Carvana hits its quarterly reckoning with record sales volumes colliding against shrinking margins and a valuation that punishes any slip. Whether the used-car giant can hold its premium multiple depends on answers it has not yet given investors.
Carvana (NYSE:CVNA | CVNA Price Prediction) reports third-quarter results on Wednesday, Oct. 28. Shares are down 31.51% year to date. This report will show whether record volume can offset a persistent margin pressure.
Record Volume Meets Thinner Margins
Carvana delivered growth again last quarter. Revenue reached $7.38B, up 52.4% year over year and ahead of the $6.91B estimate. EPS of $0.42 beat the $0.3815 consensus, and retail units hit a record 197,325, up 38%.
Profitability went the other way. Adjusted EBITDA margin slipped to 10.4% from 12.4%, and total GPU fell $412 as Carvana passed more than 100 basis points of rate cuts to customers and lapped a roughly $100 tariff benefit. Management still raised full-year adjusted EBITDA guidance to $2.70B to $3.00B, compared with $2.24B in 2025.
The stock fell 7.36% on earnings day despite the beat. Over the past month it has dropped 9.6% to $57.79.
What Wall Street Expects for Q3 and Full-Year 2026
Metric
Consensus
Year-Ago
YoY Change
Q3 EPS
$0.4387
$0.206
113.0%
Q3 Revenue
$7.67B
$5.647B
35.8%
FY2026 EPS
$1.5639
$1.69
-7.5%
FY2026 Revenue
$29.05B
$20.322B
43.0%
Year-ago EPS figures are split-adjusted. Q3 2025 absorbed a $120M Root warrant loss, and FY2025 included a $618M non-cash tax benefit.
Inventory and Financing Margins Will Set the Tone
Management guided for a sequential increase in retail units, and the focus is whether volume tops Q2’s record. Inventory is the bigger question. CEO Ernie Garcia admitted “inventory has undergrown sales over the last several months”, and the gap shows up by region: inventory grew 57% in the Midwest and Northeast versus 17% in the West and Southeast.
The GPU breakdown deserves a close look. Retail GPU fell $105, and other GPU fell $192, the latter hit by customer rate cuts and higher benchmark rates. Advertising dollars will rise in Q3, testing SG&A leverage after per-unit costs improved to $3,568 from $3,846.
Credit mix matters too. Rate reductions targeted prime customers, and buyers earning over $100,000 grew a little more than 60%. Any stress in lower-income groups would hit financing revenue.
The FTC fee rule offers upside. Garcia estimated dealer website prices rose $500 or $600 while Carvana’s no-fee pricing held steady. ADESA progress also deserves attention: 19 sites are integrated, and the first full expansion targets production in early 2027.
A Premium Multiple Leaves Little Room for Slippage
At $57.79, Carvana trades near 37x full-year 2026 consensus EPS, with a beta of 3.548. The Q3 2025 miss triggered a 13.81% earnings-day drop. If margins level off while volume compounds, the path to 3 million units at a 13.5% adjusted EBITDA margin looks credible. If GPU keeps falling, that premium becomes hard to defend.
Contact [email protected] for any questions or corrections.
Analysts on Wall Street project that Carvana (CVNA - Free Report) will announce quarterly earnings of $0.47 per share in its forthcoming report, representing an increase of 123.8% year over year. Revenues are projected to reach $7.67 billion, increasing 35.8% from the same quarter last year.
Over the last 30 days, there has been a downward revision of 7.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Carvana metrics that Wall Street analysts commonly model and monitor.
Based on the collective assessment of analysts, 'Sales and operating revenues- Retail vehicle sales, net' should arrive at $5.62 billion. The estimate points to a change of +40.6% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Sales and operating revenues- Other sales and revenues' of $593.19 million. The estimate suggests a change of +25.2% year over year.
According to the collective judgment of analysts, 'Sales and operating revenues- Wholesale sales and revenues' should come in at $1.50 billion. The estimate points to a change of +27.3% from the year-ago quarter.
Analysts' assessment points toward 'Per retail unit gross profit - Retail vehicle' reaching $3403.86 . Compared to the current estimate, the company reported $3456.00 in the same quarter of the previous year.
Analysts predict that the 'Per retail unit gross profit - Total' will reach $6913.80 . Compared to the present estimate, the company reported $7362.00 in the same quarter last year.
Analysts forecast 'Unit sales - Retail vehicle unit sales' to reach 210,299 . The estimate compares to the year-ago value of 155,941 .
Analysts expect 'Per retail unit gross profit - Other' to come in at $2721.89 . Compared to the current estimate, the company reported $3040.00 in the same quarter of the previous year.
The average prediction of analysts places 'Per unit revenue - Retail vehicles' at $26616.99 . Compared to the current estimate, the company reported $25625.00 in the same quarter of the previous year.
The consensus among analysts is that 'Per retail unit gross profit - Wholesale' will reach $812.46 . Compared to the current estimate, the company reported $866.00 in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Unit sales - Wholesale vehicle unit sales' will likely reach 106,855 . The estimate is in contrast to the year-ago figure of 80,369 .
The consensus estimate for 'Markets at end of period (metropolitan statistical areas)' stands at 316 . The estimate compares to the year-ago value of 316 .
It is projected by analysts that the 'Per unit revenue - Wholesale vehicles' will reach $12232.41 . The estimate is in contrast to the year-ago figure of $11721.00 .
View all Key Company Metrics for Carvana here>>>
Shares of Carvana have experienced a change of -8.5% in the past month compared to the -1.2% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), CVNA is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Wall Street expects a year-over-year increase in earnings on higher revenues when Carvana (CVNA - Free Report) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 28. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis company is expected to post quarterly earnings of $0.48 per share in its upcoming report, which represents a year-over-year change of +128.6%.
Revenues are expected to be $7.63 billion, up 35.2% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 4.61% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Carvana?For Carvana, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -11.77%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that Carvana will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Carvana would post earnings of $0.42 per share when it actually produced earnings of $0.42, delivering no surprise.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Carvana doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Net Worth Advisory Group lowered its holdings in Carvana Co. (NYSE: CVNA) by 58.0% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,379 shares of the company's stock after selling 10,190 shares during the period. Net Worth Advisory Group's holdings
PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling cars online, today announced a multi-year renewal of its partnership with Phoenix Rising FC, extending its role as the club's front-of-kit sponsor. Entering their 10th season together, the renewal continues one of the club's longest-standing partnerships and reinforces both organizations' commitment to growing soccer throughout Arizona. “Phoenix Rising has been one of our most meaningful hometown partner.
Carvana (CVNA - Free Report) closed the most recent trading day at $60.26, moving +2.64% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.28%. Meanwhile, the Dow gained 1.02%, and the Nasdaq, a tech-heavy index, lost 0.02%.
The stock of company has fallen by 12.61% in the past month, lagging the Retail-Wholesale sector's gain of 4.46% and the S&P 500's gain of 0.67%.
Analysts and investors alike will be keeping a close eye on the performance of Carvana in its upcoming earnings disclosure. The company's earnings report is set to go public on October 28, 2026. It is anticipated that the company will report an EPS of $0.48, marking a 128.57% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $7.63 billion, showing a 35.18% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.64 per share and a revenue of $28.98 billion, representing changes of -2.96% and +42.62%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Carvana. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.03% decrease. Currently, Carvana is carrying a Zacks Rank of #4 (Sell).
From a valuation perspective, Carvana is currently exchanging hands at a Forward P/E ratio of 35.76. This signifies a premium in comparison to the average Forward P/E of 15.51 for its industry.
