CarGurus, Inc. Class A (CARG)

In Q1 2025, CarGurus reported earnings surpassing EPS expectations, with revenue slightly below estimates, leading to a stock increase. In Q2 2025, revenue increased year-over-year, exceeding expectations, but Q3 revenue guidance fell short, causing a stock drop. CarGurus decided to wind down its CarOffer transactions business, expecting expenditures of $14 million to $19 million, and approved an additional $150 million share repurchase. In October 2025, CarGurus received a "hold" rating from Weiss Ratings and was downgraded by Zacks Research. UBS Group increased its price objective to $40.00, maintaining a "neutral" rating, while Needham & Company LLC raised their target price to $44.00 with a "buy" rating. Wall Street Zen downgraded the stock to a "buy" rating. COO Samuel Zales sold 10,000 shares of CarGurus stock in October 2025.

Demand for CarGurus' products is influenced by the seasonality of the automotive market, with sales exhibiting cyclical changes due to factors like new number plate releases, holidays, weather, economic trends, and tax cycles. CarGurus' Q3 2025 report indicated strong automotive demand despite affordability pressures. The platform adapts to these fluctuations by providing targeted content and real-time flexibility. New EV sales surged in Q3 2025 ahead of federal tax credit expirations.

CarGurus, Inc. (CARG) is an online automotive marketplace connecting buyers and sellers of new and used cars. It operates in the Consumer Discretionary sector, focusing on the Internet, Automotive, and Technology and Communications industries, specifically Auto & Truck Dealerships and EDP Services. CarGurus' main offerings include its online marketplace with price transparency, dealer reviews, and vehicle information. It provides tools like Deal Ratings, Digital Deal, Finance in Advance, and Sell My Car options. Additionally, it offers dealer listings, data insights, and advertising products. The company also operates Autolist and PistonHeads.

CarGurus, Inc. operates in the United States, the United Kingdom, Canada, and Germany. Its headquarters are in Boston, Massachusetts, USA, with additional offices in Raleigh, North Carolina, USA, and Dublin, Ireland.

CarGurus is known as a leading and trusted online automotive marketplace, recognized for its data-driven approach and transparency in car pricing and dealer information. The company provides market intelligence to consumers and dealers. A CarGurus report highlighted how U.S. shoppers are adapting to affordability pressures. CarGurus also published information warning about a "death wobble" steering issue in the Jeep Wrangler. No specific events negatively impacted CarGurus' brand reputation in the past year.

CarGurus, Inc. is a publicly traded company with ownership distributed among various shareholders. Major institutional owners include BlackRock, Inc., The Vanguard Group, Inc., Wellington Management Group LLP, ArrowMark Colorado Holdings, LLC, State Street Corp, and Geode Capital Management, LLC. Individual insiders also hold a significant portion of the company's shares, with Langley Steinert (Chairman of the Board and Founder) being a notable individual shareholder. Other individual insiders include Argonaut 22 LLC, Spinnaker Capital LLC, Promerica Capital LLC, Gc Holdings Investors LLC, and 2006 Family Trust Rws.