Gordon Haskett Increases Carvana (NYSE:CVNA) Price Target to $425.00

Carvana (NYSE:CVNA) had its price objective raised by investment analysts at Gordon Haskett from $335.00 to $425.00 in a report issued on Thursday,MarketScreener reports. The firm presently has a “hold” rating on the stock. Gordon Haskett’s target price would indicate a potential upside of 11.09% from the company’s current price.

A number of other equities research analysts also recently commented on the stock. BTIG Research raised their price objective on shares of Carvana from $455.00 to $485.00 and gave the company a “buy” rating in a research report on Thursday. DA Davidson dropped their target price on Carvana from $470.00 to $320.00 and set a “neutral” rating on the stock in a research report on Thursday, February 19th. Royal Bank Of Canada reduced their price target on Carvana from $500.00 to $440.00 and set an “outperform” rating for the company in a report on Thursday, February 19th. Robert W. Baird set a $440.00 price target on Carvana in a research note on Thursday. Finally, BNP Paribas Exane upped their price objective on Carvana from $388.00 to $429.00 in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $466.13.

Carvana Stock Performance

Shares of CVNA opened at $382.57 on Thursday. The stock has a market capitalization of $83.73 billion, a P/E ratio of 46.54 and a beta of 3.55. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.73 and a current ratio of 4.09. Carvana has a 1 year low of $250.89 and a 1 year high of $486.89. The company’s fifty day moving average is $336.94 and its two-hundred day moving average is $371.95.

Shares of Carvana are scheduled to split on Thursday, May 7th. The 5-1 split was announced on Friday, March 13th. The newly issued shares will be issued to shareholders after the closing bell on Wednesday, May 6th.

Carvana (NYSE:CVNA) last issued its earnings results on Wednesday, April 29th. The company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.11. Carvana had a net margin of 6.40% and a return on equity of 41.46%. The business had revenue of $6.43 billion for the quarter, compared to the consensus estimate of $6.12 billion. On average, sell-side analysts predict that Carvana will post 6.97 earnings per share for the current year.

Insider Activity

In other Carvana 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 transaction of $3,849,600.00. Following the sale, the chief operating officer directly owned 105,962 shares of the company’s stock, valued at $40,791,131.52. This trade represents a 8.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 dated Monday, March 9th. The stock was sold at an average price of $309.97, for a total transaction of $898,913.00. Following the sale, the director directly owned 41,913 shares in the company, valued at $12,991,772.61. This represents a 6.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 79,920 shares of company stock worth $29,201,797 in the last quarter. Corporate insiders own 15.19% of the company’s stock.

Hedge Funds Weigh In On Carvana

Several institutional investors and hedge funds have recently modified their holdings of the company. Fifth Third Bancorp boosted its position in Carvana by 3,547.9% during the first quarter. Fifth Third Bancorp now owns 14,154 shares of the company’s stock worth $4,450,000 after acquiring an additional 13,766 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in Carvana by 6.8% in the 1st quarter. Sequoia Financial Advisors LLC now owns 3,739 shares of the company’s stock valued at $1,175,000 after acquiring an additional 237 shares during the last quarter. Hsbc Holdings PLC raised its holdings in Carvana by 6.3% in the 1st quarter. Hsbc Holdings PLC now owns 235,769 shares of the company’s stock valued at $73,820,000 after acquiring an additional 14,042 shares during the last quarter. Whipplewood Advisors LLC purchased a new position in shares of Carvana during the 1st quarter worth $36,000. Finally, Resona Asset Management Co. Ltd. boosted its holdings in shares of Carvana by 4.1% during the first quarter. Resona Asset Management Co. Ltd. now owns 40,772 shares of the company’s stock worth $12,634,000 after purchasing an additional 1,603 shares during the last quarter. Hedge funds and other institutional investors own 56.71% of the company’s stock.

Carvana News Roundup

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

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.