CarGurus (CARG) Projected to Post Quarterly Earnings on Thursday

CarGurus (NASDAQ:CARG) is projected to issue its Q3 2025 results after the market closes on Thursday, November 6th. Analysts expect the company to announce earnings of $0.57 per share and revenue of $234.5650 million for the quarter. CarGurus has set its Q3 2025 guidance at 0.500-0.580 EPS.Parties can check the company’s upcoming Q3 2025 earningsummary page for the latest details on the call scheduled for Thursday, November 6, 2025 at 5:00 PM ET.

CarGurus (NASDAQ:CARG) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.03. The company had revenue of $234.03 million for the quarter, compared to the consensus estimate of $232.29 million. CarGurus had a return on equity of 36.23% and a net margin of 14.12%.The firm’s revenue was up 7.0% compared to the same quarter last year. During the same period last year, the business posted $0.41 earnings per share. On average, analysts expect CarGurus to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

CarGurus Stock Performance

Shares of NASDAQ:CARG opened at $34.28 on Thursday. The company has a market cap of $3.40 billion, a P/E ratio of 27.87, a P/E/G ratio of 1.68 and a beta of 1.52. The stock’s 50-day moving average is $35.78 and its 200-day moving average is $32.98. CarGurus has a 52-week low of $24.65 and a 52-week high of $41.33.

Analysts Set New Price Targets

CARG has been the topic of several research analyst reports. BTIG Research reaffirmed a “buy” rating and issued a $39.00 price target on shares of CarGurus in a research report on Friday, September 5th. Citizens Jmp downgraded CarGurus from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 2nd. UBS Group raised their price target on CarGurus from $36.00 to $40.00 and gave the company a “neutral” rating in a research report on Monday, October 6th. Oppenheimer lowered their price target on CarGurus from $42.00 to $40.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 12th. Finally, Wall Street Zen downgraded CarGurus from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 5th. Five analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $40.05.

Insider Transactions at CarGurus

In related news, insider Jennifer Ladd Hanson sold 9,998 shares of CarGurus stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $36.88, for a total transaction of $368,726.24. Following the sale, the insider directly owned 54,807 shares of the company’s stock, valued at $2,021,282.16. This trade represents a 15.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Samuel Zales sold 10,000 shares of CarGurus stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $34.92, for a total value of $349,200.00. Following the sale, the chief operating officer directly owned 420,259 shares in the company, valued at approximately $14,675,444.28. This trade represents a 2.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 29,998 shares of company stock worth $1,078,726. 16.99% of the stock is owned by company insiders.

Institutional Investors Weigh In On CarGurus

Institutional investors have recently added to or reduced their stakes in the stock. Sei Investments Co. boosted its holdings in CarGurus by 102.0% during the second quarter. Sei Investments Co. now owns 331,767 shares of the company’s stock valued at $11,104,000 after purchasing an additional 167,514 shares in the last quarter. Select Equity Group L.P. boosted its holdings in CarGurus by 14.9% during the second quarter. Select Equity Group L.P. now owns 1,050,244 shares of the company’s stock valued at $35,152,000 after purchasing an additional 136,269 shares in the last quarter. Qube Research & Technologies Ltd boosted its holdings in CarGurus by 30.4% during the second quarter. Qube Research & Technologies Ltd now owns 353,983 shares of the company’s stock valued at $11,848,000 after purchasing an additional 82,520 shares in the last quarter. Public Sector Pension Investment Board boosted its holdings in CarGurus by 3.4% during the second quarter. Public Sector Pension Investment Board now owns 288,514 shares of the company’s stock valued at $9,657,000 after purchasing an additional 9,586 shares in the last quarter. Finally, Cubist Systematic Strategies LLC boosted its holdings in CarGurus by 328.9% during the second quarter. Cubist Systematic Strategies LLC now owns 278,789 shares of the company’s stock valued at $9,331,000 after purchasing an additional 213,789 shares in the last quarter. 86.90% of the stock is owned by institutional investors and hedge funds.

About CarGurus

CarGurus, Inc operates an online automotive platform for buying and selling vehicles in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale. The company provides an online automotive marketplace where customers can search for new and used car listings from its dealers and sell their car to dealers and other consumers; and paid listings subscriptions for enhanced access to its marketplace that connects dealers to a large audience of informed and engaged consumers.