FY2026 Earnings Estimate for Carvana Issued By William Blair

Carvana Co. (NYSE:CVNA) – Stock analysts at William Blair boosted their FY2026 earnings per share (EPS) estimates for Carvana in a research note issued to investors on Tuesday, October 21st. William Blair analyst S. Zackfia now anticipates that the company will post earnings per share of $8.12 for the year, up from their prior estimate of $7.51. William Blair has a “Outperform” rating on the stock. The consensus estimate for Carvana’s current full-year earnings is $2.85 per share.

Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. lifted their price target on Carvana from $425.00 to $490.00 and gave the company an “overweight” rating in a research report on Tuesday. Wall Street Zen cut Carvana from a “buy” rating to a “hold” rating in a research report on Sunday, October 19th. Oppenheimer upgraded Carvana from a “market perform” rating to an “outperform” rating and set a $450.00 price target for the company in a research report on Friday, July 25th. DA Davidson lifted their price target on Carvana from $260.00 to $380.00 and gave the company a “neutral” rating in a research report on Thursday, July 31st. Finally, Evercore ISI lifted their price objective on Carvana from $365.00 to $370.00 and gave the company an “in-line” rating in a research note on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $419.94.

Carvana Stock Performance

NYSE:CVNA opened at $351.33 on Friday. The company has a market capitalization of $75.61 billion, a P/E ratio of 88.05, a P/E/G ratio of 1.09 and a beta of 3.55. Carvana has a 1 year low of $148.25 and a 1 year high of $413.33. The company has a debt-to-equity ratio of 2.51, a current ratio of 4.00 and a quick ratio of 2.58. The business has a fifty day simple moving average of $363.68 and a two-hundred day simple moving average of $324.79.

Carvana (NYSE:CVNA) last released its earnings results on Wednesday, July 30th. The company reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.19. Carvana had a return on equity of 40.57% and a net margin of 3.46%.The business had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.54 billion. During the same period last year, the business posted ($0.05) earnings per share. The business’s revenue for the quarter was up 41.9% on a year-over-year basis.

Insider Activity at Carvana

In related news, major shareholder Ernest C. Garcia II sold 100,000 shares of the business’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $371.30, for a total transaction of $37,130,000.00. Following the transaction, the insider owned 35,142,792 shares in the company, valued at $13,048,518,669.60. The trade was a 0.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Ernest C. Garcia II sold 93,376 shares of the business’s stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $394.16, for a total value of $36,805,084.16. Following the transaction, the insider owned 6,624 shares in the company, valued at approximately $2,610,915.84. This represents a 93.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,498,292 shares of company stock worth $547,914,707 in the last 90 days. Company insiders own 17.12% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD increased its holdings in Carvana by 13.9% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 14,950,011 shares of the company’s stock valued at $3,125,749,000 after purchasing an additional 1,823,218 shares during the period. Vanguard Group Inc. increased its holdings in Carvana by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 12,764,230 shares of the company’s stock valued at $4,301,035,000 after purchasing an additional 229,387 shares during the period. State Street Corp increased its holdings in Carvana by 15.0% during the 2nd quarter. State Street Corp now owns 2,765,046 shares of the company’s stock valued at $931,710,000 after purchasing an additional 361,624 shares during the period. Geode Capital Management LLC increased its holdings in Carvana by 11.0% during the 2nd quarter. Geode Capital Management LLC now owns 2,232,179 shares of the company’s stock valued at $750,301,000 after purchasing an additional 221,161 shares during the period. Finally, Sands Capital Management LLC increased its holdings in Carvana by 1,374.3% during the 2nd quarter. Sands Capital Management LLC now owns 901,227 shares of the company’s stock valued at $303,677,000 after purchasing an additional 840,096 shares during the period. Hedge funds and other institutional investors own 56.71% 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.