Q1 2025 EPS Estimates for Carvana Co. Boosted by Analyst (NYSE:CVNA)

Carvana Co. (NYSE:CVNA) – Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for shares of Carvana in a research note issued on Tuesday, September 17th. Zacks Research analyst R. Department now expects that the company will post earnings per share of $0.48 for the quarter, up from their previous forecast of $0.47. The consensus estimate for Carvana’s current full-year earnings is $0.18 per share. Zacks Research also issued estimates for Carvana’s Q2 2025 earnings at $0.47 EPS and Q3 2025 earnings at $0.42 EPS.

A number of other brokerages also recently commented on CVNA. TD Cowen lifted their price objective on shares of Carvana from $110.00 to $148.00 and gave the company a “hold” rating in a research report on Thursday, August 1st. Royal Bank of Canada upgraded Carvana to a “sector perform” rating and lifted their price target for the stock from $166.00 to $170.00 in a report on Monday, August 19th. Wells Fargo & Company upgraded Carvana from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $77.00 to $175.00 in a research note on Thursday, August 1st. BTIG Research lifted their target price on Carvana from $155.00 to $188.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Finally, DA Davidson increased their price target on Carvana from $110.00 to $155.00 and gave the company a “neutral” rating in a research note on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Carvana currently has a consensus rating of “Hold” and an average target price of $153.88.

Carvana Price Performance

NYSE:CVNA opened at $170.72 on Thursday. The stock has a market capitalization of $34.58 billion, a PE ratio of 74.88 and a beta of 3.43. Carvana has a 1-year low of $25.09 and a 1-year high of $171.67. The firm has a fifty day simple moving average of $141.54 and a 200 day simple moving average of $114.04. The company has a current ratio of 3.11, a quick ratio of 2.02 and a debt-to-equity ratio of 47.20.

Carvana (NYSE:CVNA) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.14 earnings per share for the quarter. The company had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.23 billion.

Insider Buying and Selling

In other Carvana news, major shareholder Ernest C. Garcia II sold 100,000 shares of the business’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $155.00, for a total value of $15,500,000.00. Following the completion of the sale, the insider now owns 40,058,131 shares of the company’s stock, valued at approximately $6,209,010,305. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Carvana news, major shareholder Ernest C. Garcia II sold 100,000 shares of Carvana stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $155.00, for a total value of $15,500,000.00. Following the completion of the transaction, the insider now directly owns 40,058,131 shares of the company’s stock, valued at approximately $6,209,010,305. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Daniel J. Gill sold 20,000 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $150.00, for a total value of $3,000,000.00. Following the sale, the insider now owns 359,370 shares of the company’s stock, valued at $53,905,500. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,521,866 shares of company stock valued at $347,083,884. 17.12% of the stock is owned by company insiders.

Hedge Funds Weigh In On Carvana

Several hedge funds have recently bought and sold shares of CVNA. Price T Rowe Associates Inc. MD boosted its position in shares of Carvana by 39.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,459,065 shares of the company’s stock worth $655,727,000 after acquiring an additional 2,112,463 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Carvana by 7.0% in the 4th quarter. Vanguard Group Inc. now owns 10,023,579 shares of the company’s stock valued at $530,648,000 after purchasing an additional 655,603 shares in the last quarter. Sylebra Capital LLC acquired a new stake in shares of Carvana in the 2nd quarter valued at $67,686,000. Senator Investment Group LP bought a new position in shares of Carvana in the 2nd quarter valued at $63,767,000. Finally, Driehaus Capital Management LLC raised its holdings in shares of Carvana by 124.9% during the 2nd quarter. Driehaus Capital Management LLC now owns 581,787 shares of the company’s stock worth $74,888,000 after buying an additional 323,153 shares in the last quarter. 56.71% of the stock is owned by institutional investors.

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.