Rating Change
Oppenheimer reiterated its Outperform rating on CarGurus, Inc. (NASDAQ:CARG) on August 12, 2026.
reiterateNASDAQ:CARG
Oppenheimer Reiterates Outperform Rating on CarGurus, Inc. (CARG)
Oppenheimer reiterated its Outperform rating on CarGurus, Inc. (NASDAQ:CARG) on August 12, 2026.
At publication ·
What changed
CarGurus, Inc. (NASDAQ:CARG) · reiterate
- Firm
- Oppenheimer
- Rating
- Outperform to Outperform
- Price at event
- $36.88
- Market capitalization
- $3.8B
At a glance
Key takeaways
- Oppenheimer reiterated an Outperform rating on CarGurus (CARG) on August 12, 2026, with the stock trading at $36.88 and a market capitalization of $3.8 billion.
Market Context
CarGurus, Inc. operates in the Consumer Cyclical sector. The stock currently trades at $36.88 with a market capitalization of $3.8B. The stock has gained 24.3% over the past 52 weeks.
Analyst coverage from Oppenheimer provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for CarGurus, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for CarGurus, Inc.
Among the 10 most recent ratings: 9 Buy, 1 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 12, 2026 | Oppenheimer | Outperform | N/A |
| Aug 10, 2026 | Barclays | Overweight | N/A |
| Aug 07, 2026 | UBS | Neutral | N/A |
| Aug 07, 2026 | RBC Capital | Outperform | N/A |
| Aug 07, 2026 | Needham | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View CARG Stock Page
Frequently Asked Questions
What does the Outperform rating mean for CARG?
A rating of Outperform from Oppenheimer reflects the analyst's outlook on CarGurus, Inc. (NASDAQ:CARG). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the CARG forecast page.