CARG

CarGurus, Inc.

Nasdaq · Services-Computer Processing & Data Preparation · Inc. DE · CIK 0001494259
$28.21 -0.63% $2.6B
Insider Selling Cluster (3 insiders)4 New Institutional Positions
Vol
Market Cap$2.6B
Cap SizeMid Cap
Analyst ConsensusBuy (65%)
Inst. Holders8 funds
Inst. Value$463.8M
Inst. Activity4 buys / 1 sells
Insider Activity0B / 5S
Insider Net $-$484.0K
SEC Reports5
Exchange Nasdaq·Sector Services-Computer Processing & Data Preparation·Inc. DE·CIK 0001494259·Prev Close $28.39

Recent Activity

May 16, 2026 SEC
JMP Securities upgrades CARG to Market Outperform — PT $30 (+0%)
ANALYST-UPGRADE — Impact 2/10
May 11, 2026 other
CarGurus to Present at the J.P. Morgan 2026 Global Technology, Media and Communications Conference
<p>BOSTON, May 11, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited autom
May 1, 2026 Insider
Elshareef Ismail sold 1,396 shares
Chief Product Officer @ $37.04 ($51.7K)
May 1, 2026 Insider
Zamora Javier sold 1,142 shares
General Counsel and Secretary @ $37.04 ($42.3K)
Apr 22, 2026 SEC
CarGurus is holding its 2026 annual meeting, where shareholders will vote on director elections, auditor ratification, a
DEFA14A — Impact 3/10
Apr 16, 2026 SEC
JMP Securities upgrades CARG to Market Outperform — PT $30
ANALYST-UPGRADE — Impact 1/10
Apr 2, 2026 Insider
Sarnoff Dafna sold 5,445 shares
Chief Marketing Officer @ $33.04 ($179.9K)
Inst.
MORGAN STANLEY — ADD
1,135,905 shares ($43.6M)

Price Targets

$37.36 +32.4% upside Strong Buy
Current $28.21 Low $32.00 Median $37.00 High $43.00 11 analysts
$32.00 $43.00

Analyst Ratings

Buy65% buy · 20 analysts
6Strong Buy
7Buy
7Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 11, 2026 RBC Capital MAINTAIN Outperform → Outperform
May 8, 2026 UBS MAINTAIN Neutral → Neutral
May 8, 2026 JP Morgan MAINTAIN Neutral → Neutral
May 8, 2026 Needham MAINTAIN Buy → Buy
Feb 24, 2026 Oppenheimer MAINTAIN Outperform → Outperform

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.61 ▲ +2.2% $0.59 — $0.64 7% YoY 11
Next Q $0.63 ▼ -0.8% $0.59 — $0.66 10% YoY 11
Current FY $2.51 ▼ -0.6% $2.36 — $2.58 13% YoY 11
Next FY $2.93 ▲ +0.6% $2.69 — $3.26 17% YoY 11

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$336.2M
MORGAN STANLEY$43.6MADD
CHARLES SCHWAB INVESTMENT MANAGEMENT$39.9MNEW
BANK OF AMERICA CORP$17.8MADD
RENAISSANCE TECHNOLOGIES LLC$12.2MTRIM

