William Blair Estimates Carvana’s Q1 Earnings (NYSE:CVNA)

Carvana Co. (NYSE:CVNA) – Research analysts at William Blair boosted their Q1 2025 earnings estimates for shares of Carvana in a research report issued on Tuesday, March 25th. William Blair analyst S. Zackfia now anticipates that the company will earn $0.74 per share for the quarter, up from their previous forecast of $0.69. William Blair has a “Outperform” rating on the stock. The consensus estimate for Carvana’s current full-year earnings is $2.85 per share. William Blair also issued estimates for Carvana’s Q2 2025 earnings at $0.99 EPS, Q3 2025 earnings at $1.00 EPS, Q4 2025 earnings at $0.91 EPS, FY2025 earnings at $3.64 EPS and FY2026 earnings at $5.34 EPS.

Carvana (NYSE:CVNA) last issued its earnings results on Wednesday, February 19th. The company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.29 by $0.27. The company had revenue of $3.55 billion during the quarter, compared to analysts’ expectations of $3.32 billion. Carvana had a net margin of 1.54% and a return on equity of 36.59%.

A number of other research analysts also recently issued reports on CVNA. Needham & Company LLC reissued a “buy” rating and issued a $340.00 price objective on shares of Carvana in a research note on Friday, March 7th. Morgan Stanley raised shares of Carvana from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $260.00 to $280.00 in a research report on Tuesday. Bank of America lowered their price target on Carvana from $270.00 to $220.00 and set a “buy” rating for the company in a research report on Friday, March 14th. Piper Sandler raised shares of Carvana from a “neutral” rating to an “overweight” rating and set a $225.00 target price on the stock in a research report on Thursday, March 20th. Finally, Royal Bank of Canada boosted their price target on shares of Carvana from $280.00 to $320.00 and gave the stock an “outperform” rating in a report on Thursday, February 20th. Six research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $261.53.

Carvana Stock Performance

Shares of Carvana stock opened at $204.40 on Thursday. The stock has a market cap of $43.57 billion, a price-to-earnings ratio of 130.19 and a beta of 3.56. The company’s fifty day moving average is $227.25 and its 200 day moving average is $216.89. The company has a quick ratio of 2.12, a current ratio of 3.64 and a debt-to-equity ratio of 3.82. Carvana has a twelve month low of $67.61 and a twelve month high of $292.84.

Institutional Investors Weigh In On Carvana

Several institutional investors have recently added to or reduced their stakes in the business. Fidelis Capital Partners LLC lifted its holdings 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 purchasing an additional 51 shares during the period. Bleakley Financial Group LLC raised its holdings 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 acquiring an additional 65 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Carvana by 21.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 426 shares of the company’s stock valued at $87,000 after purchasing an additional 74 shares in the last quarter. Great Lakes Advisors LLC boosted its holdings in shares of Carvana by 2.1% during the 4th quarter. Great Lakes Advisors LLC now owns 3,698 shares of the company’s stock worth $752,000 after purchasing an additional 77 shares during the last quarter. Finally, Global Retirement Partners LLC boosted its stake in Carvana by 109.9% during the fourth quarter. Global Retirement Partners LLC now owns 149 shares of the company’s stock worth $30,000 after buying an additional 78 shares during the last quarter. Institutional investors and hedge funds own 56.71% of the company’s stock.

Insider Buying and Selling

In other news, COO Benjamin E. Huston sold 50,000 shares of the company’s stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $210.35, for a total value of $10,517,500.00. Following the transaction, the chief operating officer now directly owns 146,278 shares in the company, valued at approximately $30,769,577.30. This represents a 25.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Thomas Taira sold 27,593 shares of the company’s stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $225.03, for a total value of $6,209,252.79. Following the completion of the sale, the insider now owns 179,673 shares of the company’s stock, valued at $40,431,815.19. This represents a 13.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 197,377 shares of company stock worth $44,251,096. Corporate insiders own 17.12% 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.