CARG stock price expected to decrease by 30 in 12 months

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CarGurus Inc shares valued at $310,900 were sold by Zales Samuel on Jun 16 ’25. At $31.09 per share, Zales Samuel sold 10,000 shares. The insider’s holdings dropped to 483,382 shares worth approximately $15.69 million following the completion of this transaction.

Also, Zales Samuel purchased 10,000 shares, netting a total of over 310,900 in proceeds.

Before that, Zamora Javier had sold 1,320 shares from its account. In a trade valued at $43,560, the General Counsel and Secretary traded CarGurus Inc shares for $33.00 each. Upon closing the transaction, the insider’s holdings decreased to 1,320 shares, worth approximately $3.29 million.

As published in a research note from JP Morgan on March 27, 2025, CarGurus Inc [CARG] has been rated down from an Overweight to a Neutral and the price target has been revised to $34 from $42. Analysts at Needham resumed the stock at ‘”a Buy”‘ outlook in a report released in mid January. As of June 07, 2024, JMP Securities has increased its “Mkt perform” rating to a “Mkt outperform” for CARG. Earlier on February 27, 2024, Needham resumed its rating. Their recommendation was “a Buy” for CARG stock.

Analyzing CARG Stock Performance

On last trading session,, CarGurus Inc [NASDAQ: CARG] plunged -2.58% to $32.45. The stock’s lowest price that day was $32.29, but it reached a high of $33.46 in the same session. During the last five days, there has been a surge of approximately 4.07%. Over the course of the year, CarGurus Inc shares have jumped approximately 28.77%. Shares of the company reached a 52-week high of $41.33 on 01/30/25 and a 52-week low of $24.65 on 04/07/25.

Support And Resistance Levels for CarGurus Inc (CARG)

According to the 24-hour chart, there is a support level at 32.00, which, if violated, would cause prices to drop to 31.56. In the upper region, resistance lies at 33.18. The next price resistance is at 33.91. RSI (Relative Strength Index) is 55.35 on the 14-day chart, showing neutral technical sentiment.

Is CarGurus Inc subject to short interest?

Stocks of CarGurus Inc saw a sharp steep in short interest on 2025-05-30 dropping by -0.19 million shares to 7.0 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 7.19 million shares. A decline of -2.65% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 6.81 of the overall float, the days-to-cover ratio (short ratio) decline to 6.81.

Which companies own the most shares of CarGurus Inc (CARG)?

In terms of CarGurus Inc share price expectations, FactSet research, analysts set an average price target of 30 in the next 12 months, down nearly -9.94% from the previous closing price of $33.31. Analysts anticipate CarGurus Inc stock to reach 40 by 2025, with the lowest price target being 14. In spite of this, 7 analysts ranked CarGurus Inc stock as Buy at the end of 2025. On September 15, 2023, UBS assigned a price target of “a Neutral” to the stock and initiated coverage with a $21.

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