William Blair Weighs in on Carvana’s Q2 Earnings (NYSE:CVNA)

Carvana Co. (NYSE:CVNA) – William Blair issued their Q2 2025 earnings per share estimates for Carvana in a note issued to investors on Monday, January 6th. William Blair analyst S. Zackfia anticipates that the company will post earnings per share of $0.74 for the quarter. The consensus estimate for Carvana’s current full-year earnings is $0.76 per share. William Blair also issued estimates for Carvana’s Q3 2025 earnings at $0.66 EPS.

A number of other equities analysts have also recently issued reports on the stock. Robert W. Baird boosted their price objective on shares of Carvana from $160.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Wedbush boosted their price target on Carvana from $150.00 to $175.00 and gave the company a “neutral” rating in a report on Monday, October 7th. Wells Fargo & Company dropped their price objective on Carvana from $300.00 to $275.00 and set an “overweight” rating for the company in a report on Monday. Evercore ISI lifted their price objective on Carvana from $240.00 to $245.00 and gave the stock an “in-line” rating in a research report on Tuesday, December 3rd. Finally, Jefferies Financial Group upped their target price on Carvana from $150.00 to $185.00 and gave the company a “hold” rating in a report on Tuesday, October 22nd. Nine research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, Carvana presently has a consensus rating of “Moderate Buy” and a consensus target price of $241.94.

Carvana Stock Down 0.7 %

Shares of NYSE CVNA opened at $197.00 on Wednesday. The firm’s fifty day moving average is $235.93 and its 200 day moving average is $182.69. Carvana has a 52 week low of $40.21 and a 52 week high of $268.34. The company has a quick ratio of 2.12, a current ratio of 3.25 and a debt-to-equity ratio of 18.99. The company has a market cap of $40.90 billion, a price-to-earnings ratio of 19,719.72 and a beta of 3.38.

Carvana (NYSE:CVNA) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.41. The company had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $3.47 billion. Carvana’s revenue for the quarter was up 31.8% on a year-over-year basis. During the same period last year, the firm earned $0.23 earnings per share.

Institutional Investors Weigh In On Carvana

Several institutional investors and hedge funds have recently made changes to their positions in CVNA. Forum Financial Management LP boosted its stake in Carvana by 3.8% during the 3rd quarter. Forum Financial Management LP now owns 2,071 shares of the company’s stock valued at $361,000 after purchasing an additional 76 shares during the last quarter. Empirical Asset Management LLC raised its stake in shares of Carvana by 2.0% in the third quarter. Empirical Asset Management LLC now owns 5,109 shares of the company’s stock worth $890,000 after purchasing an additional 100 shares during the last quarter. CIBC Asset Management Inc lifted its holdings in shares of Carvana by 3.5% during the third quarter. CIBC Asset Management Inc now owns 3,366 shares of the company’s stock valued at $586,000 after purchasing an additional 115 shares in the last quarter. MML Investors Services LLC boosted its position in shares of Carvana by 3.0% during the third quarter. MML Investors Services LLC now owns 4,172 shares of the company’s stock valued at $726,000 after buying an additional 122 shares during the last quarter. Finally, Bleakley Financial Group LLC increased its holdings in Carvana by 6.0% in the 3rd quarter. Bleakley Financial Group LLC now owns 2,308 shares of the company’s stock worth $402,000 after buying an additional 130 shares in the last quarter. Institutional investors own 56.71% of the company’s stock.

Insider Buying and Selling at Carvana

In other news, major shareholder Ernest C. Garcia II sold 100,000 shares of the firm’s stock in a transaction on Monday, October 14th. The stock was sold at an average price of $190.47, for a total transaction of $19,047,000.00. Following the completion of the transaction, the insider now directly owns 38,258,131 shares in the company, valued at $7,287,026,211.57. This trade represents a 0.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Mark W. Jenkins sold 208,495 shares of the company’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $224.43, for a total transaction of $46,792,532.85. Following the completion of the transaction, the chief financial officer now owns 90,732 shares in the company, valued at approximately $20,362,982.76. The trade was a 69.68 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,051,908 shares of company stock valued at $218,824,285. Corporate 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.