CARG - CarGurus, Inc.
CarGurus NASDAQ: CARG Chief Executive Jason Trevisan said the company is accelerating product development across dealer and consumer offerings, with inventory tools, artificial intelligence and international expansion among the key areas of focus.
CarGurus, Inc. (CARG) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
BOSTON, May 11, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.1, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to participate in a fireside chat at the J.P. Morgan 2026 Global Technology, Media and Communications Conference on Monday, May 18, 2026, at 2:50 PM ET.
Cars.com is a value trap despite a post-Q1 earnings rebound. The company faced flat revenue trends and weak dealer retention, which stands in stark contrast to larger rival CarGurus. Traffic is declining, while the company is facing flat dealer counts and flat average revenue (compared to mid-teens growth for CarGurus).
CarGurus remains a deeply undervalued, high-margin, and stable growth play amid a crowded AI and semiconductor market. CARG's 15% revenue growth, expanding dealer base, and strong international momentum highlight resilient fundamentals despite a mixed Q1 and macro headwinds. Trading at 9.4x EV/FY26 adjusted EBITDA, CARG offers compelling value, reinforced by robust buybacks and a debt-free balance sheet.
CarGurus, Inc. (CARG) Q1 2026 Earnings Call Transcript
CarGurus (CARG) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.46 per share a year ago.
Although the revenue and EPS for CarGurus (CARG) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Q1'26 revenue grew 15% YoY to $244 million, at the midpoint of our guidance range Q1'26 GAAP Net Income from continuing operations of $32.2 million, down 23% YoY; Non-GAAP Adjusted EBITDA from continuing operations of $80.2 million, above the high end of our guidance range Repurchased $175 million worth of shares in Q1'26; total repurchases since December 2022 represent 29% of shares outstanding BOSTON, May 07, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.1, today announced financial results for the first quarter ended March 31, 2026.
Hyundai IONIQ 5 stands out in car shopping website's inaugural Confidence Awards CarGurus honors IONIQ 5 for delivering the best real-world EV experience 2026 IONIQ 5 delivers up to an EPA ‑ estimated 318 miles i of all-electric range with rapid 350kW DC fast ‑ charging ii capability IONIQ 5 is proudly assembled in the U.S. at Hyundai Motor Group Metaplant America (HMGMA) in Bryan County, GA FOUNTAIN VALLEY, Calif., May 6, 2026 /PRNewswire/ -- Hyundai Motor America today announced that the 2026 Hyundai IONIQ 5 has been recognized with the "Best EV Experience" award in CarGurus' inaugural Confidence Awards.
Chosen by expert reviewers and backed by CarGurus' proprietary data, the awards highlight the best cars for affordability, modern design, and smart engineering in four key categories BOSTON, May 06, 2026 (GLOBE NEWSWIRE) -- CarGurus , the No. 1 most visited automotive shopping site in the U.S.1, today announced the winners of the 2026 CarGurus Confidence Awards, recognizing standout vehicles in four categories that reflect the needs of today's shoppers: Best Truck for Families, Best Family Upgrade, Best Electric Vehicle (EV) Experience, and Best Smart Luxury Model.
AEGON ASSET MANAGEMENT UK Plc acquired a new stake in shares of CarGurus, Inc. (NASDAQ: CARG) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 55,100 shares of the company's stock, valued at approximately $2,113,000. AEGON ASSET MANAGEMENT UK Plc owned about 0.06%
BOSTON, April 20, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.1, announced it will issue a press release reporting financial results for the quarter ended March 31, 2026, after the close of the market on May 7, 2026.
Allspring Global Investments Holdings LLC trimmed its holdings in shares of CarGurus, Inc. (NASDAQ: CARG) by 40.2% in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,941 shares of the company's stock after selling 61,183 shares during the period. Allspring
Growing used car demand and surging interest in fuel-efficient vehicles are creating new opportunities for shoppers and dealers alike BOSTON, April 07, 2026 (GLOBE NEWSWIRE) -- CarGurus, the No. 1 most visited automotive shopping site in the U.S.¹, today released its Quarterly Review for Q1 2026, highlighting the key trends shaping the automotive market and where opportunities are emerging for car shoppers and dealers.
SG Americas Securities LLC boosted its holdings in CarGurus, Inc. (NASDAQ: CARG) by 61.6% in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,812 shares of the company's stock after purchasing an additional 14,788 shares during the quarter. SG Americas Securities LLC's
CarGurus, Inc. (NASDAQ: CARG - Get Free Report) insider Jennifer Ladd Hanson sold 567 shares of the firm's stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $33.04, for a total transaction of $18,733.68. Following the sale, the insider owned 96,432 shares of the company's stock,
Aberdeen Group plc purchased a new stake in shares of CarGurus, Inc. (NASDAQ: CARG) in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 381,836 shares of the company's stock, valued at approximately $14,643,000. Aberdeen Group plc owned
CarGurus, Inc. (NASDAQ: CARG - Get Free Report) insider Jennifer Ladd Hanson sold 2,499 shares of the stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $35.61, for a total value of $88,989.39. Following the completion of the transaction, the insider owned 98,191 shares of the
Shares of CarGurus, Inc. (NASDAQ: CARG - Get Free Report) have been assigned an average recommendation of "Hold" from the thirteen research firms that are currently covering the stock, MarketBeat.com reports. Eight investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price