Equities Analysts Set Expectations for Carvana Q1 Earnings

Carvana Co. (NYSE:CVNA) – Stock analysts at Zacks Research decreased their Q1 2026 earnings per share estimates for shares of Carvana in a research note issued on Tuesday, March 4th. Zacks Research analyst R. Department now forecasts that the company will earn $1.14 per share for the quarter, down from their prior estimate of $1.17. The consensus estimate for Carvana’s current full-year earnings is $2.85 per share. Zacks Research also issued estimates for Carvana’s Q2 2026 earnings at $0.97 EPS, Q3 2026 earnings at $1.08 EPS, Q4 2026 earnings at $1.26 EPS, FY2026 earnings at $4.44 EPS and FY2027 earnings at $6.50 EPS.

Several other equities research analysts have also issued reports on the stock. DA Davidson increased their target price on Carvana from $220.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday, February 20th. William Blair reissued an “outperform” rating on shares of Carvana in a research note on Thursday, February 20th. JMP Securities reaffirmed a “market outperform” rating and set a $320.00 target price on shares of Carvana in a research report on Monday, December 16th. Robert W. Baird upped their price target on Carvana from $200.00 to $250.00 and gave the company a “neutral” rating in a research report on Thursday, February 20th. Finally, Needham & Company LLC raised their price objective on Carvana from $330.00 to $340.00 and gave the stock a “buy” rating in a research report on Thursday, February 20th. Eight analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $265.06.

Carvana Price Performance

Shares of NYSE:CVNA opened at $216.25 on Thursday. The firm has a 50 day moving average of $232.84 and a 200-day moving average of $212.80. The stock has a market capitalization of $46.10 billion, a PE ratio of 137.74 and a beta of 3.56. The company has a current ratio of 3.64, a quick ratio of 2.12 and a debt-to-equity ratio of 3.82. Carvana has a 12 month low of $67.61 and a 12 month high of $292.84.

Carvana (NYSE:CVNA) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.27. Carvana had a return on equity of 36.59% and a net margin of 1.54%. The business had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.32 billion.

Insider Transactions at Carvana

In related news, Director Ira J. Platt sold 25,000 shares of the stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $244.30, for a total transaction of $6,107,500.00. Following the completion of the transaction, the director now owns 5,227 shares in the company, valued at approximately $1,276,956.10. This represents a 82.71 % 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 link. Also, insider Paul W. Breaux sold 1,362 shares of Carvana stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $270.08, for a total transaction of $367,848.96. Following the completion of the sale, the insider now directly owns 153,240 shares in the company, valued at approximately $41,387,059.20. This represents a 0.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 119,629 shares of company stock valued at $30,866,419 over the last ninety days. 17.18% of the stock is currently owned by insiders.

Institutional Trading of Carvana

Hedge funds have recently made changes to their positions in the company. Raymond James & Associates raised its position in shares of Carvana by 28.8% in the third quarter. Raymond James & Associates now owns 13,577 shares of the company’s stock valued at $2,364,000 after purchasing an additional 3,033 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in Carvana during the 3rd quarter valued at $377,000. US Bancorp DE lifted its position in shares of Carvana by 80.1% during the third quarter. US Bancorp DE now owns 10,342 shares of the company’s stock worth $1,801,000 after acquiring an additional 4,599 shares in the last quarter. QRG Capital Management Inc. boosted its holdings in shares of Carvana by 16.2% in the third quarter. QRG Capital Management Inc. now owns 6,713 shares of the company’s stock worth $1,169,000 after acquiring an additional 935 shares during the period. Finally, Hanseatic Management Services Inc. grew its position in shares of Carvana by 23.3% in the third quarter. Hanseatic Management Services Inc. now owns 1,021 shares of the company’s stock valued at $178,000 after purchasing an additional 193 shares in the last quarter. 56.71% of the stock is currently owned by institutional investors.

About Carvana

Carvana Co, together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices.