Research Analysts Offer Predictions for Carvana Q1 Earnings

Carvana Co. (NYSE:CVNA) – Equities research analysts at Zacks Research cut their Q1 2027 EPS estimates for shares of Carvana in a note issued to investors on Thursday, July 16th. Zacks Research analyst Team now forecasts that the company will earn $0.47 per share for the quarter, down from their previous estimate of $0.50. Zacks Research has a “Hold” rating on the stock. 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 $0.38 EPS, FY2027 earnings at $1.99 EPS, Q1 2028 earnings at $0.77 EPS, Q2 2028 earnings at $0.74 EPS and FY2028 earnings at $3.25 EPS.

Carvana (NYSE:CVNA) last announced its earnings results on Wednesday, April 29th. The company reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $1.37. The firm 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%.

Several other analysts have also commented on CVNA. Citigroup restated an “outperform” rating on shares of Carvana in a report on Friday, May 1st. Argus decreased their target price on Carvana from $500.00 to $100.00 in a research report on Monday, May 11th. Gordon Haskett raised their target price on Carvana from $67.00 to $85.00 and gave the company a “hold” rating in a research note on Thursday, April 30th. Needham & Company LLC restated a “buy” rating and issued a $120.00 target price on shares of Carvana in a research note on Friday, June 5th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $92.00 price target on shares of Carvana in a research report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $92.92.

Carvana Price Performance

Shares of NYSE CVNA opened at $64.06 on Monday. Carvana has a 1 year low of $54.46 and a 1 year high of $97.38. The stock has a market capitalization of $70.26 billion, a P/E ratio of 38.96, a P/E/G ratio of 11.34 and a beta of 3.46. The company’s 50-day moving average is $67.61 and its 200 day moving average is $72.13. The company has a debt-to-equity ratio of 1.05, a current ratio of 4.09 and a quick ratio of 2.57.

Insider Buying and Selling at Carvana

In other Carvana news, Director J Danforth Quayle sold 14,525 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $70.00, for a total value of $1,016,750.00. Following the sale, the director owned 214,960 shares in the company, valued at approximately $15,047,200. This represents a 6.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Mark W. Jenkins sold 63,750 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $68.34, for a total transaction of $4,356,675.00. Following the transaction, the chief financial officer directly owned 1,029,580 shares of the company’s stock, valued at $70,361,497.20. This represents a 5.83% decrease in their position. 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 have sold a total of 396,962 shares of company stock valued at $28,525,088 over the last three months. 15.19% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ascentis Independent Advisors bought a new stake in Carvana in the first quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Carvana during the fourth quarter valued at $29,000. Farmers & Merchants Investments Inc. purchased a new position in shares of Carvana in the 4th quarter worth about $29,000. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Carvana by 152.6% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 96 shares of the company’s stock worth $30,000 after purchasing an additional 58 shares during the last quarter. Finally, Motiv8 Investments LLC bought a new position in Carvana in the 4th quarter worth about $33,000. Institutional investors own 56.71% of the company’s stock.

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.