We can also see that CVNA currently has a PEG ratio of 1.73. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Internet - Commerce stocks are, on average, holding a PEG ratio of 1.25 based on yesterday's closing prices.
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 184, placing it within the bottom 26% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
The fastest-growing name in used-car retail has turned into one of the group's weakest performers. Carvana (NYSE:CVNA | CVNA Price Prediction) stock is down 31% year to date (YTD) to $58.
Carvana (CVNA - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this company have returned -7.9%, compared to the Zacks S&P 500 composite's +1.4% change. During this period, the Zacks Internet - Commerce industry, which Carvana falls in, has gained 1.6%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, Carvana is expected to post earnings of $0.48 per share, indicating a change of +128.6% from the year-ago quarter. The Zacks Consensus Estimate has changed -4% over the last 30 days.
The consensus earnings estimate of $1.65 for the current fiscal year indicates a year-over-year change of -2.4%. This estimate has changed -1.7% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $2.18 indicates a change of +32.2% from what Carvana is expected to report a year ago. Over the past month, the estimate has changed -2.7%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Carvana is rated Zacks Rank #4 (Sell).
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of Carvana, the consensus sales estimate of $7.62 billion for the current quarter points to a year-over-year change of +35%. The $28.87 billion and $37.01 billion estimates for the current and next fiscal years indicate changes of +42.1% and +28.2%, respectively.
Last Reported Results and Surprise HistoryCarvana reported revenues of $7.38 billion in the last reported quarter, representing a year-over-year change of +52.4%. EPS of $0.42 for the same period compares with $0.26 a year ago.
Compared to the Zacks Consensus Estimate of $6.99 billion, the reported revenues represent a surprise of +5.55%. The EPS surprise was 0%.
Over the last four quarters, Carvana surpassed consensus EPS estimates two times. The company topped consensus revenue estimates each time over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Carvana is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Carvana. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Let's take a look at what these Wall Street heavyweights have to say about Carvana (CVNA - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
Carvana currently has an average brokerage recommendation (ABR) of 1.72, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 23 brokerage firms. An ABR of 1.72 approximates between Strong Buy and Buy.
Of the 23 recommendations that derive the current ABR, 13 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 56.5% and 13% of all recommendations.
Brokerage Recommendation Trends for CVNA
Check price target & stock forecast for Carvana here>>>
While the ABR calls for buying Carvana, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.
Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.
In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.
With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.
ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.
Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.
Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.
Is CVNA Worth Investing In?Looking at the earnings estimate revisions for Carvana, the Zacks Consensus Estimate for the current year has declined 0.1% over the past month to $1.67.
Analysts' growing pessimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates lower, could be a legitimate reason for the stock to plunge in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Carvana. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Therefore, it could be wise to take the Buy-equivalent ABR for Carvana with a grain of salt.
Carvana (NYSE:CVNA – Get Free Report) and Monro Muffler Brake (NASDAQ:MNRO – Get Free Report) are both consumer discretionary companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, earnings, valuation, dividends, profitability, risk and analyst recommendations.
Analyst Recommendations This is a summary of current recommendations for Carvana and Monro Muffler Brake, as provided by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Carvana 0 8 16 1 2.72 Monro Muffler Brake 1 2 2 0 2.20 Carvana currently has a consensus price target of $83.13, suggesting a potential upside of 43.34%. Monro Muffler Brake has a consensus price target of $24.33, suggesting a potential upside of 80.78%. Given Monro Muffler Brake’s higher probable upside, analysts plainly believe Monro Muffler Brake is more favorable than Carvana.
Earnings and Valuation This table compares Carvana and Monro Muffler Brake”s gross revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Carvana $20.32 billion 3.14 $1.41 billion $1.81 32.04 Monro Muffler Brake $1.16 billion 0.36 $2.17 million $0.22 61.18 Carvana has higher revenue and earnings than Monro Muffler Brake. Carvana is trading at a lower price-to-earnings ratio than Monro Muffler Brake, indicating that it is currently the more affordable of the two stocks.
Profitability This table compares Carvana and Monro Muffler Brake’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Carvana 6.26% 37.06% 12.21% Monro Muffler Brake 0.71% 0.80% 0.30% Risk and Volatility Carvana has a beta of 3.55, indicating that its share price is 255% more volatile than the S&P 500. Comparatively, Monro Muffler Brake has a beta of 1.08, indicating that its share price is 8% more volatile than the S&P 500.
Institutional and Insider Ownership 56.7% of Carvana shares are owned by institutional investors. 15.2% of Carvana shares are owned by insiders. Comparatively, 5.7% of Monro Muffler Brake shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Summary Carvana beats Monro Muffler Brake on 13 of the 15 factors compared between the two stocks.
About Carvana (Get Free Report)
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. The company also operates auction sites. The company was founded in 2012 and is based in Tempe, Arizona.
(Get Free Report)
Monro, Inc. provides automotive undercar repair, and tire sales and services in the United States. It offers replacement tires and tire related services, automotive undercar repair services, and routine maintenance services primarily to passenger cars, light trucks, and vans. The company also provides other products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment. In addition, it operates stores under the brand names of Monro Auto Service and Tire Centers, Tire Choice Auto Service Centers, Mr. Tire Auto Service Centers, Car-X Tire & Auto, Tire Warehouse Tires for Less, Ken Towery's Tire & Auto Care, Mountain View Tire & Auto Service, and Tire Barn Warehouse. The company was founded in 1957 and is headquartered in Rochester, New York.
Receive News & Ratings for Carvana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carvana and related companies with MarketBeat.com's FREE daily email newsletter.
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling cars, today announced the expansion of same-day vehicle delivery for customers in the greater Jacksonville area. Select local customers can now receive their vehicle as soon as the same day they place an order on Carvana.com. Local customers interested in selling their vehicles to Carvana can also schedule pickup and drop-off as soon as the same day they complete Carvana's online veh.
Carvana (CVNA - Free Report) ended the recent trading session at $60.39, demonstrating a +1.48% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.02% for the day. Elsewhere, the Dow saw a downswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.15%.
The company's stock has dropped by 16.03% in the past month, falling short of the Retail-Wholesale sector's gain of 0.63% and the S&P 500's gain of 2.05%.
Market participants will be closely following the financial results of Carvana in its upcoming release. The company plans to announce its earnings on October 28, 2026. On that day, Carvana is projected to report earnings of $0.49 per share, which would represent year-over-year growth of 133.33%. Simultaneously, our latest consensus estimate expects the revenue to be $7.62 billion, showing a 34.95% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.67 per share and a revenue of $28.97 billion, signifying shifts of -1.18% and +42.56%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Carvana. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 0.12% lower within the past month. As of now, Carvana holds a Zacks Rank of #4 (Sell).
Investors should also note Carvana's current valuation metrics, including its Forward P/E ratio of 35.55. This signifies a premium in comparison to the average Forward P/E of 15.29 for its industry.
Also, we should mention that CVNA has a PEG ratio of 1.72. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Internet - Commerce industry stood at 1.24 at the close of the market yesterday.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 180, putting it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling cars, today announced a multi-year extension of its partnership with Rush Soccer, the world's largest youth soccer club, continuing Carvana's role as the front-of-kit sponsor on all Rush Soccer game jerseys. As soccer continues to grow across the United States, Rush Soccer and Carvana are building on a partnership that began in 2025. With more than 60,000 players across Rush Soccer's domestic.
