CarGurus delivered a strong Q3 beat and guidance raise, driving a post-earnings rally and presenting an attractive entry point for investors. CARG benefits from its dominant position as the top U.S. used car marketplace, expanding software offerings, and supportive macro trends boosting dealer demand. The company is refocusing on its high-margin marketplace business, achieving ~90% gross margins and robust adjusted EBITDA growth, while trading at compelling valuation multiples.
CarGurus, Inc. ( CARG ) Q3 2025 Earnings Call November 6, 2025 5:00 PM EST Company Participants Kirndeep Singh - VP & Head of Investor Relations Jason Trevisan - CEO, CFO, Principal Accounting Officer & Director Samuel Zales - COO & President Conference Call Participants Christopher Pierce - Needham & Company, LLC, Research Division Marvin Fong - BTIG, LLC, Research Division Vincent Kardos - Jefferies LLC, Research Division Jamesmichael Sherman-Lewis - Citigroup Inc., Research Division Ryan James Powell - B. Riley Securities, Inc., Research Division Rajat Gupta - JPMorgan Chase & Co, Research Division Presentation Operator Good day, and welcome to the CarGurus earnings call.
CarGurus is looking to double its total addressable market by adding artificial intelligence-powered products that go beyond its existing automotive shopping site. The company's growing range of AI-powered solutions for car dealers will expand its addressable market to include not only the $3.5 billion that U.S.
Although the revenue and EPS for CarGurus (CARG) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
CarGurus (CARG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CarGurus is undervalued at
CarGurus, Inc. (NASDAQ:CARG ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Jason M. Trevisan - CEO, CFO, Principal Accounting Officer & Director Kirndeep Singh - VP & Head of Investor Relations Samuel Zales - COO & President Conference Call Participants Andrew M.
While the top- and bottom-line numbers for CarGurus (CARG) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
CarGurus (CARG) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.41 per share a year ago.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for CarGurus (CARG), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2025.
LTM, CARG and GLDD made it to the Zacks Rank #1 (Strong Buy) growth stocks list on June 10, 2025.
CarGurus has added an artificial intelligence-powered search experience to its online platform for buying and selling new and used vehicles. [contact-form-7] This search experience allows consumers to use conversational language to discover vehicles that meet their needs, compare models, and refine the search results, the company said in a Monday (June 9) press release.