All stocks in the market go through their own ebb and flow cycles; there are no exceptions. No investor can escape this behavior, but they can look for opportunities at either end of that pendulum, where most other participants may not be willing to step in, as emotions (like the pendulum swings) are probably at extremes.
Upgrading CarGurus to a buy as Marketplace segment growth and dealer monetization exceeded expectations, driving strong revenue and margin expansion. A strategic exit from CarOffer removes a low-margin overhang, sharpening focus on the higher-margin Marketplace business and unlocking long-term value. Dealer acquisition and adoption of new tools are robust, embedding CarGurus deeper into dealer ...
CarGurus, Inc. (NASDAQ:CARG ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Jason M. Trevisan - CEO, CFO, Principal Accounting Officer & Director Kirndeep Singh - VP & Head of Investor Relations Samuel Zales - COO & President Conference Call Participants Andrew M.
Sustained strong momentum in the Marketplace business, with revenue up 14% YoY Q2'25 Net Income of $22.3 million; Non-GAAP Adjusted EBITDA of $77.3 million, up 39% YoY Board approves additional $150 million share repurchase, increasing 2025 authorization to $350 million and extending it through July 2026 BOSTON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited ...
BOSTON, July 21, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the quarter ended June 30, 2025, after the close of the market on August 7, 2025.
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