35.40
price down icon0.95%   -0.24
after-market After Hours: 34.95 -0.45 -1.27%
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Cargurus Inc Stock (CARG) Forecast

The Cargurus Inc (CARG) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $23.24, representing a -34.35% decrease from the current price of $35.40. The highest analyst price target is $25.03, and the lowest is $21.45.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month CARG Price Target
Average 12.58 (-64.47% Downside)
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Is Cargurus Inc (CARG) A Buy Now?

Oscillators
Name Value Action
RSI(14) 65.29 Neutral
STOCH(9,6) 75.54 Neutral
STOCHRSI(14) 38.89 Neutral
MACD(12,26) 1.4725 Buy
ADX(14) 40.45 Buy
William %R -32.48 Neutral
CCI(14) 45.77 Neutral
Buy: 2 Sell: 0 Neutral: 5
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
35.03
Buy
34.99
Buy
MA20
33.28
Buy
33.78
Buy
MA50
31.25
Buy
31.64
Buy
MA100
28.74
Buy
29.51
Buy
MA200
26.13
Buy
26.90
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, CARG could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 0 signaling Sell signals and 5 Neutral signals. This might be a good time to open fresh positions on CARG, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 65.29 indicates that CARG is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 75.54 indicates that CARG is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 38.89 indicates that CARG is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 40.45 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 45.77 indicates that CARG is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.

Long-term CARG price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Cargurus Inc financial reports and earnings history, Cargurus Inc (CARG) stock could reach $6.3783 by 2030, $16.08 by 2040 and $20.45 by 2050. See the projected annual prices until 2050 of the Cargurus Inc stock below:

  • Cargurus Inc (CARG) is expected to reach an average price of $0.9082 in 2035, with a high prediction of $3.105 and a low estimate of $0.3918. This indicates an $-97.43% rise from the last recorded price of $35.40.
  • Cargurus Inc (CARG) stock is projected to chart a bullish course in 2040, with an average price target of $16.64, representing an $-52.99% surge from its current level. The forecast ranges from a conservative $16.13 to a sky-high $16.08.
  • Our analysts predict Cargurus Inc (CARG) to jump -5.92% by 2045, soaring from $31.68 to an average price of $33.31, potentially reaching $32.08. While $31.68 is the low estimate, the potential upside is significant.
  • Cargurus Inc (CARG) stock is expected to climb by 2050, reaching an average of $19.64, a $-44.51% jump from its current level. However, a wide range of estimates exists, with high and low targets of $20.45 and $18.52, respectively, highlighting the market's uncertainty.

Cargurus Inc Stock (CARG) Year by Year Forecast

Cargurus Inc Stock (CARG) Price Forecast for 2024

Our forecast for CARG stock price in 2024 now indicates an average price target of $19.37 with a high forecast of $26.13 and a low forecast of $12.62. The average prediction reflects an decrease of -45.27% from the last recorded price of $35.40.
Month Average Low High Change from today's price
December, 2024 $22.47 $21.45 $25.03 -36.53%

Cargurus Inc Stock (CARG) Price Forecast for 2025

Cargurus Inc Stock (CARG) is expected to reach an average price of $11.50 in 2025, with a high prediction of $22.87 and a low estimate of $0.1258. This indicates an -67.52% fall from the last recorded price of $35.40.
Month Average Low High Change from today's price
January, 2025 $20.63 $18.82 $22.65 -41.73%
February, 2025 $20.05 $18.93 $22.87 -43.35%
March, 2025 $9.5109 $9.2426 $20.59 -73.13%
April, 2025 $3.3017 $0.3675 $10.15 -90.67%
May, 2025 $3.1083 $0.1258 $5.265 -91.22%
June, 2025 $7.8149 $4.5324 $11.37 -77.92%
July, 2025 $12.12 $8.229 $13.44 -65.78%
August, 2025 $11.76 $7.8039 $12.76 -66.77%
September, 2025 $15.09 $8.3264 $17.02 -57.36%
October, 2025 $8.3896 $7.7296 $15.84 -76.30%
November, 2025 $6.9562 $6.5362 $10.37 -80.35%
December, 2025 $5.377 $4.6886 $8.5295 -84.81%

Cargurus Inc Stock (CARG) Price Forecast for 2026

The predicted value for Cargurus Inc (CARG) in 2026 is set at an average of $13.94. Estimates vary from a peak of $22.37 to a trough of $5.5011, indicating an -60.63% surge from the present price of $35.40.
Month Average Low High Change from today's price
January, 2026 $10.22 $5.5011 $10.87 -71.12%
February, 2026 $19.73 $9.376 $20.78 -44.27%
March, 2026 $17.64 $16.67 $20.18 -50.18%
April, 2026 $15.61 $14.40 $22.37 -55.91%
May, 2026 $10.69 $9.4758 $15.43 -69.79%
June, 2026 $10.41 $8.6083 $11.98 -70.59%
July, 2026 $14.75 $9.2973 $15.42 -58.33%
August, 2026 $11.40 $10.58 $15.14 -67.80%
September, 2026 $12.20 $10.17 $14.20 -65.54%
October, 2026 $17.62 $11.75 $18.31 -50.24%
November, 2026 $16.96 $12.80 $18.40 -52.08%
December, 2026 $18.11 $15.61 $20.05 -48.83%

