While CarGurus Inc has overperformed by 0.35%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CARG fell by -5.91%, with highs and lows ranging from $41.33 to $24.65, whereas the simple moving average jumped by 2.92% in the last 200 days.
On July 14, 2025, Gordon Haskett started tracking CarGurus Inc (NASDAQ: CARG) recommending Hold. A report published by Citizens JMP on July 02, 2025, Downgraded its rating to ‘Mkt Perform’ for CARG. JP Morgan also Downgraded CARG shares as ‘Neutral’, setting a target price of $34 on the company’s shares in a report dated March 27, 2025. Needham Reiterated the rating as Buy on January 16, 2025, but set its price target from $39 to $45. JMP Securities June 07, 2024d its ‘Mkt Perform’ rating to ‘Mkt Outperform’ for CARG, as published in its report on June 07, 2024. Needham’s report from February 27, 2024 suggests a price prediction of $24 for CARG shares, giving the stock a ‘Buy’ rating. UBS also rated the stock as ‘Neutral’.
Analysis of CarGurus Inc (CARG)
Further, the quarter-over-quarter increase in sales is 7.01%, showing a positive trend in the upcoming months.
To gain a thorough understanding of CarGurus Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 29.24% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 3.02, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and CARG is recording an average volume of 930.99K. On a monthly basis, the volatility of the stock is set at 3.26%, whereas on a weekly basis, it is put at 3.01%, with a gain of 6.77% over the past seven days. Furthermore, long-term investors anticipate a median target price of $38.67, showing growth from the present price of $34.38, which can serve as yet another indication of whether CARG is worth investing in or should be passed over.
How Do You Analyze CarGurus Inc Shares?
A leading company in the Auto & Truck Dealerships sector, CarGurus Inc (CARG) is based in the USA. When comparing CarGurus Inc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 27.70, there is a growth in quarterly earnings of 133.69%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 18.41%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 84.64% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
