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23.22
1.35%
+0.31
After Hours:
23.00
-0.22
-0.95%
CarGurus Inc Stock (CARG) Forecast
The CarGurus Inc (CARG) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $28.51, representing a +22.79% increase from the current price of $23.22. The highest analyst price target is $32.40, and the lowest is $24.63.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month CARG Price Target
Average 23.47
(+1.09% Upside)
Is CarGurus Inc (CARG) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 54.82 | Neutral |
| STOCH(9,6) | 75.77 | Neutral |
| STOCHRSI(14) | 87.05 | Sell |
| MACD(12,26) | -0.0031 | Buy |
| ADX(14) | 14.22 | Neutral |
| William %R | -20.00 | Neutral |
| CCI(14) | 80.79 | Neutral |
Buy: 1
Sell: 1
Neutral: 5
Summary: Neutral
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
22.38
Buy
|
22.77
Buy
|
| MA20 |
22.67
Buy
|
22.72
Buy
|
| MA50 |
22.87
Buy
|
22.78
Buy
|
| MA100 |
23.04
Buy
|
22.42
Buy
|
| MA200 |
21.09
Buy
|
21.36
Buy
|
Buy: 10
Sell: 0
Neutral: 0
Summary: Buy
According to our latest analysis, CARG could be considered a Strong Buy, with 17 technical analysis indicators signaling 11 Buy signals, 1 signaling Sell signals and 5 Neutral signals. This might be a good time to open fresh positions on CARG, as trading bullish markets is always a lot easier
- RSI (Relative Strength Index): The RSI(14) value of 54.82 indicates that CARG is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 75.77 indicates that CARG is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 87.05 indicates that CARG is oversold. This suggests that CARG price is at or near the highest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of The ADX value of 14.22 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 80.79 indicates that CARG is still overbought but not to an extreme extent.
Long-term CARG price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about CarGurus Inc financial reports and earnings history, CarGurus Inc (CARG) stock could reach $24.52 by 2030, $4.0191 by 2040 and $7.5265 by 2050. See the projected annual prices until 2050 of the CarGurus Inc stock below:
- CarGurus Inc (CARG) is expected to reach an average price of $3.348 in 2035, with a high prediction of $4.6604 and a low estimate of $3.2203. This indicates an $-85.58% rise from the last recorded price of $23.22.
- CarGurus Inc (CARG) stock is projected to chart a bullish course in 2040, with an average price target of $2.7438, representing an $-88.18% surge from its current level. The forecast ranges from a conservative $3.6488 to a sky-high $4.0191.
- Our analysts predict CarGurus Inc (CARG) to jump -52.66% by 2045, soaring from $6.0032 to an average price of $10.99, potentially reaching $10.02. While $6.0032 is the low estimate, the potential upside is significant.
- CarGurus Inc (CARG) stock is expected to climb by 2050, reaching an average of $4.5087, a $-80.58% jump from its current level. However, a wide range of estimates exists, with high and low targets of $7.5265 and $7.2887, respectively, highlighting the market's uncertainty.
