CarGurus (CARG) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

CarGurus (CARG) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: December 5, 2023 (13:31)

Sector: Technology

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

Latest session on the 5th of December for
CarGurus, Inc. is negative
Trading Volume: 776446
Open: 21.55 /  High: 21.8 /  Low: 21.295
What analysts predict: $23.09
52-week High/Low: $24.22 / $11.81

50/200 Day Moving Average: $18.63 / $18.95

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., %
Dec 07 21.41 21.01 21.89 4.21
Dec 08 21.13 20.67 21.54 4.22
Dec 09 20.57 20.02 20.74 3.60
Dec 10 20.37 20.13 20.62 2.41
Dec 11 20.57 20.35 20.94 2.90
Dec 12 21.00 20.81 21.31 2.44
Dec 13 20.64 20.33 20.97 3.13
Dec 14 20.46 19.91 20.69 3.88
Dec 15 20.44 19.93 20.95 5.13
Dec 16 20.54 20.11 20.85 3.68
Dec 17 20.43 20.08 20.81 3.60
Dec 18 20.24 19.67 20.40 3.67
Dec 19 20.26 19.84 20.53 3.50
Dec 20 19.90 19.39 20.07 3.52
Dec 21 20.29 19.93 20.48 2.78
Dec 22 20.74 20.34 21.05 3.50
Dec 23 20.93 20.69 21.28 2.83
Dec 24 20.67 20.46 21.05 2.86
Dec 25 20.08 19.83 20.33 2.52
Dec 26 19.98 19.43 20.43 5.18
Dec 27 20.14 19.66 20.55 4.52
Dec 28 20.06 19.69 20.22 2.67
Dec 29 19.98 19.45 20.34 4.56
Dec 30 19.80 19.47 20.07 3.06
Dec 31 20.18 20.02 20.59 2.89
Jan 01 20.33 19.96 20.81 4.24
Jan 02 20.48 20.24 20.75 2.51
Jan 03 20.00 19.74 20.53 4.01
Jan 04 20.35 20.14 20.67 2.62
Jan 05 19.90 19.49 20.04 2.86

CarGurus Daily Price Targets


CarGurus Stock Forecast 12-07-2023.

Forecast target price for 12-07-2023: $21.41.
Negative dynamics for CarGurus shares will prevail with possible volatility of 4.039%.
Pessimistic target level: 21.01
Optimistic target level: 21.89

CarGurus Stock Forecast 12-08-2023.

Forecast target price for 12-08-2023: $21.13.
Negative dynamics for CarGurus shares will prevail with possible volatility of 4.051%.
Pessimistic target level: 20.67
Optimistic target level: 21.54

CarGurus Stock Forecast 12-09-2023.

Forecast target price for 12-09-2023: $20.57.
Negative dynamics for CarGurus shares will prevail with possible volatility of 3.472%.
Pessimistic target level: 20.02
Optimistic target level: 20.74

CarGurus Stock Forecast 12-10-2023.

Forecast target price for 12-10-2023: $20.37.
Negative dynamics for CarGurus shares will prevail with possible volatility of 2.352%.
Pessimistic target level: 20.13
Optimistic target level: 20.62

CarGurus Stock Forecast 12-11-2023.

Forecast target price for 12-11-2023: $20.57.
Positive dynamics for CarGurus shares will prevail with possible volatility of 2.819%.
Pessimistic target level: 20.35
Optimistic target level: 20.94

CarGurus Stock Forecast 12-12-2023.

Forecast target price for 12-12-2023: $21.00.
Positive dynamics for CarGurus shares will prevail with possible volatility of 2.379%.
Pessimistic target level: 20.81
Optimistic target level: 21.31

CARG (CARG) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan. 20.93 19.49 22.58 13.68
Feb. 21.08 19.31 22.01 12.29
Mar. 20.29 19.00 22.14 14.19
Apr. 18.83 17.59 19.49 9.74
May. 17.88 16.77 19.51 14.08
Jun. 17.80 17.18 18.71 8.22
Jul. 17.39 16.45 18.18 9.53
Aug. 16.89 15.41 17.84 13.63
Sep. 16.50 15.10 16.96 10.98
Oct. 17.02 15.88 17.43 8.91
Nov. 17.51 16.16 18.58 13.00
Dec. 18.43 16.75 19.32 13.28

CarGurus forecast for this year


CarGurus Stock Prediction for Jan 2024

An downtrend is forecast for this month with an optimal target price of $20.9255. Pessimistic: $19.49. Optimistic: $22.58


CarGurus Stock Prediction for Feb 2024

An uptrend is forecast for this month with an optimal target price of $21.0762. Pessimistic: $19.31. Optimistic: $22.01


CarGurus Stock Prediction for Mar 2024

An downtrend is forecast for this month with an optimal target price of $20.2922. Pessimistic: $19.00. Optimistic: $22.14


CarGurus Stock Prediction for Apr 2024

An downtrend is forecast for this month with an optimal target price of $18.8311. Pessimistic: $17.59. Optimistic: $19.49


CarGurus Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $17.882. Pessimistic: $16.77. Optimistic: $19.51


CarGurus Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $17.7962. Pessimistic: $17.18. Optimistic: $18.71


CarGurus Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $17.3905. Pessimistic: $16.45. Optimistic: $18.18


CarGurus Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $16.8896. Pessimistic: $15.41. Optimistic: $17.84


CarGurus Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $16.5045. Pessimistic: $15.10. Optimistic: $16.96


CarGurus Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $17.0195. Pessimistic: $15.88. Optimistic: $17.43


CarGurus Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $17.5096. Pessimistic: $16.16. Optimistic: $18.58


CarGurus Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $18.4341. Pessimistic: $16.75. Optimistic: $19.32



CarGurus (CARG) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 17.81 17.19 19.12 10.06
Feb 16.85 16.00 17.64 9.29
Mar 16.14 15.27 16.92 9.73
Apr 15.25 13.83 16.13 14.30
May 15.51 14.21 16.53 14.07
Jun 14.69 14.09 15.94 11.61
Jul 15.15 14.42 16.20 10.99
Aug 13.44 12.54 14.62 14.23
Sep 14.21 13.77 15.15 9.12
Oct 14.44 13.88 14.96 7.18
Nov 13.99 12.98 15.01 13.53
Dec 13.47 13.14 14.05 6.44

CarGurus (CARG) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 13.27 12.25 13.72 10.68
Feb 13.54 13.06 14.62 10.67
Mar 13.25 12.44 14.08 11.63
Apr 13.27 12.23 13.93 12.22
May 13.39 12.49 14.37 13.08
Jun 13.78 12.97 14.13 8.19
Jul 13.98 12.89 14.53 11.31
Aug 14.60 14.00 15.67 10.62
Sep 14.09 13.46 14.78 8.92
Oct 15.22 14.44 15.66 7.81
Nov 16.70 16.08 17.24 6.74
Dec 18.71 18.06 20.35 11.25

CarGurus (CARG) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 19.25 17.95 20.08 10.58
Feb 20.31 19.07 21.77 12.43
Mar 19.43 18.85 20.34 7.34
Apr 18.36 17.48 20.03 12.76
May 18.12 16.75 18.75 10.67
Jun 19.20 18.33 20.77 11.76
Jul 18.24 16.48 19.94 17.34
Aug 19.42 18.18 19.93 8.77
Sep 20.95 19.75 22.24 11.19
Oct 23.42 21.51 25.08 14.23
Nov 22.04 21.12 24.03 12.11
Dec 24.58 23.31 25.26 7.71

CarGurus (CARG) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 26.03 24.81 27.21 8.84
Feb 25.12 23.76 26.96 11.85
Mar 27.35 25.68 28.24 9.07
Apr 27.84 25.37 29.01 12.55
May 26.37 25.39 27.58 7.92
Jun 25.77 24.07 26.45 9.00
Jul 23.51 22.16 24.08 7.97
Aug 23.46 21.35 24.53 12.97
Sep 25.12 23.10 26.26 12.05
Oct 25.69 23.66 26.31 10.08
Nov 25.44 23.15 27.80 16.70
Dec 28.50 27.57 30.07 8.30

CarGurus information and performance

CarGurus Address

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

Market Capitalization: 2 433 992 000 $

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: 123 200 000 $

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

PE Ratio: 29.7

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

PEG Ratio: 1.301

Price/earnings to growth

DPS: N/A

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: N/A

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

EPS: 0.73

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: -0.485
Trailing PE: 29.7

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: 16.92

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

EV To Revenue: 2.242

Enterprise Value (EV) /Revenue

EV To EBITDA: 16.61

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

Shares Outstanding: 96270000

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.