FY2026 EPS Estimates for Carvana Lifted by Zacks Research

Carvana Co. (NYSE:CVNA) – Research analysts at Zacks Research lifted their FY2026 earnings estimates for shares of Carvana in a research report issued to clients and investors on Wednesday, February 12th. Zacks Research analyst R. Department now expects that the company will earn $5.08 per share for the year, up from their previous forecast of $4.62. The consensus estimate for Carvana’s current full-year earnings is $0.88 per share.

Other research analysts have also issued research reports about the stock. Evercore ISI increased their price target on shares of Carvana from $240.00 to $245.00 and gave the stock an “in-line” rating in a research note on Tuesday, December 3rd. Royal Bank of Canada raised shares of Carvana from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from $270.00 to $280.00 in a report on Tuesday, January 7th. Wells Fargo & Company decreased their price objective on shares of Carvana from $300.00 to $275.00 and set an “overweight” rating for the company in a report on Monday, January 6th. Morgan Stanley raised shares of Carvana from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $110.00 to $260.00 in a report on Tuesday, November 5th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $320.00 price objective on shares of Carvana in a report on Monday, December 16th. Nine investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $249.29.

Carvana Stock Performance

Shares of CVNA opened at $285.62 on Monday. The company’s fifty day moving average is $232.45 and its 200-day moving average is $204.36. Carvana has a 12 month low of $48.15 and a 12 month high of $286.38. The firm has a market cap of $59.30 billion, a price-to-earnings ratio of 28,590.19 and a beta of 3.37. The company has a quick ratio of 2.12, a current ratio of 3.25 and a debt-to-equity ratio of 18.99.

Insider Activity

In related news, CFO Mark W. Jenkins sold 10,000 shares of Carvana stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $200.75, for a total transaction of $2,007,500.00. Following the transaction, the chief financial officer now owns 189,097 shares of the company’s stock, valued at $37,961,222.75. This trade represents a 5.02 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Daniel J. Gill sold 44,000 shares of Carvana stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $259.47, for a total transaction of $11,416,680.00. Following the transaction, the insider now directly owns 191,225 shares in the company, valued at $49,617,150.75. The trade was a 18.71 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 125,207 shares of company stock valued at $31,110,504. 17.12% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CVNA. FMR LLC lifted its stake in Carvana by 90.8% in the third quarter. FMR LLC now owns 12,361,790 shares of the company’s stock valued at $2,152,311,000 after buying an additional 5,882,656 shares in the last quarter. Whale Rock Capital Management LLC bought a new position in Carvana in the third quarter valued at approximately $162,953,000. Norges Bank bought a new position in Carvana in the fourth quarter valued at approximately $179,364,000. Vanguard Group Inc. lifted its stake in Carvana by 5.6% in the fourth quarter. Vanguard Group Inc. now owns 11,425,367 shares of the company’s stock valued at $2,323,463,000 after buying an additional 610,234 shares in the last quarter. Finally, Lord Abbett & CO. LLC lifted its stake in Carvana by 1,454.1% in the third quarter. Lord Abbett & CO. LLC now owns 538,473 shares of the company’s stock valued at $93,754,000 after buying an additional 503,824 shares in the last quarter. Institutional investors own 56.71% of the company’s stock.

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.