Stocks · Communication Services · Internet Content & Information
CarGurus, Inc. CARG
$30.02 +0.98% Close, Oct 2, 2026 · NASDAQ · Market cap $2.90B
High qualityInexpensive vs sector
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- At 16.3× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
- Earnings beat analyst estimates in each of the last 10 quarters (average surprise over the last four: +4.5%).
- The diluted share count fell 9.1% in a year, mainly through buybacks.
PromtFinance scores
Each score is a percentile within the Communication Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 50%
- EPS growth (TTM, YoY)Top 28%
- FCF growth (TTM, YoY)Top 37%
- Revenue growth, 3-year CAGRBottom 4%
- Revenue growth accelerationTop 49%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 1%
- Gross marginTop 6%
- Operating marginTop 8%
- Cash conversion (OCF / net income)Bottom 34%
- Accruals (lower is better)Top 12%
- Net debt / EBITDA (lower is better)Top 28%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 20%
- Free-cash-flow yieldTop 32%
- EBITDA / enterprise valueTop 35%
- Sales / enterprise valueBottom 30%
- P/E vs own 5-year history (lower is better)Top 11%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 39%
- 6-month returnBottom 36%
- 1-year return vs S&P 500Bottom 36%
- Distance from 52-week highTop 41%
- Trend checklist (0–4)Bottom 45%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 47%
- Consecutive EPS beatsTop 9%
- Share of analysts rating BuyTop 28%
- Upside to consensus price targetBottom 49%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 39%
- Maximum drawdown, 3 yearsTop 25%
- Beta vs S&P 500 (lower is better)Bottom 43%
- Net debt / EBITDA (lower is better)Top 28%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 5.9% | 6.0% | ↑ |
| EPS growth (YoY) | 334.3% | 49.6% | ↓ |
| Gross margin | 85.5% | 91.1% | ↑ |
| Operating margin | 16.5% | 25.3% | ↑ |
| FCF margin | 26.6% | 31.8% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 6.0% | 5.9% | ↑ | Bottom 50% |
| EPS growth (TTM, YoY) | 49.6% | 334.3% | ↓ | Top 28% |
| Gross margin | 91.1% | 85.5% | ↑ | Top 6% |
| Operating margin | 25.3% | 16.5% | ↑ | Top 8% |
| Net margin | 18.1% | 14.1% | ↑ | — |
| Free-cash-flow margin | 31.8% | 26.6% | ↑ | — |
| Return on invested capital | 42.0% | — | Top 1% | |
| Revenue growth, 3-year CAGR | -17.2% | — | Bottom 4% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.81×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -25.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 5.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +0.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.23×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 12.74%
- Shareholder yield
- 12.74%
- Share count change, 1 year
- -9.1%
- Share count change, 3-year CAGR
- -7.3%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 10
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +4.5%
- Average 2-day reaction, last 8
- -0.0%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $41.17
- Target vs current price
- +37.1%
- Analysts with a rating
- 24
- Share rating Buy or Strong Buy
- 67%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +7.7% | -0.1% | +1.3% | -4.9% | — |
| May 7, 2026 | +3.6% | +2.0% | -16.5% | -26.8% | -1.3% |
| Feb 19, 2026 | +3.3% | +3.2% | +6.9% | +20.0% | +6.1% |
| Nov 6, 2025 | +3.6% | -2.7% | +4.7% | +5.3% | -13.4% |
| Aug 7, 2025 | +5.6% | -1.3% | +0.9% | +13.7% | +7.4% |
| May 8, 2025 | +9.5% | -1.4% | +18.7% | +12.0% | +11.4% |
