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

Carvana (NYSE:CVNA) had its target price dropped by equities research analysts at Evercore from $430.00 to $390.00 in a report issued on Thursday, Marketbeat reports. Evercore’s price target would suggest a potential upside of 15.96% from the stock’s current price.

A number of other research firms also recently issued reports on CVNA. DA Davidson set a $360.00 target price on shares of Carvana in a research report on Thursday, October 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Carvana in a report on Monday, December 29th. Needham & Company LLC reissued a “buy” rating and set a $500.00 price objective on shares of Carvana in a research report on Thursday. 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. Finally, Jefferies Financial Group raised their price target on Carvana from $475.00 to $550.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. 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, Carvana has a consensus rating of “Moderate Buy” and a consensus price target of $443.55.

Carvana Stock Up 1.1%

Shares of Carvana stock opened at $336.34 on Thursday. Carvana has a 1 year low of $148.25 and a 1 year high of $486.89. The company has a market cap of $73.17 billion, a P/E 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 200 day moving average price of $381.59.

Carvana (NYSE:CVNA) last issued its earnings results on Wednesday, February 18th. The company reported $4.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $3.12. The company had revenue of $5.60 billion for the quarter, compared to the consensus estimate of $5.24 billion. Carvana had a return on equity of 50.96% and a net margin of 6.92%.The firm’s quarterly revenue was up 58.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.56 EPS. As a group, analysts expect that Carvana will post 2.85 EPS for the current fiscal year.

Insider Activity

In other news, VP Stephen R. Palmer sold 1,000 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $393.04, for a total value of $393,040.00. Following the completion of the sale, the vice president directly owned 37,192 shares in the company, 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Daniel J. Gill sold 40,000 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $475.24, for a total transaction of $19,009,600.00. Following the sale, the insider directly owned 191,106 shares of the company’s stock, valued at approximately $90,821,215.44. This represents a 17.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 420,351 shares of company stock valued at $179,589,049. Insiders own 17.12% of the company’s stock.

Institutional Investors Weigh In On Carvana

Hedge funds have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Carvana in the fourth quarter worth about $29,000. Farmers & Merchants Investments Inc. acquired a new stake in Carvana in the 4th quarter valued at approximately $29,000. ORG Partners LLC increased its position in Carvana by 8,700.0% in the 3rd quarter. ORG Partners LLC now owns 88 shares of the company’s stock worth $33,000 after buying an additional 87 shares during the period. Motiv8 Investments LLC bought a new position in Carvana in the 4th quarter worth approximately $33,000. Finally, Salomon & Ludwin LLC lifted its holdings in shares of Carvana by 112.5% during the fourth quarter. Salomon & Ludwin LLC now owns 85 shares of the company’s stock worth $37,000 after buying an additional 45 shares during the last quarter. 56.71% of the stock is currently owned by institutional investors.

Trending Headlines about 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

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.