Zacks Research Has Bullish Estimate for Carvana Q4 Earnings

Carvana Co. (NYSE:CVNA - Free Report) - Equities research analysts at Zacks Research raised their Q4 2025 earnings per share (EPS) estimates for shares of Carvana in a note issued to investors on Wednesday, May 21st. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $1.02 for the quarter, up from their previous forecast of $0.89. The consensus estimate for Carvana's current full-year earnings is $2.85 per share.

Carvana (NYSE:CVNA - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $1.51 earnings per share for the quarter, topping 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 firm had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $3.94 billion. During the same period last year, the business posted $0.23 EPS. The business's revenue was up 38.3% compared to the same quarter last year.

A number of other brokerages also recently weighed in on CVNA. Stephens reiterated an "overweight" rating and set a $300.00 price target on shares of Carvana in a report on Monday, March 3rd. Piper Sandler set a $340.00 price target on Carvana and gave the stock an "overweight" rating in a report on Thursday, May 22nd. JPMorgan Chase & Co. reduced their target price on Carvana from $365.00 to $325.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. Morgan Stanley raised their target price on Carvana from $280.00 to $290.00 and gave the company an "overweight" rating in a research note on Thursday, May 15th. Finally, Evercore ISI reduced their target price 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. Six equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, Carvana currently has an average rating of "Moderate Buy" and an average price target of $275.65.

Carvana Trading Up 2.7%

Carvana stock traded up $8.32 during trading hours on Thursday, reaching $312.43. 1,676,174 shares of the company's stock were exchanged, compared to its average volume of 3,949,138. 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 firm's 50 day simple moving average is $235.81 and its 200 day simple moving average is $232.98. Carvana has a twelve month low of $97.55 and a twelve month high of $313.10. The firm has a market capitalization of $66.90 billion, a PE ratio of 198.68 and a beta of 3.61.

Insider Buying and Selling at Carvana

In other Carvana news, CEO Ernest C. Garcia III sold 10,000 shares of Carvana stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $300.24, for a total transaction of $3,002,400.00. Following the transaction, the chief executive officer now owns 820,000 shares of the company's stock, valued at $246,196,800. This trade represents a 1.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ryan S. Keeton sold 13,137 shares of Carvana stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $300.00, for a total transaction of $3,941,100.00. Following the transaction, the insider now directly owns 148,402 shares in the company, valued at approximately $44,520,600. This represents a 8.13% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 620,313 shares of company stock worth $154,623,772. Insiders own 17.12% of the company's stock.

Hedge Funds Weigh In On Carvana

Several hedge funds have recently modified their holdings of the company. Price T Rowe Associates Inc. MD lifted its position in shares of Carvana by 13.9% during the 1st 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. raised 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 purchasing an additional 1,109,476 shares during the period. Lingotto Investment Management LLP raised its holdings in shares of Carvana by 1.5% in the 4th quarter. Lingotto Investment Management LLP now owns 3,987,150 shares of the company's stock worth $810,827,000 after purchasing an additional 57,215 shares during the period. Durable Capital Partners LP raised its holdings in shares of Carvana by 6.3% in the 4th quarter. Durable Capital Partners LP now owns 2,168,232 shares of the company's stock worth $440,932,000 after purchasing an additional 129,246 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Carvana by 4.2% in the 4th quarter. Geode Capital Management LLC now owns 1,878,796 shares of the company's stock worth $381,592,000 after purchasing an additional 75,250 shares during the period. Institutional investors own 56.71% 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.