William Blair Comments on Carvana’s Q2 Earnings (NYSE:CVNA)

Carvana Co. (NYSE:CVNA) – Research analysts at William Blair issued their Q2 2025 EPS estimates for Carvana in a report issued on Monday, January 6th. William Blair analyst S. Zackfia forecasts that the company will post earnings of $0.74 per share for the quarter. The consensus estimate for Carvana’s current full-year earnings is $0.76 per share. William Blair also issued estimates for Carvana’s Q3 2025 earnings at $0.66 EPS.

CVNA has been the subject of a number of other research reports. Bank of America upped their price objective on shares of Carvana from $185.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, October 9th. Morgan Stanley upgraded shares of Carvana from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $110.00 to $260.00 in a research report on Tuesday, November 5th. Robert W. Baird lifted their price objective on Carvana from $160.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Wedbush increased their target price on Carvana from $150.00 to $175.00 and gave the company a “neutral” rating in a report on Monday, October 7th. Finally, Royal Bank of Canada raised Carvana from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from $270.00 to $280.00 in a research note on Tuesday. Nine investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $241.94.

Carvana Stock Down 0.7 %

Shares of NYSE CVNA opened at $197.00 on Wednesday. The stock has a market capitalization of $40.90 billion, a P/E ratio of 19,719.72 and a beta of 3.38. Carvana has a one year low of $40.21 and a one year high of $268.34. The firm’s 50 day simple moving average is $234.92 and its two-hundred day simple moving average is $182.79. The company has a debt-to-equity ratio of 18.99, a current ratio of 3.25 and a quick ratio of 2.12.

Carvana (NYSE:CVNA) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.41. The firm had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $3.47 billion. Carvana’s revenue for the quarter was up 31.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 earnings per share.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Eagle Asset Management Inc. purchased a new stake in shares of Carvana during the third quarter valued at approximately $50,531,000. Central Pacific Bank Trust Division bought a new position in Carvana in the 4th quarter valued at approximately $609,000. Driehaus Capital Management LLC boosted its stake in Carvana by 124.9% during the 2nd quarter. Driehaus Capital Management LLC now owns 581,787 shares of the company’s stock valued at $74,888,000 after purchasing an additional 323,153 shares during the last quarter. Swiss National Bank increased its holdings in shares of Carvana by 6.9% in the 3rd quarter. Swiss National Bank now owns 207,900 shares of the company’s stock worth $36,197,000 after purchasing an additional 13,400 shares in the last quarter. Finally, Integrated Advisors Network LLC raised its stake in shares of Carvana by 89.2% in the third quarter. Integrated Advisors Network LLC now owns 53,004 shares of the company’s stock worth $9,229,000 after purchasing an additional 24,996 shares during the last quarter. Hedge funds and other institutional investors own 56.71% of the company’s stock.

Insider Activity at Carvana

In related news, major shareholder Ernest C. Garcia II sold 100,000 shares of the stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $190.47, for a total value of $19,047,000.00. Following the completion of the transaction, the insider now directly owns 38,258,131 shares in the company, valued at $7,287,026,211.57. This trade represents a 0.26 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Benjamin E. Huston sold 3,043 shares of Carvana stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $240.00, for a total transaction of $730,320.00. Following the transaction, the chief operating officer now directly owns 218,686 shares of the company’s stock, valued at approximately $52,484,640. This trade represents a 1.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 951,908 shares of company stock worth $199,569,285 over the last 90 days. 17.12% of the stock is owned by company insiders.

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.