CARG — CarGurus

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About CarGurus

CarGurus, Inc. operates an online automotive platform for buying and selling vehicles in the United States and internationally. The company offers dealer subscription fees, advertising from auto manufacturers and other brand advertisers, and partnerships with financing services companies. It provides an online automotive marketplace that connects large audience of car shoppers with extensive network of dealers, anchoring integrated suite of produ… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$28.24
Market Cap$2.52B
Float74.0M
Shares Outstanding76.0M
P/E (Forward)11.15
P/E (TTM)14.70
Price/Sales (TTM)2.64
vs. Analyst Target+32.3% to analyst PT
Profit Margin15.89%
Operating Margin (TTM)24.55%
Revenue (TTM)$938M
Earnings Growth (YoY)-8.40%
Dividend RateNone
Analyst Target Price$37.36 (13 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $551M $77.6M $509M $105M
2021 $951M $109M $657M $200M
2022 $1.66B $194M $658M $168M
2023 $914M $31.1M $651M $81.1M
2024 $894M $21.0M $739M $173M
2025 $939M $156M $836M $235M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $234M $22.3M
Sep 2025 $239M $44.7M
Dec 2025 $241M $49.8M
Mar 2026 $244M $32.2M

Ownership & Float

Insider Ownership2.5%
Institutional Ownership111.9%
Short Float9.9%
% of All Funds Holding4.05%
Number of Funds Holding333

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$33.93Near-term / short-term trend
Weekly40-Week SMA$34.55Medium-term trend
Weekly80-Week SMA$33.88Cyclical trend (business cycle)
Weekly200-Week SMA$26.12Secular trend (multi-year)
Monthly10-Month SMA$34.24Near-term monthly trend
Monthly20-Month SMA$33.70Medium-term monthly trend
Monthly40-Month SMA$27.85Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$36.70 resistance 1.10x 0 months ago

Historical Earnings Reactions (35 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 1.48% 3.25% 68.57% 19.18% -32.27%
1 Day 1.48% 3.58% 62.86% 43.96% -26.54%
1 Week 0.78% 1.53% 57.14% 29.32% -24.87%
2 Weeks -0.40% 0.28% 51.43% 28.21% -27.10%
1 Month 2.22% 4.40% 61.76% 36.48% -52.35%

Next earnings: July 26, 2026 (60 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan4.5%55.6%9
Feb-2.5%11.1%9
Mar-2.0%44.4%9
Apr-3.1%44.4%9
May3.8%75.0%8
Jun2.7%62.5%8
Jul7.1%75.0%8
Aug-3.6%50.0%8
Sep-2.0%50.0%8
Oct-1.8%50.0%8
Nov8.1%66.7%9
Dec1.9%55.6%9

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.08% 52.3% 405
Tuesday 0.04% 51.0% 445
Wednesday 0.12% 50.3% 441
Thursday 0.08% 52.0% 433
Friday 0.09% 49.4% 435

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 111.9%

Insider Transactions — Smart Summary

Total insider ownership: 2.5%

Founder-led management: Langley Steinert (Founder & Executive Chairman)

12-Month Insider Activity Summary

Total Filings42
Net Value-$15.2M
Net Shares Change-421,950
% of Float-0.6%
C-Suite Filings40
Clusters Detected7

Key Insiders

NameTitleNet ValueFilingsActivity
Steinert Langley Executive Chair -$4.3M 2 N/A
Kaufer Stephen +$1.0M 1 1 buy
Hanson Jennifer Ladd Chief People Officer -$661,222.438 2 N/A
Sarnoff Dafna Chief Marketing Officer -$537,239.85 2 N/A
Quinn Matthew Todd Chief Technology Officer -$391,900.96 1 N/A
Zamora Javier Esquivel General Counsel and Secretary -$384,753.05 1 N/A
Schwartz Greg M -$175,300 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-05-28 – 2025-06-11 7 5 -$5.8M 7 C-suite
2025-07-03 – 2025-07-14 5 5 -$1.3M 5 C-suite
2025-10-03 – 2025-10-17 4 4 -$1.2M 4 C-suite
2025-11-04 – 2025-11-12 4 4 -$1.2M 3 C-suite
2025-12-03 – 2025-12-17 3 3 -$1.2M 3 C-suite
2025-12-29 – 2026-01-06 5 4 -$1.8M 5 C-suite
2026-04-02 – 2026-04-06 4 3 -$471,044.11 4 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-03-04 Kaufer Stephen +$1.0M Transaction at $32.50, now -13.1%
2025-11-12 Schwartz Greg M -$175,300 Transaction at $35.06, now -19.5%
2025-06-02 Steinert Langley Executive Chair -$2.1M Transaction at $31.25, now -9.6%
2025-05-28 Steinert Langley Executive Chair -$2.2M Transaction at $31.58, now -10.6%
2025-10-02 Hanson Jennifer Ladd Chief People Officer -$532,241.448 Transaction at $37.06, now -23.8%
2025-06-05 Zamora Javier Esquivel General Counsel and Secretary -$384,753.05 Transaction at $31.37, now -10.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for CarGurus (CARG) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for CARG on Trend Edge →