As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at online marketplace stocks, starting with ...
Shares of online automotive marketplace CarGurus (NASDAQ: CARG) are jumping today, up 11.5% as of 11:30 a.m. ET, after the company crushed analysts' earnings estimates in its Q4 report last night.
CarGurus is undervalued at 8x forward EBITDA, offering growth at a reasonable price. Q2 results showed accelerating revenue growth, margin expansion, and strong guidance, despite the stock's ...
As of February 9, 2023, the average one-year price target for CarGurus is $19.42. The forecasts range from a low of $11.62 to a high of $38.85. The average price target represents an increase of 12.27 ...
Shares of CarGurus Inc. dropped 7.7% in the extended session Thursday after the online car marketplace postponed its second-quarter earnings release and conference call with analysts, which had been ...
CarGurus Inc.'s first-quarter net income tumbled 37 percent to $11.9 million as its digital wholesale division revenue plunged 76 percent, contributing to a worsening loss for that segment vs. a year ...
BOSTON — CarGurus is looking to expand its online vehicle marketplace business into dealership software and technology, and in doing so, add companies to its portfolio that can help it grow. "We plan ...
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