NYSE:CVNA

Carvana (CVNA) Price Target & Analyst Ratings

$15.68

-0.12 (-0.76%)

(As of 06/2/2023 ET)

Compare

Today's Range: $14.53
▼
$16.23
50-Day Range: $6.93
▼
$15.78
52-Week Range: $3.55
▼
$58.05

Volume: 31.17 million shs
Average Volume: 25.88 million shs
Market Capitalization: $2.96 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $31.05

Carvana Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 22 Analyst Ratings

Consensus Analyst Price Target

$31.05
98.04% Upside

High Prediction	$100.00
Average Prediction	$31.05
Low Prediction	$1.00

Type	Current 6/3/22 to 6/3/23	1 Month Ago 5/4/22 to 5/4/23	3 Months Ago 3/5/22 to 3/5/23	1 Year Ago 6/3/21 to 6/3/22
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	11 Buy rating(s)
Hold	18 Hold rating(s)	18 Hold rating(s)	20 Hold rating(s)	11 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$31.05	$36.05	$37.80	$148.64
Predicted Upside	98.04% Upside	82.53% Upside	69.59% Upside	23.87% Upside

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CVNA Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CVNA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Carvana Stock vs. The Competition

Type	Carvana	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.00	2.36	2.49
Consensus Rating	Hold	Hold	Hold
Predicted Upside	98.04% Upside	2,289.51% Upside	209.77% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/15/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight ➝ Equal Weight
5/8/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$10.00 ➝ $11.00	+19.57%
5/5/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$7.00 ➝ $10.00	+11.11%
3/23/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$9.00 ➝ $10.00	+18.62%
3/3/2023	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Outperform	$15.00	+58.39%
2/24/2023	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	Seth Basham Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Underperform

2/21/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$5.00 ➝ $7.00	-33.08%
2/16/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$45.00 ➝ $21.00	+73.27%
12/21/2022	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
12/13/2022	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral
12/9/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$10.00 ➝ $5.00	+0.81%
12/9/2022	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
12/7/2022	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Zackfia Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
11/30/2022	Bank Of America (Bofa) Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral
11/30/2022	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
11/21/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
11/21/2022	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Hold ➝ Sell
11/15/2022	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
11/4/2022	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	$30.00 ➝ $25.00	+146.06%
11/1/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Neutral	$20.00	+47.82%
8/5/2022	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Brad Erickson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sector Perform	$85.00 ➝ $35.00	-20.24%
7/27/2022	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Market Perform
6/28/2022	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Scott Devitt Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold	$48.00 ➝ $34.00	+12.06%
6/13/2022	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	$100.00 ➝ $38.00	+72.65%

(Data available from 6/3/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

CVNA Price Target - Frequently Asked Questions

What is Carvana's consensus rating and price target?: According to the issued ratings of 22 analysts in the last year, the consensus rating for Carvana stock is Hold based on the current 2 sell ratings, 18 hold ratings and 2 buy ratings for CVNA. The average twelve-month price prediction for Carvana is $31.05 with a high price target of $100.00 and a low price target of $1.00. Learn more on CVNA's analyst rating history.
Do Wall Street analysts like Carvana more than its competitors?: Analysts like Carvana less than other Retail/Wholesale companies. The consensus rating score for Carvana is 2.00 while the average consensus rating score for retail/wholesale companies is 2.36. Learn more on how CVNA compares to other companies.
Does Carvana's stock price have much upside?: According to analysts, Carvana's stock has a predicted upside of 73.67% based on their 12-month price targets.

What analysts cover Carvana?: Carvana has been rated by Deutsche Bank Aktiengesellschaft, Evercore ISI, Morgan Stanley, and Robert W. Baird in the past 90 days.

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This page (NYSE:CVNA) was last updated on 6/3/2023 by MarketBeat.com Staff

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