Carvana (NYSE:CVNA) Given New $82.00 Price Target at Barclays

Carvana (NYSE:CVNA) had its price target lifted by Barclays from $80.00 to $82.00 in a report issued on Friday,Benzinga reports. They currently have an overweight rating on the stock.

A number of other analysts also recently commented on the stock. Hovde Group boosted their price target on shares of Carvana from $39.50 to $48.00 and gave the stock a “market perform” rating in a research report on Tuesday, August 4th. Oppenheimer set a $90.00 price objective on shares of Carvana and gave the company an “outperform” rating in a report on Wednesday, September 30th. BTIG Research set a $82.00 price objective on shares of Carvana and gave the company a “buy” rating in a research note on Thursday. Royal Bank Of Canada set a $82.00 price objective on shares of Carvana and gave the company an “outperform” rating in a research note on Thursday, July 30th. Finally, Stephens reissued an “overweight” rating and set a $83.00 target price (down from $91.50) on shares of Carvana in a report on Tuesday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $82.09.

Carvana Price Performance

Shares of CVNA opened at $68.15 on Friday. The firm has a market capitalization of $75.00 billion, a price-to-earnings ratio of 34.29, a price-to-earnings-growth ratio of 2.08 and a beta of 3.55. The company has a debt-to-equity ratio of 0.86, a quick ratio of 2.33 and a current ratio of 4.05. Carvana has a one year low of $54.46 and a one year high of $97.38. The stock’s fifty day moving average is $65.78 and its 200-day moving average is $69.42.

Carvana (NYSE:CVNA) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.05). The company had revenue of $8.04 billion during the quarter, compared to analyst estimates of $7.71 billion. Carvana had a return on equity of 34.77% and a net margin of 6.21%. The business’s revenue for the quarter was up 42.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.03 EPS. Equities analysts anticipate that Carvana will post 1.58 EPS for the current year.

Insider Buying and Selling

In related news, CFO Mark W. Jenkins sold 63,750 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $61.64, for a total value of $3,929,550.00. Following the sale, the chief financial officer directly owned 1,142,502 shares in the company, valued at $70,423,823.28. The trade was a 5.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Thomas Taira sold 5,597 shares of the stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $65.00, for a total transaction of $363,805.00. Following the sale, the insider directly owned 357,442 shares of the company’s stock, valued at approximately $23,233,730. This represents a 1.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 358,161 shares of company stock worth $24,164,285 in the last ninety days. Insiders own 15.19% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Provenance Wealth Advisors LLC acquired a new stake in shares of Carvana during the third quarter worth $25,000. Ascentis Independent Advisors purchased a new stake in shares of Carvana during the first quarter valued at $26,000. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Carvana by 152.6% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 96 shares of the company’s stock valued at $30,000 after purchasing an additional 58 shares during the period. Transamerica Financial Advisors LLC boosted its position in shares of Carvana by 558.0% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 454 shares of the company’s stock valued at $30,000 after purchasing an additional 385 shares during the period. Finally, GoalVest Advisory LLC boosted its position in shares of Carvana by 400.0% in the 2nd quarter. GoalVest Advisory LLC now owns 500 shares of the company’s stock valued at $33,000 after purchasing an additional 400 shares during the period. Institutional investors own 56.71% of the company’s stock.

Trending Headlines about Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Carvana reported record third-quarter revenue of approximately $8.04 billion, up 42.4% year over year, with retail unit sales rising nearly 40% to roughly 217,385 vehicles. The strong volume growth exceeded revenue expectations and overshadowed the earnings miss. Carvana Q3 2026 Earnings Call Highlights
• Positive Sentiment: Morgan Stanley named Carvana a top pick, while UBS maintained a Buy rating. Barclays raised its price target to $82 from $80, and Citizens JMP increased its target to $85 from $83, suggesting analysts see meaningful upside if growth continues. Morgan Stanley Names Carvana a Top Pick
• Positive Sentiment: Needham retained a Buy rating despite lowering its target to $100, arguing that the recent selloff went too far. Commentary also pointed to positive free cash flow and an improved net-debt position as signs of strengthening financial health. Needham’s $100 Target
• Neutral Sentiment: CEO comments that artificial intelligence could simplify used-car buying offer a potential long-term efficiency and customer-experience opportunity, but no specific financial benefit or implementation timeline was announced. Carvana CEO Says AI Could Simplify Used-Car Buying
• Negative Sentiment: Adjusted earnings of $0.39 per share missed estimates, as higher logistics expenses, interest costs and declining unit profitability pressured margins despite record sales. Analysts warn that rising costs, substantial debt and ambitious expansion plans could limit financial flexibility. CVNA Q3 Earnings Miss on Higher Costs
• Negative Sentiment: BNP Paribas Exane and DA Davidson maintained Neutral ratings with $67 targets, underscoring skepticism that the stock’s premium valuation is justified without further margin improvement.

Carvana Company Profile

Carvana Co (NYSE: CVNA) is an online automotive retailer that sells used vehicles through its digital platform. Customers can browse vehicles, review detailed descriptions and vehicle history information, arrange financing, complete transactions online and choose home delivery or pickup at a Carvana location.

The company also provides vehicle trade-in services and offers related products, including vehicle protection plans and other automotive services. Carvana is known for its automated, glass-enclosed vehicle vending machines, which provide an alternative pickup experience in select markets.

Founded in 2012 and headquartered in Tempe, Arizona, Carvana began operations as an online used-car retailer in 2013 and went public in 2017.