Farther Finance Advisors LLC raised its holdings in shares of Carvana Co. (NYSE:CVNA – Free Report) by 37.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,790 shares of the company’s stock after acquiring an additional 13,898 shares during the quarter. Farther Finance Advisors LLC’s holdings in Carvana were worth $3,176,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. CoreCap Advisors LLC boosted its stake in Carvana by 413.3% in the 3rd quarter. CoreCap Advisors LLC now owns 1,196 shares of the company’s stock worth $75,000 after purchasing an additional 963 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in Carvana by 12.0% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,950 shares of the company’s stock valued at $122,000 after buying an additional 209 shares in the last quarter. CX Institutional raised its position in shares of Carvana by 24.6% during the third quarter. CX Institutional now owns 4,246 shares of the company’s stock valued at $266,000 after buying an additional 837 shares during the last quarter. Versant Capital Management Inc raised its position in shares of Carvana by 7.3% during the third quarter. Versant Capital Management Inc now owns 2,660 shares of the company’s stock valued at $166,000 after buying an additional 180 shares during the last quarter. Finally, QRG Capital Management Inc. raised its position in shares of Carvana by 490.1% during the second quarter. QRG Capital Management Inc. now owns 68,545 shares of the company’s stock valued at $4,512,000 after buying an additional 56,930 shares during the last quarter. 56.71% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity In related news, Director Ira J. Platt sold 15,000 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $75.50, for a total transaction of $1,132,500.00. Following the sale, the director owned 186,470 shares in the company, valued at approximately $14,078,485. This represents a 7.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Benjamin Huston sold 50,000 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $71.55, for a total value of $3,577,500.00. Following the completion of the sale, the chief operating officer owned 478,693 shares of the company’s stock, valued at approximately $34,250,484.15. This represents a 9.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 352,564 shares of company stock worth $23,800,480. Company insiders own 15.19% of the company’s stock.
Analyst Ratings Changes CVNA has been the topic of several research analyst reports. Citizens Jmp lowered their target price on shares of Carvana from $103.00 to $83.00 and set a “market outperform” rating on the stock in a report on Thursday, July 30th. Stephens reaffirmed an “overweight” rating and set a $83.00 target price (down from $91.50) on shares of Carvana in a research note on Tuesday, October 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $80.00 target price on shares of Carvana in a research note on Friday, July 31st. Robert W. Baird set a $72.00 price target on shares of Carvana in a report on Thursday, July 30th. Finally, Hovde Group boosted their price target on shares of Carvana from $39.50 to $48.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $83.13. Get Our Latest Report on Carvana
Carvana Trading Down 6.6% CVNA opened at $59.51 on Tuesday. The firm has a market cap of $65.49 billion, a P/E ratio of 32.92, a P/E/G ratio of 1.84 and a beta of 3.55. Carvana Co. has a 12 month low of $54.46 and a 12 month high of $97.38. The company has a current ratio of 3.93, a quick ratio of 2.33 and a debt-to-equity ratio of 0.94. The stock has a 50-day moving average of $68.82 and a 200 day moving average of $68.62.
Carvana (NYSE:CVNA – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.03. The company had revenue of $7.38 billion for the quarter, compared to analysts’ expectations of $6.90 billion. Carvana had a return on equity of 37.06% and a net margin of 6.26%. The firm’s revenue for the quarter was up 52.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.51 earnings per share. As a group, research analysts forecast that Carvana Co. will post 1.67 EPS for the current year.
About Carvana (Free Report)
Carvana Co is an online used-car retailer that enables customers to research, purchase, finance, trade in and sell vehicles through its digital platform. The company’s services are designed to allow customers to complete much of the vehicle-buying process online, including selecting a vehicle, arranging financing, completing documentation and scheduling delivery or pickup.
Carvana offers a broad selection of used cars, trucks and sport utility vehicles. Its platform includes vehicle listings with photographs and inspection information, while its operations support vehicle reconditioning, logistics and customer delivery.
Featured Stories Five stocks we like better than Carvana Salesforce Just Got a Rare Double Upgrade—What Changed? OpenAI’s Revenue Scare Could Be a Big Opportunity for Investors China Still Dominates Rare Earths—These 3 U.S. Companies Could Benefit 3 REITs That May Win in a Higher Interest Rate Environment
Receive News & Ratings for Carvana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carvana and related companies with MarketBeat.com's FREE daily email newsletter.
Integrating operations creates approximately 100 new jobs; boosts same-day delivery selection for Central Florida customers
ORLANDO, Fla.--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling cars, today announced plans to bring Inspection and Reconditioning Center (IRC) capabilities to its existing ADESA Orlando wholesale auction site in Sanford, Fla. The integration adds reconditioning capacity and a new inventory pool to Carvana's network that builds selection for retail customers nationwide, brings more vehicles eligible for same-day delivery to Central Florida car buyers, and provides a more robust offering for local wholesale customers.
“Bringing IRC capabilities to ADESA Orlando will expand our reconditioning capacity and help us deliver greater selection and faster delivery to customers across Florida,” said Brian Boyd, Senior Vice President of Inventory at Carvana. “We’re excited to grow our local team and enhance our offering for retail and wholesale customers as we bring new capabilities to the site.”
Carvana has already begun hiring local team members to support this move and expects the integration to create about 100 new good-paying, skilled and entry-level jobs in inspection, reconditioning, and vehicle fulfillment over time. These roles require no college degree and come with comprehensive benefits. Candidates can browse open positions and apply here.
“Carvana’s continued investment in Sanford is creating new opportunities for Seminole County residents and supporting our local economy,” said Florida Senate President Pro Tempore Jason Brodeur. “The addition of approximately 100 jobs across a range of skill and experience levels builds on the company’s presence in our community and creates more pathways for Floridians to grow their careers.”
ADESA Orlando has served wholesale auto auction customers for over 30 years. Now the facility will also house the teams and tools that drive Carvana retail reconditioning and fulfillment. The approximately 65-acre site includes over 3,000 parking spaces and offers significant infrastructure to support IRC operations alongside ongoing wholesale auction activities.
The integration will establish a new pool of local retail inventory, giving customers access to a broader selection of vehicles with delivery options available as soon as the same day. Wholesale buyers will benefit from enhanced on-site inspection and reconditioning capabilities, as well as ongoing access to ADESA's in-lane and digital auction services.
Carvana's proprietary software platform, CARLI, will power the site's transition to an IRC-enabled facility, supporting operational efficiency and consistency across its national reconditioning network.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be preceded by, followed by or include the words "aim," "anticipate," "believe," "estimate," "expect," "forecast," "intend," "likely," "outlook," "plan," "potential," "project," "projection," "seek," "can," "could," "may," "should," "would," "will," similar expressions, and the negatives thereof. Forward-looking statements reflect Carvana’s current expectations and projections, and include all statements that are not historical facts, including expectations regarding the expected integration of IRC capabilities at ADESA Orlando and the anticipated benefits therefrom, our strategy, forecasted results, potential infrastructure capacity utilization, efficiency gains, the expected capabilities and performance of Carvana’s CARLI platform, future staffing needs and hiring plans, and growth opportunities. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Among these factors are risks related to: Carvana's ability to successfully integrate IRC capabilities at the ADESA Orlando site on anticipated timelines and budgets and to realize the expected benefits thereof; Carvana's ability to utilize its available infrastructure capacity; the ability to attract, hire, train, and retain qualified personnel; the larger automotive ecosystem, including consumer demand, global supply chain challenges, vehicle pricing, and other macroeconomic issues (including with respect to the impact of tariffs on our business); our ability to effectively manage our rapid growth and maintain customer service quality, reputational integrity, and brand recognition; seasonal and other fluctuations in our operating results; our relationship with DriveTime and its affiliates; our highly competitive industry; our use of artificial intelligence; and the other risks identified under the “Risk Factors” section in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025. There is no assurance that any forward-looking statements will materialize. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. Carvana does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise.
