Q1 Earnings Estimate for Carvana Issued By William Blair

Carvana Co. (NYSE:CVNA) – Investment analysts at William Blair issued their Q1 2025 earnings per share (EPS) estimates for shares of Carvana in a report released on Monday, January 6th. William Blair analyst S. Zackfia forecasts that the company will post earnings of $0.48 per share for the quarter. The consensus estimate for Carvana’s current full-year earnings is $0.76 per share. William Blair also issued estimates for Carvana’s Q4 2025 earnings at $0.51 EPS and FY2026 earnings at $3.67 EPS.

A number of other equities analysts also recently commented on CVNA. Piper Sandler boosted their price objective on shares of Carvana from $151.00 to $225.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Citigroup upgraded shares of Carvana from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $195.00 to $277.00 in a research note on Wednesday. Morgan Stanley raised Carvana from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $110.00 to $260.00 in a research report on Tuesday, November 5th. Stephens reaffirmed an “overweight” rating and issued a $300.00 price target on shares of Carvana in a report on Thursday, January 2nd. Finally, Wells Fargo & Company reduced their target price on Carvana from $300.00 to $275.00 and set an “overweight” rating for the company in a research note on Monday. Nine investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $241.94.

Carvana Trading Down 0.7 %

NYSE:CVNA opened at $197.00 on Thursday. The firm has a 50-day simple moving average of $235.93 and a 200-day simple moving average of $182.69. Carvana has a one year low of $40.21 and a one year high of $268.34. The firm has a market cap of $40.90 billion, a P/E ratio of 19,719.72 and a beta of 3.38. The company has a debt-to-equity ratio of 18.99, a quick ratio of 2.12 and a current ratio of 3.25.

Carvana (NYSE:CVNA) last announced its quarterly earnings results 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 analysts’ expectations of $3.47 billion. During the same quarter in the prior year, the business posted $0.23 EPS. The business’s quarterly revenue was up 31.8% on a year-over-year basis.

Institutional Investors Weigh In On Carvana

A number of large investors have recently made changes to their positions in the stock. Forum Financial Management LP boosted its stake in Carvana by 3.8% during the third quarter. Forum Financial Management LP now owns 2,071 shares of the company’s stock worth $361,000 after buying an additional 76 shares during the last quarter. Empirical Asset Management LLC boosted its position in shares of Carvana by 2.0% during the 3rd quarter. Empirical Asset Management LLC now owns 5,109 shares of the company’s stock valued at $890,000 after acquiring an additional 100 shares during the last quarter. CIBC Asset Management Inc grew its holdings in shares of Carvana by 3.5% in the third quarter. CIBC Asset Management Inc now owns 3,366 shares of the company’s stock valued at $586,000 after purchasing an additional 115 shares during the period. MML Investors Services LLC increased its position in Carvana by 3.0% during the third quarter. MML Investors Services LLC now owns 4,172 shares of the company’s stock worth $726,000 after purchasing an additional 122 shares during the last quarter. Finally, Bleakley Financial Group LLC raised its stake in Carvana by 6.0% during the third quarter. Bleakley Financial Group LLC now owns 2,308 shares of the company’s stock worth $402,000 after purchasing an additional 130 shares during the period. 56.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Ryan S. Keeton sold 24,845 shares of the stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $247.90, for a total value of $6,159,075.50. Following the completion of the sale, the insider now directly owns 151,029 shares in the company, valued at $37,440,089.10. This represents a 14.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Ernest C. Garcia II sold 100,000 shares of the business’s stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $190.47, for a total transaction of $19,047,000.00. Following the transaction, the insider now owns 38,258,131 shares in the company, valued at $7,287,026,211.57. The trade was a 0.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,051,908 shares of company stock worth $218,824,285 in the last quarter. 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.