Carvana (CVNA) Expected to Announce Quarterly Earnings on Wednesday

Carvana (NYSE:CVNA) is anticipated to announce its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to post earnings of $0.3835 per share and revenue of $6.8903 billion for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:30 PM ET.

Carvana (NYSE:CVNA) last released its earnings results on Wednesday, April 29th. The company reported $1.69 EPS for the quarter, beating the consensus estimate of $0.32 by $1.37. The company had revenue of $6.43 billion for the quarter, compared to analyst estimates of $6.12 billion. Carvana had a net margin of 6.40% and a return on equity of 41.46%. On average, analysts expect Carvana to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Carvana Price Performance

Shares of NYSE:CVNA opened at $60.43 on Monday. The stock has a market cap of $66.28 billion, a PE ratio of 36.76, a PEG ratio of 13.57 and a beta of 3.46. The company’s fifty day moving average is $66.99 and its 200 day moving average is $71.53. Carvana has a 52 week low of $54.46 and a 52 week high of $97.38. The company has a quick ratio of 2.57, a current ratio of 4.09 and a debt-to-equity ratio of 1.05.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Gordon Haskett raised their price objective on Carvana from $67.00 to $85.00 and gave the company a “hold” rating in a research note on Thursday, April 30th. UBS Group restated a “buy” rating and set a $104.00 target price (up from $97.00) on shares of Carvana in a report on Thursday, April 30th. Jefferies Financial Group decreased their price target on Carvana from $95.00 to $90.00 and set a “buy” rating on the stock in a research note on Tuesday, July 14th. Barclays reiterated an “overweight” rating and issued a $94.00 price objective (up from $93.00) on shares of Carvana in a research report on Tuesday, July 21st. Finally, BTIG Research reissued a “buy” rating and set a $97.00 price objective on shares of Carvana in a research note on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $92.65.

Insider Activity

In related news, insider Thomas Taira sold 5,597 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $67.15, for a total transaction of $375,838.55. Following the completion of the transaction, the insider owned 315,075 shares in the company, valued at $21,157,286.25. This represents a 1.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Benjamin E. Huston sold 50,000 shares of Carvana stock in a transaction on Friday, May 1st. The shares were sold at an average price of $76.99, for a total transaction of $3,849,600.00. Following the completion of the sale, the chief operating officer owned 529,810 shares in the company, valued at approximately $40,791,131.52. This trade represents a 8.62% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 396,962 shares of company stock valued at $28,525,088. 15.19% of the stock is owned by insiders.

Institutional Investors Weigh In On Carvana

A number of large investors have recently modified their holdings of the stock. Invesco Ltd. raised its stake in Carvana by 36.8% in the fourth quarter. Invesco Ltd. now owns 1,977,138 shares of the company’s stock worth $834,392,000 after buying an additional 532,120 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of Carvana by 1,849.5% during the 4th quarter. Corient Private Wealth LLC now owns 157,893 shares of the company’s stock worth $66,634,000 after acquiring an additional 149,794 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in shares of Carvana by 14.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 4,990 shares of the company’s stock worth $2,106,000 after acquiring an additional 617 shares during the period. Virtue Capital Management LLC raised its position in shares of Carvana by 99.1% in the 4th quarter. Virtue Capital Management LLC now owns 3,635 shares of the company’s stock worth $1,455,000 after acquiring an additional 1,809 shares in the last quarter. Finally, Vident Advisory LLC raised its position in shares of Carvana by 6.4% in the 4th quarter. Vident Advisory LLC now owns 5,982 shares of the company’s stock worth $2,525,000 after acquiring an additional 359 shares in the last quarter. Institutional investors own 56.71% of the company’s stock.

Carvana Company Profile

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.