William Blair Issues Optimistic Outlook for Carvana Earnings

Carvana Co. (NYSE:CVNA) – Equities research analysts at William Blair lifted their Q1 2025 earnings estimates for shares of Carvana in a research report issued to clients and investors on Thursday, February 20th. William Blair analyst S. Zackfia now forecasts that the company will earn $0.69 per share for the quarter, up from their previous forecast of $0.47. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Carvana’s current full-year earnings is $2.85 per share. William Blair also issued estimates for Carvana’s Q2 2025 earnings at $0.94 EPS, Q3 2025 earnings at $0.95 EPS, Q4 2025 earnings at $0.86 EPS, FY2025 earnings at $3.44 EPS and FY2026 earnings at $5.13 EPS.

A number of other equities research analysts have also recently commented on CVNA. DA Davidson increased their target price on shares of Carvana from $220.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday, February 20th. Robert W. Baird increased their price target on Carvana from $200.00 to $250.00 and gave the company a “neutral” rating in a report on Thursday, February 20th. Piper Sandler increased their price target on Carvana from $151.00 to $225.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Royal Bank of Canada increased their price target on Carvana from $280.00 to $320.00 and gave the company an “outperform” rating in a report on Thursday, February 20th. Finally, Evercore ISI raised their price objective on shares of Carvana from $240.00 to $245.00 and gave the stock an “in-line” rating in a research report on Tuesday, December 3rd. Eight equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $265.06.

Carvana Price Performance

Shares of Carvana stock opened at $221.08 on Monday. The business has a 50 day simple moving average of $232.90 and a two-hundred day simple moving average of $210.02. Carvana has a 12 month low of $66.97 and a 12 month high of $292.84. The stock has a market capitalization of $45.90 billion, a P/E ratio of 140.81 and a beta of 3.37. The company has a debt-to-equity ratio of 3.82, a current ratio of 3.64 and a quick ratio of 2.12.

Carvana (NYSE:CVNA) last announced its earnings results on Wednesday, February 19th. The company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $3.32 billion.

Insider Activity

In related news, insider Paul W. Breaux sold 1,362 shares of Carvana stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $270.08, for a total value of $367,848.96. Following the completion of the transaction, the insider now owns 153,240 shares in the company, valued at approximately $41,387,059.20. The trade was a 0.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Daniel J. Gill sold 44,000 shares of Carvana stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $259.47, for a total transaction of $11,416,680.00. Following the completion of the transaction, the insider now owns 191,225 shares of the company’s stock, valued at $49,617,150.75. This trade represents a 18.71 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 173,629 shares of company stock valued at $44,833,799. 17.18% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Quent Capital LLC acquired a new position in Carvana during the 4th quarter worth $28,000. Global Retirement Partners LLC grew its holdings in Carvana by 109.9% during the 4th quarter. Global Retirement Partners LLC now owns 149 shares of the company’s stock worth $30,000 after acquiring an additional 78 shares in the last quarter. Rialto Wealth Management LLC acquired a new position in Carvana during the 4th quarter worth approximately $31,000. ORG Wealth Partners LLC acquired a new position in Carvana during the 4th quarter worth approximately $34,000. Finally, Versant Capital Management Inc acquired a new position in Carvana during the 4th quarter worth approximately $42,000. 56.71% of the stock is owned by institutional investors and hedge funds.

Carvana Company Profile

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.