About Carvana
Carvana’s mission is to change the way people buy and sell cars. Since launching in 2013, more than 4 million customers have chosen Carvana’s leading automotive e-commerce experience to shop, sell, finance, and trade in vehicles entirely online, with the convenience of delivery or local pickup as soon as the same day. Carvana’s unique offering is powered by its passionate team, differentiated national infrastructure, and purpose-built technology.
For more information, please visit Carvana.com.
About ADESA
ADESA is a leader in wholesale auto, providing comprehensive remarketing and logistics solutions that help OEMs, financial institutions, fleets, and dealers source, sell and manage cars efficiently and profitably. ADESA customers across the country enjoy access to its extensive physical auction network, robust digital offerings, and value-added services. ADESA is owned by leading online automotive retailer Carvana (NYSE: CVNA). Learn more about ADESA here.
Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling cars, today announced plans to bring Inspection and Reconditioning Center (IRC) capabilities to its existing ADESA Orlando wholesale auction site in Sanford, Fla. The integration adds reconditioning capacity and a new inventory pool to Carvana's network that builds selection for retail customers nationwide, brings more vehicles eligible for same-day delivery to Central Florida car buyers, and provides a more robust offering for local wholesale customers.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261006884120/en/
Carvana Brings Inspection and Reconditioning Center Capabilities to ADESA Orlando
“Bringing IRC capabilities to ADESA Orlando will expand our reconditioning capacity and help us deliver greater selection and faster delivery to customers across Florida,” said Brian Boyd, Senior Vice President of Inventory at Carvana. “We’re excited to grow our local team and enhance our offering for retail and wholesale customers as we bring new capabilities to the site.”
Carvana has already begun hiring local team members to support this move and expects the integration to create about 100 new good-paying, skilled and entry-level jobs in inspection, reconditioning, and vehicle fulfillment over time. These roles require no college degree and come with comprehensive benefits. Candidates can browse open positions and apply here.
“Carvana’s continued investment in Sanford is creating new opportunities for Seminole County residents and supporting our local economy,” said Florida Senate President Pro Tempore Jason Brodeur. “The addition of approximately 100 jobs across a range of skill and experience levels builds on the company’s presence in our community and creates more pathways for Floridians to grow their careers.”
ADESA Orlando has served wholesale auto auction customers for over 30 years. Now the facility will also house the teams and tools that drive Carvana retail reconditioning and fulfillment. The approximately 65-acre site includes over 3,000 parking spaces and offers significant infrastructure to support IRC operations alongside ongoing wholesale auction activities.
The integration will establish a new pool of local retail inventory, giving customers access to a broader selection of vehicles with delivery options available as soon as the same day. Wholesale buyers will benefit from enhanced on-site inspection and reconditioning capabilities, as well as ongoing access to ADESA's in-lane and digital auction services.
Carvana's proprietary software platform, CARLI, will power the site's transition to an IRC-enabled facility, supporting operational efficiency and consistency across its national reconditioning network.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be preceded by, followed by or include the words "aim," "anticipate," "believe," "estimate," "expect," "forecast," "intend," "likely," "outlook," "plan," "potential," "project," "projection," "seek," "can," "could," "may," "should," "would," "will," similar expressions, and the negatives thereof. Forward-looking statements reflect Carvana’s current expectations and projections, and include all statements that are not historical facts, including expectations regarding the expected integration of IRC capabilities at ADESA Orlando and the anticipated benefits therefrom, our strategy, forecasted results, potential infrastructure capacity utilization, efficiency gains, the expected capabilities and performance of Carvana’s CARLI platform, future staffing needs and hiring plans, and growth opportunities. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Among these factors are risks related to: Carvana's ability to successfully integrate IRC capabilities at the ADESA Orlando site on anticipated timelines and budgets and to realize the expected benefits thereof; Carvana's ability to utilize its available infrastructure capacity; the ability to attract, hire, train, and retain qualified personnel; the larger automotive ecosystem, including consumer demand, global supply chain challenges, vehicle pricing, and other macroeconomic issues (including with respect to the impact of tariffs on our business); our ability to effectively manage our rapid growth and maintain customer service quality, reputational integrity, and brand recognition; seasonal and other fluctuations in our operating results; our relationship with DriveTime and its affiliates; our highly competitive industry; our use of artificial intelligence; and the other risks identified under the “Risk Factors” section in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025. There is no assurance that any forward-looking statements will materialize. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. Carvana does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise.
About Carvana
Carvana’s mission is to change the way people buy and sell cars. Since launching in 2013, more than 4 million customers have chosen Carvana’s leading automotive e-commerce experience to shop, sell, finance, and trade in vehicles entirely online, with the convenience of delivery or local pickup as soon as the same day. Carvana’s unique offering is powered by its passionate team, differentiated national infrastructure, and purpose-built technology.
For more information, please visit Carvana.com.
About ADESA
ADESA is a leader in wholesale auto, providing comprehensive remarketing and logistics solutions that help OEMs, financial institutions, fleets, and dealers source, sell and manage cars efficiently and profitably. ADESA customers across the country enjoy access to its extensive physical auction network, robust digital offerings, and value-added services. ADESA is owned by leading online automotive retailer Carvana (NYSE: CVNA). Learn more about ADESA here.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261006884120/en/
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
You are now leaving Barron's websiteBy clicking on the “Proceed” button below, you will be redirected to a third-party website owned and operated by Hong Kong Tiimoot Information Technology Co., Limited. (“HKT”), which is located in Hong Kong. That website operates independently from Barron's and Barron's does not control the website. The privacy practices of HKT are subject to its Privacy Statement, so please read it closely. We are not responsible for HKT's privacy or other data-related practices.
Carvana Co. (NYSE:CVNA – Get Free Report)’s share price traded down 6.7% on Monday. The company traded as low as $60.70 and last traded at $60.6950. 5,979,886 shares were traded during mid-day trading, a decline of 56% from the average session volume of 13,457,734 shares. The stock had previously closed at $65.06.
Analyst Ratings Changes CVNA has been the subject of several recent research reports. Hovde Group boosted their target price on shares of Carvana from $39.50 to $48.00 and gave the stock a “market perform” rating in a research report on Tuesday, August 4th. UBS Group reiterated a “buy” rating and set a $83.00 price target on shares of Carvana in a research note on Friday, July 31st. Wells Fargo & Company set a $80.00 price objective on Carvana and gave the stock an “overweight” rating in a report on Thursday, July 30th. Royal Bank Of Canada set a $82.00 price objective on Carvana and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $80.00 target price on shares of Carvana in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, Carvana currently has an average rating of “Moderate Buy” and an average target price of $84.05.
Get Our Latest Research Report on Carvana
Carvana Trading Up 5.2% The firm has a market capitalization of $70.02 billion, a PE ratio of 35.19, a PEG ratio of 1.74 and a beta of 3.49. The firm’s fifty day moving average is $68.89 and its two-hundred day moving average is $68.42. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.93 and a quick ratio of 2.33. Carvana (NYSE:CVNA – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.39 by $0.03. Carvana had a net margin of 6.26% and a return on equity of 37.06%. The firm had revenue of $7.38 billion during the quarter, compared to analyst estimates of $6.90 billion. During the same quarter last year, the business posted $1.51 EPS. The company’s revenue for the quarter was up 52.4% on a year-over-year basis. On average, equities analysts predict that Carvana Co. will post 1.68 EPS for the current fiscal year.
Insider Buying and Selling In other Carvana news, Director Michael E. Maroone acquired 25,000 shares of the business’s stock in a transaction on Friday, July 31st. The shares were acquired at an average price of $61.80 per share, with a total value of $1,545,000.00. Following the completion of the transaction, the director owned 168,573 shares in the company, valued at approximately $10,417,811.40. This trade represents a 17.41% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Benjamin Huston sold 50,000 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $71.55, for a total value of $3,577,500.00. Following the completion of the transaction, the chief operating officer directly owned 478,693 shares in the company, valued at approximately $34,250,484.15. This represents a 9.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 283,814 shares of company stock valued at $19,562,730 over the last quarter. Corporate insiders own 15.19% of the company’s stock.
Institutional Investors Weigh In On Carvana A number of hedge funds have recently made changes to their positions in the business. QRG Capital Management Inc. grew its position in Carvana by 490.1% during the second quarter. QRG Capital Management Inc. now owns 68,545 shares of the company’s stock valued at $4,512,000 after buying an additional 56,930 shares during the period. Envestnet Asset Management Inc. increased its holdings in Carvana by 422.0% during the second quarter. Envestnet Asset Management Inc. now owns 472,281 shares of the company’s stock worth $31,086,000 after buying an additional 381,808 shares during the last quarter. Andra AP fonden raised its position in Carvana by 325.0% in the second quarter. Andra AP fonden now owns 14,075 shares of the company’s stock worth $926,000 after acquiring an additional 10,763 shares during the period. State Street Corp raised its position in Carvana by 417.1% in the second quarter. State Street Corp now owns 29,435,364 shares of the company’s stock worth $1,937,436,000 after acquiring an additional 23,742,422 shares during the period. Finally, Security National Bank of SO Dak purchased a new position in Carvana in the second quarter valued at about $121,000. 56.71% of the stock is currently owned by institutional investors.
About Carvana (Get Free Report)
Carvana Co is an online used-car retailer that enables customers to research, purchase, finance, trade in and sell vehicles through its digital platform. The company’s services are designed to allow customers to complete much of the vehicle-buying process online, including selecting a vehicle, arranging financing, completing documentation and scheduling delivery or pickup.
Carvana offers a broad selection of used cars, trucks and sport utility vehicles. Its platform includes vehicle listings with photographs and inspection information, while its operations support vehicle reconditioning, logistics and customer delivery.
Read More Five stocks we like better than Carvana CarMax Just Gave Investors a Better Reason to Believe in the Turnaround CoreWeave Comes With Risks: Analysts Split on What Matters Most Bottlenecking the Future: TSMC Prices Out the Competition Fervo Energy Hits Geothermal Milestone: Will It Matter For The Stock? Receive News & Ratings for Carvana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carvana and related companies with MarketBeat.com's FREE daily email newsletter.
Carvana Co. (NYSE:CVNA) is consolidating Wednesday. The shares gained more than 5% yesterday after analysts at Jefferies Financial Group Inc. (NYSE:JEF) said the company’s unit sales for September were 40% above Wall Street estimates.
As you can see on the chart, the $57 level has been support and Carvana is getting close to it. Stocks have a tendency to rally after reaching support. This is why Carvana is the Stock of the Day.
‘Markets have memories’ is an old saying. It refers to how an important price level can retain its importance for a long time.
Carvana first found support around $57 in June 2025. A rally followed.
When this happened, many of the traders and investors who sold at the support decided that selling was a mistake. A number of them also decided to buy their shares back.
But they would only do so if they could eventually get them for the price they were sold at. When the shares dropped back to $57, these regretful sellers placed buy orders. There were so many of these orders that it created support.
Then another rally followed, and a similar thing happened. When Carvana sold off to $57 in March, remorseful sellers placing buy orders created support again.
$57 was also support in July.
Sometimes stocks rally after reaching support. This happens when some of the buyers who created the support become anxious and impatient.
They know that sellers will go to whoever is willing to pay the highest price. They are afraid that someone else will be willing to pay more than they are.
As a result, they increase their bid prices. Other anxious buyers see this and do the same thing. This can result in a snowball effect that forces the shares into an uptrend.
If Carvana gets to this important support level, there is a chance the shares bottom out again. There is also a chance of a rally following.
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
Carvana Co. (NYSE:CVNA) could post its biggest quarterly sales beat since early 2025, Jefferies said, as website data showed vehicle sales growth accelerating to about 40% in recent weeks.
The broker reiterated its "buy" rating and $88 price target.
Jefferies raised its retail unit forecast by about 1.5%, implying 35% year-over-year growth and putting its estimate 2.5% above consensus.
The broker's website data showed unit growth bottomed at 23% in early July, with July averaging 35%, below the second quarter's 38%.
Growth reached 41% in August and averaged 40% in September's first three weeks, implying 39% quarterly growth if September's final 11 days follow last year's seasonality.
That would put units 5% above consensus, the largest beat since the first quarter of 2025; Jefferies kept its forecast lower to allow for estimation error.
Supporting the sales outlook, Carvana has opened three reconditioning megasites so far in the third quarter, matching the first-half total.
Jefferies suspected added capacity and new productivity software helped sustain website inventory growth near 30%, while younger, lower-mileage inventory in July and August supported higher prices.
Reflecting that pricing strength, Jefferies models 5% year-over-year growth in retail revenue per unit, driven by higher-end vehicle mix and accelerating industry listing price growth.
Website data showed average selling prices edged higher quarter over quarter, although management expected a return toward lower, normalized levels.
Those higher prices appeared partly offset by lower borrowing rates indicated in Carvana's latest asset-backed securities filing, which Jefferies wrote should help preserve affordability.
High-single-digit increases in Carvana's listing prices during the first three weeks of September could foreshadow continued fourth-quarter pricing strength, the broker wrote.
The shares traded at $63.34, up 5%, in afternoon trading.
V závěru obchodní seance ropa WTI (-3,79 %) pokračovala v poklesu a udržela index Nasdaq v kladných hodnotách. Výraznější vzpruhu zaznamenaly drahé kovy, kde zlato přidalo +0,98 % a stříbro +0,15 %, které se dostalo ze záporných hodnot. Z technologických akcií se dařilo spíše čipovému sektoru. Ze softwarových společností výrazněji vyčuhovala společnost Meta +3,24 % či Oracle +3,99 %. Lehce do kladných hodnot se přetočily nakonec i kryptoměny, přičemž BTC přidalo symbolických +0,01 %. Trh jako celek osciloval celý den kolem nuly.
Akcie Fair Isaac (FICO) poté, co Federální agentura pro financování bydlení oznámila plán zjednodušit stanovování cen hypoték, končí se ztrátou -27 %
Index Dow Jones -0,25 % na 51350,99 b.
S&P 500 -0,16 % na 7671,18 b.
Nasdaq Composite -0,09 % na 26797,54 b.