CarGurus Inc Stock (CARG) Year by Year Forecast
CarGurus Inc Stock (CARG) Price Forecast for 2024
Our forecast for CARG stock price in 2024 now indicates an average price target of $27.89 with a high forecast of $36.03 and a low forecast of $19.76. The average prediction reflects an increase of +20.13% from the last recorded price of $23.22.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| May, 2024 | $31.57 | $24.63 | $32.40 | +35.97% |
| June, 2024 | $25.15 | $23.79 | $33.64 | +8.30% |
| July, 2024 | $27.08 | $23.80 | $30.30 | +16.63% |
| August, 2024 | $28.34 | $25.99 | $29.16 | +22.04% |
| September, 2024 | $23.64 | $21.22 | $29.13 | +1.81% |
| October, 2024 | $21.69 | $20.72 | $27.25 | -6.60% |
| November, 2024 | $22.34 | $19.76 | $22.95 | -3.80% |
| December, 2024 | $30.79 | $22.12 | $30.80 | +32.58% |
CarGurus Inc Stock (CARG) Price Forecast for 2025
CarGurus Inc Stock (CARG) is expected to reach an average price of $18.82 in 2025, with a high prediction of $32.06 and a low estimate of $5.5723. This indicates an -18.96% fall from the last recorded price of $23.22.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $28.51 | $27.70 | $32.06 | +22.78% |
| February, 2025 | $27.56 | $25.77 | $29.43 | +18.67% |
| March, 2025 | $25.62 | $24.99 | $29.75 | +10.36% |
| April, 2025 | $13.74 | $13.30 | $26.35 | -40.81% |
| May, 2025 | $10.03 | $5.5723 | $12.89 | -56.81% |
| June, 2025 | $14.25 | $6.8386 | $14.88 | -38.61% |
| July, 2025 | $16.38 | $12.04 | $17.99 | -29.46% |
| August, 2025 | $18.64 | $16.02 | $20.00 | -19.71% |
| September, 2025 | $15.87 | $14.30 | $19.27 | -31.66% |
| October, 2025 | $19.49 | $15.43 | $23.42 | -16.05% |
| November, 2025 | $14.72 | $14.06 | $19.65 | -36.61% |
| December, 2025 | $13.57 | $12.80 | $16.67 | -41.55% |
CarGurus Inc Stock (CARG) Price Forecast for 2026
The predicted value for CarGurus Inc (CARG) in 2026 is set at an average of $19.60. Estimates vary from a peak of $28.32 to a trough of $10.88, indicating an -15.60% surge from the present price of $23.22.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $11.57 | $10.88 | $14.77 | -50.18% |
| February, 2026 | $16.35 | $11.68 | $17.00 | -29.58% |
| March, 2026 | $25.41 | $15.46 | $26.84 | +9.42% |
| April, 2026 | $23.16 | $22.62 | $25.74 | -0.25% |
| May, 2026 | $21.54 | $20.36 | $28.32 | -7.25% |
| June, 2026 | $15.90 | $14.46 | $21.35 | -31.52% |
| July, 2026 | $17.15 | $15.31 | $17.77 | -26.16% |
| August, 2026 | $20.17 | $15.04 | $21.15 | -13.14% |
| September, 2026 | $16.13 | $15.82 | $20.58 | -30.51% |
| October, 2026 | $17.79 | $15.81 | $19.83 | -23.39% |
| November, 2026 | $21.95 | $17.33 | $23.83 | -5.45% |
| December, 2026 | $21.98 | $18.30 | $23.87 | -5.35% |
CarGurus Inc Stock (CARG) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for CarGurus Inc (CARG) is $27.46, with a high forecast of $42.34 and a low forecast of $12.57. This indicates an +18.24% increase from the last price of $23.22.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $23.50 | $21.05 | $25.44 | +1.22% |
| February, 2027 | $26.05 | $22.96 | $27.70 | +12.18% |
| March, 2027 | $29.31 | $24.83 | $31.92 | +26.24% |
| April, 2027 | $24.66 | $23.47 | $31.97 | +6.19% |
| May, 2027 | $21.94 | $21.61 | $28.12 | -5.50% |
