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CarGurus Inc
NASDAQ:CARG

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CarGurus Inc
NASDAQ:CARG
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Price: 28.67 USD -4.56% Market Closed
Market Cap: $2.7B

Wall St Price Targets

CARG Price Targets Summary
CarGurus Inc

Wall Street analysts forecast CARG stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CARG is 37.74 USD with a low forecast of 32.32 USD and a high forecast of 45.15 USD.

Lowest Forecast
Price Target
32.32 USD
13% Upside
Average Forecast
Price Target
37.74 USD
32% Upside
Highest Forecast
Price Target
45.15 USD
57% Upside
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Revenue
Forecast

18% / Year
Past Growth
26% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
18% / Year
Past Growth
26% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 9 years, the compound annual growth rate for Revenue has been 18%. The projected CAGR for the next 7 years is 26%.

Operating Income
Forecast

45% / Year
Past Growth
15% / Year
Estimated Growth
Estimates Accuracy
-32%
Average Miss
45% / Year
Past Growth
15% / Year
Estimated Growth
Estimates Accuracy
-32%
Average Miss

Over the last 9 years, the compound annual growth rate for Operating Income has been 45%. The projected CAGR for the next 3 years is 15%.

Net Income
Forecast

N/A
Past Growth
29% / Year
Estimated Growth
Estimates Accuracy
-25%
Average Miss
N/A
Past Growth
29% / Year
Estimated Growth
Estimates Accuracy
-25%
Average Miss

The compound annual growth rate for Net Income over the next 6 years is 29%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is CARG's stock price target?
Price Target
37.74 USD

According to Wall Street analysts, the average 1-year price target for CARG is 37.74 USD with a low forecast of 32.32 USD and a high forecast of 45.15 USD.

What is the Revenue forecast for CarGurus Inc?
Projected CAGR
26%

Over the last 9 years, the compound annual growth rate for Revenue has been 18%. The projected CAGR for the next 7 years is 26%.

What is the Operating Income forecast for CarGurus Inc?
Projected CAGR
15%

Over the last 9 years, the compound annual growth rate for Operating Income has been 45%. The projected CAGR for the next 3 years is 15%.

What is the Net Income forecast for CarGurus Inc?
Projected CAGR
29%

The compound annual growth rate for Net Income over the next 6 years is 29%.

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