Recent Research Analysts’ Ratings Changes for Carvana (CVNA)

A number of research firms have changed their ratings and price targets for Carvana (NYSE: CVNA):

• 3/20/2025 – Carvana was upgraded by analysts at Piper Sandler from a “neutral” rating to an “overweight” rating. They now have a $225.00 price target on the stock.
• 3/14/2025 – Carvana had its price target lowered by analysts at Bank of America Co. from $270.00 to $220.00. They now have a “buy” rating on the stock.
• 3/11/2025 – Carvana had its price target lowered by analysts at Evercore ISI from $250.00 to $240.00. They now have an “in-line” rating on the stock.
• 3/7/2025 – Carvana had its price target raised by analysts at JPMorgan Chase & Co. from $350.00 to $365.00. They now have an “overweight” rating on the stock.
• 3/7/2025 – Carvana had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $340.00 price target on the stock.
• 3/3/2025 – Carvana had its “overweight” rating reaffirmed by analysts at Stephens. They now have a $300.00 price target on the stock.
• 2/21/2025 – Carvana had its price target raised by analysts at Citigroup Inc. from $277.00 to $320.00. They now have a “buy” rating on the stock.
• 2/21/2025 – Carvana had its price target raised by analysts at Bank of America Co. from $252.00 to $270.00. They now have a “buy” rating on the stock.
• 2/20/2025 – Carvana had its “outperform” rating reaffirmed by analysts at William Blair.
• 2/20/2025 – Carvana had its price target raised by analysts at Royal Bank of Canada from $280.00 to $320.00. They now have an “outperform” rating on the stock.
• 2/20/2025 – Carvana had its price target raised by analysts at DA Davidson from $220.00 to $260.00. They now have a “neutral” rating on the stock.
• 2/20/2025 – Carvana had its price target raised by analysts at Robert W. Baird from $200.00 to $250.00. They now have a “neutral” rating on the stock.
• 2/20/2025 – Carvana had its price target raised by analysts at Needham & Company LLC from $330.00 to $340.00. They now have a “buy” rating on the stock.
• 2/19/2025 – Carvana was given a new $250.00 price target on by analysts at Wedbush. They now have a “neutral” rating on the stock.
• 2/6/2025 – Carvana had its “overweight” rating reaffirmed by analysts at Stephens. They now have a $300.00 price target on the stock.
• 2/6/2025 – Carvana had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $250.00 price target on the stock.
• 1/31/2025 – Carvana had its price target raised by analysts at JPMorgan Chase & Co. from $300.00 to $350.00. They now have an “overweight” rating on the stock.

Carvana Stock Up 11.9 %

Shares of NYSE CVNA opened at $213.61 on Tuesday. The stock has a market capitalization of $45.53 billion, a PE ratio of 136.06 and a beta of 3.56. The company has a debt-to-equity ratio of 3.82, a current ratio of 3.64 and a quick ratio of 2.12. The business’s fifty day moving average price is $227.95 and its 200-day moving average price is $215.96. Carvana Co. has a one year low of $67.61 and a one year high of $292.84.

Carvana (NYSE:CVNA) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.27. The business had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.32 billion. Carvana had a return on equity of 36.59% and a net margin of 1.54%. On average, equities research analysts anticipate that Carvana Co. will post 2.85 EPS for the current year.

Insider Activity

In related news, insider Paul W. Breaux sold 1,362 shares of Carvana 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 sale, the insider now owns 153,240 shares of the company’s stock, valued at approximately $41,387,059.20. This trade represents a 0.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Benjamin E. Huston sold 50,000 shares of the company’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $178.49, for a total value of $8,924,500.00. Following the completion of the transaction, the chief operating officer now owns 196,278 shares in the company, valued at $35,033,660.22. This represents a 20.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 119,784 shares of company stock worth $27,524,344. 17.12% of the stock is owned by company insiders.

Hedge Funds Weigh In On Carvana

Institutional investors have recently modified their holdings of the company. Fidelis Capital Partners LLC raised its stake in shares of Carvana by 3.4% during the fourth quarter. Fidelis Capital Partners LLC now owns 1,541 shares of the company’s stock worth $313,000 after acquiring an additional 51 shares in the last quarter. Bleakley Financial Group LLC grew its stake in shares of Carvana by 2.8% during the fourth quarter. Bleakley Financial Group LLC now owns 2,373 shares of the company’s stock valued at $483,000 after buying an additional 65 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings 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 buying an additional 74 shares during the period. Great Lakes Advisors LLC lifted its stake in shares of Carvana by 2.1% in the 4th quarter. Great Lakes Advisors LLC now owns 3,698 shares of the company’s stock valued at $752,000 after acquiring an additional 77 shares during the last quarter. Finally, Global Retirement Partners LLC boosted its holdings in Carvana by 109.9% during the 4th quarter. Global Retirement Partners LLC now owns 149 shares of the company’s stock valued at $30,000 after acquiring an additional 78 shares during the period. 56.71% of the stock is currently owned by institutional investors.

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.