What is Zacks Research's Estimate for Carvana Q2 Earnings?

Carvana Co. (NYSE:CVNA - Free Report) - Research analysts at Zacks Research upped their Q2 2025 earnings per share (EPS) estimates for shares of Carvana in a report issued on Wednesday, May 21st. Zacks Research analyst R. Department now expects that the company will post earnings of $1.09 per share for the quarter, up from their previous estimate of $0.87. The consensus estimate for Carvana's current full-year earnings is $2.85 per share. Zacks Research also issued estimates for Carvana's Q3 2025 earnings at $1.21 EPS, Q1 2026 earnings at $1.58 EPS, Q2 2026 earnings at $1.28 EPS, Q3 2026 earnings at $1.39 EPS, Q4 2026 earnings at $1.75 EPS, FY2026 earnings at $6.00 EPS, Q1 2027 earnings at $2.45 EPS and FY2027 earnings at $8.89 EPS.

CVNA has been the topic of a number of other reports. Robert W. Baird lifted their price objective on Carvana from $200.00 to $275.00 and gave the stock a "neutral" rating in a research note on Thursday, May 8th. JPMorgan Chase & Co. lowered their target price on Carvana from $365.00 to $325.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Wedbush upgraded Carvana to a "hold" rating in a report on Thursday, May 8th. DA Davidson increased their price objective on Carvana from $220.00 to $260.00 and gave the company a "neutral" rating in a research report on Thursday, February 20th. Finally, William Blair reaffirmed an "outperform" rating on shares of Carvana in a research report on Thursday, February 20th. Six investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, Carvana has an average rating of "Moderate Buy" and an average price target of $275.65.

Carvana Stock Performance

Shares of Carvana stock traded up $7.97 on Friday, reaching $320.88. The stock had a trading volume of 1,566,019 shares, compared to its average volume of 3,945,309. The company has a debt-to-equity ratio of 3.82, a quick ratio of 2.12 and a current ratio of 3.64. The business's 50-day moving average price is $238.36 and its two-hundred day moving average price is $233.54. The stock has a market cap of $68.71 billion, a P/E ratio of 204.44 and a beta of 3.61. Carvana has a fifty-two week low of $97.55 and a fifty-two week high of $322.76.

Carvana (NYSE:CVNA - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $1.51 EPS for the quarter, beating analysts' consensus estimates of $0.75 by $0.76. Carvana had a return on equity of 36.59% and a net margin of 1.54%. The business had revenue of $4.23 billion for the quarter, compared to analyst estimates of $3.94 billion. During the same quarter in the prior year, the firm posted $0.23 EPS. The firm's revenue for the quarter was up 38.3% on a year-over-year basis.

Insiders Place Their Bets

In other Carvana news, insider Daniel J. Gill sold 65,000 shares of the stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $305.00, for a total transaction of $19,825,000.00. Following the completion of the transaction, the insider now directly owns 201,087 shares in the company, valued at $61,331,535. This represents a 24.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Benjamin E. Huston sold 50,000 shares of Carvana stock in a transaction on Friday, March 14th. The shares were sold at an average price of $178.49, for a total value of $8,924,500.00. Following the transaction, the chief operating officer now directly owns 196,278 shares of the company's stock, valued at approximately $35,033,660.22. The trade was a 20.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 620,313 shares of company stock worth $154,623,772 over the last quarter. Company insiders own 17.12% of the company's stock.

Hedge Funds Weigh In On Carvana

Several institutional investors have recently added to or reduced their stakes in CVNA. Price T Rowe Associates Inc. MD increased its holdings in shares of Carvana by 13.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 14,950,011 shares of the company's stock worth $3,125,749,000 after buying an additional 1,823,218 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Carvana by 9.7% in the 1st quarter. Vanguard Group Inc. now owns 12,534,843 shares of the company's stock worth $2,620,785,000 after acquiring an additional 1,109,476 shares in the last quarter. Lingotto Investment Management LLP grew its position in Carvana by 1.5% during the 4th quarter. Lingotto Investment Management LLP now owns 3,987,150 shares of the company's stock worth $810,827,000 after acquiring an additional 57,215 shares during the last quarter. Durable Capital Partners LP increased its holdings in Carvana by 6.3% during the 4th quarter. Durable Capital Partners LP now owns 2,168,232 shares of the company's stock valued at $440,932,000 after purchasing an additional 129,246 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in Carvana by 4.2% in the 4th quarter. Geode Capital Management LLC now owns 1,878,796 shares of the company's stock valued at $381,592,000 after purchasing an additional 75,250 shares during the last quarter. 56.71% of the stock is owned by institutional investors.

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.