Research Analysts Issue Forecasts for Carvana Q1 Earnings

Carvana Co. (NYSE:CVNA) – Investment analysts at William Blair boosted their Q1 2025 earnings per share estimates for shares of Carvana in a report released on Tuesday, March 25th. William Blair analyst S. Zackfia now expects that the company will post earnings per share of $0.74 for the quarter, up from their prior estimate of $0.69. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Carvana’s current full-year earnings is $2.85 per share. William Blair also issued estimates for Carvana’s Q2 2025 earnings at $0.99 EPS, Q3 2025 earnings at $1.00 EPS, Q4 2025 earnings at $0.91 EPS, FY2025 earnings at $3.64 EPS and FY2026 earnings at $5.34 EPS.

Carvana (NYSE:CVNA) last issued its earnings results on Wednesday, February 19th. The company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.27. The business had revenue of $3.55 billion during the quarter, compared to analyst estimates of $3.32 billion. Carvana had a return on equity of 36.59% and a net margin of 1.54%.

Other equities analysts have also recently issued reports about the company. Needham & Company LLC reissued a “buy” rating and set a $340.00 price target on shares of Carvana in a report on Friday, March 7th. DA Davidson increased their target price on Carvana from $220.00 to $260.00 and gave the company a “neutral” rating in a report on Thursday, February 20th. Evercore ISI cut their price target on Carvana from $250.00 to $240.00 and set an “in-line” rating for the company in a research note on Tuesday, March 11th. JPMorgan Chase & Co. dropped their price objective on shares of Carvana from $365.00 to $325.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, Piper Sandler raised shares of Carvana from a “neutral” rating to an “overweight” rating and set a $225.00 target price for the company in a report on Thursday, March 20th. Six analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, Carvana presently has an average rating of “Moderate Buy” and a consensus price target of $261.53.

Carvana Stock Down 0.2 %

Shares of Carvana stock opened at $204.45 on Thursday. Carvana has a twelve month low of $67.61 and a twelve month high of $292.84. The company has a quick ratio of 2.12, a current ratio of 3.64 and a debt-to-equity ratio of 3.82. The company’s 50 day moving average is $227.77 and its 200 day moving average is $216.41. The company has a market cap of $43.58 billion, a price-to-earnings ratio of 130.22 and a beta of 3.56.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CVNA. FMR LLC lifted its holdings in shares of Carvana by 90.8% in the 3rd quarter. FMR LLC now owns 12,361,790 shares of the company’s stock worth $2,152,311,000 after acquiring an additional 5,882,656 shares during the last quarter. Whale Rock Capital Management LLC purchased a new stake in Carvana in the 3rd quarter worth about $162,953,000. Norges Bank purchased a new position in shares of Carvana during the fourth quarter valued at approximately $179,364,000. Vanguard Group Inc. grew its stake in shares of Carvana by 5.6% during the fourth quarter. Vanguard Group Inc. now owns 11,425,367 shares of the company’s stock valued at $2,323,463,000 after buying an additional 610,234 shares during the last quarter. Finally, Castle Hook Partners LP purchased a new stake in shares of Carvana in the fourth quarter worth approximately $116,020,000. 56.71% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Carvana

In other Carvana news, COO Benjamin E. Huston sold 50,000 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $178.49, for a total transaction of $8,924,500.00. Following the sale, the chief operating officer now directly owns 196,278 shares in the company, valued at $35,033,660.22. This represents a 20.30 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Mark W. Jenkins sold 10,000 shares of Carvana stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $200.75, for a total value of $2,007,500.00. Following the completion of the transaction, the chief financial officer now owns 189,097 shares of the company’s stock, valued at approximately $37,961,222.75. This trade represents a 5.02 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 197,377 shares of company stock valued at $44,251,096. 17.12% of the stock is currently owned by insiders.

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.