Carvana (NYSE:CVNA) Given New $485.00 Price Target at Jefferies Financial Group

Carvana (NYSE:CVNA) had its target price lowered by Jefferies Financial Group from $550.00 to $485.00 in a report released on Monday,MarketScreener reports. The firm currently has a buy rating on the stock.

Other equities research analysts also recently issued reports about the stock. Morgan Stanley reiterated an “overweight” rating on shares of Carvana in a research report on Thursday, January 8th. Wells Fargo & Company reduced their price objective on Carvana from $525.00 to $425.00 and set an “overweight” rating for the company in a report on Thursday, February 19th. Argus started coverage on Carvana in a research report on Monday, December 15th. They set a “buy” rating and a $500.00 target price on the stock. Stephens reissued an “overweight” rating and issued a $519.00 target price on shares of Carvana in a report on Thursday, February 19th. Finally, Wedbush cut their price target on Carvana from $500.00 to $425.00 and set an “outperform” rating for the company in a research note on Thursday, February 19th. Twenty investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Carvana currently has a consensus rating of “Moderate Buy” and an average target price of $440.59.

Carvana Price Performance

Shares of NYSE CVNA opened at $325.08 on Monday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.73 and a current ratio of 4.31. Carvana has a one year low of $148.25 and a one year high of $486.89. The firm has a market capitalization of $70.72 billion, a P/E ratio of 40.43 and a beta of 3.57. The company’s fifty day moving average is $420.54 and its two-hundred day moving average is $381.76.

Carvana (NYSE:CVNA) last announced its quarterly earnings results 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. The business had revenue of $5.60 billion during the quarter, compared to the consensus estimate of $5.24 billion. Carvana had a net margin of 6.92% and a return on equity of 50.96%. The business’s revenue was up 58.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.56 EPS. Analysts forecast that Carvana will post 2.85 EPS for the current fiscal year.

Insider Activity

In other news, COO Benjamin E. Huston sold 40,000 shares of the company’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $439.50, for a total transaction of $17,580,000.00. Following the transaction, the chief operating officer owned 100,758 shares of the company’s stock, valued at $44,283,141. This represents a 28.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Paul W. Breaux sold 20,000 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $438.50, for a total value of $8,770,000.00. Following the completion of the sale, the insider owned 69,289 shares of the company’s stock, valued at $30,383,226.50. This represents a 22.40% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 410,351 shares of company stock valued at $176,089,049. 16.36% of the stock is owned by company insiders.

Hedge Funds Weigh In On Carvana

Large investors have recently modified their holdings of the business. First Horizon Corp grew its position in shares of Carvana by 6.4% in the fourth quarter. First Horizon Corp now owns 418 shares of the company’s stock valued at $176,000 after purchasing an additional 25 shares during the last quarter. SJS Investment Consulting Inc. boosted its position in shares of Carvana by 28.3% in the third quarter. SJS Investment Consulting Inc. now owns 136 shares of the company’s stock valued at $51,000 after acquiring an additional 30 shares during the period. MAI Capital Management grew its stake in shares of Carvana by 1.8% in the second quarter. MAI Capital Management now owns 1,757 shares of the company’s stock valued at $592,000 after acquiring an additional 31 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its position in Carvana by 23.1% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 165 shares of the company’s stock worth $62,000 after acquiring an additional 31 shares during the period. Finally, Finivi Inc. raised its stake in Carvana by 4.6% in the 4th quarter. Finivi Inc. now owns 698 shares of the company’s stock worth $295,000 after purchasing an additional 31 shares in the last quarter. 56.71% of the stock is currently owned by institutional investors and hedge funds.

More Carvana News

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Q4 results beat expectations — Carvana reported big quarterly profit and revenue gains (EPS $4.22 vs. ~$1.10 est; revenue $5.60B, +58% YoY), highlighting improved profitability and stronger-than-expected top-line growth. This supports a longer-term growth story for investors. Article Title
• Positive Sentiment: Heavy bullish options activity — Traders bought ~113,933 call options (≈+41% vs. normal volume), a sign of speculative bullish positioning or hedging that can lift intraday volatility and indicate some market participants expect higher prices.
• Positive Sentiment: Sell-side support remains in pockets — Needham reiterated a Buy rating, showing some firms still back Carvana’s recovery story. Article Title
• Neutral Sentiment: Earnings call provided context but mixed signals — Management’s Q4 call and shareholder letter contain the details investors are parsing (growth drivers vs. margin dynamics). Read the transcript for guidance on guidance/operational cadence. Article Title
• Neutral Sentiment: Longer-term growth debate continues — Coverage pieces are assessing whether Carvana has a multi-year runway given scale, used-car market dynamics and its improving margins; conclusions vary and add to investor uncertainty. Article Title
• Negative Sentiment: Analyst target cuts after Q4 results — UBS cut its target to $485 (kept Buy) citing a Q4 miss on some metrics; the downgrade in expectations helped trigger selling pressure despite the headline beat. Article Title
• Negative Sentiment: Broad trimming of price targets — Multiple firms trimmed targets (examples: Jefferies to $485, Gordon Haskett to $350, Wells Fargo to $425, JPMorgan to $490, Evercore to $390, Citi to $465, BofA to $400, Wedbush to $425). The cluster of cuts tightened the range of near-term upside and increased selling pressure. Jefferies PT Cut Gordon Haskett PT Cut Wells Fargo PT Cut

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.