Carvana (NYSE:CVNA) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Carvana (NYSE:CVNA) had its price target raised by analysts at JPMorgan Chase & Co. from $490.00 to $510.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 19.22% from the company’s previous close.

CVNA has been the topic of several other reports. Royal Bank Of Canada reissued an “outperform” rating and issued a $460.00 price objective on shares of Carvana in a research report on Thursday, October 30th. DA Davidson set a $360.00 target price on Carvana in a research note on Thursday, October 30th. Wall Street Zen lowered Carvana from a “buy” rating to a “hold” rating in a research report on Sunday, October 19th. Stephens increased their price objective on shares of Carvana from $454.00 to $519.00 and gave the company an “overweight” rating in a research report on Friday, January 9th. Finally, Gordon Haskett dropped their price objective on shares of Carvana from $445.00 to $435.00 and set a “hold” rating on the stock in a research note on Monday, January 5th. Nineteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $474.27.

Carvana Trading Up 4.3%

Shares of CVNA stock opened at $427.77 on Wednesday. The company has a quick ratio of 2.55, a current ratio of 4.05 and a debt-to-equity ratio of 1.63. Carvana has a fifty-two week low of $148.25 and a fifty-two week high of $486.89. The firm’s 50 day moving average price is $430.14 and its two-hundred day moving average price is $378.61. The stock has a market cap of $93.06 billion, a price-to-earnings ratio of 97.67, a price-to-earnings-growth ratio of 0.98 and a beta of 3.54.

Carvana (NYSE:CVNA) last issued its earnings results on Wednesday, October 29th. The company reported $1.03 EPS for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.26). Carvana had a net margin of 3.44% and a return on equity of 30.62%. The business had revenue of $5.65 billion during the quarter, compared to analysts’ expectations of $5.04 billion. During the same period in the prior year, the business posted $0.64 EPS. The business’s revenue was up 54.5% on a year-over-year basis. On average, analysts anticipate that Carvana will post 2.85 EPS for the current year.

Insider Activity at Carvana

In other news, insider Paul W. Breaux sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $438.50, for a total transaction of $8,770,000.00. Following the completion of the sale, the insider owned 69,289 shares of the company’s stock, valued at approximately $30,383,226.50. This trade represents a 22.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael E. Maroone sold 30,928 shares of Carvana stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $400.34, for a total transaction of $12,381,715.52. Following the completion of the sale, the director owned 143,573 shares of the company’s stock, valued at approximately $57,478,014.82. This trade represents a 17.72% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 435,256 shares of company stock worth $182,324,727. 17.12% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Los Angeles Capital Management LLC increased its holdings in shares of Carvana by 1,950.7% in the 2nd quarter. Los Angeles Capital Management LLC now owns 111,190 shares of the company’s stock valued at $37,467,000 after purchasing an additional 105,768 shares during the period. Hudson Bay Capital Management LP grew its position in Carvana by 158.0% during the second 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 in the last quarter. Massachusetts Financial Services Co. MA grew its position in Carvana by 11.2% during the third 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. Federated Hermes Inc. increased its stake in Carvana by 124.9% in the 3rd quarter. Federated Hermes Inc. now owns 265,921 shares of the company’s stock valued at $100,316,000 after buying an additional 147,683 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its position in Carvana by 14.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 193,879 shares of the company’s stock worth $76,662,000 after buying an additional 24,129 shares in the last quarter. 56.71% of the stock is owned by institutional investors and hedge funds.

More Carvana News

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Analysts raised targets and reaffirmed conviction — major firms (JPMorgan, Wells Fargo) boosted price targets and kept bullish ratings, signaling some institutional confidence in Carvana’s operational recovery. Benzinga: JPMorgan raises target
• Positive Sentiment: Recent quarterly results and balance‑sheet repair support the bull case: record revenue, positive GAAP operating income and substantial cash on hand plus notable debt reduction are cited as evidence the core retail used‑car business is profitable. MarketBeat: Carvana Drops 14% After $1B Accounting Allegations
• Neutral Sentiment: Carvana has publicly refuted the Gotham short report, calling the allegations inaccurate and emphasizing that related‑party transactions are disclosed in its filings — response may calm some investors but doesn’t eliminate scrutiny. MarketBeat: Carvana Drops 14% After $1B Accounting Allegations
• Neutral Sentiment: Shares are rebounding after the initial plunge, showing short‑term resilience; this rebound reflects a tug‑of‑war between momentum buyers and risk‑averse traders. Benzinga: Stock Of The Day
• Negative Sentiment: Gotham City Research alleges Carvana overstated 2023–2024 earnings by >$1B via related‑party loan transfers and valuation practices (GoFi, Bridgecrest, DriveTime), the core catalyst for the sell‑off. These are material accounting accusations that could materially affect reported profits if validated. Gotham City Research report
• Negative Sentiment: Multiple law firms have opened securities‑fraud investigations and notified investors (Rosen, Pomerantz, Kirby McInerney, BFA, Block & Leviton, Moore Law), increasing the likelihood of litigation and potential shareholder claims. BusinessWire: Rosen Law Firm investigation
• Negative Sentiment: Regulatory and audit risks remain: the Gotham piece notes an SEC subpoena and that the same audit firm signs multiple related entities, which could prompt regulatory review, restatements or enforcement — key downside risk for the stock. MarketBeat: Carvana Drops 14% After $1B Accounting Allegations

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.