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

Carvana (NYSE:CVNAGet Free Report) had its target price decreased by investment analysts at Gordon Haskett from $350.00 to $335.00 in a note issued to investors on Monday,MarketScreener reports. The firm presently has a “hold” rating on the stock. Gordon Haskett’s price target would indicate a potential upside of 4.62% from the company’s current price.

Several other equities analysts have also commented on CVNA. Barclays dropped their price target on shares of Carvana from $450.00 to $430.00 and set an “overweight” rating on the stock in a research note on Monday. Evercore lowered their target price on shares of Carvana from $430.00 to $390.00 in a research report on Thursday, February 19th. William Blair restated an “outperform” rating on shares of Carvana in a research report on Friday, March 13th. Morgan Stanley restated an “overweight” rating on shares of Carvana in a research report on Thursday, January 8th. Finally, Royal Bank Of Canada lowered their target price on shares of Carvana from $500.00 to $440.00 and set an “outperform” rating on the stock in a research report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $437.18.

Read Our Latest Research Report on Carvana

Carvana Stock Up 1.1%

CVNA stock opened at $320.19 on Monday. The company’s 50 day moving average price is $336.63 and its 200 day moving average price is $370.97. 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 fifty-two week low of $171.78 and a fifty-two week high of $486.89. The firm has a market capitalization of $70.07 billion, a price-to-earnings ratio of 39.83 and a beta of 3.61.

Shares of Carvana are scheduled to split before the market opens on Thursday, May 7th. The 5-1 split was announced on Friday, March 13th. The newly created shares will be issued to shareholders after the closing bell on Wednesday, May 6th.

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

Insider Buying and Selling

In other Carvana news, CFO Mark W. Jenkins sold 12,750 shares of Carvana stock in a transaction dated 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 completion of the sale, the chief financial officer owned 197,089 shares in the company, valued at $61,166,571.15. The trade was a 6.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director J Danforth Quayle sold 2,900 shares of Carvana stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $309.97, for a total value of $898,913.00. Following the completion of the sale, the director owned 41,913 shares of the company’s stock, valued at $12,991,772.61. This trade represents a 6.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 53,574 shares of company stock worth $19,259,412 over the last ninety days. Insiders own 17.12% of the company’s stock.

Institutional Trading of Carvana

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hsbc Holdings PLC grew its holdings in Carvana by 239.6% in the 4th quarter. Hsbc Holdings PLC now owns 221,727 shares of the company’s stock valued at $93,748,000 after buying an additional 156,430 shares during the period. Rockefeller Capital Management L.P. grew its holdings in Carvana by 26.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,588 shares of the company’s stock valued at $1,092,000 after buying an additional 534 shares during the period. World Investment Advisors grew its holdings in Carvana by 14.8% in the 4th quarter. World Investment Advisors now owns 793 shares of the company’s stock valued at $335,000 after buying an additional 102 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Carvana in the 4th quarter valued at about $106,000. Finally, AG Campbell Advisory LLC purchased a new stake in Carvana in the 4th quarter valued at about $319,000. Hedge funds and other institutional investors own 56.71% of the company’s stock.

Trending Headlines about Carvana

Here are the key news stories impacting Carvana this week:

  • Positive Sentiment: Zacks highlights that Carvana has outperformed the broader market recently, reinforcing momentum and investor interest. Carvana (CVNA) Exceeds Market Returns
  • Positive Sentiment: Barclays trimmed its price target (from $450 to $430) but maintained an Overweight rating, signaling continued analyst conviction in Carvana’s longer-term growth despite near-term concerns. Barclays Adjusts Carvana Price Target
  • Neutral Sentiment: Gordon Haskett lowered its price target to $335 and set a Hold rating — a modest trim that reduces upside but stops short of a bearish stance. Gordon Haskett Adjusts Carvana Price Target
  • Negative Sentiment: Bank of America downgraded Carvana (from Buy to Neutral) and cut near‑term outlook and its target (to $360), citing rising rates, higher fuel costs and weaker demand — the primary near‑term negative catalyst. Carvana Downgraded at BofA
  • Negative Sentiment: Multiple outlets summarize BofA’s view that higher borrowing costs and gasoline prices will pressure 2026 demand — increased macro risk that could weigh on shares if trends persist. Carvana Faces Tougher 2026 (Yahoo Finance)
  • Negative Sentiment: Large insider sales were reported (CFO, COO and a VP sold multimillion-dollar stakes), which can sap investor confidence and be viewed as a near-term negative for sentiment. Carvana CFO Sells Stock

About Carvana

(Get Free Report)

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.

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