Index S&P 500 -0,16 % na 7671,18 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Utility +1,1 % Energie -0,9 % Komunikační služby +0,4 % Základní materiály -0,5 % Průmysl +0,2 % Nezbytná spotřeba -0,5 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Carnival Corp (CCL) +13 % Fair Isaac Corp (FICO) -27 % Bloom Energy Corp (BE) +11 % Lululemon Athletica (LULU) -3,7 % Royal Caribbean Cruises (RCL) +7,5 % Steel Dynamics (STLD) -3,7 % Lumentum Holdings (LITE) +5,7 % Equifax (EFX) -3,4 % Carvana (CVNA) +5,2 % Nucor Corp (NUE) -3,4 %
Jan Pazourek, Fio banka, a.s.
CarMax just posted a quarter strong enough to move rivals like Carvana and Lithia Motors higher, but skeptics are questioning whether the real driver was shoppers returning or a set of one-time finance items that may not repeat.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
CarMax (NYSE:KMX | KMX Price Prediction) stock is up 6% to $59.75 early in the session after the used-car retailer posted stronger fiscal 2027 second-quarter earnings and indicated a return to share buybacks. The report offers a fresh read on whether CarMax’s sharper pricing is winning shoppers back, and rival auto retailers are edging higher in response.
Online rival Carvana (NYSE:CVNA) stock is up 3% to $62.10, tracking CarMax’s direction. Lithia Motors (NYSE:LAD) stock is up 0.8% to $305.40, a more muted response from a franchised dealer that also sells new cars. AutoNation (NYSE:AN) gives the group a further point of comparison.
Sector-wide buying looks tame by comparison, with the SPDR S&P Retail ETF (NYSEARCA:XRT) up just 0.4%. Over at the index level, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 0.2%. Because the retail fund is modified equal-weighted across its holdings, a sharp jump in CarMax stock alone barely nudges it, which fits how the ETF is built.
Earnings Jump Meets a Buyback Restart CarMax posted net earnings per diluted share of $1.16 for the quarter, a big step up from a much smaller figure a year earlier. Beyond earnings, CarMax’s total net revenues rose sharply and its combined retail and wholesale used vehicle unit sales grew by double digits. At established locations, CarMax’s comparable store used unit sales also rose.
Management said pricing actions aimed at a better sales trend drove that volume, and gross profit per retail used unit fell as a result. The auto finance arm also grew its income, helped by a lower provision for loan losses and a gain on the sale of auto loans. CarMax stated it intends to resume share repurchases at a modest level in the current fiscal quarter, after buying back no stock in the quarter just reported.
Bull and Bear Cases for CarMax For supporters, the quarter shows CarMax’s pricing actions working, with unit volumes and revenue climbing after a long stretch of soft demand, and CarMax’s rebounding volume gives the company early proof that sharper sticker prices can pull shoppers back into CarMax stores. Such pricing could also help CarMax compete more directly with online sellers such as Carvana.
Skeptics see a costlier trade, since CarMax won those units by giving up margin on each car. Those items sit outside store economics. Part of the earnings increase also came from a lower loan loss provision and a one-time gain on selling auto loans, and they make the profit recovery harder to judge.
The buyback restart may reveal the most about how management views its own leverage, since the company sat out repurchases entirely last quarter, and resuming at a modest pace suggests growing comfort with the balance sheet, though the scale remains unspecified.
Peer Moves Offer a Cleaner Test Carvana and Lithia Motors sell into the same used-vehicle demand as CarMax, which makes their direction a useful test of the story. Sustained gains in Carvana and Lithia Motors shares would point to an industry recovery, while a decline in those stocks would mark the quarter as a CarMax-specific result.
Initial price action leans company-specific, as the smaller gains in Carvana and Lithia Motors shares lag the jump in CarMax stock. AutoNation offers a franchised-dealer read on the same demand. That gap is the clearest early signal of how the market is reading the quarter.
What to Watch Next CarMax will host a virtual strategic update on November 3, where the company intends to detail its growth plan, key initiatives and targets. The company made separate moves. It named an executive to a newly created chief digital and customer officer role and promoted an internal leader to run a centralized strategy, data science and pricing function, with both reporting to CarMax’s chief executive.
Investors may want to watch for detail on buyback pace and retail margin plans at that event. Because part of the earnings lift came from finance items, shareholders should keep their positions moderate until store margins show steadier footing. Follow-through in Carvana and Lithia Motors shares could also show whether demand gains extend across the industry.
Contact [email protected] for any questions or corrections.
In the latest close session, Carvana (CVNA - Free Report) was down 7.06% at $60.47. The stock's performance was behind the S&P 500's daily loss of 0.77%. Meanwhile, the Dow experienced a drop of 0.67%, and the technology-dominated Nasdaq saw a decrease of 0.92%.
Heading into today, shares of the company had lost 12.13% over the past month, lagging the Retail-Wholesale sector's loss of 6.02% and the S&P 500's gain of 0.96%.
Analysts and investors alike will be keeping a close eye on the performance of Carvana in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.5, indicating a 138.1% growth compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $7.63 billion, indicating a 35.14% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.68 per share and revenue of $29.02 billion, which would represent changes of -0.59% and +42.82%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Carvana. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. At present, Carvana boasts a Zacks Rank of #3 (Hold).
In the context of valuation, Carvana is at present trading with a Forward P/E ratio of 38.82. Its industry sports an average Forward P/E of 15.49, so one might conclude that Carvana is trading at a premium comparatively.
Also, we should mention that CVNA has a PEG ratio of 1.87. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Internet - Commerce industry stood at 1.14 at the close of the market yesterday.
The Internet - Commerce industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 191, positioning it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
SummaryCarvana delivered its 10th straight quarter of record profitability and revenue, with Q2 FY26 retail units up 38% and revenue up 52%.CVNA's growth is constrained by inventory and reconditioning capacity, not demand; management is aggressively expanding capacity to address this bottleneck.Profitability gains are driven by higher sales volumes and improved cost discipline, with gross profit hitting a record despite a drop in gross profit per unit.Getty Images
Investment Thesis Carvana (CVNA) in its latest quarter has posted its 10th consecutive quarter of record profitability and revenue growth. In Q2 FY26, year-over-year, Carvana saw retail units rise 38% to 197,325, revenue rise by 52% to $7.38 billion, and net income
30 Followers
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Carvana (NYSE:CVNA – Get Free Report) and Winmark (NASDAQ:WINA – Get Free Report) are both consumer discretionary companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, profitability, analyst recommendations, institutional ownership, earnings, risk and valuation.
Earnings and Valuation This table compares Carvana and Winmark”s revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Carvana $20.32 billion 3.48 $1.41 billion $1.81 35.48 Winmark $86.53 million 12.15 $41.65 million $11.02 26.57 Carvana has higher revenue and earnings than Winmark. Winmark is trading at a lower price-to-earnings ratio than Carvana, indicating that it is currently the more affordable of the two stocks. Profitability This table compares Carvana and Winmark’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Carvana 6.26% 37.06% 12.21% Winmark 47.09% -99.47% 103.54% Institutional & Insider Ownership 56.7% of Carvana shares are held by institutional investors. Comparatively, 73.3% of Winmark shares are held by institutional investors. 15.2% of Carvana shares are held by insiders. Comparatively, 10.4% of Winmark shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Analyst Ratings This is a breakdown of recent ratings and recommmendations for Carvana and Winmark, as provided by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Carvana 0 8 15 1 2.71 Winmark 0 1 0 0 2.00 Carvana currently has a consensus target price of $84.14, suggesting a potential upside of 31.03%. Given Carvana’s stronger consensus rating and higher possible upside, analysts clearly believe Carvana is more favorable than Winmark.