Recent Insider Trades

DateInsiderTypeValue
May 1, 2026Elshareef IsmailF$51.7K
May 1, 2026Zamora JavierF$42.3K
Apr 2, 2026Sarnoff DafnaSELL$179.9K
Apr 2, 2026Quinn MatthewSELL$143.4K
Apr 2, 2026Hanson JenniferSELL$18.7K
8 institutional holders with $463.8M total value (12,093,481 shares) as of 2025-Q4. Top holders: VANGUARD, MORGAN, CHARLES. Net buying activity: 4 institutions added/increased vs 1 reduced.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC8,765,932$336.2M72.5%
2MORGAN STANLEY1,135,905$43.6M9.4%ADD +25.8%
3CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,039,226$39.9M8.6%NEW
4BANK OF AMERICA CORP /DE/462,982$17.8M3.8%ADD +28.9%
5RENAISSANCE TECHNOLOGIES LLC317,427$12.2M2.6%TRIM -35.7%
6WELLS FARGO & COMPANY/MN236,915$9.1M2.0%
7NORGES BANK104,619$4.0M0.9%NEW
8FMR LLC30,475$1.2M0.3%ADD +61.5%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
MORGAN STANLEYADD902,9871,135,905+25.8%$43.6M2025-Q4
BANK OF AMERICA CORP /DE/ADD359,208462,982+28.9%$17.8M2025-Q4
RENAISSANCE TECHNOLOGIES LLCTRIM493,827317,427-35.7%$12.2M2025-Q4
NORGES BANKNEW104,619$4.0M2025-Q4
FMR LLCADD18,87030,475+61.5%$1.2M2025-Q4
UBS Group AGDOUBLED595,6571,537,856+158.2%$57.3M2025-Q3
NORGES BANKEXIT69,4610-100.0%$0.002025-Q3
MORGAN STANLEYADD863,8651,093,115+26.5%$36.6M2025-Q2
UBS Group AGTRIM1,844,879595,657-67.7%$19.9M2025-Q2
RENAISSANCE TECHNOLOGIES LLCDOUBLED282,427586,327+107.6%$19.6M2025-Q2
NORGES BANKNEW69,461$2.3M2025-Q2
UBS Group AGDOUBLED346,1131,844,879+433.0%$53.7M2025-Q1
RENAISSANCE TECHNOLOGIES LLCDOUBLED139,827282,427+102.0%$8.2M2025-Q1
NORGES BANKEXIT393,2370-100.0%$0.002025-Q1
NORGES BANKADD276,158393,237+42.4%$14.4M2024-Q4
UBS Group AGADD173,923346,113+99.0%$12.6M2024-Q4
RENAISSANCE TECHNOLOGIES LLCDOUBLED23,300139,827+500.1%$5.1M2024-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW1,043,217$31.3M2024-Q3
MORGAN STANLEYADD801,1281,032,858+28.9%$31.0M2024-Q3
8 unique insiders with 5 transactions. Net insider value: -$484.0K ($0.00 bought, $484.0K sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 1, 2026Elshareef IsmailChief Product OfficerF1,396$37.04$51.7K
May 1, 2026Zamora JavierGeneral Counsel and SecretaryF1,142$37.04$42.3K
Apr 2, 2026Sarnoff DafnaChief Marketing OfficerSELL5,445$33.04$179.9K
Apr 2, 2026Quinn Matthew ToddChief Technology OfficerSELL4,341$33.04$143.4K
Apr 2, 2026Hanson Jennifer LaddChief People OfficerSELL567$33.04$18.7K
Apr 1, 2026Elshareef IsmailChief Product OfficerF1,900$33.55$63.7K
Apr 1, 2026Quinn Matthew ToddChief Technology OfficerF8,094$33.55$271.6K
Apr 1, 2026Hanson Jennifer LaddChief People OfficerF1,192$33.55$40.0K
Apr 1, 2026Zamora JavierGeneral Counsel and SecretaryF2,604$33.55$87.4K
Apr 1, 2026Zales SamuelCOO and PresidentF11,525$33.55$386.7K
Apr 1, 2026Trevisan JasonChief Executive OfficerF21,509$33.55$721.6K
Apr 1, 2026Steinert LangleyExecutive ChairF12,315$33.55$413.2K
Apr 1, 2026Sarnoff DafnaChief Marketing OfficerF5,702$33.55$191.3K
Mar 31, 2026Hanson Jennifer LaddChief People OfficerSELL2,499$35.61$89.0K
Mar 30, 2026Hanson Jennifer LaddChief People OfficerF1,039$35.28$36.7K
Mar 2, 2026Zales SamuelCOO and PresidentA81,353$0.00$0.00
Mar 2, 2026Zamora JavierGeneral Counsel and SecretaryA32,541$0.00$0.00
Mar 2, 2026Hanson Jennifer LaddChief People OfficerA52,066$0.00$0.00
Mar 2, 2026Sarnoff DafnaChief Marketing OfficerA55,320$0.00$0.00
Mar 2, 2026Quinn Matthew ToddChief Technology OfficerA65,082$0.00$0.00
Mar 2, 2026Trevisan JasonChief Executive OfficerA227,790$0.00$0.00
Mar 2, 2026Steinert LangleyExecutive ChairA81,353$0.00$0.00
Feb 2, 2026Elshareef IsmailChief Product OfficerSELL1,645$32.21$53.0K
Jan 30, 2026Zamora JavierGeneral Counsel and SecretaryF1,142$32.40$37.0K
Jan 30, 2026Elshareef IsmailChief Product OfficerF1,465$32.40$47.5K

