Equities Analysts Offer Predictions for Carvana Q2 Earnings

Carvana Co. (NYSE:CVNA - Free Report) - Stock analysts at William Blair upped their Q2 2025 earnings per share (EPS) estimates for Carvana in a note issued to investors on Wednesday, July 23rd. William Blair analyst S. Zackfia now forecasts that the company will post earnings per share of $1.25 for the quarter, up from their previous forecast of $1.21. William Blair 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 Q3 2025 earnings at $1.34 EPS, Q4 2025 earnings at $1.14 EPS, FY2025 earnings at $5.40 EPS and FY2026 earnings at $7.27 EPS.

Several other equities research analysts have also weighed in on the company. Needham & Company LLC reaffirmed a "buy" rating and issued a $340.00 target price on shares of Carvana in a research report on Thursday, May 8th. Wells Fargo & Company increased their price target on Carvana from $310.00 to $390.00 and gave the stock an "overweight" rating in a research note on Friday, July 18th. Royal Bank Of Canada increased their price target on Carvana from $320.00 to $340.00 and gave the stock an "outperform" rating in a research note on Thursday, May 8th. Citigroup raised their target price on Carvana from $325.00 to $415.00 and gave the company a "buy" rating in a research note on Tuesday, July 8th. Finally, Oppenheimer raised Carvana from a "market perform" rating to an "outperform" rating and set a $450.00 target price for the company in a research note on Friday. Seven analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $318.16.

Carvana Stock Performance

NYSE CVNA traded up $5.58 during trading hours on Thursday, hitting $331.67. The company had a trading volume of 2,065,059 shares, compared to its average volume of 2,795,500. Carvana has a fifty-two week low of $118.50 and a fifty-two week high of $364.00. The company has a quick ratio of 2.70, a current ratio of 3.81 and a debt-to-equity ratio of 2.97. The business has a fifty day simple moving average of $328.40 and a 200-day simple moving average of $262.44. The firm has a market cap of $71.02 billion, a P/E ratio of 116.38, a price-to-earnings-growth ratio of 1.28 and a beta of 3.59.

Carvana (NYSE:CVNA - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.76. Carvana had a return on equity of 44.86% and a net margin of 2.68%. The firm had revenue of $4.23 billion for the quarter, compared to analyst estimates of $3.94 billion. During the same period last year, the company earned $0.23 earnings per share. The firm's revenue for the quarter was up 38.3% on a year-over-year basis.

Hedge Funds Weigh In On Carvana

Several institutional investors have recently bought and sold shares of CVNA. Hilltop National Bank bought a new position in Carvana in the 2nd quarter valued at $25,000. Brooklyn Investment Group raised its position in shares of Carvana by 961.5% during the first quarter. Brooklyn Investment Group now owns 138 shares of the company's stock worth $29,000 after acquiring an additional 125 shares during the last quarter. N.E.W. Advisory Services LLC bought a new stake in shares of Carvana during the first quarter worth $33,000. SJS Investment Consulting Inc. raised its position in shares of Carvana by 960.0% during the second quarter. SJS Investment Consulting Inc. now owns 106 shares of the company's stock worth $36,000 after acquiring an additional 96 shares during the last quarter. Finally, LRI Investments LLC bought a new stake in shares of Carvana during the second quarter worth $42,000. Institutional investors own 56.71% of the company's stock.

Insider Buying and Selling at Carvana

In other Carvana news, insider Daniel J. Gill sold 70,166 shares of Carvana stock in a transaction on Thursday, May 8th. The stock was sold at an average price of $281.43, for a total value of $19,746,817.38. Following the completion of the transaction, the insider owned 201,087 shares in the company, valued at approximately $56,591,914.41. The trade was a 25.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Mark W. Jenkins sold 51,380 shares of Carvana stock in a transaction on Friday, May 30th. The shares were sold at an average price of $326.03, for a total value of $16,751,421.40. Following the completion of the transaction, the chief financial officer owned 162,079 shares of the company's stock, valued at approximately $52,842,616.37. The trade was a 24.07% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,171,515 shares of company stock worth $719,730,548. 17.12% of the stock is currently owned by insiders.

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.