Zacks Research Has Positive Estimate for Carvana Q1 Earnings

Carvana Co. (NYSE:CVNA) – Stock analysts at Zacks Research increased their Q1 2026 earnings per share estimates for shares of Carvana in a research report issued to clients and investors on Wednesday, November 12th. Zacks Research analyst Team now forecasts that the company will post earnings of $1.89 per share for the quarter, up from their prior estimate of $1.66. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Carvana’s current full-year earnings is $2.85 per share. Zacks Research also issued estimates for Carvana’s Q2 2026 earnings at $1.90 EPS, FY2026 earnings at $7.01 EPS, Q2 2027 earnings at $2.86 EPS and FY2027 earnings at $9.79 EPS.

Several other research analysts have also recently issued reports on the stock. Morgan Stanley set a $450.00 price objective on shares of Carvana in a report on Monday, October 20th. Evercore ISI lowered their price target on Carvana from $425.00 to $395.00 and set an “in-line” rating on the stock in a research report on Thursday, October 30th. Wall Street Zen downgraded Carvana from a “buy” rating to a “hold” rating in a research note on Sunday, October 19th. Barclays started coverage on Carvana in a research note on Tuesday. They set an “overweight” rating and a $390.00 target price for the company. Finally, BTIG Research reiterated a “buy” rating and issued a $450.00 price target on shares of Carvana in a research report on Thursday, October 30th. Fifteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Carvana currently has an average rating of “Moderate Buy” and a consensus target price of $414.16.

Carvana Stock Down 2.8%

Carvana stock opened at $319.04 on Thursday. Carvana has a 52 week low of $148.25 and a 52 week high of $413.33. The stock has a market cap of $69.40 billion, a price-to-earnings ratio of 72.84, a PEG ratio of 1.19 and a beta of 3.50. The company’s 50-day moving average price is $352.99 and its two-hundred day moving average price is $336.44. The company has a current ratio of 4.05, a quick ratio of 2.55 and a debt-to-equity ratio of 1.63.

Carvana (NYSE:CVNA) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $1.03 earnings per share for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.26). The company had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.04 billion. Carvana had a net margin of 3.44% and a return on equity of 30.62%. Carvana’s revenue for the quarter was up 54.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.64 earnings per share.

Insider Activity at Carvana

In related news, insider Ryan S. Keeton sold 10,000 shares of Carvana stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $325.03, for a total value of $3,250,300.00. Following the transaction, the insider owned 104,958 shares of the company’s stock, valued at approximately $34,114,498.74. This trade represents a 8.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Stephen R. Palmer sold 1,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $305.00, for a total value of $305,000.00. Following the sale, the vice president owned 41,868 shares in the company, valued at approximately $12,769,740. The trade was a 2.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 426,452 shares of company stock valued at $154,720,683 over the last ninety days. Company insiders own 17.12% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CVNA. Los Angeles Capital Management LLC raised its holdings in shares of Carvana by 1,950.7% during the second quarter. Los Angeles Capital Management LLC now owns 111,190 shares of the company’s stock worth $37,467,000 after acquiring an additional 105,768 shares during the period. Berkshire Capital Holdings Inc. increased its holdings in Carvana by 632,200.0% during the 1st quarter. Berkshire Capital Holdings Inc. now owns 63,230 shares of the company’s stock worth $13,220,000 after purchasing an additional 63,220 shares in the last quarter. Stratos Wealth Partners LTD. bought a new stake in shares of Carvana in the first quarter valued at about $359,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Carvana by 6.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 490,874 shares of the company’s stock valued at $102,632,000 after purchasing an additional 27,912 shares in the last quarter. Finally, Private Advisor Group LLC boosted its position in shares of Carvana by 3.7% during the first quarter. Private Advisor Group LLC now owns 23,838 shares of the company’s stock worth $4,984,000 after buying an additional 860 shares during the period. 56.71% of the stock is owned by hedge funds and other institutional investors.

About Carvana

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.