BTIG Research Has Lowered Expectations for Carvana (NYSE:CVNA) Stock Price

Carvana (NYSE:CVNA) had its target price reduced by equities researchers at BTIG Research from $535.00 to $455.00 in a report issued on Thursday, MarketBeat.com reports. The brokerage presently has a “buy” rating on the stock. BTIG Research’s price target would suggest a potential upside of 35.28% from the stock’s current price.

CVNA has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Carvana in a research note on Tuesday, January 13th. Evercore lifted their target price on shares of Carvana from $425.00 to $430.00 in a research note on Tuesday, January 27th. Wedbush increased their price target on shares of Carvana from $400.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, December 19th. Gordon Haskett cut their price target on shares of Carvana from $445.00 to $435.00 and set a “hold” rating on the stock in a report on Monday, January 5th. Finally, DA Davidson set a $360.00 price objective on shares of Carvana in a research note on Thursday, October 30th. Twenty research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $443.55.

Carvana Price Performance

Shares of NYSE:CVNA opened at $336.34 on Thursday. The company has a quick ratio of 2.55, a current ratio of 4.31 and a debt-to-equity ratio of 1.15. The stock has a market cap of $73.17 billion, a PE ratio of 41.83 and a beta of 3.57. The company’s fifty day moving average is $423.03 and its 200 day moving average is $381.59. Carvana has a 52 week low of $148.25 and a 52 week high of $486.89.

Carvana (NYSE:CVNA) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $4.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $3.12. Carvana had a return on equity of 50.96% and a net margin of 6.92%.The firm had revenue of $5.60 billion for the quarter, compared to analysts’ expectations of $5.24 billion. During the same period last year, the firm earned $0.56 earnings per share. The company’s revenue for the quarter was up 58.0% compared to the same quarter last year. Research analysts anticipate that Carvana will post 2.85 earnings per share for the current year.

Insider Transactions at Carvana

In other news, COO Benjamin E. Huston sold 10,000 shares of Carvana stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $411.27, for a total transaction of $4,112,700.00. Following the sale, the chief operating officer owned 98,652 shares of the company’s stock, valued at approximately $40,572,608.04. The trade was a 9.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Stephen R. Palmer sold 1,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $393.04, for a total transaction of $393,040.00. Following the transaction, the vice president owned 37,192 shares in the company, valued at $14,617,943.68. This represents a 2.62% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 420,351 shares of company stock worth $179,589,049. 17.12% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Los Angeles Capital Management LLC boosted its holdings in Carvana by 1,950.7% in 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 in the last quarter. Federated Hermes Inc. boosted its stake in Carvana by 124.9% in the 3rd quarter. Federated Hermes Inc. now owns 265,921 shares of the company’s stock worth $100,316,000 after purchasing an additional 147,683 shares in the last quarter. Hudson Bay Capital Management LP grew its position in Carvana by 158.0% during the 2nd quarter. Hudson Bay Capital Management LP now owns 16,478 shares of the company’s stock valued at $5,552,000 after purchasing an additional 10,090 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in Carvana by 11.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 637,462 shares of the company’s stock valued at $240,476,000 after purchasing an additional 64,424 shares in the last quarter. Finally, Strs Ohio increased its stake in Carvana by 89.9% during the 3rd quarter. Strs Ohio now owns 37,756 shares of the company’s stock valued at $14,243,000 after purchasing an additional 17,878 shares in the last quarter. Institutional investors own 56.71% of the company’s stock.

Key Headlines Impacting Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Q4 results were materially stronger than feared — revenue rose ~58% YoY and EPS crushed estimates, and management highlighted record retail/wholesale volume and a path to EBITDA growth. This beat is the main bullish driver behind buying interest today. Carvana Q4 2025 Earnings Call Highlights
• Positive Sentiment: Wedbush and several other firms continue to rate CVNA favorably (Wedbush kept an outperform/buy stance even after trimming its target), supporting conviction among growth‑oriented analysts despite lower targets. Wedbush Remains a Buy on Carvana Co (CVNA)
• Neutral Sentiment: Analysts and models point to restored profitability but warn earnings are sensitive to gross profit per unit (GPU) swings — that caps upside until margin durability is proven. Carvana: Profitability Restored, But GPU Sensitivity Caps The Upside
• Negative Sentiment: Multiple firms trimmed price targets and one major shop (DA Davidson) cut to $320 and flagged a neutral view, which triggered early‑session selling and widened intraday swings. Analyst downgrades/target cuts are pressuring sentiment. Carvana Shares Gap Down After Analyst Downgrade
• Negative Sentiment: Investors pressed management on accounting and disclosure during the call; the CFO’s defense and subsequent media scrutiny (and reports of an investigator outreach) have raised governance concerns that could weigh on the stock until clarity is provided. Carvana fails to impress investors; CFO defends accounting practices

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.