| Feb 20, 2025 | +10.0% | -1.4% | -18.2% | -21.6% | -13.7% |
| Nov 7, 2024 | +7.1% | +1.4% | +11.2% | +16.7% | +20.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $0.66 | $0.61 | +7.7% | $251.0M |
| May 7, 2026 | $0.58 | $0.56 | +3.6% | $243.6M |
| Feb 19, 2026 | $0.63 | $0.61 | +3.3% | $241.1M |
| Nov 6, 2025 | $0.57 | $0.55 | +3.6% | $238.7M |
| Aug 7, 2025 | $0.57 | $0.54 | +5.6% | $234.0M |
| May 8, 2025 | $0.46 | $0.42 | +9.5% | $225.2M |
| Feb 20, 2025 | $0.55 | $0.50 | +10.0% | $228.5M |
| Nov 7, 2024 | $0.45 | $0.42 | +7.1% | $231.4M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 16.3× | 32.1× | 0th | Top 20% |
| P/E (forward) | 11.4× | — | — | — |
| EV / EBITDA | 10.7× | — | — | Top 35% |
| EV / Sales | 3.04× | — | — | Bottom 30% |
| Free-cash-flow yield | 10.67% | — | — | Top 32% |
| Earnings yield | 6.13% | — | — | Top 20% |
P/E over the past five years
Range 18.8× – 208.8× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -20.1%
- Earnings per share growth (TTM)
- +49.6%
- Change in P/E multiple
- -22.6%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -2.2%
- 200-day average slope (20 days)
- -1.0%
- Distance from 50-day average
- -13.7%
- Distance from 200-day average
- -10.7%
- RSI (14)
- 32.0
- Relative volume
- 1.11×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 38.8%
- Volatility vs own 5-year history
- 41th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.03
- Correlation with S&P 500
- 0.36
- Current drawdown from 1-year high
- -23.1%
- Maximum drawdown, 3 years
- -37.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 28, 2022 | Dec 7, 2022 | -75.4% | 196 days | Not yet recovered |
| Feb 10, 2021 | Mar 24, 2021 | -34.8% | 29 days | 157 days (Nov 4, 2021) |
| Dec 7, 2021 | Jan 27, 2022 | -25.1% | 35 days | 20 days (Feb 25, 2022) |
| Dec 18, 2020 | Jan 29, 2021 | -14.2% | 27 days | 5 days (Feb 5, 2021) |
| Oct 9, 2020 | Oct 30, 2020 | -11.9% | 15 days | 5 days (Nov 6, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $2.90B
- P/E (TTM)
- 16.3
- EPS, diluted (TTM)
- $1.84
- Revenue (TTM)
- $974.3M
- 52-week range
- $26.39 – $41.22
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $951.4M | $1.66B | $914.2M | $894.4M | $939.0M |
| Gross profit | $657.4M | $657.6M | $651.5M | $738.9M | $835.5M |
| Operating income | $148.3M | $108.5M | $32.6M | $13.4M | $194.4M |
| Net income | $109.2M | $193.8M | $31.1M | $21.0M | $155.9M |
| EPS (diluted) | -$0.00 | $1.51 | $0.19 | $0.20 | $1.55 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $231.4M | $228.5M | $225.2M | $234.0M | $238.7M | $241.1M | $243.6M | $251.0M |
| Net income | $22.5M | $45.9M | $39.0M | $22.3M | $44.7M | $49.8M | $32.2M | $49.2M |
| EPS (diluted) | $0.21 | $0.43 | $0.37 | $0.22 | $0.45 | $0.51 | $0.34 | $0.54 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $98.3M | $256.1M | $124.5M | $255.5M | $295.3M |
| Capital expenditure | -$13.9M | -$17.3M | -$41.2M | -$75.2M | -$6.4M |
| Free cash flow | $84.4M | $238.8M | $83.3M | $180.3M | $288.9M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $663,000 | -$14.4M | -$208.5M | -$141.3M | -$351.5M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $122.1M
- Total assets
- $555.1M
- Total liabilities
- $290.8M
- Total debt
- $185.1M
- Net debt
- $63.0M
- Shareholders’ equity
- $264.4M
As of Jun 30, 2026 (filed Aug 6, 2026).
Short interest
- Shares sold short
- 7,226,663
- Days to cover
- 8.04
- Change vs previous report
- +13.2%
FINRA short interest, settlement date Sep 15, 2026.