Volatility and Risk Carvana has a beta of 3.49, indicating that its share price is 249% more volatile than the S&P 500. Comparatively, Winmark has a beta of 0.54, indicating that its share price is 46% less volatile than the S&P 500.
Summary Carvana beats Winmark on 10 of the 15 factors compared between the two stocks.
About Carvana (Get Free Report)
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. The company also operates auction sites. The company was founded in 2012 and is based in Tempe, Arizona.
About Winmark (Get Free Report)
Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato’s Closet brand; and operates stores which buys and sells used and new children’s clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand. Further, it buys, sells, trades in, and used and new sporting goods, equipment, and accessories for various athletic activities including team sports, such as baseball/softball, hockey, football, lacrosse, and soccer, as well as fitness, ski/snowboard, golf, and others under the Play It Again Sports brand; and buys and sells used women’s apparel, shoes, and accessories under the Style Encore brand. Additionally, the company buys, sells, trades in, and used and new musical instruments, speakers, amplifiers, music-related electronics, and related accessories under the Music Go Round brand. Winmark Corporation was incorporated in 1988 and is headquartered in Minneapolis, Minnesota.
Receive News & Ratings for Carvana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carvana and related companies with MarketBeat.com's FREE daily email newsletter.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?
Let's take a look at what these Wall Street heavyweights have to say about Carvana (CVNA - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
Carvana currently has an average brokerage recommendation (ABR) of 1.77, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 24 brokerage firms. An ABR of 1.77 approximates between Strong Buy and Buy.
Of the 24 recommendations that derive the current ABR, 13 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 54.2% and 12.5% of all recommendations.
Brokerage Recommendation Trends for CVNA
Check price target & stock forecast for Carvana here>>>
While the ABR calls for buying Carvana, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.
Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.
This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.
Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.
Zacks Rank Should Not Be Confused With ABRAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.
The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.
In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.
Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.
Should You Invest in CVNA?Looking at the earnings estimate revisions for Carvana, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $1.68.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Carvana. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Carvana.
Sally Beauty (NYSE:SBH – Get Free Report) and Carvana (NYSE:CVNA – Get Free Report) are both consumer discretionary companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, profitability, analyst recommendations, valuation, risk, dividends and institutional ownership.
Institutional & Insider Ownership 56.7% of Carvana shares are owned by institutional investors. 2.0% of Sally Beauty shares are owned by company insiders. Comparatively, 15.2% of Carvana shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Earnings & Valuation This table compares Sally Beauty and Carvana”s revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Sally Beauty $3.73 billion 0.40 $195.88 million $1.92 8.23 Carvana $25.06 billion 2.86 $1.41 billion $1.81 35.98 Carvana has higher revenue and earnings than Sally Beauty. Sally Beauty is trading at a lower price-to-earnings ratio than Carvana, indicating that it is currently the more affordable of the two stocks.
Analyst Recommendations This is a breakdown of recent ratings and recommmendations for Sally Beauty and Carvana, as reported by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Sally Beauty 1 3 3 0 2.29 Carvana 0 7 16 1 2.75 Sally Beauty currently has a consensus target price of $17.40, indicating a potential upside of 10.16%. Carvana has a consensus target price of $84.14, indicating a potential upside of 29.18%. Given Carvana’s stronger consensus rating and higher probable upside, analysts clearly believe Carvana is more favorable than Sally Beauty.
Profitability This table compares Sally Beauty and Carvana’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Sally Beauty 5.16% 24.36% 7.07% Carvana 6.26% 37.06% 12.21% Risk & Volatility Sally Beauty has a beta of 1.05, meaning that its share price is 5% more volatile than the S&P 500. Comparatively, Carvana has a beta of 3.49, meaning that its share price is 249% more volatile than the S&P 500.
Summary Carvana beats Sally Beauty on 14 of the 15 factors compared between the two stocks.
About Sally Beauty (Get Free Report)
Sally Beauty Holdings, Inc. operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals. This segment also provides products under Wella and L'Oreal brands. The Beauty Systems Group segment offers professional beauty products, such as hair color and care products, skin and nail care products, styling tools, and other beauty items directly to salons and salon professionals through its professional-only stores, e-commerce platforms, and sales force, as well as through franchised stores under the Armstrong McCall store name. This segment also sells products under Paul Mitchell and Wella brands. It operates stores and franchised units in the United States, Puerto Rico, Canada, Mexico, Chile, Peru, the United Kingdom, Ireland, Belgium, France, the Netherlands, Spain, and Germany. The company distributes its products through full-service/exclusive distributors and open-line distributors. Sally Beauty Holdings, Inc. was founded in 1964 and is headquartered in Denton, Texas.
About Carvana (Get Free Report)
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. The company also operates auction sites. The company was founded in 2012 and is based in Tempe, Arizona.
Receive News & Ratings for Sally Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sally Beauty and related companies with MarketBeat.com's FREE daily email newsletter.
In the latest trading session, Carvana (CVNA - Free Report) closed at $65.40, marking a -2.24% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.45%. Meanwhile, the Dow experienced a drop of 1.21%, and the technology-dominated Nasdaq saw a decrease of 0.01%.
Prior to today's trading, shares of the company had gained 2.92% outpaced the Retail-Wholesale sector's loss of 7.24% and the S&P 500's loss of 2.43%.
Investors will be eagerly watching for the performance of Carvana in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.5, signifying a 138.10% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $7.63 billion, showing a 35.14% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $1.68 per share and a revenue of $29.02 billion, demonstrating changes of -0.59% and +42.82%, respectively, from the preceding year.
Investors should also take note of any recent adjustments to analyst estimates for Carvana. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Carvana currently has a Zacks Rank of #3 (Hold).
From a valuation perspective, Carvana is currently exchanging hands at a Forward P/E ratio of 39.92. This expresses a premium compared to the average Forward P/E of 16.56 of its industry.
It is also worth noting that CVNA currently has a PEG ratio of 1.93. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Internet - Commerce industry was having an average PEG ratio of 1.18.
The Internet - Commerce industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 170, positioning it in the bottom 31% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
MINNEAPOLIS--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling cars online, today announced the expansion of same-day vehicle delivery for customers in the greater Minneapolis area. Select local customers can now receive their vehicle as soon as the same day they place an order on Carvana.com. With this launch, local customers interested in selling their vehicles to Carvana can also schedule pickup and drop-off as soon as the same day they complete Carvana's onl.
Carvana (NYSE: CVNA), the industry pioneer for buying and selling cars online, today announced the expansion of same-day vehicle delivery for customers in the greater Minneapolis area. Select local customers can now receive their vehicle as soon as the same day they place an order on Carvana.com.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260916440638/en/
Carvana expands same-day delivery to the Twin Cities.
With this launch, local customers interested in selling their vehicles to Carvana can also schedule pickup and drop-off as soon as the same day they complete Carvana's online vehicle appraisal process.
"When my old car's engine gave out, I needed something fast. I didn't expect to be able to get a car this quickly — that really surprised me,” said Victor X., a Midwest customer. “The whole process was so easy online, signing the documents and uploading my insurance took no time at all. Everything went smoothly and the car showed up in great shape."
Carvana’s intuitive e-commerce platform allows customers to shop from tens of thousands of high-quality vehicles, secure financing, trade in a vehicle, and complete a purchase entirely online. This offering is made possible with the support of Carvana’s first-party logistics network and regional Inspection and Reconditioning Centers (IRCs).
