Gordon Haskett Issues Pessimistic Forecast for Carvana (NYSE:CVNA) Stock Price

Carvana (NYSE:CVNA) had its price target reduced by equities researchers at Gordon Haskett from $445.00 to $435.00 in a report issued on Monday,MarketScreener reports. The brokerage presently has a “hold” rating on the stock. Gordon Haskett’s target price would indicate a potential downside of 1.47% from the company’s previous close.

CVNA has been the subject of several other research reports. Wall Street Zen downgraded shares of Carvana from a “buy” rating to a “hold” rating in a research note on Sunday, October 19th. Stephens reaffirmed an “overweight” rating and set a $440.00 price objective on shares of Carvana in a report on Tuesday, September 23rd. Citigroup lifted their price objective on shares of Carvana from $445.00 to $550.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $460.00 price target on shares of Carvana in a report on Thursday, October 30th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $500.00 price target on shares of Carvana in a research report on Monday, November 17th. Nineteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Carvana presently has an average rating of “Moderate Buy” and an average price target of $451.14.

Carvana Stock Up 2.7%

NYSE:CVNA opened at $441.48 on Monday. The firm has a market capitalization of $96.04 billion, a P/E ratio of 100.79, a P/E/G ratio of 1.02 and a beta of 3.54. Carvana has a 12-month low of $148.25 and a 12-month high of $485.33. The company has a quick ratio of 2.55, a current ratio of 4.05 and a debt-to-equity ratio of 1.63. The stock’s fifty day simple moving average is $383.75 and its 200-day simple moving average is $365.03.

Carvana (NYSE:CVNA) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $1.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.29 by ($0.26). The company had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.04 billion. Carvana had a return on equity of 30.62% and a net margin of 3.44%.The firm’s revenue was up 54.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.64 EPS. Equities research analysts expect that Carvana will post 2.85 earnings per share for the current year.

Insider Activity

In other Carvana news, CFO Mark W. Jenkins sold 12,750 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $403.02, for a total value of $5,138,505.00. Following the completion of the sale, the chief financial officer owned 204,036 shares in the company, valued at $82,230,588.72. This represents a 5.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Paul W. Breaux sold 1,527 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $475.00, for a total value of $725,325.00. Following the completion of the transaction, the insider directly owned 69,289 shares in the company, valued at approximately $32,912,275. This represents a 2.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 469,332 shares of company stock worth $192,588,278. Company insiders own 16.36% of the company’s stock.

Hedge Funds Weigh In On Carvana

Hedge funds have recently bought and sold shares of the business. Park Avenue Securities LLC boosted its stake in shares of Carvana by 5.0% during the fourth quarter. Park Avenue Securities LLC now owns 6,376 shares of the company’s stock valued at $2,691,000 after purchasing an additional 306 shares in the last quarter. GAMMA Investing LLC boosted its position in Carvana by 34.6% in the fourth quarter. GAMMA Investing LLC now owns 1,421 shares of the company’s stock valued at $600,000 after buying an additional 365 shares during the last quarter. Sherman Porfolios LLC purchased a new stake in shares of Carvana in the 3rd quarter valued at $225,000. Keel Point LLC grew its position in Carvana by 11.8% during the 3rd quarter. Keel Point LLC now owns 860 shares of the company’s stock worth $324,000 after purchasing an additional 91 shares during the period. Finally, Hudson Bay Capital Management LP grew its holdings in Carvana by 201.5% during the third quarter. Hudson Bay Capital Management LP now owns 49,688 shares of the company’s stock worth $18,744,000 after acquiring an additional 33,210 shares during the period. Institutional investors own 56.71% of the company’s stock.

Key Stories Impacting Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Jefferies reiterated a Buy and kept a $550 price target after reporting “strong early December” retail trends, boosting expectations for better-than-feared forward guidance and helping lift sentiment. Carvana estimates raised by analysts on strong early December sales figures
• Positive Sentiment: Several analysts have raised targets or reiterated bullish views recently (examples: Wedbush lift to $500, Argus/others with buy calls), which supports a re-rating versus last year’s lows and underpins the rally. MarketBeat Carvana coverage
• Neutral Sentiment: Zacks noted Carvana outperformed the broader market in the most recent session, reflecting the momentum but not adding new fundamental detail; useful confirmation of the intraday strength. Carvana (CVNA) Beats Stock Market Upswing
• Neutral Sentiment: Options market flow shows some moderate bearish positioning even as shares rise, signaling that some traders are hedging or expecting near-term volatility around upcoming earnings. Option traders moderately bearish in Carvana
• Negative Sentiment: Multiple insider sales (CFO Mark Jenkins sold ~12,750 shares; COO Benjamin Huston sold 10,000 shares; VP Stephen Palmer sold 1,000 shares) were disclosed early January — investors often view clustered executive sales as a negative signal and these filings are being highlighted in the market. COO sale SEC filing CFO sale SEC filing VP sale report
• Negative Sentiment: Coverage note and commentary revisited Carvana’s valuation in light of those insider sales and “earnings jitters,” raising the possibility investors will demand clearer guidance before pushing the valuation higher. Carvana valuation revisited after insider sales
• Negative Sentiment: Gordon Haskett trimmed its price target slightly (from $445 to $435) and kept a Hold, a modest signal of caution amid mixed analyst views. Gordon Haskett adjusts price target

About Carvana

Carvana Co is an online-only retailer of used vehicles that operates a consumer-facing e-commerce platform for buying and selling cars. The company markets and sells inspected, reconditioned pre-owned vehicles through its website, where shoppers can browse inventory, view detailed 360-degree photos and vehicle history reports, finance purchases, and arrange delivery or pickup. Carvana’s model is built around a digital end-to-end car buying experience that aims to simplify vehicle transactions compared with traditional dealerships.

Its products and services include direct retail sales of used cars, trade-in and purchase offers for consumer vehicles, vehicle financing and related protection products, and a seven-day return policy that allows customers to test a vehicle in everyday use.