Headquartered in Boston, MA Fiscal year ends December NASDAQ: CARG cargurus.com
CarGurus, Inc. (Nasdaq: CARG) operates online automotive marketplaces in the U.S., U.K., and Canada that connect car shoppers with dealers. Founded in 2006 to bring more trust and transparency to car shopping, the company earns revenue primarily from dealer subscriptions, which are tracked through paying dealer counts and Quarterly Average Revenue per Subscribing Dealer (QARSD).
At the end of Q3 2026 it had 34,701 paying dealers: 26,402 in the U.S. and 8,299 internationally. The U.S. accounted for the large majority of revenue.
For consumers, CarGurus offers vehicle inventory listings, pricing insights and research tools covering the journey from online shopping to in-dealership decisions. For dealers, it provides a data-driven intelligence and software platform covering inventory acquisition and pricing, marketing, and conversion to sale. It is expanding into AI-enabled dealer workflow solutions, including the newly launched StockVantage inventory product, and is distributing its consumer experience through third-party AI tools.
Its brands include CarGurus, PistonHeads (a U.K. online motoring community) and Autolist (a U.S. online marketplace). The company wound down its CarOffer digital wholesale business, completed as of December 31, 2025; it is now reported as discontinued operations. Updated
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Thursday's additional top analyst upgrades and downgrades included Advanced Micro Devices, AppLovin, Carvana, Duke Energy and Plug Power.
Tuesday's additional top analyst upgrades and downgrades included Acadia Pharmaceuticals, CarGurus, CubeSmart, Etsy, Keurig Dr Pepper and Molson Coors Beverage.
Friday afternoon's top analyst upgrades and downgrades included Airbnb, BP, Chewy, Honeywell, Starbucks and more.
Thursday afternoon's analyst upgrades and downgrades included CarGurus, Coupang, Marathon Petroleum, Pentair and Yum! Brands.
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Friday's top analyst upgrades and downgrades included Alteryx, Booking, CarGurus, Datadog, FedEx, First Solar, Uber Technologies, Vonage, Yeti and Zillow.
Tuesday's top analyst upgrades and downgrades included ADM, Beyond Meat, Bristol-Myers, Carvana, CRISPR, FirstEnergy, Peloton, Shopify, Tesla, Uber and Visa.
CarGurus, Inc. (Nasdaq: CARG) operates online automotive marketplaces in the U.S., U.K., and Canada that connect car shoppers with dealers.
The Wall Street consensus 12-month price target for CARG is $41.36.
