CarGurus Inc
NASDAQ:CARG

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CarGurus Inc
NASDAQ:CARG
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Price: 36.54 USD 1.73% Market Closed
Market Cap: 3.8B USD
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CarGurus Inc
Common Stock

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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CarGurus Inc
Common Stock Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Common Stock CAGR 3Y CAGR 5Y CAGR 10Y
CarGurus Inc
NASDAQ:CARG
Common Stock
$104k
CAGR 3-Years
1%
CAGR 5-Years
1%
CAGR 10-Years
N/A
Snap Inc
NYSE:SNAP
Common Stock
$16.2k
CAGR 3-Years
3%
CAGR 5-Years
5%
CAGR 10-Years
N/A
Pinterest Inc
NYSE:PINS
Common Stock
$7k
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Alphabet Inc
NASDAQ:GOOGL
Common Stock
$12.3m
CAGR 3-Years
164%
CAGR 5-Years
78%
CAGR 10-Years
34%
Match Group Inc
NASDAQ:MTCH
Common Stock
$294k
CAGR 3-Years
-1%
CAGR 5-Years
0%
CAGR 10-Years
N/A
Meta Platforms Inc
NASDAQ:META
Common Stock
$15k
CAGR 3-Years
-4%
CAGR 5-Years
-2%
CAGR 10-Years
N/A
No Stocks Found

CarGurus Inc
Glance View

Market Cap
3.8B USD
Industry
Media

CarGurus Inc. began as an innovative disruptor in the automotive marketplace landscape, spearheaded by Langley Steinert, one of the co-founders of TripAdvisor. Founded in 2006 and based in Cambridge, Massachusetts, the company leveraged its tech-savvy DNA to create a platform where transparency in car buying and selling became paramount. CarGurus' business strategy hinges on a potent blend of technology and data analytics to enhance the car purchasing experience. By employing algorithms and consumer data, CarGurus helps potential car buyers make informed decisions by ranking vehicles based on various metrics such as price, dealer reputation, and vehicle history. This analytical approach enables consumers to sift through vast automotive listings with intelligent filters, thus making the car-buying process less daunting and more efficient. The financial backbone of CarGurus lies primarily in its subscription-based revenue model, charging dealers for listing their vehicles on the platform. Dealers pay for premium exposure, gaining access to a wider audience of potential buyers through enhanced dashboard features and analytics that provide insights into market trends and consumer preferences. Additionally, CarGurus monetizes its vast user base through advertising partnerships and ancillary services. By acting as a conduit between buyers and sellers, CarGurus taps into the broader digital advertising ecosystem, capitalizing on its traffic and engagement metrics to offer targeted advertising solutions. This dual revenue approach allows CarGurus to maintain its growth trajectory while continually refining its platform to enhance user experience and dealer satisfaction.

CARG Intrinsic Value
41.71 USD
Undervaluation 12%
Intrinsic Value
Price

See Also

What is CarGurus Inc's Common Stock?
Common Stock
104k USD

Based on the financial report for Sep 30, 2024, CarGurus Inc's Common Stock amounts to 104k USD.

What is CarGurus Inc's Common Stock growth rate?
Common Stock CAGR 5Y
1%

Over the last year, the Common Stock growth was 4%. The average annual Common Stock growth rates for CarGurus Inc have been 1% over the past three years , 1% over the past five years .

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