JPMorgan Chase & Co. Lowers Carvana (NYSE:CVNA) Price Target to $490.00

Carvana (NYSE:CVNA) had its target price decreased by equities research analysts at JPMorgan Chase & Co. from $510.00 to $490.00 in a report issued on Thursday, Marketbeat reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 45.69% from the stock’s previous close.

Other equities research analysts also recently issued reports about the stock. Zacks Research downgraded shares of Carvana from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Needham & Company LLC restated a “buy” rating and set a $500.00 target price on shares of Carvana in a report on Thursday. Deutsche Bank Aktiengesellschaft lowered their price target on Carvana from $600.00 to $519.00 and set a “buy” rating for the company in a report on Thursday. DA Davidson set a $360.00 price objective on Carvana in a research note on Thursday, October 30th. Finally, UBS Group upped their target price on Carvana from $450.00 to $545.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Twenty equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $443.55.

Carvana Price Performance

CVNA stock opened at $336.34 on Thursday. The company has a market cap of $73.17 billion, a PE ratio of 41.83 and a beta of 3.57. The company has a current ratio of 4.31, a quick ratio of 2.55 and a debt-to-equity ratio of 1.15. The stock has a 50-day moving average price of $423.03 and a two-hundred day moving average price of $381.59. Carvana has a 12-month low of $148.25 and a 12-month high of $486.89.

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

Insider Activity at Carvana

In other news, VP Stephen R. Palmer sold 1,000 shares of Carvana stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $393.04, for a total transaction of $393,040.00. Following the sale, the vice president directly owned 37,192 shares of the company’s stock, valued at approximately $14,617,943.68. The trade was a 2.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Benjamin E. Huston sold 10,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $411.27, for a total value of $4,112,700.00. Following the completion of the transaction, the chief operating officer owned 98,652 shares in the company, valued at approximately $40,572,608.04. This trade represents a 9.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 420,351 shares of company stock valued at $179,589,049. 17.12% of the stock is currently owned by insiders.

Institutional Trading of Carvana

Hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada raised its holdings in Carvana by 40.8% in the first quarter. Royal Bank of Canada now owns 29,867 shares of the company’s stock valued at $6,243,000 after acquiring an additional 8,654 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in Carvana by 251.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 253 shares of the company’s stock worth $53,000 after acquiring an additional 181 shares in the last quarter. CWM LLC increased its position in shares of Carvana by 9.5% in the 2nd quarter. CWM LLC now owns 2,203 shares of the company’s stock worth $742,000 after purchasing an additional 191 shares during the last quarter. Yousif Capital Management LLC raised its stake in shares of Carvana by 26.6% in the 2nd quarter. Yousif Capital Management LLC now owns 1,603 shares of the company’s stock valued at $540,000 after purchasing an additional 337 shares in the last quarter. Finally, Harbour Investments Inc. raised its stake in shares of Carvana by 46.5% in the 2nd quarter. Harbour Investments Inc. now owns 208 shares of the company’s stock valued at $70,000 after purchasing an additional 66 shares in the last quarter. Institutional investors and hedge funds own 56.71% of the company’s stock.

Carvana News Roundup

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.