Carvana (CVNA) Expected to Announce Earnings on Wednesday

Carvana (NYSE:CVNA) will likely be announcing its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Carvana to post earnings of $0.3823 per share and revenue of $6.8974 billion for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:30 PM ET.

Carvana (NYSE:CVNA) last issued its earnings results on Wednesday, April 29th. The company reported $1.69 earnings per share 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%. On average, analysts expect Carvana to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Carvana Stock Performance

Shares of CVNA opened at $63.99 on Tuesday. The company has a market capitalization of $70.19 billion, a price-to-earnings ratio of 38.93, a price-to-earnings-growth ratio of 13.57 and a beta of 3.46. Carvana has a 52-week low of $54.46 and a 52-week high of $97.38. The company has a quick ratio of 2.57, a current ratio of 4.09 and a debt-to-equity ratio of 1.05. The stock has a 50 day moving average price of $66.95 and a 200 day moving average price of $71.37.

Insider Buying and Selling at Carvana

In related news, CFO Mark W. Jenkins sold 63,750 shares of Carvana stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $68.34, for a total value of $4,356,675.00. Following the transaction, the chief financial officer directly owned 1,029,580 shares in the company, valued at $70,361,497.20. This trade represents a 5.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director J Danforth Quayle sold 14,525 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $70.00, for a total transaction of $1,016,750.00. Following the completion of the transaction, the director directly owned 214,960 shares in the company, valued at $15,047,200. This represents a 6.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 396,962 shares of company stock valued at $28,525,088. Corporate insiders own 15.19% of the company’s stock.

Hedge Funds Weigh In On Carvana

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wealthspire Advisors LLC raised its position in Carvana by 31.4% in the fourth quarter. Wealthspire Advisors LLC now owns 573 shares of the company’s stock worth $242,000 after acquiring an additional 137 shares in the last quarter. L2 Asset Management LLC purchased a new position in shares of Carvana in the 3rd quarter valued at about $232,000. Principal Securities Inc. lifted its stake in shares of Carvana by 14.0% in the fourth quarter. Principal Securities Inc. now owns 547 shares of the company’s stock valued at $231,000 after purchasing an additional 67 shares during the period. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Carvana in the second quarter valued at about $228,000. Finally, VARCOV Co. purchased a new stake in Carvana during the fourth quarter worth about $226,000. Institutional investors and hedge funds own 56.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on CVNA shares. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $92.00 target price on shares of Carvana in a research report on Friday, June 12th. Needham & Company LLC reissued a “buy” rating and issued a $120.00 target price on shares of Carvana in a report on Friday, June 5th. BNP Paribas Exane raised their price target on Carvana from $77.60 to $85.80 in a research note on Thursday, April 30th. Robert W. Baird set a $88.00 price objective on Carvana in a research note on Friday, May 15th. Finally, Barclays reissued an “overweight” rating and issued a $94.00 price objective (up from $93.00) on shares of Carvana in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $92.65.

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.