Equities Analysts Set Expectations for Carvana Q2 Earnings

Carvana Co. (NYSE:CVNA) – Stock analysts at William Blair increased their Q2 2025 EPS estimates for Carvana in a note issued to investors on Thursday, May 8th. William Blair analyst S. Zackfia now forecasts that the company will post earnings per share of $1.21 for the quarter, up from their previous estimate of $1.11. William Blair has a “Outperform” rating on the stock. The consensus estimate for Carvana’s current full-year earnings is $2.85 per share. William Blair also issued estimates for Carvana’s Q3 2025 earnings at $1.30 EPS and Q4 2025 earnings at $1.10 EPS.

CVNA has been the topic of a number of other reports. Evercore ISI lowered their price target on shares of Carvana from $250.00 to $240.00 and set an “in-line” rating on the stock in a research report on Tuesday, March 11th. Stephens reiterated an “overweight” rating and set a $300.00 price target on shares of Carvana in a research report on Monday, March 3rd. Piper Sandler lifted their target price on Carvana from $225.00 to $230.00 and gave the company an “overweight” rating in a research report on Tuesday, April 22nd. Bank of America boosted their price target on shares of Carvana from $290.00 to $295.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Wells Fargo & Company upped their target price on shares of Carvana from $290.00 to $310.00 and gave the stock an “overweight” rating in a research note on Thursday. Six analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $268.59.

Carvana Stock Performance

Shares of NYSE:CVNA opened at $268.27 on Friday. The business’s 50 day moving average price is $209.94 and its 200-day moving average price is $227.21. The company has a debt-to-equity ratio of 3.82, a current ratio of 3.64 and a quick ratio of 2.12. The firm has a market capitalization of $57.19 billion, a PE ratio of 170.87 and a beta of 3.61. Carvana has a 1 year low of $97.55 and a 1 year high of $293.62.

Carvana (NYSE:CVNA) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.76. The company had revenue of $4.23 billion during the quarter, compared to analysts’ expectations of $3.94 billion. Carvana had a net margin of 1.54% and a return on equity of 36.59%. The firm’s revenue for the quarter was up 38.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.23 earnings per share.

Insider Buying and Selling

In other news, insider Thomas Taira sold 27,593 shares of the firm’s stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $225.03, for a total value of $6,209,252.79. Following the completion of the transaction, the insider now owns 179,673 shares in the company, valued at $40,431,815.19. This trade represents a 13.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Benjamin E. Huston sold 10,000 shares of the firm’s stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $253.56, for a total transaction of $2,535,600.00. Following the transaction, the chief operating officer now owns 139,294 shares of the company’s stock, valued at $35,319,386.64. This trade represents a 6.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 348,560 shares of company stock valued at $73,806,520 over the last quarter. 17.12% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Carvana by 9.7% in the first quarter. Vanguard Group Inc. now owns 12,534,843 shares of the company’s stock valued at $2,620,785,000 after buying an additional 1,109,476 shares during the last quarter. Norges Bank purchased a new stake in shares of Carvana in the fourth quarter worth about $179,364,000. Castle Hook Partners LP purchased a new position in Carvana in the 4th quarter worth approximately $116,020,000. BNP Paribas Financial Markets boosted its stake in shares of Carvana by 89.8% in the fourth quarter. BNP Paribas Financial Markets now owns 1,018,321 shares of the company’s stock valued at $207,086,000 after purchasing an additional 481,912 shares during the period. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Carvana in the 4th quarter valued at about $86,636,000. 56.71% of the stock is currently owned by institutional investors and hedge funds.

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.