FY2025 Earnings Forecast for Carvana Issued By William Blair

Carvana Co. (NYSE:CVNA) – Investment analysts at William Blair lifted their FY2025 earnings per share estimates for shares of Carvana in a research report issued on Thursday, May 8th. William Blair analyst S. Zackfia now expects that the company will earn $5.28 per share for the year, up from their previous estimate of $4.10. 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 FY2026 earnings at $7.15 EPS.

Carvana (NYSE:CVNA) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.76. Carvana had a return on equity of 36.59% and a net margin of 1.54%. The company had revenue of $4.23 billion for the quarter, compared to analyst estimates of $3.94 billion. During the same quarter last year, the company earned $0.23 EPS. Carvana’s revenue for the quarter was up 38.3% compared to the same quarter last year.

A number of other research analysts also recently issued reports on the company. Wedbush upgraded Carvana to a “hold” rating in a research note on Thursday, May 8th. JPMorgan Chase & Co. dropped their price target on Carvana from $365.00 to $325.00 and set an “overweight” rating on the stock in a research note on Thursday, March 27th. JMP Securities dropped their price target on Carvana from $340.00 to $275.00 and set a “market outperform” rating on the stock in a research note on Wednesday, April 9th. Wells Fargo & Company lifted their target price on Carvana from $290.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, May 8th. Finally, Evercore ISI decreased their price target on Carvana from $250.00 to $240.00 and set an “in-line” rating on the stock in a research note on Tuesday, March 11th. Six investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $268.59.

Carvana Price Performance

Shares of NYSE CVNA opened at $279.44 on Monday. The company has a debt-to-equity ratio of 3.82, a quick ratio of 2.12 and a current ratio of 3.64. Carvana has a fifty-two week low of $97.55 and a fifty-two week high of $293.62. The firm has a market capitalization of $59.57 billion, a PE ratio of 177.99 and a beta of 3.61. The stock’s 50-day simple moving average is $211.21 and its 200-day simple moving average is $227.94.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Yousif Capital Management LLC raised its stake in Carvana by 4.1% during the first quarter. Yousif Capital Management LLC now owns 1,266 shares of the company’s stock valued at $265,000 after buying an additional 50 shares in the last quarter. Fidelis Capital Partners LLC raised its position in shares of Carvana by 3.4% during the 4th quarter. Fidelis Capital Partners LLC now owns 1,541 shares of the company’s stock worth $313,000 after purchasing an additional 51 shares during the period. Bleakley Financial Group LLC grew its holdings in Carvana by 2.8% in the 4th quarter. Bleakley Financial Group LLC now owns 2,373 shares of the company’s stock worth $483,000 after buying an additional 65 shares in the last quarter. Commerce Bank grew its holdings in Carvana by 1.6% in the 1st quarter. Commerce Bank now owns 4,446 shares of the company’s stock worth $930,000 after buying an additional 69 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in Carvana by 3.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,227 shares of the company’s stock worth $466,000 after buying an additional 72 shares in the last quarter. Institutional investors and hedge funds own 56.71% of the company’s stock.

Insider Activity

In other news, Director Michael E. Maroone sold 9,000 shares of the company’s stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $273.44, for a total value of $2,460,960.00. Following the completion of the sale, the director now owns 143,504 shares of the company’s stock, valued at $39,239,733.76. This represents a 5.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Thomas Taira sold 5,000 shares of the business’s stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $260.00, for a total value of $1,300,000.00. Following the completion of the transaction, the insider now owns 171,509 shares in the company, valued at approximately $44,592,340. This trade represents a 2.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 441,353 shares of company stock valued at $99,768,424 over the last quarter. Company insiders own 17.12% of the company’s stock.

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.