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Buy (65% buy). Based on 20 analysts: 6 strong buy, 7 buy, 7 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$37.36 mean target +32.4% upside Strong Buy (2.08)
$32.00 Low $43.00 High
MetricValue
Current Price$28.21
Target Low$32.00
Target Mean$37.36
Target Median$37.00
Target High$43.00
# Analysts11
RecommendationStrong Buy (2.08)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.61 $0.59 $0.64 7.3% +2.2% 7↑ 2↓ $0.2B 6.8% 11
Next Q
2026-09-30
$0.63 $0.59 $0.66 10.1% -0.8% 5↑ 4↓ $0.3B 7.7% 11
Current FY
2026-12-31
$2.51 $2.36 $2.58 13.0% -0.6% 6↑ 5↓ $1.0B 8.1% 11
Next FY
2027-12-31
$2.93 $2.69 $3.26 16.9% +0.6% 7↑ 3↓ $1.1B 9.2% 11

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.612
7d ago$0.598+0.014
30d ago$0.599+0.013
60d ago$0.599+0.013
90d ago$0.617-0.005
8 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 11, 2026 RBC Capital MAINTAIN Outperform Outperform
May 8, 2026 UBS MAINTAIN Neutral Neutral
May 8, 2026 JP Morgan MAINTAIN Neutral Neutral
May 8, 2026 Needham MAINTAIN Buy Buy
Feb 24, 2026 Oppenheimer MAINTAIN Outperform Outperform
Feb 20, 2026 RBC Capital MAINTAIN Outperform Outperform
Feb 20, 2026 DA Davidson MAINTAIN Neutral Neutral
Feb 20, 2026 BTIG MAINTAIN Buy Buy
Feb 5, 2026 Needham MAINTAIN Buy Buy
Dec 30, 2025 BTIG MAINTAIN Buy Buy
Dec 11, 2025 Jefferies MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
May 1, 20266770065%
Apr 1, 20266770065%
Mar 1, 20266770065%
Feb 1, 20266770065%
Jan 1, 20266770065%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

May 11, 2026
other
CarGurus to Present at the J.P. Morgan 2026 Global Technology, Media and Communications Conference
<p>BOSTON, May 11, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.<sup>1</sup>, today
May 8, 2026
short_volume
Short Volume: CARG — 65.0% short (0.4M / 0.7M)
Short: 426,004 | Exempt: 1,318 | TRF Vol: 655,759 | Short Ratio: 65.0% | Off-exchange volume (dark pool + OTC)
May 7, 2026
earnings_calendar
CARG Q1 2026 Earnings Scheduled — 2026-05-07
Apr 20, 2026
earnings
CarGurus To Report First Quarter 2026 Financial Results
<p>BOSTON, April 20, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.<sup>1</sup>, ann
Mar 18, 2026
short_interest
FTD: CARG — 53,344 shares ($1.8M) failed to deliver
Settlement: 20260318, Price: $33.42, FTD Value: $1,782,756.48, CARGURUS INC CL A
Mar 17, 2026
short_interest
FTD: CARG — 53,344 shares ($1.7M) failed to deliver
Settlement: 20260317, Price: $31.06, FTD Value: $1,656,864.64, CARGURUS INC CL A
Feb 24, 2026
short_interest
FTD: CARG — 28,804 shares ($0.8M) failed to deliver
Settlement: 20260224, Price: $27.86, FTD Value: $802,479.44, CARGURUS INC CL A
Feb 23, 2026
short_interest
FTD: CARG — 30,103 shares ($0.9M) failed to deliver
Settlement: 20260223, Price: $30.17, FTD Value: $908,207.51, CARGURUS INC CL A