Zacks Research Has Positive Estimate for Carvana Q1 Earnings

Carvana Co. (NYSE:CVNA) – Equities research analysts at Zacks Research raised their Q1 2025 EPS estimates for shares of Carvana in a note issued to investors on Wednesday, November 13th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.63 per share for the quarter, up from their previous estimate of $0.59. The consensus estimate for Carvana’s current full-year earnings is $0.62 per share. Zacks Research also issued estimates for Carvana’s Q2 2025 earnings at $0.72 EPS, Q1 2026 earnings at $1.07 EPS and Q2 2026 earnings at $1.07 EPS.

CVNA has been the subject of several other research reports. Wedbush boosted their target price on Carvana from $150.00 to $175.00 and gave the stock a “neutral” rating in a research note on Monday, October 7th. Stephens assumed coverage on shares of Carvana in a research note on Thursday, September 12th. They issued an “overweight” rating and a $190.00 price objective for the company. Jefferies Financial Group raised their target price on shares of Carvana from $150.00 to $185.00 and gave the company a “hold” rating in a research report on Tuesday, October 22nd. BTIG Research upped their price target on shares of Carvana from $155.00 to $188.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Finally, Royal Bank of Canada raised Carvana to a “sector perform” rating and raised their price objective for the company from $166.00 to $170.00 in a report on Monday, August 19th. Eleven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $217.71.

Carvana Price Performance

Shares of CVNA stock opened at $244.63 on Monday. The business has a fifty day simple moving average of $194.89 and a 200 day simple moving average of $151.06. The company has a market cap of $50.79 billion, a P/E ratio of 24,462.50 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. Carvana has a twelve month low of $29.84 and a twelve month high of $259.39.

Carvana (NYSE:CVNA) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.23 by $0.41. The firm had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.47 billion. The firm’s revenue for the quarter was up 31.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.23 earnings per share.

Insiders Place Their Bets

In related news, CFO Mark W. Jenkins sold 20,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $241.78, for a total transaction of $4,835,600.00. Following the sale, the chief financial officer now owns 170,732 shares in the company, valued at $41,279,582.96. This represents a 10.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Ernest C. Garcia II sold 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $155.51, for a total value of $15,551,000.00. Following the completion of the transaction, the insider now directly owns 290,814 shares in the company, valued at approximately $45,224,485.14. This trade represents a 25.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 2,527,249 shares of company stock worth $453,021,322. 17.12% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CVNA. Geode Capital Management LLC lifted its stake in shares of Carvana by 7.8% in the third quarter. Geode Capital Management LLC now owns 1,803,546 shares of the company’s stock valued at $315,133,000 after buying an additional 131,059 shares in the last quarter. M&T Bank Corp bought a new position in Carvana in the 3rd quarter valued at about $1,185,000. Abel Hall LLC acquired a new position in Carvana during the 3rd quarter valued at about $202,000. Luxor Capital Group LP bought a new stake in Carvana during the 3rd quarter worth approximately $5,430,000. Finally, MML Investors Services LLC increased its holdings in Carvana by 3.0% during the 3rd quarter. MML Investors Services LLC now owns 4,172 shares of the company’s stock worth $726,000 after purchasing an additional 122 shares in the last quarter. 56.71% of the stock is owned by institutional investors and hedge funds.

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.