William Blair Weighs in on Carvana's Q2 Earnings (NYSE:CVNA)

Carvana Co. (NYSE:CVNA - Free Report) - Equities researchers at William Blair increased their Q2 2025 earnings per share (EPS) estimates for shares of Carvana in a note issued to investors on Thursday, May 8th. William Blair analyst S. Zackfia now forecasts that the company will post earnings of $1.21 per share for the quarter, up from their previous estimate of $1.11. William Blair currently 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 $1.30 EPS and Q4 2025 earnings at $1.10 EPS.

Several other research firms also recently weighed in on CVNA. Wedbush raised Carvana to a "hold" rating in a research report on Thursday. Bank of America raised their price target on Carvana from $290.00 to $295.00 and gave the stock a "buy" rating in a research report on Thursday. DA Davidson raised their price target on Carvana from $220.00 to $260.00 and gave the stock a "neutral" rating in a research report on Thursday, February 20th. Citigroup raised their price target on Carvana from $280.00 to $325.00 and gave the stock a "buy" rating in a research report on Thursday. Finally, JMP Securities dropped their price target on Carvana from $340.00 to $275.00 and set a "market outperform" rating for the company in a research report on Wednesday, April 9th. Six investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $268.59.

Carvana Stock Performance

Shares of CVNA stock traded up $11.32 during trading hours on Friday, reaching $279.44. 4,087,114 shares of the company's stock were exchanged, compared to its average volume of 3,919,130. Carvana has a 1 year low of $97.55 and a 1 year high of $293.62. The company has a market cap of $59.57 billion, a P/E ratio of 177.99 and a beta of 3.61. The company's 50 day moving average is $211.21 and its two-hundred day moving average is $227.94. The company has a debt-to-equity ratio of 3.82, a current ratio of 3.64 and a quick ratio of 2.12.

Carvana (NYSE:CVNA - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $1.51 earnings per share (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 firm had revenue of $4.23 billion during the quarter, compared to analysts' expectations of $3.94 billion. During the same period in the prior year, the firm earned $0.23 EPS. The business's revenue was up 38.3% on a year-over-year basis.

Hedge Funds Weigh In On Carvana

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC raised its stake in shares of Carvana by 28.9% during the fourth quarter. GAMMA Investing LLC now owns 784 shares of the company's stock valued at $159,000 after acquiring an additional 176 shares during the last quarter. Nordea Investment Management AB bought a new position in shares of Carvana during the fourth quarter valued at $1,743,000. Diversified Trust Co raised its stake in Carvana by 123.4% during the fourth quarter. Diversified Trust Co now owns 4,848 shares of the company's stock worth $986,000 after buying an additional 2,678 shares during the last quarter. ORG Wealth Partners LLC bought a new position in Carvana during the fourth quarter worth $34,000. Finally, Oak Thistle LLC raised its stake in Carvana by 115.9% during the fourth quarter. Oak Thistle LLC now owns 3,238 shares of the company's stock worth $658,000 after buying an additional 1,738 shares during the last quarter. Institutional investors own 56.71% of the company's stock.

Insider Transactions at Carvana

In other Carvana news, CFO Mark W. Jenkins sold 28,422 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $288.85, for a total transaction of $8,209,694.70. Following the sale, the chief financial officer now directly owns 219,962 shares in the company, valued at $63,536,023.70. This represents a 11.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Benjamin E. Huston sold 50,000 shares of the business's stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of $150.90, for a total transaction of $7,545,000.00. Following the transaction, the chief operating officer now owns 123,803 shares of the company's stock, valued at approximately $18,681,872.70. This represents a 28.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 441,353 shares of company stock worth $99,768,424. 17.12% of the stock is owned by company 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.