CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. The company provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers, as well as sell their car in the United States marketplace. Its marketplace connects dealers to a large audience of informed and engaged consumers. The company operates online marketplaces under the CarGurus brand in Canada and the United Kingdom; and the Autolist and PistonHeads online marketplaces as independent brands in the United States and the United Kingdom. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.
IPO Year: 2017
Exchange: NASDAQ
Website: cargurus.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/28/2026 | $35.00 | Overweight | Barclays |
| 7/14/2025 | $35.00 | Hold | Gordon Haskett |
| 7/2/2025 | Mkt Outperform → Mkt Perform | Citizens JMP | |
| 3/27/2025 | $42.00 → $34.00 | Overweight → Neutral | Analyst |
| 1/16/2025 | $39.00 → $45.00 | Buy | Needham |
| 6/7/2024 | $30.00 | Mkt Perform → Mkt Outperform | JMP Securities |
| 2/27/2024 | $22.00 → $24.00 | Buy | Needham |
| 9/15/2023 | $21.00 | Neutral | UBS |
| 7/20/2023 | $28.00 | Buy | B. Riley Securities |
| 6/27/2023 | $29.00 | Overweight | JP Morgan |
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4 - CarGurus, Inc. (0001494259) (Issuer)
4 - CarGurus, Inc. (0001494259) (Issuer)
4 - CarGurus, Inc. (0001494259) (Issuer)
4 - CarGurus, Inc. (0001494259) (Issuer)
4 - CarGurus, Inc. (0001494259) (Issuer)
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BOSTON, May 26, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited automotive shopping site in the U.S.1, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to participate in a fireside chat at the BofA Securities 2026 Global Technology Conference on Tuesday, June 2, 2026, at 1:00 PM ET. A webcast of the fireside chat will be accessible from the Investor Relations page of the company's website at investors.cargurus.com beginning at the time indicated above, and an archive of the presentation will be available there for 90 days following the event. About CarGurus, Inc. CarGurus (NASDAQ:CARG) is the leading multinational automotive platform h
BOSTON, May 11, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited automotive shopping site in the U.S.1, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to participate in a fireside chat at the J.P. Morgan 2026 Global Technology, Media and Communications Conference on Monday, May 18, 2026, at 2:50 PM ET. A webcast of the fireside chat will be accessible from the Investor Relations page of the company's website at investors.cargurus.com beginning at the time indicated above, and an archive of the presentation will be available there for 30 days following the event. About CarGurus, Inc. CarGurus (NASDAQ:CARG) is the leading multinational
Q1'26 revenue grew 15% YoY to $244 million, at the midpoint of our guidance range Q1'26 GAAP Net Income from continuing operations of $32.2 million, down 23% YoY; Non-GAAP Adjusted EBITDA from continuing operations of $80.2 million, above the high end of our guidance range Repurchased $175 million worth of shares in Q1'26; total repurchases since December 2022 represent 29% of shares outstanding BOSTON, May 07, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited automotive shopping site in the U.S.1, today announced financial results for the first quarter ended March 31, 2026. "We are pleased with our first quarter results, as we sustained our momentum with revenue
Chosen by expert reviewers and backed by CarGurus' proprietary data, the awards highlight the best cars for affordability, modern design, and smart engineering in four key categories BOSTON, May 06, 2026 (GLOBE NEWSWIRE) -- CarGurus, the No. 1 most visited automotive shopping site in the U.S.1, today announced the winners of the 2026 CarGurus Confidence Awards, recognizing standout vehicles in four categories that reflect the needs of today's shoppers: Best Truck for Families, Best Family Upgrade, Best Electric Vehicle (EV) Experience, and Best Smart Luxury Model. Category winners represent the top new car models that combine strong value, modern design, and thoughtful engineering. The p
DAYTONA BEACH, Fla. and BOSTON, May 05, 2026 (GLOBE NEWSWIRE) -- NASCAR Canada and CarGurus (NASDAQ:CARG) announced today that CarGurus, a leading automotive platform with the #1 rated car shopping app in Canada1, is the newest Presenting Partner and the Official Automotive Marketplace of the NASCAR Canada Series. As part of the multi-year partnership, CarGurus will become the entitlement partner for two races, starting with the CarGurus 200 at Canadian Tire Motorsport Park in Ontario, the first event of the season. The deal establishes CarGurus as an official Presenting Partner, along with Pinty's and NAPA Auto Parts. "We are thrilled to welcome CarGurus as a Presenting Partner of the
BOSTON, April 20, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited automotive shopping site in the U.S.1, announced it will issue a press release reporting financial results for the quarter ended March 31, 2026, after the close of the market on May 7, 2026. CarGurus will host a conference call and live webcast to discuss those financial results for investors and analysts at 5:00 p.m. Eastern Time on May 7, 2026. To access the conference call, dial (877) 451-6152 for the U.S. or Canada, or (201) 389-0879 for international callers. The webcast will be available live on the Investors section of the company's website at investors.cargurus.com. An audio replay of the c
Growing used car demand and surging interest in fuel-efficient vehicles are creating new opportunities for shoppers and dealers alike BOSTON, April 07, 2026 (GLOBE NEWSWIRE) -- CarGurus, the No. 1 most visited automotive shopping site in the U.S.¹, today released its Quarterly Review for Q1 2026, highlighting the key trends shaping the automotive market and where opportunities are emerging for car shoppers and dealers. Affordability continues to drive consumer decision-making in 2026, with rising gas prices adding a new layer to considerations about the total cost of car ownership. Buyers are adapting by turning to nearly new used cars, fuel-efficient powertrains, and value-priced option
With car and gas prices on the rise, CarGurus experts spotlight the market insights and AI-powered tools that can help shoppers find their best value this spring BOSTON, March 19, 2026 (GLOBE NEWSWIRE) -- CarGurus, the No. 1 most visited automotive shopping site in the U.S.¹, today released tips for car shoppers looking to find their best deal this tax season. With demand for used cars rising, new car prices remaining high, and uncertainty around gas prices putting more attention on fuel-efficient models, CarGurus experts have identified the top opportunities to find value today — especially for shoppers planning to put their tax refund to work, with the average refund coming in 10% highe
Full-year 2025 revenue from continuing operations grew 14% YoY for the second consecutive year Full-year 2025 GAAP Net Income from continuing operations of $196.7 million, up 53% YoY; Non-GAAP Adjusted EBITDA from continuing operations of $319.0 million, up 25% YoY Repurchased approximately $350 million worth of shares in 2025, and announces new $250.0 million share repurchase program for 2026 BOSTON, Feb. 19, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited automotive shopping site in the U.S.1, today announced financial results for the fourth quarter and year ended December 31, 2025. "2025 was a pivotal year for CarGurus as we delivered strong financial perfor
Campaign underscores how the largest car shopping site in the U.S. helps shoppers find the best deal on their big deal – now with cutting-edge products that empower research and purchase decisions BOSTON, Feb. 11, 2026 (GLOBE NEWSWIRE) -- CarGurus, the No. 1 most visited automotive shopping site in the U.S.¹, today announced the expansion of its "Big Deal" brand campaign, a tribute to the financial and emotional decisions behind buying or selling a car. The newest product spots highlight CarGurus' recently launched AI-powered innovations that make online research and comparison easier and more personalized, and help shoppers make more confident decisions at the dealership: Dealership Mod
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Barclays initiated coverage of CarGurus with a rating of Overweight and set a new price target of $35.00
Gordon Haskett initiated coverage of CarGurus with a rating of Hold and set a new price target of $35.00
Citizens JMP downgraded CarGurus from Mkt Outperform to Mkt Perform
Analyst downgraded CarGurus from Overweight to Neutral and set a new price target of $34.00 from $42.00 previously
Needham reiterated coverage of CarGurus with a rating of Buy and set a new price target of $45.00 from $39.00 previously
JMP Securities upgraded CarGurus from Mkt Perform to Mkt Outperform and set a new price target of $30.00
Needham reiterated coverage of CarGurus with a rating of Buy and set a new price target of $24.00 from $22.00 previously
UBS initiated coverage of CarGurus with a rating of Neutral and set a new price target of $21.00
B. Riley Securities initiated coverage of CarGurus with a rating of Buy and set a new price target of $28.00
JP Morgan initiated coverage of CarGurus with a rating of Overweight and set a new price target of $29.00
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
