Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

CarGurus, Inc.

CARGNASDAQ
Wall Street Score · overall investment47/100
$30.96USD$-0.21 (-0.67%)
Company website www.cargurus.com
Headquarters1001 Boylston Street, Boston, MA, 02115, US
Financial statement currencyUSD · no FX conversion applied
Communication Services · Internet Content & Information
Price updated todayFinancials updated Oct 1, 2026

CARG · Price history

Price at last available close

$30.96

+$0.15 (+0.49%) 1M

2026-10-27

Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.

Company & revenue

About CarGurus, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

CarGurus, Inc., established in Boston, Massachusetts, in 2005, manages a prominent online ecosystem for vehicle transactions, serving both buyers and sellers across the United States and internationally. The company's operations are divided into two main segments: the U. S.

How they make money

CarGurus operates a multinational online automotive marketplace that connects consumers with vehicle dealers. The company generates revenue primarily through subscription-based marketplace services for dealers, advertising solutions, and data-driven software products that assist dealers with inventory pricing, marketing, and sales conversion.

Products & services

Online automotive marketplace platform, dealer software solutions for inventory management and pricing, and consumer-facing tools for vehicle research, buying, and selling.

Brands & revenue mix

CarGurus

Primary multinational automotive marketplace brand.

Separate brand revenue is not available in this research.Source

PistonHeads

Online motoring community and marketplace in the U.K.

Separate brand revenue is not available in this research.Source

Autolist

U.S.-based online automotive marketplace.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

Customer concentration

As of December 31, 2025, the company did not report any single customer accounting for more than 10% of total revenue.

Suppliers, materials & equipment

  • Cloud service providers — The company relies on third-party cloud infrastructure providers to host its platform and data services.Source

Competitors

  • Cars.com — Operates an online automotive marketplace that competes for dealer advertising spend and consumer traffic.Source
  • Autotrader — A major online automotive marketplace platform competing for dealer listings and consumer engagement.Source

Strengths

  • Leading U.S. automotive shopping site trafficSource
  • Proprietary data-driven predictive intelligence platformSource

Risks

  • Dependence on dealer advertising spend and market conditionsSource
  • Risks associated with debt obligations and potential accelerationSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

47

Weak

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

82

Strong

Financial Strength

91

Business Quality / Moat

91

Management

100

Growth Quality

25

Risk / Durability

80

Great Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

34

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

46/100

Building Historical Record

Model Score 46/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like
  • •Balance-sheet / debt profile scores strongly
  • •Recent buyback activity is present
What to watch
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak
  • •Asset quality is a weaker factor

Company-specific research

Questions worth answering for CARG

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can CARG maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is CARG's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Does CARG's balance between cash and debt leave enough flexibility if business conditions weaken?
  • •What future growth or profitability would be needed to justify CARG's current valuation?
Business analysis: 15 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

47

0–100 · Weak

Opportunity Score

34

0–100 · Poor

Market Cap

$2.76B

P/E Ratio

16.7

EPS

$1.87

52-Week High

$41.22

52-Week Low

$26.39

Beta

1.16

Intrinsic Value

$15.90

Analyst Target

$41.50

Shares Outstanding

96.8M

Total Revenue

$974.3M

Total Debt

$185.1M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$2.73

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
44/ 100
-9 pts / 5d

Weakening momentum

5D -2.2% · 20D -0.6% · RSI 63 · Price vs 20D avg +2.4%
Volatility
32/ 100
+3 pts / 5d

Low movement

20D realized vol 37.8% · 60D 37.2% · Acceleration 1.02x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for CARG

Detected from reported data — verify before acting.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on CARG.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Leading U.S. automotive shopping site traffic.
  • +Proprietary data-driven predictive intelligence platform.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Internet Content & Information industry.
  • −Dependence on dealer advertising spend and market conditions.
  • −Risks associated with debt obligations and potential acceleration.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak47/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Weak

47

Tap for breakdown →

Elite

91

Debt Cost0.3%
Debt Reduction YoY1.0%
Debt / Equity0.51x

Tap for breakdown →

Poor

21

Revenue YoY3.8%
Revenue CAGR1.3%
Net Margin18.1%

Tap for breakdown →

Poor

19

Asset Growth YoY-19.7%
Liquidation/Share$2.73
Net Assets/MCap0.12x

Tap for breakdown →

Strong

81

Earnings Yield5.8%
Buyback Yield6.0%
Debt Cost0.3%

Tap for breakdown →

Elite

100

ROIC46.8%
ROE66.6%
ROA31.7%

Tap for breakdown →

Elite

91

EPS Growth181.8%
FCF/Share Growth36.7%
Rev/Share Growth10.3%

Tap for breakdown →

Poor

22

Intrinsic Value$15.90
Value Reference$9.54
MOS-99.2%

Tap for breakdown →

Fair

61

Revenue21
Moat91
Valuation22

Tap for breakdown →

Poor

0

MOS %-99.2%
Value Reference$9.54
Deep Discount Reference$6.36

Tap for breakdown →

Poor

20

Interest Coverage329.5x
ROIC46.8%
FCF Yield9.6%

Tap for breakdown →

Poor

33

Financial20
Valuation22
Debt91

Tap for breakdown →

Fair

68

Survival Years0.5 yrs
Current Ratio2.81x
FCF Margin30.8%

Tap for breakdown →

Was this stock page easy to understand?

