CarGurus to Present at the 28th Annual Needham Growth Conference
Rhea-AI Summary
CarGurus (Nasdaq: CARG) announced that CEO Jason Trevisan will participate in a fireside chat at the 28th Annual Needham Growth Conference on January 13, 2026 at 9:30 AM ET.
A live webcast will be available on the company's Investor Relations site at investors.cargurus.com and an archived recording will be accessible there for 90 days after the event.
Positive
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Negative
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News Market Reaction
On the day this news was published, CARG declined 1.27%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
CARG was up 0.53% while peers like DRVN (4.32%), RUSHA (3.51%), ABG (3.27%), and SAH (2.66%) also gained, but no names appeared in the momentum scanner and sector move is flagged as false.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 11 | Market outlook report | Neutral | +1.1% | 2025 recap and 2026 outlook on affordability-driven auto demand. |
| Dec 09 | Product launch | Positive | +4.8% | Launch of AI-powered PriceVantage used-vehicle pricing solution. |
| Dec 03 | Consumer study | Neutral | +1.4% | U.S. consumer insights on AI and omnichannel car shopping. |
| Nov 06 | Quarterly earnings | Positive | -2.7% | Strong Q3 2025 growth, higher profitability, and detailed guidance. |
| Oct 20 | Earnings scheduling | Neutral | +0.7% | Announcement of Q3 2025 earnings release and investor call details. |
Recent news, including product launches and data reports, mostly saw positive price reactions, with one negative reaction on strong earnings.
Over the last few months, CarGurus has reported several developments. On Nov 6, 2025, Q3 2025 results showed rising marketplace revenue, operating income, and net income, yet shares fell 2.73%. Subsequent AI-related launches and consumer insight reports in early December saw shares rise between 1.41% and 4.83%. A 2025 recap and 2026 outlook on Dec 11, 2025 also had a modest positive reaction. Today’s conference appearance fits within a pattern of frequent investor communications alongside product and data updates.
Market Pulse Summary
This announcement details a fireside chat at the Needham Growth Conference on January 13, 2026, with a webcast available and archived for 90 days. In recent months, CarGurus has highlighted AI solutions, consumer insights, and solid Q3 2025 results, while also winding down CarOffer and recording related restructuring costs. Investors may watch how management commentary at the conference updates these themes and complements the company’s previously issued guidance and disclosures.
AI-generated analysis. Not financial advice.
BOSTON, Jan. 06, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.1, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to participate in a fireside chat at the 28th Annual Growth Conference on Tuesday, January 13, 2026, at 9:30 AM ET.
A webcast of the fireside chat will be accessible from the Investor Relations page of the company’s website at investors.cargurus.com beginning at the time indicated above, and an archive of the presentation will be available there for 90 days following the event.
About CarGurus, Inc.
CarGurus (Nasdaq: CARG) is the leading multinational automotive platform helping consumers and dealers confidently buy and sell vehicles. Founded in 2006 with a mission to bring more trust and transparency to car shopping, CarGurus is the No. 1 visited automotive shopping site in the U.S.1 with the largest selection of inventory and network of dealers.2 CarGurus’ unmatched selection, trusted automotive insights, and data-driven products and solutions support each shopper’s journey — from online research and shopping to in-dealership decisions — to empower them at every step. And, by translating data from billions of monthly site interactions, CarGurus provides dealers a personalized, predictive intelligence platform with software solutions that helps them run their businesses more efficiently and profitably at all stages of inventory acquisition and pricing, marketing, and conversion to sale.
CarGurus operates online marketplaces in the U.S., U.K., and Canada. The company’s network of brands includes PistonHeads, the largest online motoring community in the U.K.3, and Autolist, a U.S.- based online marketplace.
To learn more about CarGurus, visit www.cargurus.com.
All other product names, trademarks, and registered trademarks are the property of their respective owners.
1 Similarweb: Traffic and Engagement Report [Cars.com, Autotrader.com, TrueCar.com, CARFAX.com Listings
(defined as CARFAX Total visits minus Vehicle History Reports)], Q3 2025, U.S.
2 Compared to Autotrader.com (YipitData July/August 2025), Cars.com, TrueCar.com
(YipitData as of September 30, 2025), and CARFAX (Joreca as of September 30, 2025).
1 Similarweb: Traffic Insights, Q3 2025, U.K.
Investor Contact:
Kirndeep Singh
Vice President, Head of Investor Relations
investors@cargurus.com
Media Contact:
Maggie Meluzio
Director, Public Relations & External Communications
pr@cargurus.com