Zacks Research Brokers Boost Earnings Estimates for Carvana Co. (NYSE:CVNA)

Carvana Co. (NYSE:CVNA) – Investment analysts at Zacks Research upped their FY2025 earnings per share estimates for shares of Carvana in a report issued on Tuesday, September 17th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $1.78 for the year, up from their previous estimate of $1.72. The consensus estimate for Carvana’s current full-year earnings is $0.18 per share. Zacks Research also issued estimates for Carvana’s Q4 2025 earnings at $0.42 EPS, Q1 2026 earnings at $0.51 EPS, Q2 2026 earnings at $0.49 EPS and FY2026 earnings at $2.05 EPS.

A number of other analysts have also recently weighed in on the company. Wells Fargo & Company raised Carvana from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $77.00 to $175.00 in a research report on Thursday, August 1st. JPMorgan Chase & Co. raised their price objective on Carvana from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Friday, July 19th. Evercore ISI raised their price objective on Carvana from $142.00 to $157.00 and gave the stock an “in-line” rating in a research report on Monday, September 16th. DA Davidson raised their price objective on Carvana from $110.00 to $155.00 and gave the stock a “neutral” rating in a research report on Thursday, August 1st. Finally, Wedbush raised Carvana to a “neutral” rating and lifted their price target for the stock from $120.00 to $150.00 in a research report on Monday, August 19th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $153.88.

Carvana Stock Up 1.8 %

Carvana stock opened at $173.78 on Friday. The company has a debt-to-equity ratio of 47.20, a current ratio of 3.11 and a quick ratio of 2.02. The stock has a market capitalization of $35.20 billion, a price-to-earnings ratio of 76.22 and a beta of 3.43. Carvana has a 1-year low of $25.09 and a 1-year high of $176.33. The business has a fifty day moving average price of $142.36 and a 200-day moving average price of $114.44.

Carvana (NYSE:CVNA) last announced its earnings results on Wednesday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.23 billion.

Insider Buying and Selling at Carvana

In related news, major shareholder Ernest C. Garcia II sold 60,000 shares of Carvana stock in a transaction dated Monday, June 24th. The stock was sold at an average price of $115.77, for a total value of $6,946,200.00. Following the completion of the transaction, the insider now owns 937,500 shares in the company, valued at approximately $108,534,375. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, major shareholder Ernest C. Garcia II sold 60,000 shares of Carvana stock in a transaction dated Monday, June 24th. The stock was sold at an average price of $115.77, for a total value of $6,946,200.00. Following the completion of the transaction, the insider now owns 937,500 shares in the company, valued at approximately $108,534,375. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Ernest C. Garcia II sold 100,000 shares of Carvana stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $148.68, for a total value of $14,868,000.00. Following the completion of the transaction, the insider now owns 690,814 shares of the company’s stock, valued at approximately $102,710,225.52. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,521,866 shares of company stock worth $347,083,884. Insiders own 17.12% of the company’s stock.

Institutional Investors Weigh In On Carvana

Several institutional investors have recently bought and sold shares of the company. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Carvana in the 2nd quarter worth about $37,728,000. Maven Securities LTD acquired a new stake in Carvana in the 2nd quarter worth about $270,000. Senator Investment Group LP acquired a new stake in Carvana in the 2nd quarter worth about $63,767,000. Sylebra Capital LLC acquired a new stake in Carvana in the 2nd quarter worth about $67,686,000. Finally, Creative Planning boosted its holdings in Carvana by 34.4% in the 2nd quarter. Creative Planning now owns 15,296 shares of the company’s stock worth $1,969,000 after buying an additional 3,913 shares during the last quarter. 56.71% of the stock is currently owned by institutional investors and hedge funds.

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.