Carvana (NYSE:CVNA) Receives Neutral Rating from Bank of America

Bank of America reissued their neutral rating on shares of Carvana (NYSE:CVNA) in a research note issued to investors on Monday, MarketBeat reports. Bank of America currently has a $360.00 target price on the stock, down from their prior target price of $400.00.

Other equities analysts have also issued reports about the company. Barclays decreased their price target on Carvana from $530.00 to $450.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Argus raised Carvana to a “strong-buy” rating in a research note on Tuesday, March 3rd. JPMorgan Chase & Co. reduced their price objective on Carvana from $510.00 to $490.00 and set an “overweight” rating for the company in a research note on Thursday, February 19th. Citigroup reduced their price objective on Carvana from $550.00 to $465.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Finally, Wedbush reduced their price objective on Carvana from $500.00 to $425.00 and set an “outperform” rating for the company in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $437.86.

Carvana Stock Performance

Shares of NYSE CVNA opened at $316.18 on Monday. The stock has a fifty day moving average price of $339.79 and a two-hundred day moving average price of $371.48. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.73 and a current ratio of 4.31. The firm has a market cap of $69.20 billion, a P/E ratio of 39.33 and a beta of 3.61. Carvana has a 1 year low of $148.25 and a 1 year high of $486.89.

Carvana shares are scheduled to split on Thursday, May 7th. The 5-1 split was announced on Friday, March 13th. The newly minted shares will be issued to shareholders after the market closes on Wednesday, May 6th.

Carvana (NYSE:CVNA) last issued 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 firm had revenue of $5.60 billion during the quarter, compared to analyst estimates 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 period last year, the company posted $0.56 EPS. Research analysts forecast that Carvana will post 2.85 EPS for the current fiscal year.

Insider Buying and Selling at Carvana

In other news, VP Stephen R. Palmer sold 1,000 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $317.50, for a total transaction of $317,500.00. Following the completion of the sale, the vice president directly owned 33,891 shares of the company’s stock, valued at $10,760,392.50. This trade represents a 2.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Mark W. Jenkins sold 12,750 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $310.35, for a total value of $3,956,962.50. Following the sale, the chief financial officer directly owned 197,089 shares of the company’s stock, valued at approximately $61,166,571.15. This represents a 6.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 53,574 shares of company stock worth $19,259,412. 17.12% of the stock is owned by insiders.

Institutional Trading of Carvana

Hedge funds and other institutional investors have recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Carvana in the fourth quarter worth $29,000. Farmers & Merchants Investments Inc. acquired a new stake in shares of Carvana in the fourth quarter worth $29,000. ORG Partners LLC boosted its position in shares of Carvana by 8,700.0% in the third 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 acquired a new stake in shares of Carvana in the fourth quarter worth $33,000. Finally, Salomon & Ludwin LLC boosted its position in shares of Carvana by 112.5% in 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 period. Institutional investors and hedge funds own 56.71% of the company’s stock.

Trending Headlines about Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Barclays maintained an Overweight rating and trimmed its price target modestly to $430 (from $450), still implying sizable upside versus current levels. Barclays adjusts Carvana price target to $430
• Neutral Sentiment: Bank of America shifted Carvana to a Neutral rating but noted long-term potential — signal is mixed: less conviction for the next 12–18 months but acknowledgement of upside if macro conditions improve. Carvana rating shifted to Neutral but BofA sees long-term potential
• Negative Sentiment: BofA lowered its near-term outlook and cut its price target to $360 (from $400), citing rising borrowing costs and higher gasoline prices that could dampen used-car demand into 2026. That direct macro warning is a primary reason for downward pressure. Carvana Faces Tougher 2026 as Rising Rates, Fuel Costs Pressure Demand, BofA Says
• Negative Sentiment: Market commentary is turning more cautious — Barron’s notes an analyst pullback after last year’s big rally and points to the same macro risks; that broader skepticism is weighing on sentiment. Carvana Stock Doubled Last Year. Why This Analyst Isn’t Bullish Anymore.
• Negative Sentiment: Insider selling: recent filings show material sales by senior executives (CFO, COO and a VP), which investors often view as a negative signal on near-term conviction. CFO sells $3,956,962.50 in stock COO sells $3,098,600.00 in stock VP sells $317,500.00 in stock

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.