One click helps us improve the research experience. This is not tied to an investment decision.

Score Changes

5 historical score records available

Previous Score

46

Sep 9, 2026

Change

+0.3

points

Current Score

47

Oct 1, 2026

Category Changes

Revenue+0.4
Debt0
Assets+0.2
Capital+3.0
Management0
Moat0
Valuation0
Buffett+0.1

CARG increased 0.3 points because Capital improved by 3 points.

Positive Contributors

  • + Capital improved by 3 points

Projected Score

Projected Score

52

Projected Change

+5.1 points

Preliminary comparable-period financial changes suggest improvement of approximately 5.1 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Overvalued

Current Price

$30.96

Model Intrinsic Value

$15.90

Difference

+$15.06

+94.8% vs IV

Margin of Safety

-94.8%

UndervaluedFair ValueOvervalued
Value Reference: $9.54
Deep Discount Reference: $6.36

Financial Charts

Revenue

20152016201720182019202020212022202320242025$0$450M$900M$1.4B$1.8B

Additional Metrics

Operating Cash Flow

201520172019202120232025$0$75M$150M$225M$300M

Total Debt

201520172019202120232025$0$50M$100M$150M$200M

Total Assets

201520172019202120232025$0$250M$500M$750M$1.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$974.3M$939.0M$894.4M$914.2M····························
Cost of Revenue$87.1M$103.4M$155.4M$262.8M····························
Gross Profit$887.2M$835.5M$738.9M$651.5M····························
Research & Development$160.9M$155.7M$144.4M$146.2M····························
SG&A Expenses$467.2M$442.3M$434.3M$456.8M····························
Operating Expenses$641.4M$641.1M$725.5M$618.8M····························
EBITDA$277.6M$235.1M$173.3M$100.2M····························
Operating Income$246.1M$194.4M$13.4M$32.6M····························
Interest Expense$0.00$0.00$0.00$0.00····························
Income Before Tax$231.5M$202.8M$24.7M$51.7M····························
Income Tax Expense$51.6M$43.0M$3.7M$29.6M····························
Net Income$175.9M$155.9M$21.0M$31.1M····························
Basic EPS$1.87$1.59$0.20$0.19····························
Basic Shares90.13M95.29M105M113M····························
Diluted Shares91.08M96.76M106M114M····························
Upgrade to Premium for up to 10 annual periods, where available.
Upgrade to Premium

Earnings Summary

Estimated earnings date:Nov 5, 2026
Estimated EPS: $0.66Estimated revenue: $256.4M
Jun 30, 2026Q2FY2026

Revenue

$251.0M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$0.54

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-5.2%

Cash Change

-47.2%

Margin Change

+10.1 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Margins expanded
  • Debt reduced

What Weakened

  • Cash position declined

Potential Score Impact

Positive indicators included revenue growth, EPS growth, debt levels, net income margin. Pressure indicators included cash levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue increased 7.2%. EPS increased 145.5%. Cash declined 47.2%. Total debt declined 5.2%. Net income margin improved by 10.1 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 120 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

Start 7-Day Free Trial

Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

5 historical records
Jul 23, 26Aug 12, 26Sep 2, 26Sep 9, 26Oct 1, 260255075100

Historical Score Chart

3 of 5 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 2 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Debt Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Revenue Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Asset Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Capital Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Management Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Moat Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Valuation Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Buffett Score

Sep 2, 26Sep 9, 26Oct 1, 260255075100

Intrinsic Value

Sep 2, 26Sep 9, 26Oct 1, 26$13.00$14.00$15.00$16.00$17.00

Value Reference

Sep 2, 26Sep 9, 26Oct 1, 26$7.00$8.00$9.00$10.00$11.00

Margin of Safety %

Sep 2, 26Sep 9, 26Oct 1, 26-1.0%-1.0%-1.0%-1.0%-1.0%

Related Companies

Internet Content & Information

BZ

Kanzhun Limited

81Strong
$16.61View

SOHU

Sohu.com Limited

78Strong
$12.75View

NRDS

NerdWallet, Inc.

77Strong
$10.60View

MAX

MediaAlpha, Inc.

74Strong
$11.71View

EVER

EverQuote, Inc.

74Strong
$21.47View

OPRA

Opera Limited

70Strong
$18.36View

News

Rumor Mill · CARG

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

Related Stock Research

Continue researching this company with related Wall Street Score rankings and investing guides.

Highest Wall Street Score stocksBest growth stocksHow Wall Street Score worksHow to analyze a stockUnderstanding financial healthIntrinsic value guide

Score Alerts

Premium unlocks alerts when a score rises, falls, or reaches your target price.

Start 7-Day Free Trial

Portfolio Score

Premium unlocks portfolio scoring, strongest and weakest holdings, and overall margin of safety.

Start 7-Day Free Trial