What is Zacks Research’s Estimate for Carvana Q1 Earnings?

Carvana Co. (NYSE:CVNA) – Research analysts at Zacks Research decreased their Q1 2027 earnings per share (EPS) estimates for Carvana in a report issued on Thursday, July 16th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.47 per share for the quarter, down from their prior estimate of $0.50. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Carvana’s current full-year earnings is $1.58 per share. Zacks Research also issued estimates for Carvana’s Q4 2027 earnings at $0.38 EPS, FY2027 earnings at $1.99 EPS, Q1 2028 earnings at $0.77 EPS, Q2 2028 earnings at $0.74 EPS and FY2028 earnings at $3.25 EPS.

Carvana (NYSE:CVNA) last released its quarterly earnings data on Wednesday, April 29th. The company reported $1.69 EPS for the quarter, topping the consensus estimate of $0.32 by $1.37. The business had revenue of $6.43 billion for the quarter, compared to analyst estimates of $6.12 billion. Carvana had a return on equity of 41.46% and a net margin of 6.40%.

Other analysts also recently issued reports about the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Carvana in a report on Thursday, June 18th. BNP Paribas Exane upped their price objective on shares of Carvana from $77.60 to $85.80 in a research report on Thursday, April 30th. Morgan Stanley increased their target price on shares of Carvana from $90.00 to $102.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Wells Fargo & Company raised their target price on Carvana from $85.00 to $95.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Finally, Evercore lifted their price target on Carvana from $78.00 to $80.00 in a research note on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Carvana currently has an average rating of “Moderate Buy” and a consensus target price of $92.92.

Carvana Price Performance

NYSE:CVNA opened at $67.50 on Monday. The company has a debt-to-equity ratio of 1.05, a current ratio of 4.09 and a quick ratio of 2.57. The company has a 50 day moving average price of $67.86 and a 200-day moving average price of $72.29. Carvana has a 1-year low of $54.46 and a 1-year high of $97.38. The firm has a market cap of $74.04 billion, a price-to-earnings ratio of 41.06, a price-to-earnings-growth ratio of 11.34 and a beta of 3.46.

Insider Buying and Selling

In other news, COO Benjamin E. Huston sold 50,000 shares of Carvana stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $68.55, for a total value of $3,427,500.00. Following the sale, the chief operating officer owned 458,755 shares in the company, valued at $31,447,655.25. This trade represents a 9.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Stephen R. Palmer sold 5,000 shares of Carvana stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $68.53, for a total transaction of $342,650.00. Following the completion of the sale, the vice president owned 144,934 shares in the company, valued at approximately $9,932,327.02. This trade represents a 3.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 396,962 shares of company stock worth $28,525,088 in the last 90 days. 15.19% of the stock is owned by insiders.

Institutional Investors Weigh In On Carvana

Several institutional investors have recently bought and sold shares of the company. Trust Asset Management LLC increased its stake in Carvana by 400.0% during the 2nd quarter. Trust Asset Management LLC now owns 7,785 shares of the company’s stock worth $512,000 after buying an additional 6,228 shares in the last quarter. Annex Advisory Services LLC lifted its position in shares of Carvana by 405.8% in the second quarter. Annex Advisory Services LLC now owns 10,643 shares of the company’s stock valued at $701,000 after acquiring an additional 8,539 shares in the last quarter. Tema ETFs LLC lifted its position in shares of Carvana by 451.0% in the second quarter. Tema ETFs LLC now owns 13,919 shares of the company’s stock valued at $916,000 after acquiring an additional 11,393 shares in the last quarter. E. Ohman J or Asset Management AB boosted its stake in shares of Carvana by 400.0% in the second quarter. E. Ohman J or Asset Management AB now owns 21,000 shares of the company’s stock worth $1,382,000 after acquiring an additional 16,800 shares during the last quarter. Finally, Handelsbanken Fonder AB boosted its stake in shares of Carvana by 277.0% in the second quarter. Handelsbanken Fonder AB now owns 345,837 shares of the company’s stock worth $22,763,000 after acquiring an additional 254,114 shares during the last quarter. 56.71% of the stock is currently owned by institutional investors and hedge funds.

Carvana Company Profile

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.