| June, 2027 | $26.93 | $20.76 | $28.54 | +15.96% |
| July, 2027 | $34.04 | $21.85 | $42.34 | +46.61% |
| August, 2027 | $35.89 | $28.02 | $38.04 | +54.55% |
| September, 2027 | $25.08 | $24.86 | $37.84 | +8.02% |
| October, 2027 | $18.23 | $12.57 | $29.50 | -21.51% |
| November, 2027 | $16.13 | $13.25 | $19.18 | -30.53% |
| December, 2027 | $14.92 | $13.31 | $16.63 | -35.77% |
CarGurus Inc Stock (CARG) Price Forecast for 2028
In 2028, CarGurus Inc (CARG) is projected to reach an average price of $10.40, with a high projection of $18.98 and a low estimate of $1.824. This indicates an -55.20% fall from the last price of $23.22.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $11.89 | $11.44 | $18.98 | -48.80% |
| February, 2028 | $11.70 | $10.49 | $12.70 | -49.59% |
| March, 2028 | $6.6195 | $6.2807 | $12.27 | -71.49% |
| April, 2028 | $7.2247 | $5.4559 | $7.5947 | -68.89% |
| May, 2028 | $5.7886 | $1.824 | $8.1234 | -75.07% |
| June, 2028 | $6.2737 | $4.5356 | $7.3246 | -72.98% |
| July, 2028 | $10.05 | $5.7025 | $10.24 | -56.73% |
| August, 2028 | $9.8927 | $8.1927 | $11.34 | -57.40% |
| September, 2028 | $9.6779 | $9.1557 | $12.61 | -58.32% |
| October, 2028 | $10.07 | $9.3766 | $11.67 | -56.62% |
| November, 2028 | $12.00 | $8.2681 | $13.15 | -48.33% |
| December, 2028 | $12.47 | $11.30 | $12.73 | -46.29% |
CarGurus Inc Stock (CARG) Price Forecast for 2029
The 2029 price forecast for CarGurus Inc Stock (CARG) is $18.35 on average, with a high prediction of $26.80 and a low estimate of $9.8878. This represents an -20.99% decrease from the previous price of $23.22.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $15.08 | $12.48 | $16.11 | -35.07% |
| February, 2029 | $15.71 | $14.72 | $17.25 | -32.34% |
| March, 2029 | $11.00 | $10.57 | $15.74 | -52.64% |
| April, 2029 | $10.66 | $10.35 | $11.92 | -54.09% |
| May, 2029 | $11.01 | $10.07 | $11.50 | -52.60% |
| June, 2029 | $12.29 | $9.8878 | $13.31 | -47.07% |
| July, 2029 | $14.83 | $12.04 | $15.31 | -36.11% |
| August, 2029 | $15.11 | $11.65 | $17.90 | -34.94% |
| September, 2029 | $22.80 | $13.20 | $23.18 | -1.82% |
| October, 2029 | $23.79 | $19.66 | $24.76 | +2.44% |
| November, 2029 | $20.40 | $19.62 | $26.80 | -12.16% |
| December, 2029 | $17.99 | $15.47 | $23.56 | -22.53% |
CarGurus Inc Stock (CARG) Price Forecast for 2030
CarGurus Inc Stock (CARG) is expected to reach an average price of $12.31 in 2030, with a high forecast of $24.52 and a low forecast of $0.087. This signifies an -47.00% decrease from the last price of $23.22.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $20.71 | $17.51 | $24.52 | -10.79% |
| February, 2030 | $17.06 | $14.70 | $21.37 | -26.51% |
| March, 2030 | $18.03 | $16.64 | $21.24 | -22.33% |
| April, 2030 | $18.05 | $16.97 | $20.12 | -22.28% |
| May, 2030 | $14.67 | $12.23 | $18.16 | -36.81% |
| June, 2030 | $12.75 | $11.78 | $18.30 | -45.08% |
| July, 2030 | $15.61 | $10.86 | $15.75 | -32.77% |
| August, 2030 | $21.93 | $14.10 | $21.94 | -5.55% |
| September, 2030 | $18.96 | $18.53 | $23.22 | -18.35% |
| October, 2030 | $17.58 | $16.97 | $19.40 | -24.29% |
| November, 2030 | $16.88 | $16.25 | $20.99 | -27.29% |
| December, 2030 | $3.027 | $0.087 | $17.62 | -86.96% |
2.09%
0.04%
Cap:
|
Volume (24h):