CarGurus is rated BUY, driven by robust AI adoption, strong cash flows, and an undervalued 10x forward EV/EBITDA multiple. Q2 2026 results exceeded expectations, with 13% revenue growth, 8–11% QARSD gains, and continued international expansion. AI-driven tools like PriceVantage and VINMax are boosting dealer engagement, conversion rates, and operational efficiency.
CarParts.com and CarGurus are each leveraging their own proprietary data to differentiate their platforms from competitors, executives at the two companies said in their Thursday (Aug. 6) earnings reports. CarParts.
CarGurus, Inc. (CARG) Q2 2026 Earnings Call Transcript
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 104 | $3,355.93 | $3,768.96 | $413.03 | 12.31% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 23,783 | $809,743.84 | $927,180.25 | $117,436.41 | 14.5% |
| BG Bart Gancher Intech Investment Management LLC | 37,950 | $1.36M | $1.48M | $114,019.52 | 8.36% |
| SR Shantelle Reidy Ironwood Investment Management LLC | 10,630 | $323,783.04 | $397,880.9 | $74,097.86 | 22.89% |
| JM John Malone Amundi | 29,697 | $1.1M | $1.12M | $20,142.93 | 1.84% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Marvin Fong BTIG | 749.53 | $29,201.78 | $29,201.78 | - | - |
| Software Industry | Information Technology Sector | Jason Trevisan CEO | NASDAQ (NGS) Exchange | 141788109 CUSIP |
| US Country | 1,218 Employees | - Last Dividend | - Last Split | - IPO Date |
CarGurus, Inc. stands as a leading online automotive platform, facilitating the buying and selling of vehicles across the United States and internationally. With a foundational presence established in 2005 and headquartered in Cambridge, Massachusetts, the corporation transitioned from CarGurus LLC to CarGurus, Inc. in June 2015. It has segmented its operations into U.S. Marketplace and Digital Wholesale, aiming to streamline the connection between consumers and a wide array of automotive listings. Their model prioritizes accessibility and ease, offering a diverse range of vehicles while enhancing dealer visibility to a vast, informed audience.
This flagship service provides a user-friendly interface for customers to search through new and used car listings from an extensive network of dealers. This platform facilitates both the purchase of vehicles by consumers and the sale of cars by dealers and other consumers, ensuring a comprehensive marketplace for automotive needs.
CarGurus offers enhanced access to its marketplace through paid subscriptions, allowing dealers to increase their visibility among a large audience of engaged consumers. This service caters to dealers looking to maximize their reach and attract more informed customers to their listings.
The company extends its services beyond the marketplace, providing advertising options for dealers and non-dealers alike. These offerings are designed to amplify visibility across CarGurus’ websites and social media platforms, enabling broader exposure in the digital automotive space.
Under the CarGurus brand, the company operates online marketplaces not only in the United States but also in Canada and the United Kingdom, augmenting its presence in the international automotive market. Additionally, it offers unique brands within the U.S., such as Autolist and CarOffer, and the PistonHeads brand in the United Kingdom, catering to the diverse preferences and needs of its global user base.