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: May 30, 2024 (23:58)

Sector: Technology

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

Latest session on the 30th of May for
CarGurus, Inc. is positive
Trading Volume: 614351
Open: 23.54 /  High: 23.99 /  Low: 23.51
What analysts predict: $26.09
52-week High/Low: $24.98 / $16.7

50/200 Day Moving Average: $23.06 / $21.25

This figure corresponds to the Average Price over the previous 50/200 days. For CarGurus stocks, the 50-day moving average is the support 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., %
Jun 01 23.79 23.28 24.36 4.63
Jun 02 23.88 23.38 24.33 4.04
Jun 03 23.18 22.89 23.55 2.89
Jun 04 22.93 22.57 23.31 3.29
Jun 05 23.57 23.25 24.10 3.68
Jun 06 23.57 23.29 23.72 1.82
Jun 07 23.67 23.25 24.04 3.42
Jun 08 23.83 23.38 24.24 3.67
Jun 09 23.57 23.25 24.05 3.44
Jun 10 23.77 23.30 24.01 3.06
Jun 11 23.34 23.01 23.63 2.68
Jun 12 23.22 22.96 23.66 3.06
Jun 13 23.81 23.62 24.14 2.18
Jun 14 23.46 23.26 23.61 1.51
Jun 15 23.44 23.16 24.01 3.68
Jun 16 23.23 23.08 23.73 2.84
Jun 17 23.15 22.75 23.69 4.15
Jun 18 23.39 23.18 23.89 3.06
Jun 19 23.20 22.73 23.71 4.32
Jun 20 23.47 23.12 23.88 3.29
Jun 21 23.56 23.06 24.03 4.20
Jun 22 23.45 23.19 23.90 3.10
Jun 23 23.22 22.87 23.78 3.96
Jun 24 23.67 23.50 23.94 1.87
Jun 25 23.76 23.27 23.99 3.06
Jun 26 24.07 23.82 24.29 1.97
Jun 27 23.73 23.44 24.03 2.49
Jun 28 23.33 23.03 23.61 2.55
Jun 29 22.74 22.28 22.99 3.18
Jun 30 22.63 22.49 22.97 2.11

CarGurus Daily Price Targets


CarGurus Stock Forecast 06-01-2024.

Forecast target price for 06-01-2024: $23.79.
Positive dynamics for CarGurus shares will prevail with possible volatility of 4.424%.
Pessimistic target level: 23.28
Optimistic target level: 24.36

CarGurus Stock Forecast 06-02-2024.

Forecast target price for 06-02-2024: $23.88.
Positive dynamics for CarGurus shares will prevail with possible volatility of 3.887%.
Pessimistic target level: 23.38
Optimistic target level: 24.33

CarGurus Stock Forecast 06-03-2024.

Forecast target price for 06-03-2024: $23.18.
Negative dynamics for CarGurus shares will prevail with possible volatility of 2.805%.
Pessimistic target level: 22.89
Optimistic target level: 23.55

CarGurus Stock Forecast 06-04-2024.

Forecast target price for 06-04-2024: $22.93.
Negative dynamics for CarGurus shares will prevail with possible volatility of 3.187%.
Pessimistic target level: 22.57
Optimistic target level: 23.31

CarGurus Stock Forecast 06-05-2024.

Forecast target price for 06-05-2024: $23.57.
Positive dynamics for CarGurus shares will prevail with possible volatility of 3.549%.
Pessimistic target level: 23.25
Optimistic target level: 24.10

CarGurus Stock Forecast 06-06-2024.

