Carvana (NYSE:CVNA – Get Free Report) had its price objective raised by investment analysts at Stephens from $430.00 to $485.00 in a report issued on Thursday,MarketScreener reports. Stephens’ target price would indicate a potential upside of 26.53% from the company’s current price.
A number of other equities analysts have also recently issued reports on CVNA. William Blair restated an “outperform” rating on shares of Carvana in a report on Friday, March 13th. Argus upgraded Carvana to a “strong-buy” rating in a research note on Tuesday, March 3rd. JPMorgan Chase & Co. lifted their target price on Carvana from $455.00 to $465.00 and gave the stock an “overweight” rating in a research report on Thursday. Weiss Ratings lowered shares of Carvana from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, March 24th. Finally, Needham & Company LLC upped their price target on shares of Carvana from $500.00 to $600.00 and gave the stock a “buy” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Carvana presently has a consensus rating of “Moderate Buy” and a consensus target price of $462.22.
View Our Latest Report on Carvana
Carvana Stock Performance
Carvana’s stock is scheduled to split on the morning of Thursday, May 7th. The 5-1 split was announced on Friday, March 13th. The newly minted shares will be issued to shareholders after the closing bell on Wednesday, May 6th.
Carvana (NYSE:CVNA – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.11. The business had revenue of $6.43 billion during the quarter, compared to analyst estimates of $6.12 billion. Carvana had a return on equity of 46.63% and a net margin of 6.40%. Research analysts predict that Carvana will post 6.97 EPS for the current year.
Insiders Place Their Bets
In other news, insider Thomas Taira sold 3,770 shares of the stock in a transaction on 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 transaction, the insider owned 58,564 shares of the company’s stock, valued at approximately $19,970,324. This represents a 6.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director J Danforth Quayle sold 2,900 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $309.97, for a total value of $898,913.00. Following the transaction, the director owned 41,913 shares in the company, valued at approximately $12,991,772.61. This represents a 6.47% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 56,170 shares of company stock worth $20,020,204. 15.19% of the stock is owned by company insiders.
Institutional Investors Weigh In On Carvana
Several large investors have recently modified their holdings of CVNA. First Horizon Corp boosted its position in Carvana by 6.4% during the fourth quarter. First Horizon Corp now owns 418 shares of the company’s stock valued at $176,000 after purchasing an additional 25 shares in the last quarter. SJS Investment Consulting Inc. lifted its position in shares of Carvana by 28.3% during the third quarter. SJS Investment Consulting Inc. now owns 136 shares of the company’s stock valued at $51,000 after buying an additional 30 shares during the last quarter. Gilder Gagnon Howe & Co. LLC lifted its position in shares of Carvana by 1.7% during the second quarter. Gilder Gagnon Howe & Co. LLC now owns 1,846 shares of the company’s stock valued at $622,000 after buying an additional 31 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Carvana by 23.1% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 165 shares of the company’s stock valued at $62,000 after buying an additional 31 shares in the last quarter. Finally, Finivi Inc. grew its position in shares of Carvana by 4.6% in the 4th quarter. Finivi Inc. now owns 698 shares of the company’s stock worth $295,000 after buying an additional 31 shares during the last quarter. Institutional investors own 56.71% of the company’s stock.
Key Stories Impacting Carvana
Here are the key news stories impacting Carvana this week:
- Positive Sentiment: Q1 results beat expectations: Carvana reported record retail unit sales (187,393 units), revenue and EPS of $1.69 that topped estimates — management highlighted record GAAP operating income and adjusted EBITDA, underpinning the bullish reaction. Carvana Announces Record First Quarter 2026 Results
- Positive Sentiment: Needham issued a bullish forecast and raised its price target sharply (to $600), citing strong growth and margin progress — a highly visible endorsement that lifts investor conviction. Needham & Company LLC Issues Positive Forecast for Carvana (NYSE:CVNA) Stock Price
- Positive Sentiment: BTIG also upgraded its outlook and raised its target, joining multiple firms that bumped targets after the quarter — the analyst momentum is pressuring upside estimates and supporting the rally. BTIG Research Issues Positive Forecast for Carvana (NYSE:CVNA) Stock Price
- Positive Sentiment: Wider analyst re-rating: several brokerages (Morgan Stanley, JPMorgan, Wells Fargo and others) raised price targets and overweight/buy ratings after Q1, signaling broad Wall Street confidence and increasing potential upside. Wall Street Showers Carvana With Price Target Hikes
- Neutral Sentiment: Consensus sentiment is now around “Moderate Buy” as brokerages update models; this consensus supports demand but also sets expectations higher. Carvana Co. (NYSE:CVNA) Receives Consensus Rating of “Moderate Buy” from Brokerages
- Neutral Sentiment: Valuation is being debated: recent share strength has pushed CVNA to a premium P/E and elevated multiples versus peers — investors are weighing growth vs. current valuation. Assessing Carvana (CVNA) Valuation
- Negative Sentiment: Price pullback / profit-taking: despite the upbeat quarter, CVNA experienced an intraday pullback after the print (reported ~3% drop in one coverage piece) as some traders booked gains and digested shorter-term risks. Carvana (CVNA) Stock Drops 3% After First Quarter Earnings Despite Revenue Surge
- Negative Sentiment: Margin pressure and rising costs flagged: the company reported strong unit and revenue growth but noted weaker per?unit margins and higher operating costs — a read-through that could temper near-term margin expansion expectations. Carvana Co (CVNA) Q1 2026 Earnings Call Highlights
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.
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