FY2025 EPS Estimates for Carvana Raised by Zacks Research

Carvana Co. (NYSE:CVNA) – Equities researchers at Zacks Research raised their FY2025 earnings per share (EPS) estimates for Carvana in a research report issued to clients and investors on Thursday, October 17th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $2.19 per share for the year, up from their prior forecast of $1.78. The consensus estimate for Carvana’s current full-year earnings is $0.29 per share. Zacks Research also issued estimates for Carvana’s Q1 2026 earnings at $0.91 EPS, Q2 2026 earnings at $0.94 EPS, Q3 2026 earnings at $0.96 EPS and FY2026 earnings at $3.73 EPS.

Carvana (NYSE:CVNA) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.14 earnings per share for the quarter. The company had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3.23 billion.

Several other equities research analysts have also commented on CVNA. Wells Fargo & Company upgraded Carvana from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $77.00 to $175.00 in a research note on Thursday, August 1st. JPMorgan Chase & Co. boosted their target price on Carvana from $185.00 to $230.00 and gave the stock an “overweight” rating in a report on Wednesday, October 9th. Evercore ISI reissued an “in-line” rating and set a $178.00 target price on shares of Carvana in a research report on Thursday, September 26th. Needham & Company LLC lifted their price target on shares of Carvana from $160.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Finally, Citigroup upped their target price on Carvana from $125.00 to $195.00 and gave the stock a “neutral” rating in a research report on Thursday, October 3rd. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $171.76.

Carvana Stock Down 0.3 %

Shares of CVNA opened at $191.31 on Monday. The company has a quick ratio of 2.02, a current ratio of 3.11 and a debt-to-equity ratio of 47.20. The firm has a market cap of $38.75 billion, a PE ratio of 83.91 and a beta of 3.44. The company’s fifty day moving average is $162.78 and its two-hundred day moving average is $129.17. Carvana has a fifty-two week low of $25.09 and a fifty-two week high of $196.36.

Insider Buying and Selling at Carvana

In other Carvana news, major shareholder Ernest C. Garcia II sold 100,000 shares of the business’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $193.06, for a total transaction of $19,306,000.00. Following the completion of the transaction, the insider now directly owns 38,058,131 shares of the company’s stock, valued at $7,347,502,770.86. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Carvana news, major shareholder Ernest C. Garcia II sold 100,000 shares of the business’s stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $193.06, for a total transaction of $19,306,000.00. Following the completion of the transaction, the insider now owns 38,058,131 shares in the company, valued at approximately $7,347,502,770.86. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Daniel J. Gill sold 30,000 shares of the firm’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of $175.00, for a total value of $5,250,000.00. Following the transaction, the insider now directly owns 328,329 shares in the company, valued at $57,457,575. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,734,366 shares of company stock worth $436,244,659. 17.12% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CVNA. Ridgewood Investments LLC acquired a new position in Carvana during the second quarter worth about $32,000. Sugarloaf Wealth Management LLC acquired a new position in shares of Carvana in the 3rd quarter worth approximately $32,000. Summit Securities Group LLC raised its holdings in shares of Carvana by 110.0% in the 2nd quarter. Summit Securities Group LLC now owns 300 shares of the company’s stock worth $39,000 after purchasing an additional 3,300 shares in the last quarter. Fifth Third Bancorp lifted its stake in Carvana by 450.8% during the second quarter. Fifth Third Bancorp now owns 336 shares of the company’s stock valued at $43,000 after purchasing an additional 275 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. acquired a new position in Carvana in the second quarter worth approximately $51,000. 56.71% of the stock is currently owned by institutional investors.

Carvana Company Profile

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.