What is Zacks Research's Forecast for Carvana Q1 Earnings?

Carvana Co. (NYSE:CVNA - Free Report) - Research analysts at Zacks Research reduced their Q1 2026 EPS estimates for shares of Carvana in a report issued on Tuesday, March 4th. Zacks Research analyst R. Department now forecasts that the company will earn $1.14 per share for the quarter, down from their prior estimate of $1.17. The consensus estimate for Carvana's current full-year earnings is $2.85 per share. Zacks Research also issued estimates for Carvana's Q2 2026 earnings at $0.97 EPS, Q3 2026 earnings at $1.08 EPS, Q4 2026 earnings at $1.26 EPS, FY2026 earnings at $4.44 EPS and FY2027 earnings at $6.50 EPS.

CVNA has been the topic of a number of other reports. William Blair reaffirmed an "outperform" rating on shares of Carvana in a research report on Thursday, February 20th. Stephens restated an "overweight" rating and set a $300.00 price objective on shares of Carvana in a report on Monday, March 3rd. JMP Securities reaffirmed a "market outperform" rating and issued a $320.00 target price on shares of Carvana in a research report on Monday, December 16th. Citigroup lifted their price target on shares of Carvana from $277.00 to $320.00 and gave the stock a "buy" rating in a research note on Friday, February 21st. Finally, Needham & Company LLC reiterated a "buy" rating and set a $340.00 price objective on shares of Carvana in a research note on Friday. Eight equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, Carvana has an average rating of "Moderate Buy" and an average target price of $265.94.

Carvana Stock Down 9.0 %

NYSE:CVNA traded down $17.01 during trading hours on Thursday, hitting $171.47. The stock had a trading volume of 7,084,198 shares, compared to its average volume of 3,836,102. The company has a market cap of $36.55 billion, a PE ratio of 109.21 and a beta of 3.56. The business has a 50 day simple moving average of $230.63 and a two-hundred day simple moving average of $213.80. Carvana has a 1-year low of $67.61 and a 1-year high of $292.84. The company has a current ratio of 3.64, a quick ratio of 2.12 and a debt-to-equity ratio of 3.82.

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

Insider Activity at Carvana

In other Carvana news, insider Ryan S. Keeton sold 24,845 shares of the company's stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $247.90, for a total value of $6,159,075.50. Following the transaction, the insider now directly owns 151,029 shares of the company's stock, valued at $37,440,089.10. This represents a 14.13 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ira J. Platt sold 25,000 shares of Carvana stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $244.30, for a total value of $6,107,500.00. Following the sale, the director now owns 5,227 shares of the company's stock, valued at approximately $1,276,956.10. This represents a 82.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 119,629 shares of company stock worth $30,866,419. 17.12% of the stock is owned by corporate insiders.

Institutional Trading of Carvana

A number of institutional investors have recently added to or reduced their stakes in CVNA. Quent Capital LLC bought a new stake in Carvana in the fourth quarter worth $28,000. Global Retirement Partners LLC boosted its stake in shares of Carvana by 109.9% during the 4th quarter. Global Retirement Partners LLC now owns 149 shares of the company's stock worth $30,000 after acquiring an additional 78 shares in the last quarter. Rialto Wealth Management LLC acquired a new position in shares of Carvana during the 4th quarter valued at about $31,000. ORG Wealth Partners LLC bought a new position in shares of Carvana in the 4th quarter valued at approximately $34,000. Finally, Capital Performance Advisors LLP acquired a new stake in Carvana in the 3rd quarter worth approximately $40,000. 56.71% of the stock is currently owned by institutional investors and hedge funds.

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.