CARG
CarGurus, Inc.
CARG has the edge over RIVN overall, supported by stronger valuation and stronger fundamentals.
RIVN
Rivian Automotive, Inc.
RIVN's outlook is improving, though it still trails on the overall score.
CARG Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Strong |
CARG's profitability, cash flow and balance sheet are currently strong, and its revenue is stable.
RIVN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
RIVN's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
CARG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $34.27 | — |
| Current | 17x | $34.27 | — |
| Cheap | 24x | $47.19 | +38% |
| Fair | 37x | $74.22 | +117% |
| Expensive | 86x | $171 | +399% |
Historical ranges are pointers, not guarantees.
CARG's PE is in its cheap range at 17x. If earnings grow as analysts expect, today's price would be 12x next year's earnings.
RIVN PE Valuation
RIVN has no meaningful PE right now: it lost money over the past year.
CARG Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for CARG, with profitability improving.
RIVN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RIVN's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
CARG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.94 | +49% |
| Q3 2026 | $1.98 | +33% |
| Q2 2026 | $1.84 | +47% |
| Q1 2026 | $1.52 | +311% |
| Q4 2025 | $1.55 | +675% |
| Q3 2025 | $1.49 | +$1.94 |
| Q2 2025 | $1.25 | +$1.74 |
| Q1 2025 | $0.37 | +28% |
| Q4 2024 | $0.20 | +5.3% |
CARG has the edge over RIVN on earnings quality, reporting a profit while its opponent remains loss making.
RIVN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.25 | +$0.83 |
| Q2 2026 | -$2.58 | +$0.62 |
| Q1 2026 | -$2.92 | +$0.77 |
| Q4 2025 | -$3.07 | +$1.62 |
| Q3 2025 | -$3.08 | +$2.52 |
| Q2 2025 | -$3.20 | +$2.76 |
| Q1 2025 | -$3.69 | +$2.08 |
| Q4 2024 | -$4.69 | +$1.05 |
RIVN is still losing money, but far less than before: $2.25 per share over the past year, against $7.40 at its worst in late 2022.
CARG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $258.4M | +8.2% |
| Q2 2026 | $251M | +7.2% |
| Q1 2026 | $243.6M | +8.2% |
| Q4 2025 | $241.1M | +5.5% |
| Q3 2025 | $238.7M | +3.2% |
| Q2 2025 | $234M | +7% |
| Q1 2025 | $225.2M | +4.3% |
| Q4 2024 | $228.5M | +2.4% |
CARG's revenue has grown year over year for nine quarters in a row: $258M last quarter, up 8.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 26% | +3.4 points |
| Q2 2026 | 25% | +15 points |
| Q1 2026 | 16% | -3.9 points |
| Q4 2025 | 49% | +26 points |
| Q3 2025 | 23% | +11 points |
| Q2 2025 | 11% | +53 points |
| Q1 2025 | 20% | +8.1 points |
| Q4 2024 | 23% | +33 points |
CARG has the edge over RIVN on profitability, with a higher operating margin.
RIVN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +38% |
| Q2 2026 | $1.7B | +27% |
| Q1 2026 | $1.4B | +11% |
| Q4 2025 | $1.3B | -26% |
| Q3 2025 | $1.6B | +78% |
| Q2 2025 | $1.3B | +13% |
| Q1 2025 | $1.2B | +3% |
| Q4 2024 | $1.7B | +32% |
RIVN's revenue is growing: $2.2B last quarter, up 38% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -41% | +22 points |
| Q2 2026 | -50% | +35 points |
| Q1 2026 | -64% | -11 points |
| Q4 2025 | -65% | -27 points |
| Q3 2025 | -63% | +71 points |
| Q2 2025 | -86% | +33 points |
| Q1 2025 | -53% | +70 points |
| Q4 2024 | -38% | +82 points |
RIVN's operating margin was −41% last quarter, up 22 points from the same quarter a year ago, near the top of its range since 2021.
CARG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $79.8M | +14% |
| Q2 2026 | $94M | +31% |
| Q1 2026 | $69.5M | +5.8% |
| Q4 2025 | $81.9M | +25% |
| Q3 2025 | $69.8M | +52% |
| Q2 2025 | $71.5M | +57% |
| Q1 2025 | $65.6M | +182% |
| Q4 2024 | $65.5M | +$78.5M |
CARG has the edge over RIVN on cash generation, producing positive trailing cash flow while its opponent burns cash.
