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The Latest Breaking News from CarGurus

Tesla Values Are Tanking Three Times Faster Than Any Other Brand

Elon Musk once argued in 2019 that Teslas were an "appreciating asset." Today, with the brand's stock and used car values in absolute freefall, some owners are offloading their cars as quickly as possible to get out before the brand hits rock bottom.

InsideEVs

Carvana Pulls The Emergency Brake As Online Car Sellers Collapse

Carvana earnings triggered a slide for its shares. CarGurus and ACV Auctions joined the Carvana stock slide on Friday.

Investors Business Daily

Tesla Cybertrucks Are Piling Up On Used Car Lots

The Tesla Cybertruck was America’s best-selling electric pickup in the second quarter of 2024, the third-best-selling EV in the country in Q3, and the best-selling vehicle costing over $100,000 in the first half of the year. However, after starting the year strong, interest in the radical-looking stainless steel electric truck…

InsideEVs

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Lower-priced new cars are gaining popularity, and not just for cash-poor buyers

An “affordability shift” is taking root in the U.S. auto industry

The Independent UK

'Very Scared': Sony-Honda Chief Warns Japan Of China's EV Dominance

Yasuhide Mizuno, the head of Sony-Honda’s EV joint venture Afeela, warns Japan "will always be followers" to China in the electric race unless things change.

InsideEVs

CarGurus Stock Sees Relative Strength Rating Speed Up To 80

A Relative Strength Rating upgrade for CarGurus Cl A shows improving technical performance.

Investors Business Daily

Tesla Cybertruck hits big potholes as reported issues rise and used prices tumble

A number of Tesla Cybertruck owners have taken to online forums to express their discontent at several critical issues that have affected their vehicles.

TechRadar

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3 Profitable Internet Picks With Hidden Value

The internet services industry is expected to grow steadily due to increased internet penetration and digitization. Against this backdrop, it could be wise to buy fundamentally strong internet stocks trivago (TRVG), CarGurus (CARG), and Data Storage (DTST) for profits. Read more.

StockNews.com

Top 3 Internet Stocks to Buy in August

With the increased internet penetration, the sector is in an ever-evolving mode with robust prospects. In this light, fundamentally sound internet stocks, eBay Inc. (EBAY), CarGurus, Inc. (CARG), and Data Storage Corporation (DTST), could be excellent buys this month. Continue reading….

StockNews.com

Pinterest (PINS) vs. CarGurus (CARG): Which Stock Is Better to Own?

Amidst increasing internet penetration and increasing digitization, leading players such as Pinterest (PINS) and CarGurus (CARG) look well-positioned to benefit. To determine which stock might be the better investment, let’s explore the fundamentals.

StockNews.com

Carvana (CVNA) and CarGurus (CARG): Buy, Hold or Sell?

Online car markets have risen in popularity as consumers seek convenience. Therefore, it could be wise to consider buying fundamentally strong CarGurus (CARG), while Carvana (CVNA) might be best avoided considering its weak fundamentals. Continue reading.

StockNews.com

3 Internet Stocks to Buy Before June Ends

Growing digitalization across several sectors worldwide and the advent of advanced technologies have primed the internet industry for significant growth in the foreseeable future. Given the industry tailwinds, it could be wise to invest in robust internet stocks Booking Holdings (BKNG), Expedia Group (EXPE), and CarGurus (CARG) before the month-end.…

StockNews.com

Palo Alto Networks To Join S&P 500 Index: Here Are All The S&P Index Changes

Palo Alto Networks jumped on news that it will join the S&P 500 before the market open on June 20. Here are all the changes to the S&P indexes.

Investors Business Daily

Needham Maintains Buy Rating for CarGurus: Here's What You Need To Know

Needham has decided to maintain its Buy rating of CarGurus (NASDAQ:CARG) and lower its price target from $40.00 to $32.00. Shares of CarGurus are trading up 0.42% over the last 24 hours, at $22.52 per share. A move to $32.00 would account for a 42.13% increase from the current share…

Benzinga

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Benzinga

Where CarGurus Stands With Analysts

Over the past 3 months, 6 analysts have published their opinion on CarGurus (NASDAQ:CARG) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

CarGurus's Return On Capital Employed Overview

According to Benzinga Pro data CarGurus (NASDAQ:CARG) posted a 44.85% decrease in earnings from Q4. Sales, however, increased by 26.89% over the previous quarter to $430.61 million.

Benzinga

Analyst Ratings for CarGurus

Within the last quarter, CarGurus (NASDAQ:CARG) has observed the following analyst ratings:

Investors Business Daily

Dow Jones Rebounds After Stock Market Dive; Peloton, Upstart Crash On Earnings

The Dow Jones Industrial Average rallied 400 points Tuesday following Monday's market dive. Peloton and Upstart crashed on earnings results.

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Investors Business Daily

Dow Jones Futures: What To Do After Monday's Stock Market Plunge; Biden Inflation Speech Next

Dow Jones futures moved higher after Monday's stock market plunge. President Biden's speech on inflation is scheduled for Tuesday.

Investors Business Daily

This IBD 50 Growth Stock Is Worth Considering As It Approaches Buy Point

After a few successful acquisitions and new product launches, the growth stock began notching multiple quarters of sales increases.

Benzinga

What 7 Analyst Ratings Have To Say About CarGurus

Over the past 3 months, 7 analysts have published their opinion on CarGurus (NASDAQ:CARG) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

What 4 Analyst Ratings Have To Say About CarGurus

CarGurus (NASDAQ:CARG) has observed the following analyst ratings within the last quarter:

Investors Business Daily

CarGurus Stock Gets IBD Stock Rating Upgrade; Stock Rides To New Highs

Cargurus saw its IBD SmartSelect Composite Rating rise to 96 Monday, up from 92 the day before.

Investors Business Daily

Dow Jones, Nasdaq Extend Rebounds With Strength; CarGurus Spikes 44% On Powerful Earnings

In today's market, indexes followed the prior day's bullish reversals with gains of over 1%.

Investors Business Daily

Stock Market Rallies As Russia Pushes Deeper Into Ukraine; Etsy, Block, CarGurus, Sempra Soar

The stock market rallied as Russia pushed deeper into Ukraine, ignoring sanctions. Etsy and Square jumped on earnings.

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