Carvana (NYSE:CVNA) Price Target Raised to $430.00

Carvana (NYSE:CVNA) had its price target increased by Evercore ISI from $425.00 to $430.00 in a report issued on Tuesday,MarketScreener reports.

Other research analysts have also issued research reports about the company. Wells Fargo & Company increased their price objective on Carvana from $500.00 to $525.00 and gave the company an “overweight” rating in a report on Tuesday. Royal Bank Of Canada reiterated an “outperform” rating and set a $460.00 price target on shares of Carvana in a report on Thursday, October 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Carvana in a research note on Tuesday, January 13th. Morgan Stanley reaffirmed an “overweight” rating on shares of Carvana in a report on Thursday, January 8th. Finally, UBS Group lifted their target price on shares of Carvana from $450.00 to $545.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Nineteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Carvana has a consensus rating of “Moderate Buy” and an average target price of $474.27.

Carvana Stock Up 4.3%

CVNA stock opened at $427.77 on Tuesday. The firm has a market cap of $93.06 billion, a PE ratio of 97.67, a PEG ratio of 0.98 and a beta of 3.54. Carvana has a 1 year low of $148.25 and a 1 year high of $486.89. The company has a fifty day simple moving average of $430.14 and a 200 day simple moving average of $378.61. The company has a current ratio of 4.05, a quick ratio of 2.55 and a debt-to-equity ratio of 1.63.

Carvana (NYSE:CVNA) last posted its earnings results on Wednesday, October 29th. The company reported $1.03 EPS for the quarter, missing the consensus estimate of $1.29 by ($0.26). Carvana had a return on equity of 30.62% and a net margin of 3.44%.The business had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.04 billion. During the same period in the previous year, the company earned $0.64 earnings per share. The company’s quarterly revenue was up 54.5% compared to the same quarter last year. Sell-side analysts anticipate that Carvana will post 2.85 EPS for the current fiscal year.

Insider Buying and Selling at Carvana

In other news, insider Thomas Taira sold 30,952 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $435.96, for a total transaction of $13,493,833.92. Following the completion of the transaction, the insider owned 69,880 shares of the company’s stock, valued at approximately $30,464,884.80. This represents a 30.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Daniel J. Gill sold 80,000 shares of the stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $439.50, for a total transaction of $35,160,000.00. Following the completion of the sale, the insider owned 191,106 shares of the company’s stock, valued at approximately $83,991,087. The trade was a 29.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 435,256 shares of company stock valued at $182,324,727 in the last three months. 17.12% of the stock is owned by insiders.

Institutional Trading of Carvana

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CVNA. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Carvana during the fourth quarter valued at approximately $29,000. Hilltop National Bank bought a new position in shares of Carvana during the 2nd quarter worth approximately $25,000. Salomon & Ludwin LLC boosted its stake in Carvana by 112.5% in the 4th quarter. Salomon & Ludwin LLC now owns 85 shares of the company’s stock valued at $37,000 after buying an additional 45 shares in the last quarter. ORG Partners LLC boosted its stake in Carvana by 8,700.0% in the 3rd quarter. ORG Partners LLC now owns 88 shares of the company’s stock valued at $33,000 after buying an additional 87 shares in the last quarter. Finally, Washington Trust Advisors Inc. bought a new stake in Carvana in the third quarter valued at $38,000. Institutional investors own 56.71% of the company’s stock.

More Carvana News

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Analysts raised targets and reaffirmed conviction — major firms (JPMorgan, Wells Fargo) boosted price targets and kept bullish ratings, signaling some institutional confidence in Carvana’s operational recovery. Benzinga: JPMorgan raises target
• Positive Sentiment: Recent quarterly results and balance?sheet repair support the bull case: record revenue, positive GAAP operating income and substantial cash on hand plus notable debt reduction are cited as evidence the core retail used?car business is profitable. MarketBeat: Carvana Drops 14% After $1B Accounting Allegations
• Neutral Sentiment: Carvana has publicly refuted the Gotham short report, calling the allegations inaccurate and emphasizing that related?party transactions are disclosed in its filings — response may calm some investors but doesn’t eliminate scrutiny. MarketBeat: Carvana Drops 14% After $1B Accounting Allegations
• Neutral Sentiment: Shares are rebounding after the initial plunge, showing short?term resilience; this rebound reflects a tug?of?war between momentum buyers and risk?averse traders. Benzinga: Stock Of The Day
• Negative Sentiment: Gotham City Research alleges Carvana overstated 2023–2024 earnings by >$1B via related?party loan transfers and valuation practices (GoFi, Bridgecrest, DriveTime), the core catalyst for the sell?off. These are material accounting accusations that could materially affect reported profits if validated. Gotham City Research report
• Negative Sentiment: Multiple law firms have opened securities?fraud investigations and notified investors (Rosen, Pomerantz, Kirby McInerney, BFA, Block & Leviton, Moore Law), increasing the likelihood of litigation and potential shareholder claims. BusinessWire: Rosen Law Firm investigation
• Negative Sentiment: Regulatory and audit risks remain: the Gotham piece notes an SEC subpoena and that the same audit firm signs multiple related entities, which could prompt regulatory review, restatements or enforcement — key downside risk for the stock. MarketBeat: Carvana Drops 14% After $1B Accounting Allegations

Carvana Company Profile

Carvana Co is an online-only retailer of used vehicles that operates a consumer-facing e-commerce platform for buying and selling cars. The company markets and sells inspected, reconditioned pre-owned vehicles through its website, where shoppers can browse inventory, view detailed 360-degree photos and vehicle history reports, finance purchases, and arrange delivery or pickup. Carvana’s model is built around a digital end-to-end car buying experience that aims to simplify vehicle transactions compared with traditional dealerships.

Its products and services include direct retail sales of used cars, trade-in and purchase offers for consumer vehicles, vehicle financing and related protection products, and a seven-day return policy that allows customers to test a vehicle in everyday use.