Overview
U.S. automotive platform's full-year 2025 revenue grew 14% YoY
Q4 adjusted EBITDA beat analyst expectations
Company announces new $250 mln share repurchase program for 2026
Outlook
CarGurus expects first-quarter revenue between $240.5 mln and $245.5 mln
Company forecasts full-year 2026 revenue growth of 10% to 13%
CarGurus projects first-quarter non-GAAP EPS between $0.52 and $0.58
Result Drivers
PRODUCT ADOPTION - Revenue growth driven by expanding wallet share and accelerating product adoption, improving retention, and adding new dealers
AI-DRIVEN INNOVATION - AI-driven products enhanced customer engagement, contributing to financial performance
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Net Income | $49.80 mln | ||
Q4 Adjusted EBITDA | Beat | $88.50 mln | $87.26 mln (14 Analysts) |
Q4 Gross Profit | $222.60 mln | ||
Q4 Operating Expenses | $153.50 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for CarGurus Inc is $40.50, about 43.1% above its February 18 closing price of $28.30
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 14 three months ago
Press Release: ID:nGNX31TjWh
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)