Cargurus Inc Stock (CARG) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Cargurus Inc (CARG) is $22.17, with a high forecast of $37.34 and a low forecast of $7.0086. This indicates an -37.37% decrease from the last price of $35.40.
Month Average Low High Change from today's price
January, 2027 $20.72 $17.60 $22.36 -41.47%
February, 2027 $24.80 $19.53 $26.63 -29.95%
March, 2027 $19.47 $18.28 $26.76 -45.01%
April, 2027 $19.05 $17.82 $22.98 -46.18%
May, 2027 $21.31 $15.66 $21.69 -39.80%
June, 2027 $29.05 $16.83 $37.34 -17.94%
July, 2027 $29.89 $23.04 $33.11 -15.57%
August, 2027 $22.28 $22.12 $32.95 -37.05%
September, 2027 $13.43 $7.7464 $24.66 -62.05%
October, 2027 $10.26 $8.5213 $14.42 -71.01%
November, 2027 $11.03 $8.6096 $11.93 -68.85%
December, 2027 $8.0786 $7.0086 $14.39 -77.18%

Cargurus Inc Stock (CARG) Price Forecast for 2028

In 2028, Cargurus Inc (CARG) is projected to reach an average price of $6.2828, with a high projection of $12.31 and a low estimate of $0.2511. This indicates an -82.25% fall from the last price of $35.40.
Month Average Low High Change from today's price
January, 2028 $7.1352 $5.9552 $9.3028 -79.84%
February, 2028 $2.3218 $1.8118 $7.7735 -93.44%
March, 2028 $2.8326 $1.0484 $3.946 -92.00%
April, 2028 $1.3292 $1.2592 $3.7467 -96.25%
May, 2028 $2.0199 $0.2511 $3.0555 -94.29%
June, 2028 $4.7166 $1.4641 $5.2766 -86.68%
July, 2028 $5.0132 $4.6707 $7.189 -85.84%
August, 2028 $5.6239 $4.0773 $8.5398 -84.11%
September, 2028 $6.1305 $5.3381 $7.6755 -82.68%
October, 2028 $5.1521 $4.3371 $7.1447 -85.45%
November, 2028 $8.6179 $5.0413 $9.2313 -75.66%
December, 2028 $11.84 $8.642 $12.31 -66.54%

Cargurus Inc Stock (CARG) Price Forecast for 2029

The 2029 price forecast for Cargurus Inc Stock (CARG) is $9.2574 on average, with a high prediction of $14.55 and a low estimate of $3.96. This represents an -73.85% decrease from the previous price of $35.40.
Month Average Low High Change from today's price
January, 2029 $12.00 $10.73 $13.51 -66.12%
February, 2029 $7.3418 $6.8694 $12.04 -79.26%
March, 2029 $7.1684 $6.9434 $8.3284 -79.75%
April, 2029 $6.995 $6.5259 $7.5776 -80.24%
May, 2029 $8.8358 $6.4025 $9.8558 -75.04%
June, 2029 $11.52 $8.5999 $11.90 -67.45%
July, 2029 $14.10 $10.99 $14.55 -60.17%
August, 2029 $13.30 $12.43 $14.07 -62.43%
September, 2029 $14.00 $12.48 $14.33 -60.46%
October, 2029 $13.48 $11.90 $14.45 -61.93%
November, 2029 $12.57 $11.55 $14.08 -64.48%
December, 2029 $5.69 $3.96 $13.96 -83.93%

Cargurus Inc Stock (CARG) Price Forecast for 2030

Cargurus Inc Stock (CARG) is expected to reach an average price of $6.2896 in 2030, with a high forecast of $12.49 and a low forecast of $0.0909. This signifies an -82.23% decrease from the last price of $35.40.
Month Average Low High Change from today's price
January, 2030 $2.8115 $0.1876 $6.3783 -92.06%
February, 2030 $5.2897 $2.2948 $6.3998 -85.06%
March, 2030 $3.4229 $2.2813 $5.4979 -90.33%
April, 2030 $0.171 $1.0889 $3.5662 -99.52%
May, 2030 $1.1824 $0.456 $3.8577 -96.66%
June, 2030 $1.3858 $0.9992 $1.5258 -96.09%
July, 2030 $7.7773 $0.0909 $9.1473 -78.03%
August, 2030 $5.0105 $4.5805 $8.6556 -85.85%
September, 2030 $3.7538 $3.0872 $5.4789 -89.40%
October, 2030 $5.9647 $2.547 $7.2304 -83.15%
November, 2030 $10.52 $6.0881 $9.3515 -70.28%
December, 2030 $14.93 $12.45 $12.49 -57.82%
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Cap:     |  Volume (24h):