Carvana Stock Set to Split on Thursday, May 7th (NYSE:CVNA)

Carvana Co. (NYSE:CVNA) shares are going to split on Thursday, May 7th. The 5-1 split was announced on Friday, March 13th. The newly issued shares will be payable to shareholders after the closing bell on Wednesday, May 6th.

Carvana Price Performance

Shares of NYSE:CVNA opened at $382.57 on Friday. The company’s fifty day moving average price is $336.94 and its 200-day moving average price is $372.19. The firm has a market capitalization of $83.73 billion, a price-to-earnings ratio of 46.54 and a beta of 3.55. Carvana has a one year low of $250.89 and a one year high of $486.89. The company has a debt-to-equity ratio of 1.05, a current ratio of 4.09 and a quick ratio of 2.73.

Carvana (NYSE:CVNA) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.11. The firm had revenue of $6.43 billion for the quarter, compared to analyst estimates of $6.12 billion. Carvana had a net margin of 6.40% and a return on equity of 41.46%. On average, equities research analysts anticipate that Carvana will post 7.55 earnings per share for the current fiscal year.

Key Carvana News

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Q1 results: Carvana reported record retail unit sales, revenue and profit (EPS and revenue beat consensus), driving confidence in growth and profitability execution. Carvana Announces Record First Quarter 2026
• Positive Sentiment: Broad analyst upgrades: Multiple firms raised price targets and ratings after the quarter (Needham to $600, Morgan Stanley to $510, JPMorgan to $465, Wells Fargo to $475, BTIG to $485, etc.), signaling strong buy-side conviction on upside from current levels. Wall Street Showers Carvana With Price Target Hikes
• Positive Sentiment: Industry demand tailwinds: Management and coverage note inflation-driven used-car demand and capacity expansion (reconditioning and capex) that support faster unit growth and longer-term scaling. Carvana Sets Records as Inflation Drives Used Car Demand
• Neutral Sentiment: Valuation focus: Recent rally (roughly a 1?month surge) has drawn attention to Carvana’s premium P/E and elevated multiples, prompting some investors to reassess upside relative to valuation. Assessing Carvana Valuation After Recent Share Price Strength
• Negative Sentiment: Contrasting analyst signal: DA Davidson raised its target to $335 but kept a “neutral” rating — that target implies downside versus recent levels and injects caution into the upgrade momentum. DA Davidson Price Target Note
• Negative Sentiment: Profit vs. margin trade-off: Despite record profit, management flagged lower per?unit margins and higher operating costs, which could cap near?term margin expansion and leave some investors taking profits. Q1 Earnings Call Highlights
• Negative Sentiment: Immediate market reaction: The stock trimmed gains after the print — some traders sold into the headline beat, producing a short-term pullback despite fundamentally positive results. Stock Reaction After Earnings

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Citizens Jmp upped their price objective on shares of Carvana from $460.00 to $515.00 and gave the company a “market outperform” rating in a research note on Friday. BTIG Research upped their price objective on shares of Carvana from $455.00 to $485.00 and gave the company a “buy” rating in a research note on Thursday. Morgan Stanley upped their price objective on shares of Carvana from $450.00 to $510.00 and gave the company an “overweight” rating in a research note on Thursday. Jefferies Financial Group cut their price objective on shares of Carvana from $485.00 to $475.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Finally, Argus raised shares of Carvana to a “strong-buy” rating in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Carvana presently has a consensus rating of “Moderate Buy” and an average target price of $466.13.

Insider Transactions at Carvana

In other news, COO Benjamin E. Huston sold 10,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $384.96, for a total value of $3,849,600.00. Following the completion of the sale, the chief operating officer directly owned 105,962 shares of the company’s stock, valued at approximately $40,791,131.52. This trade represents a 8.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Thomas Taira sold 3,770 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $341.00, for a total transaction of $1,285,570.00. Following the completion of the sale, the insider directly owned 58,564 shares of the company’s stock, valued at approximately $19,970,324. This represents a 6.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 79,920 shares of company stock worth $29,201,797. 15.19% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CVNA. Ascentis Independent Advisors bought a new position in shares of Carvana in the 1st quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Carvana in the 4th quarter worth about $29,000. Farmers & Merchants Investments Inc. bought a new position in shares of Carvana in the 4th quarter worth about $29,000. ORG Partners LLC increased its stake in shares of Carvana by 8,700.0% in the 3rd quarter. ORG Partners LLC now owns 88 shares of the company’s stock worth $33,000 after acquiring an additional 87 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new position in shares of Carvana in the 4th quarter worth about $33,000. 56.71% of the stock is currently owned by institutional investors.

About Carvana

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.