Research Analysts Offer Predictions for Carvana Q1 Earnings

Carvana Co. (NYSE:CVNA) – Zacks Research decreased their Q1 2026 earnings per share (EPS) estimates for shares of Carvana in a research note issued to investors on Tuesday, March 4th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $1.14 for the quarter, down from their previous forecast 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.

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

CVNA has been the subject of several other reports. JMP Securities reissued a “market outperform” rating and set a $320.00 price objective on shares of Carvana in a research note on Monday, December 16th. JPMorgan Chase & Co. raised their target price on Carvana from $350.00 to $365.00 and gave the stock an “overweight” rating in a research report on Friday. Wells Fargo & Company decreased their target price on Carvana from $300.00 to $275.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Royal Bank of Canada raised their target price on Carvana from $280.00 to $320.00 and gave the stock an “outperform” rating in a research report on Thursday, February 20th. Finally, Bank of America raised their target price on Carvana from $252.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Eight analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $265.94.

Carvana Stock Performance

CVNA opened at $188.19 on Thursday. The firm has a market cap of $40.11 billion, a PE ratio of 119.86 and a beta of 3.56. The company has a quick ratio of 2.12, a current ratio of 3.64 and a debt-to-equity ratio of 3.82. The business has a fifty day simple moving average of $231.95 and a 200-day simple moving average of $212.64. Carvana has a fifty-two week low of $67.61 and a fifty-two week high of $292.84.

Insider Buying and Selling

In other Carvana news, insider Paul W. Breaux sold 1,362 shares of the firm’s 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 transaction, the insider now directly owns 153,240 shares in the company, valued at $41,387,059.20. This trade represents a 0.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ira J. Platt sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $244.30, for a total value of $6,107,500.00. Following the transaction, the director now owns 5,227 shares in the company, valued at approximately $1,276,956.10. This trade represents a 82.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 119,629 shares of company stock worth $30,866,419. Corporate insiders own 17.18% of the company’s stock.

Hedge Funds Weigh In On Carvana

Several institutional investors have recently bought and sold shares of CVNA. Raymond James & Associates raised its holdings in Carvana by 28.8% during the third quarter. Raymond James & Associates now owns 13,577 shares of the company’s stock valued at $2,364,000 after buying an additional 3,033 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Carvana in the third quarter valued at about $377,000. US Bancorp DE grew its position in shares of Carvana by 80.1% in the third quarter. US Bancorp DE now owns 10,342 shares of the company’s stock valued at $1,801,000 after purchasing an additional 4,599 shares during the last quarter. QRG Capital Management Inc. grew its position 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 valued at $1,169,000 after purchasing an additional 935 shares during the last quarter. 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 during 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.