FY2025 EPS Estimates for Carvana Decreased by William Blair

Carvana Co. (NYSE:CVNA) – Research analysts at William Blair dropped their FY2025 earnings per share (EPS) estimates for shares of Carvana in a report issued on Thursday, October 30th. William Blair analyst S. Zackfia now expects that the company will earn $5.37 per share for the year, down from their previous forecast of $5.80. William Blair currently 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 Q4 2025 earnings at $1.15 EPS and FY2026 earnings at $8.00 EPS.

Carvana (NYSE:CVNA) last posted its earnings results on Wednesday, October 29th. The company reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.29 by ($0.26). Carvana had a net margin of 3.44% and a return on equity of 30.62%. The company had revenue of $5.65 billion for the quarter, compared to analysts’ expectations of $5.04 billion. During the same period in the previous year, the business posted $0.64 earnings per share. The business’s revenue was up 54.5% on a year-over-year basis.

Other equities research analysts also recently issued reports about the company. JMP Securities increased their price target on Carvana from $440.00 to $460.00 and gave the stock a “market outperform” rating in a report on Thursday, July 31st. Jefferies Financial Group reaffirmed a “buy” rating on shares of Carvana in a research note on Thursday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Carvana in a research note on Tuesday, October 14th. Evercore ISI dropped their price objective on Carvana from $425.00 to $395.00 and set an “in-line” rating on the stock in a research note on Thursday. Finally, Wells Fargo & Company increased their price target on Carvana from $390.00 to $425.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Carvana presently has an average rating of “Moderate Buy” and an average target price of $415.50.

Carvana Stock Up 8.7%

Shares of NYSE:CVNA opened at $333.12 on Monday. The company has a market cap of $71.69 billion, a price-to-earnings ratio of 76.05, a PEG ratio of 1.04 and a beta of 3.50. The company has a 50-day moving average price of $362.00 and a 200 day moving average price of $332.73. Carvana has a 12 month low of $148.25 and a 12 month high of $413.33. The company has a current ratio of 4.05, a quick ratio of 2.55 and a debt-to-equity ratio of 1.63.

Hedge Funds Weigh In On Carvana

Institutional investors and hedge funds have recently bought and sold shares of the business. Janney Montgomery Scott LLC acquired a new position in Carvana in the 1st quarter valued at about $204,000. Amalgamated Bank increased its holdings in shares of Carvana by 3.2% during the 1st quarter. Amalgamated Bank now owns 6,337 shares of the company’s stock worth $1,325,000 after buying an additional 195 shares during the last quarter. Teacher Retirement System of Texas raised its position in shares of Carvana by 106.1% during the 1st quarter. Teacher Retirement System of Texas now owns 16,892 shares of the company’s stock valued at $3,532,000 after buying an additional 8,694 shares during the period. Hexagon Capital Partners LLC lifted its holdings in Carvana by 1,791.2% in the first quarter. Hexagon Capital Partners LLC now owns 2,591 shares of the company’s stock valued at $542,000 after acquiring an additional 2,454 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of Carvana by 30.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 45,995 shares of the company’s stock worth $9,617,000 after purchasing an additional 10,753 shares during the last quarter. 56.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, major shareholder Ernest C. Garcia II sold 100,000 shares of the business’s stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $359.63, for a total value of $35,963,000.00. Following the completion of the transaction, the insider directly owned 34,742,792 shares in the company, valued at $12,494,550,286.96. The trade was a 0.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Mark W. Jenkins sold 12,750 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $364.42, for a total transaction of $4,646,355.00. Following the sale, the chief financial officer directly owned 208,581 shares in the company, valued at approximately $76,011,088.02. The trade was a 5.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 804,855 shares of company stock valued at $289,775,284. Insiders own 16.36% 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.