CarGurus (CARG) to Release Quarterly Earnings on Thursday

CarGurus (NASDAQ:CARG) will likely be announcing 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.Interested persons are encouraged to explore the company’s upcoming Q3 2025 earningoverview page for the latest details on the call scheduled for Thursday, November 6, 2025 at 5:00 PM ET.

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

CarGurus Stock Down 3.2%

Shares of NASDAQ:CARG opened at $33.98 on Wednesday. The firm has a fifty day moving average of $35.86 and a two-hundred day moving average of $33.24. CarGurus has a 12-month low of $24.65 and a 12-month high of $41.33. The firm has a market capitalization of $3.37 billion, a P/E ratio of 27.63, a price-to-earnings-growth ratio of 1.67 and a beta of 1.50.

Insiders Place Their Bets

In other news, COO Samuel Zales sold 10,000 shares of CarGurus stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $34.98, for a total value of $349,800.00. Following the transaction, the chief operating officer owned 410,259 shares of the company’s stock, valued at $14,350,859.82. This trade represents a 2.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jennifer Ladd Hanson sold 9,998 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $36.88, for a total transaction of $368,726.24. Following the completion of the transaction, the insider owned 54,807 shares in the company, valued at $2,021,282.16. The trade was a 15.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 41,226 shares of company stock valued at $1,471,482 over the last 90 days. 17.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CARG. Osaic Holdings Inc. raised its holdings in CarGurus by 335.4% in the 2nd quarter. Osaic Holdings Inc. now owns 14,264 shares of the company’s stock valued at $477,000 after acquiring an additional 10,988 shares in the last quarter. Orion Porfolio Solutions LLC acquired a new position in shares of CarGurus in the second quarter valued at $206,000. Nomura Holdings Inc. acquired a new stake in CarGurus during the second quarter worth $367,000. Public Sector Pension Investment Board boosted its stake in CarGurus by 3.4% during the second quarter. Public Sector Pension Investment Board now owns 288,514 shares of the company’s stock worth $9,657,000 after buying an additional 9,586 shares in the last quarter. Finally, Headlands Technologies LLC increased its holdings in CarGurus by 295.0% in the 2nd quarter. Headlands Technologies LLC now owns 28,038 shares of the company’s stock valued at $938,000 after buying an additional 20,939 shares during the period. Institutional investors and hedge funds own 86.90% of the company’s stock.

Wall Street Analyst Weigh In

CARG has been the topic of several research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CarGurus in a research report on Wednesday, October 8th. UBS Group boosted their price target on CarGurus from $36.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday, October 6th. JPMorgan Chase & Co. raised their price objective on shares of CarGurus from $38.00 to $43.00 and gave the company a “neutral” rating in a research report on Tuesday, October 14th. BTIG Research reiterated a “buy” rating and issued a $39.00 target price on shares of CarGurus in a research note on Friday, September 5th. Finally, Gordon Haskett started coverage on shares of CarGurus in a research note on Monday, July 14th. They set a “hold” rating and a $35.00 price target on the stock. Five investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $40.05.

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.