Zacks Research Issues Positive Outlook for Carvana Earnings

Carvana Co. (NYSE:CVNA) – Zacks Research upped their FY2026 EPS estimates for Carvana in a report issued on Wednesday, February 12th. Zacks Research analyst R. Department now expects that the company will post earnings of $5.08 per share for the year, up from their previous forecast of $4.62. The consensus estimate for Carvana’s current full-year earnings is $0.88 per share.

A number of other research firms have also weighed in on CVNA. Stephens reiterated an “overweight” rating and set a $300.00 target price on shares of Carvana in a report on Thursday, February 6th. Royal Bank of Canada raised shares of Carvana from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from $270.00 to $280.00 in a research report on Tuesday, January 7th. Evercore ISI lifted their price objective on Carvana from $240.00 to $245.00 and gave the company an “in-line” rating in a research report on Tuesday, December 3rd. JPMorgan Chase & Co. increased their target price on Carvana from $300.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Finally, Citigroup raised Carvana from a “neutral” rating to a “buy” rating and upped their price target for the stock from $195.00 to $277.00 in a research note on Wednesday, January 8th. Nine research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, Carvana has an average rating of “Moderate Buy” and an average target price of $249.29.

Carvana Price Performance

Shares of Carvana stock opened at $284.67 on Monday. The company’s fifty day simple moving average is $234.25 and its two-hundred day simple moving average is $206.38. Carvana has a 12-month low of $48.15 and a 12-month high of $291.27. The firm has a market cap of $59.11 billion, a PE ratio of 28,495.80 and a beta of 3.37. The company has a quick ratio of 2.12, a current ratio of 3.25 and a debt-to-equity ratio of 18.99.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Quent Capital LLC purchased a new stake in Carvana in the 4th quarter worth approximately $28,000. Global Retirement Partners LLC boosted its position in shares of Carvana by 109.9% in the fourth quarter. Global Retirement Partners LLC now owns 149 shares of the company’s stock worth $30,000 after purchasing an additional 78 shares during the period. Rialto Wealth Management LLC purchased a new stake in shares of Carvana in the fourth quarter worth $31,000. ORG Wealth Partners LLC bought a new stake in shares of Carvana during the 4th quarter valued at $34,000. Finally, Versant Capital Management Inc purchased a new position in shares of Carvana during the 4th quarter valued at $42,000. Institutional investors own 56.71% of the company’s stock.

Insider Buying and Selling at Carvana

In other Carvana news, CFO Mark W. Jenkins sold 10,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $255.07, for a total transaction of $2,550,700.00. Following the completion of the sale, the chief financial officer now directly owns 189,761 shares in the company, valued at $48,402,338.27. The trade was a 5.01 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Daniel J. Gill sold 44,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $259.47, for a total transaction of $11,416,680.00. Following the sale, the insider now directly owns 191,225 shares of the company’s stock, valued at approximately $49,617,150.75. This represents a 18.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 173,629 shares of company stock worth $44,833,799. Insiders own 17.12% of the company’s stock.

About Carvana

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.