Zacks Research Issues Positive Estimate for Carvana Earnings

Carvana Co. (NYSE:CVNA - Free Report) - Zacks Research raised their Q1 2025 earnings estimates for Carvana in a research note issued on Wednesday, February 12th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $0.66 for the quarter, up from their prior forecast of $0.63. The consensus estimate for Carvana's current full-year earnings is $0.88 per share. Zacks Research also issued estimates for Carvana's Q2 2025 earnings at $0.79 EPS, Q3 2025 earnings at $0.80 EPS, Q4 2025 earnings at $0.79 EPS, FY2025 earnings at $3.04 EPS, Q1 2026 earnings at $1.17 EPS, Q2 2026 earnings at $1.22 EPS, Q3 2026 earnings at $1.28 EPS and Q4 2026 earnings at $1.42 EPS.

CVNA has been the subject of a number of other reports. JPMorgan Chase & Co. lifted their price target on shares of Carvana from $300.00 to $350.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Wells Fargo & Company reduced their price target on shares of Carvana from $300.00 to $275.00 and set an "overweight" rating for the company in a research report on Monday, January 6th. Piper Sandler lifted their price objective on Carvana from $151.00 to $225.00 and gave the stock a "neutral" rating in a research report on Thursday, October 31st. Robert W. Baird lifted their price objective on Carvana from $160.00 to $240.00 and gave the stock a "neutral" rating in a research report on Thursday, October 31st. Finally, Royal Bank of Canada upgraded Carvana from a "sector perform" rating to an "outperform" rating and lifted their price objective for the stock from $270.00 to $280.00 in a research report on Tuesday, January 7th. Nine analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $249.29.

Carvana Stock Performance

NYSE:CVNA traded down $0.66 during mid-day trading on Friday, reaching $284.67. The stock had a trading volume of 2,962,977 shares, compared to its average volume of 3,581,500. The company has a debt-to-equity ratio of 18.99, a quick ratio of 2.12 and a current ratio of 3.25. The firm has a market capitalization of $59.11 billion, a price-to-earnings ratio of 28,495.80 and a beta of 3.37. Carvana has a twelve month low of $48.15 and a twelve month high of $291.27. The business has a 50 day simple moving average of $234.25 and a 200 day simple moving average of $206.38.

Institutional Investors Weigh In On Carvana

A number of institutional investors have recently modified their holdings of the stock. FMR LLC raised its stake in shares of Carvana by 90.8% in the 3rd quarter. FMR LLC now owns 12,361,790 shares of the company's stock valued at $2,152,311,000 after purchasing an additional 5,882,656 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Carvana by 5.6% in the 4th quarter. Vanguard Group Inc. now owns 11,425,367 shares of the company's stock valued at $2,323,463,000 after purchasing an additional 610,234 shares in the last quarter. Lingotto Investment Management LLP grew its position in shares of Carvana by 1.5% during the 4th quarter. Lingotto Investment Management LLP now owns 3,987,150 shares of the company's stock valued at $810,827,000 after buying an additional 57,215 shares during the last quarter. Durable Capital Partners LP grew its position in shares of Carvana by 6.3% during the 4th quarter. Durable Capital Partners LP now owns 2,168,232 shares of the company's stock valued at $440,932,000 after buying an additional 129,246 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Carvana by 4.2% during the 4th quarter. Geode Capital Management LLC now owns 1,878,796 shares of the company's stock valued at $381,592,000 after buying an additional 75,250 shares during the last quarter. Institutional investors and hedge funds own 56.71% of the company's stock.

Insiders Place Their Bets

In other Carvana news, CFO Mark W. Jenkins sold 10,000 shares of the business's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $255.07, for a total value of $2,550,700.00. Following the transaction, the chief financial officer now owns 189,761 shares in the company, valued at $48,402,338.27. The trade was a 5.01 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Paul W. Breaux sold 1,362 shares of the business's stock in a transaction on Monday, February 10th. The stock was sold at an average price of $270.08, for a total transaction of $367,848.96. Following the completion of the transaction, the insider now owns 153,240 shares in the company, valued at $41,387,059.20. This represents a 0.88 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 173,629 shares of company stock worth $44,833,799 in the last quarter. 17.12% of the stock is owned by corporate 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.