4 - CarGurus, Inc. (0001494259) (Issuer)
Live Leadership Updates
Hanson brings more than 20 years of experience specializing in organizational design, employee engagement, and workplace culture CAMBRIDGE, Mass., Sept. 16, 2024 (GLOBE NEWSWIRE) -- CarGurus (NASDAQ:CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jennifer Hanson has been appointed Chief People Officer (CPO), effective September 30, 2024. With more than 20 years of experience in human resources (HR), employee benefits, and law, Hanson will lead CarGurus' People and Talent team in their work advancing organizational strategies, talent development, and engagement to drive business performance and continued innova
Growth leader brings nearly 20 years of experience driving customer sales, service, and partnership strategy for online marketplace businesses CAMBRIDGE, Mass., Sept. 03, 2024 (GLOBE NEWSWIRE) -- CarGurus (NASDAQ:CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced the appointment of Mike O'Hanlon as Chief Revenue Officer (CRO), effective September 3, 2024. With deep experience driving customer growth and retention strategies for online marketplace and software as a service (SaaS) businesses, O'Hanlon will lead CarGurus' Sales and Service teams to support growth objectives and priorities to nurture deeper relationships wi
CAMBRIDGE, Mass., Dec. 14, 2023 (GLOBE NEWSWIRE) -- CarGurus (NASDAQ:CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced the appointment of Ismail Elshareef as Chief Product Officer (CPO), effective February 1, 2024. With over 20 years of experience building highly engaging consumer transaction products and value-added solutions for small and midsize businesses (SMBs), Elshareef will lead CarGurus' product strategy and roadmap with a focus on driving value to consumers, dealers, and the overall business. "We believe Ismail's marketplace expertise across subscription and transaction-based models will play a critical r
CAMBRIDGE, Mass., Oct. 30, 2023 (GLOBE NEWSWIRE) -- CarGurus (NASDAQ:CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced the appointment of Elisa Palazzo as its Chief Financial Officer (CFO), effective December 4, 2023. Reporting to CarGurus Chief Executive Officer (CEO) Jason Trevisan, Palazzo will lead financial operations and strategy to support the company's goal to build a powerful transaction-enabled destination that supports the full lifecycle of a vehicle transaction. "Elisa's breadth of experience leading financial operations and investment strategy within the tech sector will be invaluable to our team as we c
Gupta brings product leadership and vision scaling global platforms to Board position with the nation's most visited automotive shopping site1 CAMBRIDGE, Mass., July 17, 2023 (GLOBE NEWSWIRE) -- CarGurus (NASDAQ:CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced the appointment of Manik Gupta to its Board of Directors and Audit Committee, effective July 14, 2023. Gupta brings nearly 25 years of experience in the technology sector, currently as the Corporate Vice President of Microsoft Teams, serving over 300 million users across enterprises, small and medium businesses (SMBs), consumers, and the developer ecosystem. Pri
CAMBRIDGE, Mass., July 27, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), a multinational, online automotive platform for buying and selling vehicles, today announced it has hired Javier Zamora as its General Counsel. In this role, Zamora will report to CEO Jason Trevisan and will oversee the company's legal team. "I'm thrilled to welcome Javier to CarGurus," said Jason Trevisan, Chief Executive Officer at CarGurus. "He brings both extensive legal experience and a strong track record of leading diverse teams – and as CarGurus seeks to give people the power to reach their destination, Javier's leadership will play a key part in that journey." Zamora is taking the helm of CarGurus'
CAMBRIDGE, Mass., Dec. 09, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), a multinational, online automotive platform for buying and selling vehicles, today announced it has hired Matt Quinn as its Chief Technology Officer. In this role, Quinn will report to Chief Executive Officer Jason Trevisan, and will oversee the company's entire engineering organization. He will focus on scaling the team and guiding the evolution of the company's technology platform as CarGurus fulfills its strategy of creating an end-to-end automotive transaction platform. "I am thrilled to welcome Matt to CarGurus," said Jason Trevisan, CEO at CarGurus. "As CarGurus seeks to give people the power to re
CAMBRIDGE, Mass., Nov. 16, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), a multinational, online automotive platform for buying and selling vehicles, today announced a transition in its executive team with Sarah Welch stepping down and Dafna Sarnoff joining the company as Chief Marketing Officer. Dafna Sarnoff, a veteran marketing leader, will join CarGurus as CMO on December 8. Sarnoff has deep experience helping innovative companies achieve significant growth. Most recently, she led marketing and operations for the fast-growing, Boston-based consumer digital security company Aura. She previously led marketing for Intersection, a Google-backed experience-driven technology
CAMBRIDGE, Mass., June 16, 2021 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), a leading global, online automotive marketplace, today announced the appointment of Yvonne Hao on June 15, 2021 to the company's Board of Directors and as a member of its Audit Committee. Since July 2019, Ms. Hao has been a Managing Director and Co-Founder of the private equity firm Cove Hill Partners. Prior to that, Ms. Hao was the COO and CFO of PillPack where she was instrumental in that company's successful sale to and integration with Amazon. "Yvonne is an accomplished leader with tremendous experience providing technology and consumer companies with operational guidance and I am honored to welcome her
ADDISON, Texas, May 21, 2021 (GLOBE NEWSWIRE) -- CarOffer, the fast-growing inventory acquisition innovator and part of the CarGurus network (NASDAQ:CARG), today shared it reached record-breaking levels of dealer enrollment on its automated instant wholesale vehicle trade platform. The CarOffer platform launched in August 2019 and has emerged to become a much-needed, simplified and efficient solution for dealers to acquire pre-owned inventory, especially in the face of a pandemic-fueled rise in pre-owned demand and new car chip shortages. Dealer enrollment in the platform, which enables dealers to buy and sell vehicles using real-time instant offers, totaled more than 1,400 new dealer roof
Live finance-specific insights
Q1'26 revenue grew 15% YoY to $244 million, at the midpoint of our guidance range Q1'26 GAAP Net Income from continuing operations of $32.2 million, down 23% YoY; Non-GAAP Adjusted EBITDA from continuing operations of $80.2 million, above the high end of our guidance range Repurchased $175 million worth of shares in Q1'26; total repurchases since December 2022 represent 29% of shares outstanding BOSTON, May 07, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited automotive shopping site in the U.S.1, today announced financial results for the first quarter ended March 31, 2026. "We are pleased with our first quarter results, as we sustained our momentum with revenue
BOSTON, April 20, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited automotive shopping site in the U.S.1, announced it will issue a press release reporting financial results for the quarter ended March 31, 2026, after the close of the market on May 7, 2026. CarGurus will host a conference call and live webcast to discuss those financial results for investors and analysts at 5:00 p.m. Eastern Time on May 7, 2026. To access the conference call, dial (877) 451-6152 for the U.S. or Canada, or (201) 389-0879 for international callers. The webcast will be available live on the Investors section of the company's website at investors.cargurus.com. An audio replay of the c
Full-year 2025 revenue from continuing operations grew 14% YoY for the second consecutive year Full-year 2025 GAAP Net Income from continuing operations of $196.7 million, up 53% YoY; Non-GAAP Adjusted EBITDA from continuing operations of $319.0 million, up 25% YoY Repurchased approximately $350 million worth of shares in 2025, and announces new $250.0 million share repurchase program for 2026 BOSTON, Feb. 19, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited automotive shopping site in the U.S.1, today announced financial results for the fourth quarter and year ended December 31, 2025. "2025 was a pivotal year for CarGurus as we delivered strong financial perfor
BOSTON, Feb. 02, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited automotive shopping site in the U.S.1, announced it will issue a press release reporting financial results for the quarter and fiscal year ended December 31, 2025, after the close of the market on February 19, 2026. CarGurus will host a conference call and live webcast to discuss those financial results for investors and analysts at 5:00 p.m. Eastern Time on February 19, 2026. To access the conference call, dial (877) 451-6152 for the U.S. or Canada, or (201) 389-0879 for international callers. The webcast will be available live on the Investors section of the company's website at investors.cargurus.