RIVN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.1B | -$703M |
| Q2 2026 | -$849M | -$451M |
| Q1 2026 | -$1.1B | -$549M |
| Q4 2025 | -$1.1B | -234% |
| Q3 2025 | -$421M | +$732M |
| Q2 2025 | -$398M | +$639M |
| Q1 2025 | -$526M | +$997M |
| Q4 2024 | $856M | +$2.3B |
RIVN has burned cash in almost every quarter: −$4.2B over the past year, against −$489M the year before.
CARG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -955K shares |
| 1 year | -9.6% | -9.6M shares |
| 3 years | -21% | -24.2M shares |
| 5 years | -25% | -29.3M shares |
| Available history | -21% | -23.3M shares |
CARG has the edge over RIVN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $22.9M |
| Q2 2026 | $27.7M |
| Q1 2026 | $174.4M |
| Q4 2025 | $57M |
| Q3 2025 | $110.3M |
| Q2 2025 | $1.8M |
| Q1 2025 | $182.8M |
| Q4 2024 | — |
CARG spent $282M buying back its own shares over the past year, down 4.3% from the year before.
RIVN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.1% | +121M shares |
| 1 year | +19% | +226M shares |
| 3 years | +52% | +494M shares |
RIVN has 1.4B diluted shares, up 19% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | $6M |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
CARG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.5x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -0.7x | Net Cash |
| Q3 2025 | -0.9x | Net Cash |
| Q2 2025 | -1.4x | Net Cash |
| Q1 2025 | -3.4x | Net Cash |
| Q4 2024 | -9.4x | Net Cash |
CARG has more cash than debt.
RIVN Net Leverage
RIVN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
CARG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.1 | Neutral |
| Stochastic | 45.4 | Neutral |
CARG's weekly RSI is 53 (neutral) and its Stochastic is 45 (neutral).
RIVN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 25.6 | Neutral |
RIVN's weekly RSI is 41 (neutral) and its Stochastic is 26 (neutral).
CARG PE vs Consumer Cyclical Sector
| Metric | CARG | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 18x | 3.9% below |
| PE % | 2 | 47 | 45 pts below |
CARG is trading at 17x earnings, in line with the Consumer Cyclical sector's median of 18x.
RIVN PE vs Consumer Cyclical Sector
RIVN has no meaningful PE right now: it lost money over the past year.
CARG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $31.5 | 8.7% above |
| 20 week MA | $33.9 | 1% above |
| 50 week MA | $33.5 | 2.3% above |
| 100 week MA | $33.5 | 2.3% above |
| 200 week MA | $28.2 | 21% above |
CARG has the edge over RIVN on trend strength, trading above more of its moving averages.
RIVN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.3 | 3.9% below |
| 20 week MA | $15.1 | 15% below |
| 50 week MA | $15.9 | 19% below |
| 100 week MA | $14.7 | 13% below |
| 200 week MA | $15.1 | 15% below |
RIVN is in a downtrend: it's below all five of its weekly moving averages, and 15% below its 200-week average.
CARG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $35.7 | $33.7 | -5.7% |
| 2021 | $33.7 | $33.6 | -0.4% |
| 2022 | $33.6 | $13.5 | -60% |
| 2023 | $13.5 | $24.2 | +79% |
| 2024 | $24.2 | $37.1 | +53% |
| 2025 | $37.1 | $38.6 | +4.2% |
| 2026 YTD | $38.6 | $34.3 | -11% |
CARG has the edge over RIVN on returns for 2026, with the stronger performance.
RIVN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $130.0 | $96.8 | -25% |
| 2022 | $96.8 | $19.1 | -80% |
| 2023 | $19.1 | $23.5 | +23% |
| 2024 | $23.5 | $13.7 | -42% |
| 2025 | $13.7 | $20.9 | +53% |
| 2026 YTD | $20.9 | $12.8 | -39% |
RIVN has finished lower in three of the last five years. It's down 39% so far in 2026.