The latest price target for CarGurus (NASDAQ:CARG) was reported by RBC Capital on November 11, 2024. The analyst firm set a price target for $42.00 expecting CARG to rise to within 12 months (a possible 19.35% upside). 30 analyst firms have reported ratings in the last year.

The latest analyst rating for CarGurus (NASDAQ:CARG) was provided by RBC Capital, and CarGurus maintained their outperform rating.

The last upgrade for CarGurus Inc happened on June 7, 2024 when JMP Securities raised their price target to $30. JMP Securities previously had a market perform for CarGurus Inc.

The last downgrade for CarGurus Inc happened on February 16, 2023 when Piper Sandler changed their price target from N/A to $12 for CarGurus Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CarGurus, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for CarGurus was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.

While ratings are subjective and will change, the latest CarGurus (CARG) rating was a maintained with a price target of $30.00 to $42.00. The current price CarGurus (CARG) is trading at is $35.19, which is within the analyst’s predicted range.