FY2027 EPS Estimates for Carvana Increased by Zacks Research

Carvana Co. (NYSE:CVNA) – Equities research analysts at Zacks Research increased their FY2027 earnings estimates for Carvana in a research report issued on Thursday, May 28th. Zacks Research analyst Team now anticipates that the company will post earnings of $2.10 per share for the year, up from their prior forecast of $2.03. 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 $0.41 EPS and FY2028 earnings at $3.15 EPS.

CVNA has been the topic of a number of other research reports. Stephens boosted their price target on shares of Carvana from $86.00 to $97.00 in a report on Thursday, April 30th. BTIG Research restated a “buy” rating and set a $97.00 price target (down from $485.00) on shares of Carvana in a report on Sunday, May 10th. UBS Group reaffirmed a “buy” rating and set a $104.00 price objective (up from $97.00) on shares of Carvana in a research report on Thursday, April 30th. Jefferies Financial Group lowered their price objective on shares of Carvana from $97.00 to $95.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Finally, Barclays set a $93.00 price objective on shares of Carvana and gave the company an “overweight” rating in a research report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $93.14.

Carvana Stock Up 0.2%

CVNA stock opened at $73.14 on Monday. Carvana has a 52-week low of $54.46 and a 52-week high of $97.38. The company’s 50 day simple moving average is $69.70 and its 200-day simple moving average is $75.02. 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 firm has a market capitalization of $80.23 billion, a P/E ratio of 44.49, a P/E/G ratio of 12.32 and a beta of 3.45.

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

Institutional Trading of Carvana

Several large investors have recently added to or reduced their stakes in the business. Alpha Capital Advisors Inc. ADV grew its position in Carvana by 40.0% in the first quarter. Alpha Capital Advisors Inc. ADV now owns 700 shares of the company’s stock worth $220,000 after acquiring an additional 200 shares in the last quarter. Glenmede Trust Co. NA grew its position in Carvana by 146.5% in the first quarter. Glenmede Trust Co. NA now owns 1,743 shares of the company’s stock worth $548,000 after acquiring an additional 1,036 shares in the last quarter. Groupama Asset Managment bought a new stake in Carvana in the first quarter worth approximately $249,000. Anson Funds Management LP grew its position in Carvana by 1,500.0% in the first quarter. Anson Funds Management LP now owns 16,000 shares of the company’s stock worth $5,030,000 after acquiring an additional 15,000 shares in the last quarter. Finally, Arkadios Wealth Advisors grew its position in Carvana by 14.9% in the first quarter. Arkadios Wealth Advisors now owns 2,054 shares of the company’s stock worth $646,000 after acquiring an additional 267 shares in the last quarter. 56.71% of the stock is owned by institutional investors.

Insider Activity

In related news, insider Thomas Taira sold 18,850 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $68.20, for a total transaction of $1,285,570.00. Following the transaction, the insider directly owned 292,820 shares of the company’s stock, valued at approximately $19,970,324. The trade was a 6.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Mark W. Jenkins sold 63,750 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $77.44, for a total transaction of $4,936,672.50. Following the transaction, the chief financial officer directly owned 1,050,635 shares in the company, valued at $81,359,073.13. The trade was a 5.72% decrease in their ownership of the stock. 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 sold a total of 281,205 shares of company stock valued at $19,495,895 in the last three months. 15.19% of the stock is currently owned by insiders.

Trending Headlines about Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Zacks Research raised its earnings estimates for Carvana’s Q2 2027 and Q1 2028 results, signaling improved expectations for future profitability. Zacks Research earnings estimate updates
• Positive Sentiment: Lower crude oil and diesel prices could reduce Carvana’s logistics costs, potentially supporting margins because the company relies on long-distance vehicle transport. Iran US Peace Progress And What Lower Fuel Costs Mean For Carvana
• Neutral Sentiment: One article noted that Carvana and Revolve stocks traded up, but it did not provide a clear company-specific catalyst for the move. Carvana and Revolve Stocks Trade Up, What You Need To Know
• Negative Sentiment: Zacks Research trimmed some near-term and FY2027 earnings forecasts, indicating analysts still see pressure in parts of Carvana’s earnings trajectory. Zacks Research estimate cuts
• Negative Sentiment: Short interest in Carvana surged sharply in May, suggesting more bearish sentiment and the potential for continued trading volatility. Carvana short interest update
• Negative Sentiment: Fresh articles focused on Carvana being down since its last earnings report, reinforcing that investors are still questioning the stock’s post-earnings momentum. Why Is Carvana (CVNA) Down 7.2% Since Last Earnings Report?

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.