The latest price target for CarGurus (NASDAQ:CARG) was reported by JMP Securities on August 12, 2024. The analyst firm set a price target for $32.00 expecting CARG to rise to within 12 months (a possible 11.42% upside). 21 analyst firms have reported ratings in the last year.

The latest analyst rating for CarGurus (NASDAQ:CARG) was provided by JMP Securities, and CarGurus maintained their market 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 August 12, 2024 so you should expect the next rating to be made available sometime around August 12, 2025.

While ratings are subjective and will change, the latest CarGurus (CARG) rating was a maintained with a price target of $30.00 to $32.00. The current price CarGurus (CARG) is trading at is $28.72, which is out of the analyst’s predicted range.