Forecast target price for 06-06-2024: $23.57.
Negative dynamics for CarGurus shares will prevail with possible volatility of 1.789%.
Pessimistic target level: 23.29
Optimistic target level: 23.72

CARG (CARG) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 23.95 22.94 24.78 7.42
Jul. 26.02 23.61 27.26 13.40
Aug. 25.27 23.33 26.27 11.20
Sep. 25.69 23.22 27.69 16.14
Oct. 22.67 21.99 24.33 9.62
Nov. 22.02 20.17 22.62 10.86
Dec. 23.79 21.79 24.67 11.69

CarGurus forecast for this year


CarGurus Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $23.9463. Pessimistic: $22.94. Optimistic: $24.78


CarGurus Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $26.0153. Pessimistic: $23.61. Optimistic: $27.26


CarGurus Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $25.266. Pessimistic: $23.33. Optimistic: $26.27


CarGurus Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $25.6905. Pessimistic: $23.22. Optimistic: $27.69


CarGurus Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $22.6693. Pessimistic: $21.99. Optimistic: $24.33


CarGurus Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $22.0164. Pessimistic: $20.17. Optimistic: $22.62


CarGurus Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $23.7865. Pessimistic: $21.79. Optimistic: $24.67



CarGurus (CARG) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 24.76 24.16 26.18 7.72
Mar 25.14 24.18 26.05 7.18
Mar 25.90 23.82 26.67 10.72
Apr 23.50 21.28 24.32 12.52
May 20.83 20.03 22.62 11.49
Jun 20.33 19.57 21.91 10.69
Jul 21.28 20.38 22.02 7.42
Aug 21.97 20.65 23.23 11.12
Sep 23.13 22.54 23.96 5.91
Oct 22.46 21.73 23.94 9.23
Nov 23.24 21.26 24.13 11.90
Dec 25.58 23.22 26.81 13.40

CarGurus (CARG) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 23.34 22.08 24.13 8.48
Mar 23.23 22.34 24.93 10.40
Mar 22.51 21.02 24.13 12.87
Apr 23.07 21.88 24.98 12.41
May 24.21 22.61 26.10 13.36
Jun 24.73 23.28 26.33 11.61
Jul 25.47 24.86 27.03 8.03
Aug 25.90 24.47 28.11 12.94
Sep 23.07 21.63 25.18 14.08
Oct 20.77 19.70 22.35 11.83
Nov 18.86 17.25 20.44 15.61
Dec 18.74 18.07 19.69 8.23

CarGurus (CARG) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 18.49 17.50 20.16 13.21
Mar 18.63 18.00 19.34 6.93
Mar 19.57 18.20 21.23 14.26
Apr 21.07 20.51 22.23 7.73
May 21.25 19.23 22.88 15.94
Jun 23.62 21.72 25.15 13.64
Jul 22.88 21.89 23.43 6.56
Aug 23.57 22.38 24.95 10.31
Sep 22.78 21.93 24.00 8.65
Oct 22.26 21.35 24.31 12.19
Nov 22.18 21.03 23.08 8.88
Dec 22.31 21.10 24.00 12.05

CarGurus (CARG) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 23.38 21.81 24.70 11.70
Mar 23.07 21.63 23.90 9.50
Mar 22.19 20.48 23.89 14.26
Apr 21.92 20.24 23.55 14.07
May 21.10 19.74 22.45 12.07
Jun 23.41 22.12 24.70 10.46
Jul 25.35 23.61 27.48 14.06
Aug 24.98 23.27 25.58 9.02
Sep 25.67 24.10 26.90 10.42
Oct 26.59 25.61 28.03 8.65
Nov 26.53 25.26 28.15 10.29
Dec 26.09 24.58 27.74 11.40

CarGurus information and performance

CarGurus Address

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

Market Capitalization: 2 442 260 000 $

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: 74 494 000 $

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

PE Ratio: 80.83

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

PEG Ratio: 1.354

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: 0.29

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

Quarterly Earnings Growth YOY: 0.942
Quarterly Revenue Growth YOY: -0.07
Trailing PE: 80.83

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: 17.61

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

EV To Revenue: 2.499

Enterprise Value (EV) /Revenue

EV To EBITDA: 28.17

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

Shares Outstanding: 88193000

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.