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Carvana (CVNA) Stock Forecast & Price Target

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$224.46 +1.48 (+0.66%)
(As of 12/20/2024 05:40 PM ET)

Carvana - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
11
Buy
8

Based on 19 Wall Street analysts who have issued ratings for Carvana in the last 12 months, the stock has a consensus rating of "Hold." Out of the 19 analysts, 11 have given a hold rating, and 8 have given a buy rating for CVNA.

Consensus Price Target

$222.71
-0.78% Downside
According to the 19 analysts' twelve-month price targets for Carvana, the average price target is $222.71. The highest price target for CVNA is $330.00, while the lowest price target for CVNA is $148.00. The average price target represents a forecasted downside of -0.78% from the current price of $224.46.
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CVNA Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
1 Buy rating(s)
Hold
11 Hold rating(s)
11 Hold rating(s)
10 Hold rating(s)
9 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$222.71$217.71$153.88$37.27
Forecasted Upside-0.78% Downside-12.10% Downside-11.49% Downside-31.91% Downside
Consensus Rating
Hold
Hold
Hold
Reduce

CVNA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CVNA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Carvana Stock vs. The Competition

TypeCarvanaRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.42
2.50
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside-0.78% Downside28.31% Upside14.54% Upside
News Sentiment Rating
Positive News

See Recent CVNA News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/16/2024JMP Securities
2 of 5 stars
 Reiterated RatingMarket Outperform ➝ Market Outperform$320.00 ➝ $320.00+27.32%
12/9/2024Needham & Company LLC
2 of 5 stars
C. Pierce
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Boost TargetBuy ➝ Buy$300.00 ➝ $330.00+31.36%
12/3/2024Evercore ISI
2 of 5 stars
 Boost TargetIn-Line ➝ In-Line$240.00 ➝ $245.00-3.52%
11/5/2024Morgan Stanley
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 UpgradeUnderweight ➝ Equal Weight$110.00 ➝ $260.00+15.00%
10/31/2024Piper Sandler
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 Boost TargetNeutral ➝ Neutral$151.00 ➝ $225.00-12.04%
10/31/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$230.00 ➝ $300.00+21.03%
10/31/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$160.00 ➝ $240.00+15.75%
10/23/2024Wells Fargo & Company
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Z. Fadem
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Boost TargetOverweight ➝ Overweight$175.00 ➝ $250.00+26.40%
10/22/2024Jefferies Financial Group
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 Boost TargetHold ➝ Hold$150.00 ➝ $185.00-2.37%
10/9/2024Bank of America
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 Boost TargetBuy ➝ Buy$185.00 ➝ $210.00+9.35%
10/7/2024Wedbush
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 Boost TargetNeutral ➝ Neutral$150.00 ➝ $175.00-3.07%
10/3/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$125.00 ➝ $195.00+10.01%
9/12/2024Stephens
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J. Lick
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Initiated CoverageOverweight$190.00+42.13%
8/19/2024Royal Bank of Canada
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 UpgradeSector Perform$166.00 ➝ $170.00+9.12%
8/1/2024BTIG Research
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M. Fong
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Boost TargetBuy ➝ Buy$155.00 ➝ $188.00+28.18%
8/1/2024TD Cowen
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 Boost TargetHold ➝ Hold$110.00 ➝ $148.00+0.91%
8/1/2024DA Davidson
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 Boost TargetNeutral ➝ Neutral$110.00 ➝ $155.00+2.85%
5/2/2024William Blair
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S. Zackfia
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Reiterated RatingOutperform
2/23/2024Raymond James
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 UpgradeUnderperform ➝ Market Perform
10/12/2023BNP Paribas
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 DowngradeOutperform ➝ Neutral$37.00-2.30%
5/8/2023Deutsche Bank Aktiengesellschaft
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 Boost Target$10.00 ➝ $11.00+19.57%
12/21/2022Truist Financial
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 DowngradeBuy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:53 PM ET.


CVNA Forecast - Frequently Asked Questions

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Carvana is $222.71, with a high forecast of $330.00 and a low forecast of $148.00.

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 11 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CVNA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CVNA, but not buy additional shares or sell existing shares.

According to analysts, Carvana's stock has a predicted downside of -0.78% based on their 12-month stock forecasts.

Over the previous 90 days, Carvana's stock had 1 upgrade by analysts.

Analysts like Carvana less than other "retail/wholesale" companies. The consensus rating score for Carvana is 2.42 while the average consensus rating score for "retail/wholesale" companies is 2.50. Learn more on how CVNA compares to other companies.


This page (NYSE:CVNA) was last updated on 12/21/2024 by MarketBeat.com Staff
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