Q3'25 Marketplace revenue grew 14% YoY to $232 million, above the midpoint of our guidance range GAAP Marketplace (U.S. Marketplace Segment and Other) operating income of $64.1 million; Non-GAAP Marketplace (U.S. Marketplace Segment and Other) Adjusted EBITDA of $82.4 million, up 18% YoY, above the midpoint of our guidance range Further advanced our innovative AI-powered solutions with PriceVantage, Dealership Mode, and CG Discover Repurchased $111 million worth of shares in Q3'25; have repurchased 23% of shares outstanding since initiation of buyback program in December 2022 BOSTON, Nov. 06, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited automotive shopping s
BOSTON, Oct. 20, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the quarter ended September 30, 2025, after the close of the market on November 6, 2025. CarGurus will host a conference call and live webcast to discuss those financial results for investors and analysts at 5:00 p.m. Eastern Time on November 6, 2025. To access the conference call, dial (877) 451-6152 for the U.S. or Canada, or (201) 389-0879 for international callers. The webcast will be available live on the Investors section of the company's websit
Sustained strong momentum in the Marketplace business, with revenue up 14% YoY Q2'25 Net Income of $22.3 million; Non-GAAP Adjusted EBITDA of $77.3 million, up 39% YoY Board approves additional $150 million share repurchase, increasing 2025 authorization to $350 million and extending it through July 2026 BOSTON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles*, today announced financial results for the second quarter ended June 30, 2025, and its plan t
BOSTON, July 21, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the quarter ended June 30, 2025, after the close of the market on August 7, 2025. CarGurus will host a conference call and live webcast to discuss those financial results for investors and analysts at 5:00 p.m. Eastern Time on August 7, 2025. To access the conference call, dial (877) 451-6152 for the U.S. or Canada, or (201) 389-0879 for international callers. The webcast will be available live on the Investors section of the company's website at http
Marketplace revenue grew 13% YoY Q1'25 Net Income of $39.0 million; Non-GAAP Adjusted EBITDA of $66.3 million, up 32% YoY Repurchased $184.2 million worth of shares in Q1'25, representing 6% of our outstanding capital BOSTON, May 08, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles*, today announced financial results for the first quarter ended March 31, 2025. "Our strong momentum in our Marketplace business continued into 2025, which grew 13% year-over-year," said Jason Trevisan, Chief Executive Officer at CarGurus. "Across the company, we advanced our 2025 core drivers of value creat
BOSTON, April 21, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (NASDAQ:CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the quarter ended March 31, 2025, after the close of the market on May 8, 2025. CarGurus will host a conference call and live webcast to discuss those financial results for investors and analysts at 5:00 p.m. Eastern Time on May 8, 2025. To access the conference call, dial (877) 451-6152 for the U.S. or Canada, or (201) 389-0879 for international callers. The webcast will be available live on the Investors section of the company's website at https://
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