CarGurus, Inc. Class A (CARG)

CarGurus' stock price has been impacted by several events in the past six months. The Q3 2025 earnings report beat analysts' estimates. The company announced its intention to wind down its Digital Wholesale segment. As of December 31, 2025, the stock price was $38.35 per share, representing a 7.33% increase from January 2, 2025, but on January 13, 2026, shares gapped down to $37.425. There has been notable insider selling. Jefferies maintained a "Buy" recommendation, and BTIG raised its price target to $44. Alta Fox Capital opened a significant $41 million position. CarGurus launched PriceVantage, an AI-powered solution, and introduced a new AI-powered search feature and the CarGurus Digital Deal platform. CarGurus also became a founding partner of Boston Common Golf.

While specific seasonality is not extensively outlined, there are indications of general automotive market seasonality. New vehicle sales normalized to "more seasonal patterns" after a surge in March 2025. CarGurus' Q3 2024 guidance mentioned "second-half seasonality" impacting Digital Wholesale volumes. The broader automotive market experiences seasonal fluctuations influenced by factors such as new model year releases, holiday sales, and economic conditions. Historical data suggests a seasonal strength period with a "Buy Date of October 11 and a Sell Date of February 3."

CarGurus, Inc. is a leading online automotive marketplace connecting car shoppers with dealers. It operates within the Consumer Discretionary sector and the Interactive Media and Services industry, focusing on a data-driven marketplace. The company provides tools and resources for buying, financing, and selling vehicles, using data and AI to offer transparency to consumers and solutions to over 33,000 global paying dealers. Its core platform allows users to search for vehicles, compare prices, and connect with sellers. The Instant Market Value (IMV) algorithm provides real-time valuations and deal ratings. Dealer services include advertising and digital solutions. Digital Deal allows online vehicle purchases. CarOffer is a digital wholesale platform, but CarGurus plans to wind it down to focus on its core marketplace. The company also operates other marketplaces like Autolist and PistonHeads.

CarGurus, Inc. primarily operates its online automotive marketplaces in the United States, the United Kingdom, and Canada.

CarGurus has maintained a strong brand reputation over the past year as a prominent player in the online automotive marketplace. The company's brand is synonymous with trust and transparency, cultivating a loyal customer base. CarGurus is consistently cited as the number one visited digital auto platform for shopping, buying, and selling vehicles in the U.S., with over 40 million monthly visitors.

CarGurus, Inc.'s ownership is heavily influenced by institutional investors, who hold approximately 86.90% of the stock. Major institutional owners include BlackRock, Inc., The Vanguard Group, Inc., Wellington Management Group LLP, and State Street Global Advisors, Inc. Langley Steinert, the Founder & Executive Chairman, is the largest individual shareholder. Jason Trevisan, the CEO, directly owns 0.68% of the company's shares. Individual insiders collectively hold about 13.9% of the shares. Argonaut 22 LLC is also a large shareholder.