FY2026 EPS Estimates for Carvana Raised by Zacks Research

Carvana Co. (NYSE:CVNA - Free Report) - Research analysts at Zacks Research increased their FY2026 EPS estimates for Carvana in a report issued on Wednesday, February 12th. Zacks Research analyst R. Department now anticipates that the company will earn $5.08 per share for the year, up from their prior estimate of $4.62. The consensus estimate for Carvana's current full-year earnings is $0.87 per share.

Carvana (NYSE:CVNA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.27. The business had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.32 billion.

Other research analysts also recently issued research reports about the stock. Citigroup upgraded shares of Carvana from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $195.00 to $277.00 in a research report on Wednesday, January 8th. Piper Sandler boosted their price target on shares of Carvana from $151.00 to $225.00 and gave the stock a "neutral" rating in a research report on Thursday, October 31st. JMP Securities restated a "market outperform" rating and issued a $320.00 price target on shares of Carvana in a research report on Monday, December 16th. William Blair restated an "outperform" rating on shares of Carvana in a research report on Thursday. Finally, Wells Fargo & Company dropped their price target on shares of Carvana from $300.00 to $275.00 and set an "overweight" rating on the stock in a research report on Monday, January 6th. Nine analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $259.00.

Carvana Trading Down 12.0 %

NYSE CVNA traded down $33.79 during trading hours on Monday, reaching $248.03. The company's stock had a trading volume of 13,021,169 shares, compared to its average volume of 3,993,497. The company has a debt-to-equity ratio of 18.99, a current ratio of 3.25 and a quick ratio of 2.12. Carvana has a 52 week low of $48.15 and a 52 week high of $292.84. The firm has a fifty day simple moving average of $234.84 and a 200-day simple moving average of $206.90. The stock has a market cap of $51.50 billion, a P/E ratio of 24,827.83 and a beta of 3.37.

Institutional Investors Weigh In On Carvana

Several hedge funds and other institutional investors have recently modified their holdings of CVNA. Fidelis Capital Partners LLC increased its position in shares of Carvana by 3.4% in the fourth quarter. Fidelis Capital Partners LLC now owns 1,541 shares of the company's stock worth $313,000 after purchasing an additional 51 shares during the last quarter. Bleakley Financial Group LLC increased its position in shares of Carvana by 2.8% in the fourth quarter. Bleakley Financial Group LLC now owns 2,373 shares of the company's stock worth $483,000 after purchasing an additional 65 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Carvana by 21.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 426 shares of the company's stock worth $87,000 after purchasing an additional 74 shares during the last quarter. Forum Financial Management LP increased its position in shares of Carvana by 3.8% in the third quarter. Forum Financial Management LP now owns 2,071 shares of the company's stock worth $361,000 after purchasing an additional 76 shares during the last quarter. Finally, Great Lakes Advisors LLC increased its position in shares of Carvana by 2.1% in the fourth quarter. Great Lakes Advisors LLC now owns 3,698 shares of the company's stock worth $752,000 after purchasing an additional 77 shares during the last quarter. 56.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Carvana news, insider Daniel J. Gill sold 44,000 shares of the company's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $259.47, for a total transaction of $11,416,680.00. Following the sale, the insider now directly owns 191,225 shares of the company's stock, valued at $49,617,150.75. This represents a 18.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Mark W. Jenkins sold 28,422 shares of the company's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $288.85, for a total transaction of $8,209,694.70. Following the sale, the chief financial officer now directly owns 219,962 shares in the company, valued at approximately $63,536,023.70. This trade represents a 11.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 173,629 shares of company stock valued at $44,833,799. 17.12% of the stock is owned by insiders.

About Carvana

Carvana Co, together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices.