Bank of America Lowers Carvana (NYSE:CVNA) Price Target to $400.00

Carvana (NYSE:CVNA) had its target price lowered by equities researchers at Bank of America from $460.00 to $400.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Bank of America‘s price target would suggest a potential upside of 18.93% from the stock’s previous close.

Other analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Carvana in a research note on Tuesday, January 13th. DA Davidson set a $360.00 price objective on shares of Carvana in a report on Thursday, October 30th. BTIG Research increased their target price on shares of Carvana from $450.00 to $535.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Evercore raised their price target on shares of Carvana from $425.00 to $430.00 in a research report on Tuesday, January 27th. Finally, UBS Group upped their price objective on Carvana from $450.00 to $545.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Twenty investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $443.55.

Carvana Stock Up 1.1%

Shares of NYSE:CVNA opened at $336.34 on Thursday. Carvana has a 52-week low of $148.25 and a 52-week high of $486.89. 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 business has a fifty day moving average of $423.03 and a two-hundred day moving average of $381.59. The stock has a market cap of $73.17 billion, a P/E ratio of 41.83 and a beta of 3.57.

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 net margin of 6.92% and a return on equity of 50.96%. The firm had revenue of $5.60 billion during the quarter, compared to analyst estimates of $5.24 billion. During the same quarter in the prior year, the firm posted $0.56 earnings per share. Carvana’s quarterly revenue was up 58.0% on a year-over-year basis. On average, research analysts expect that Carvana will post 2.85 earnings per share for the current year.

Insider Buying and Selling at Carvana

In other Carvana news, insider Daniel J. Gill sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $475.24, for a total transaction of $19,009,600.00. Following the sale, the insider owned 191,106 shares of the company’s stock, valued at approximately $90,821,215.44. This trade represents a 17.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Mark W. Jenkins sold 12,750 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $410.19, for a total transaction of $5,229,922.50. Following the sale, the chief financial officer owned 202,817 shares of the company’s stock, valued at $83,193,505.23. This represents a 5.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 420,351 shares of company stock worth $179,589,049. 17.12% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Carvana

Several hedge funds and other institutional investors have recently bought and sold shares of CVNA. Price T Rowe Associates Inc. MD grew its holdings in shares of Carvana by 8.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,726,838 shares of the company’s stock worth $7,481,081,000 after purchasing an additional 1,407,762 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Carvana by 24.7% in the 4th quarter. Vanguard Group Inc. now owns 16,783,101 shares of the company’s stock valued at $7,082,804,000 after purchasing an additional 3,328,115 shares during the period. State Street Corp grew its stake in Carvana by 93.7% during the 4th quarter. State Street Corp now owns 5,714,779 shares of the company’s stock worth $2,411,751,000 after buying an additional 2,764,759 shares during the last quarter. Capital Research Global Investors grew its stake in Carvana by 42.9% during the 4th quarter. Capital Research Global Investors now owns 5,700,953 shares of the company’s stock worth $2,405,959,000 after buying an additional 1,711,144 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Carvana by 55.4% in the fourth quarter. Geode Capital Management LLC now owns 3,880,711 shares of the company’s stock valued at $1,632,763,000 after buying an additional 1,382,852 shares during the last quarter. 56.71% of the stock is currently owned by institutional investors and hedge funds.

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

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.