Zacks Research Forecasts Carvana’s Q1 Earnings (NYSE:CVNA)

Carvana Co. (NYSE:CVNA) – Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for Carvana in a report issued on Wednesday, November 13th. Zacks Research analyst R. Department now expects that the company will post earnings of $0.63 per share for the quarter, up from their previous estimate of $0.59. The consensus estimate for Carvana’s current full-year earnings is $0.62 per share. Zacks Research also issued estimates for Carvana’s Q2 2025 earnings at $0.72 EPS, Q1 2026 earnings at $1.07 EPS and Q2 2026 earnings at $1.07 EPS.

Carvana (NYSE:CVNA) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.41. The firm had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $3.47 billion. The firm’s quarterly revenue was up 31.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.23 earnings per share.

A number of other research firms also recently weighed in on CVNA. Needham & Company LLC upped their target price on Carvana from $200.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Stephens initiated coverage on shares of Carvana in a research note on Thursday, September 12th. They set an “overweight” rating and a $190.00 target price on the stock. Robert W. Baird upped their price target on shares of Carvana from $160.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. JPMorgan Chase & Co. upped their price target on shares of Carvana from $230.00 to $300.00 and gave the stock an “overweight” rating in a research note on Thursday, October 31st. Finally, Wells Fargo & Company increased their target price on shares of Carvana from $175.00 to $250.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 23rd. Eleven research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $217.71.

Carvana Stock Performance

Shares of NYSE CVNA opened at $241.00 on Monday. The company has a current ratio of 3.25, a quick ratio of 2.12 and a debt-to-equity ratio of 18.99. The stock has a 50 day simple moving average of $192.70 and a 200-day simple moving average of $150.16. The company has a market cap of $50.04 billion, a PE ratio of 24,124.12 and a beta of 3.37. Carvana has a 12-month low of $29.84 and a 12-month high of $259.39.

Institutional Trading of Carvana

Several hedge funds have recently modified their holdings of the company. Geode Capital Management LLC increased its holdings in shares of Carvana by 7.8% during the third quarter. Geode Capital Management LLC now owns 1,803,546 shares of the company’s stock worth $315,133,000 after buying an additional 131,059 shares in the last quarter. M&T Bank Corp acquired a new stake in shares of Carvana during the third quarter worth approximately $1,185,000. Abel Hall LLC acquired a new stake in shares of Carvana in the third quarter valued at approximately $202,000. Luxor Capital Group LP acquired a new stake in shares of Carvana in the third quarter valued at approximately $5,430,000. Finally, MML Investors Services LLC increased its holdings in shares of Carvana by 3.0% in the third quarter. MML Investors Services LLC now owns 4,172 shares of the company’s stock valued at $726,000 after purchasing an additional 122 shares in the last quarter. Institutional investors and hedge funds own 56.71% of the company’s stock.

Insider Activity at Carvana

In related news, Director Gregory B. Sullivan sold 5,000 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $235.00, for a total value of $1,175,000.00. Following the completion of the transaction, the director now owns 53,407 shares of the company’s stock, valued at $12,550,645. This represents a 8.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Benjamin E. Huston sold 3,043 shares of the stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $240.00, for a total transaction of $730,320.00. Following the completion of the transaction, the chief operating officer now directly owns 218,686 shares of the company’s stock, valued at $52,484,640. This trade represents a 1.37 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 2,527,249 shares of company stock worth $453,021,322. Company insiders own 17.12% of the company’s stock.

Carvana Company Profile

Carvana Co, together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices.