecast target price for 03-30-2024: $23.86.
Positive dynamics for CarGurus shares will prevail with possible volatility of 2.711%.
Pessimistic target level: 23.68
Optimistic target level: 24.34

CarGurus Stock Forecast 03-31-2024.

Forecast target price for 03-31-2024: $24.14.
Positive dynamics for CarGurus shares will prevail with possible volatility of 2.393%.
Pessimistic target level: 23.77
Optimistic target level: 24.36

CarGurus Stock Forecast 04-01-2024.

Forecast target price for 04-01-2024: $23.81.
Negative dynamics for CarGurus shares will prevail with possible volatility of 4.091%.
Pessimistic target level: 23.45
Optimistic target level: 24.45

CarGurus Stock Forecast 04-02-2024.

Forecast target price for 04-02-2024: $24.02.
Positive dynamics for CarGurus shares will prevail with possible volatility of 5.020%.
Pessimistic target level: 23.38
Optimistic target level: 24.62

CarGurus Stock Forecast 04-03-2024.

Forecast target price for 04-03-2024: $24.72.
Positive dynamics for CarGurus shares will prevail with possible volatility of 4.463%.
Pessimistic target level: 24.26
Optimistic target level: 25.40

CarGurus Stock Forecast 04-04-2024.

Forecast target price for 04-04-2024: $25.24.
Positive dynamics for CarGurus shares will prevail with possible volatility of 4.838%.
Pessimistic target level: 24.67
Optimistic target level: 25.93

CARG (CARG) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Apr. 21.92 20.00 23.71 15.64
May. 23.81 21.96 25.93 15.32
Jun. 23.38 21.50 25.26 14.88
Jul. 23.83 22.20 25.75 13.77
Aug. 23.83 22.49 25.46 11.68
Sep. 26.41 24.28 28.47 14.69
Oct. 29.16 26.85 31.26 14.10
Nov. 29.93 27.92 32.02 12.79
Dec. 29.54 28.26 30.60 7.64

CarGurus forecast for this year


CarGurus Stock Prediction for Apr 2024

An downtrend is forecast for this month with an optimal target price of $21.9194. Pessimistic: $20.00. Optimistic: $23.71


CarGurus Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $23.8132. Pessimistic: $21.96. Optimistic: $25.93


CarGurus Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $23.3846. Pessimistic: $21.50. Optimistic: $25.26


CarGurus Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $23.8335. Pessimistic: $22.20. Optimistic: $25.75


CarGurus Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $23.8335. Pessimistic: $22.49. Optimistic: $25.46


CarGurus Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $26.4076. Pessimistic: $24.28. Optimistic: $28.47


CarGurus Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $29.1645. Pessimistic: $26.85. Optimistic: $31.26


CarGurus Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $29.9345. Pessimistic: $27.92. Optimistic: $32.02


CarGurus Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $29.5393. Pessimistic: $28.26. Optimistic: $30.60



CarGurus (CARG) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 28.69 26.90 30.41 11.55
Feb 29.07 26.42 30.18 12.48
Mar 29.17 27.28 30.47 10.46
Apr 28.33 27.65 29.79 7.19
May 29.52 27.57 32.18 14.31
Jun 32.85 29.90 33.80 11.55
Jul 34.94 33.60 36.37 7.61
Aug 38.55 35.91 40.35 11.00
Sep 42.80 39.72 46.30 14.20
Oct 45.27 41.19 48.20 14.54
Nov 42.23 41.11 44.96 8.56
Dec 41.67 39.17 44.62 12.22

CarGurus (CARG) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 42.12 40.50 45.91 11.78
Feb 40.91 38.79 43.07 9.92
Mar 42.57 39.56 45.03 12.14
Apr 42.88 39.49 45.04 12.34
May 46.43 43.98 49.38 10.94
Jun 49.89 46.29 53.36 13.24
Jul 46.41 44.80 48.20 7.05
Aug 42.13 39.40 43.44 9.31
Sep 43.74 40.12 46.68 14.06
Oct 40.12 38.15 41.42 7.90
Nov 38.10 36.27 40.07 9.47
Dec 37.28 34.19 39.92 14.34

CarGurus (CARG) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 41.21 39.09 43.49 10.12
Feb 45.22 41.75 48.96 14.74
Mar 44.13 40.53 48.16 15.84
Apr 47.10 45.46 48.79 6.83
May 51.45 47.19 55.71 15.29
Jun 54.35 52.72 58.92 10.52
Jul 52.85 50.06 54.69 8.47
Aug 55.14 50.44 57.19 11.80
Sep 56.46 51.72 60.12 13.97
Oct 57.27 53.90 61.40 12.20
Nov 62.84 59.82 67.74 11.69
Dec 68.04 61.51 70.41 12.64

CarGurus (CARG) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 67.63 62.44 72.18 13.49
Feb 68.36 65.66 72.79 9.80
Mar 72.96 66.65 79.79 16.46
Apr 78.56 75.73 81.39 6.95
May 76.49 69.79 79.06 11.73
Jun 76.40 73.55 80.61 8.76
Jul 75.30 72.95 79.81 8.60
Aug 73.67 68.81 77.29 10.98
Sep 68.10 65.40 72.92 10.31
Oct 65.24 59.60 71.35 16.46
Nov 62.50 59.57 66.70 10.68
Dec 67.60 61.19 71.09 13.92

CarGurus information and performance

CarGurus Address

2 CANAL PARK, 4TH FLOOR, CAMBRIDGE, MA, US

Market Capitalization: 2 492 585 000 $

Market capitalization of the CarGurus, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of CARG shares in the company outstanding by the market price of one share.

EBITDA: 66 364 000 $

EBITDA of CarGurus is earnings before interest, income tax and depreciation of assets.

PE Ratio: 122.11

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.405

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 0.19

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.166
Quarterly Revenue Growth YOY: -0.222
Trailing PE: 122.11

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 18.25

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 2.596

Enterprise Value (EV) /Revenue

EV To EBITDA: 29.27

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 91440000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.