"After serving car buyers and sellers in the Minneapolis area for many years, we're excited to introduce an even faster and more convenient Carvana experience with same-day delivery," said Jacqueline Hearns, Carvana's Senior Director of Market Operations and Expansion. "As we continue expanding our logistics network and regional operations, we're making it easier than ever for eligible customers across the Twin Cities to buy or sell a car on their schedule."
Initially launched in Arizona, Carvana’s same-day delivery service is currently available in select markets across more than 20 states. The company plans to continue scaling the offering regionally as it expands its national logistics and reconditioning infrastructure.
About Carvana
Carvana’s mission is to change the way people buy and sell cars. Since launching in 2013, more than 4 million customers have chosen Carvana’s leading automotive e-commerce experience to shop, sell, finance, and trade in vehicles entirely online, with the convenience of delivery or local pickup as soon as the same day. Carvana’s unique offering is powered by its passionate team, differentiated national infrastructure, and purpose-built technology.
For more information, please visit Carvana.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260916440638/en/
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Index Dow Jones -0,63 % na 52093,11 b. S&P 500 -0,45 % na 7585,73 b. Nasdaq Composite -0,78 % na 25981,57 b.
Indexy prohlubují včerejší ztráty. Široký S&P 500 odepisuje téměř půl procenta a do kladného teritoria se probojoval sektor základních materiálů a energií, které rostou kvůli dalšímu zvyšování cen ropy. Tlakový hrnec na Blízkém východě se nadále zahřívá. Jemenští Hútiové nadále útočí na své okolí a futures na ropu WTI se drží nad USD 106.
Při dnešním projednávání Clarity Act se v Senátu nenašlo dostatek hlasů pro jeho další projednávání. Sporné body jsou zejména etická pravidla pro obchodovaní veřejných činitelů a odměny pro spotřebitele ze stablecoinů. Případné další projednání se tak odkládá na neurčito a šance, že se zákon příjme tento rok výrazně klesá. Reakce kryptoměn není panická, ale klesají společnosti navázané na daný sektor. Coinbase uzavírá níže o 10 %.
Index S&P 500 -0,45 % na 7585,73 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Energie +2,3 % Zbytná spotřeba -1,8 % Základní materiály +0,4 % Utility -1,2 % Zdravotní péče -0,1 % Nezbytná spotřeba -0,9 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Skyworks Solutions (SWKS) +14 % Coinbase Global (COIN) -10 % Revvity (RVTY) +9,1 % Axon Enterprise (AXON) -9,8 % APA Corp (APA) +5,3 % Jack Henry & Associates (JKHY) -6,4 % F5 (FFIV) +4,7 % Chipotle Mexican Grill (CMG) -5,9 % Ciena Corp (CIEN) +4,6 % Carvana (CVNA) -5,6 %
Marek Kameništiak
Fio banka, a.s.
Prohlášení
CHARLOTTE, N.C.--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling cars online, today announced plans to bring Inspection and Reconditioning Center (IRC) capabilities to its existing ADESA Charlotte wholesale auction site. The integration creates additional reconditioning capacity and a new inventory pool in Carvana's national network that supports greater selection for retail customers nationwide, faster delivery speeds for North Carolina car buyers, and a more.
NewEdge Advisors LLC increased its position in Carvana Co. (NYSE:CVNA – Free Report) by 317.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 93,271 shares of the company’s stock after buying an additional 70,915 shares during the period. NewEdge Advisors LLC’s holdings in Carvana were worth $6,139,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of the company. California State Teachers Retirement System grew its stake in Carvana by 31,281.7% in the 2nd quarter. California State Teachers Retirement System now owns 63,866,397 shares of the company’s stock worth $4,203,686,000 after acquiring an additional 63,662,882 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of Carvana by 8.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,726,838 shares of the company’s stock worth $7,481,081,000 after purchasing an additional 1,407,762 shares during the last quarter. State Street Corp boosted its holdings in shares of Carvana by 93.7% during the fourth quarter. State Street Corp now owns 5,714,779 shares of the company’s stock worth $2,411,751,000 after purchasing an additional 2,764,759 shares during the last quarter. Capital Research Global Investors grew its position in shares of Carvana by 42.9% in the fourth quarter. Capital Research Global Investors now owns 5,700,953 shares of the company’s stock valued at $2,405,959,000 after purchasing an additional 1,711,144 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Carvana by 55.4% in the fourth quarter. Geode Capital Management LLC now owns 3,880,711 shares of the company’s stock valued at $1,632,763,000 after purchasing an additional 1,382,852 shares during the period. Hedge funds and other institutional investors own 56.71% of the company’s stock.
Insiders Place Their Bets In other news, Director J Quayle sold 14,525 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $75.00, for a total transaction of $1,089,375.00. Following the completion of the sale, the director owned 214,960 shares in the company, valued at approximately $16,122,000. The trade was a 6.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Mark Jenkins sold 63,750 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $64.50, for a total transaction of $4,111,875.00. Following the sale, the chief financial officer directly owned 1,156,534 shares of the company’s stock, valued at approximately $74,596,443. This trade represents a 5.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 385,775 shares of company stock worth $26,504,588. 15.19% of the stock is owned by insiders.
Carvana Trading Up 0.1% Shares of CVNA opened at $69.22 on Monday. The company has a current ratio of 3.93, a quick ratio of 2.33 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $76.17 billion, a P/E ratio of 38.28, a price-to-earnings-growth ratio of 1.99 and a beta of 3.49. The stock’s fifty day simple moving average is $69.44 and its 200 day simple moving average is $68.43. Carvana Co. has a twelve month low of $54.46 and a twelve month high of $97.38. Carvana (NYSE:CVNA – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.03. The firm had revenue of $7.38 billion during the quarter, compared to the consensus estimate of $6.90 billion. Carvana had a return on equity of 37.06% and a net margin of 6.26%.The firm’s quarterly revenue was up 52.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.51 earnings per share. On average, equities research analysts forecast that Carvana Co. will post 1.68 earnings per share for the current year.
Wall Street Analyst Weigh In Several equities analysts recently commented on CVNA shares. Zacks Research lowered Carvana from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 15th. BNP Paribas Exane decreased their price target on Carvana from $86.00 to $69.00 and set a “hold” rating on the stock in a research note on Thursday, July 30th. Citigroup restated a “market outperform” rating on shares of Carvana in a report on Monday, August 31st. Weiss Ratings raised shares of Carvana from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 5th. Finally, UBS Group reissued a “buy” rating and issued a $83.00 target price on shares of Carvana in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $84.14.
Get Our Latest Analysis on CVNA
About Carvana (Free Report)
Carvana Co (NYSE: CVNA) is an online used-car retailer that enables consumers to research, purchase, finance and sell vehicles through its website and mobile platform. The company offers a selection of used cars, trucks and SUVs, with vehicle listings that generally include photographs, pricing and vehicle-history information.
Customers can complete much of the vehicle-buying process online, including applying for financing, arranging trade-ins and scheduling vehicle pickup or delivery.
Recommended Stories Five stocks we like better than Carvana Why Bitcoin ETFs May Be Worth Another Look as Inflows Rebound 3 Small-Cap Biotechs With Binary Catalysts on the Calendar Planet Labs Has Fallen Back to Earth, But Wall Street Still Sees a Rebound As Homeowners’ Premiums Surge, This Insurer Is Posting Record Profits
Receive News & Ratings for Carvana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carvana and related companies with MarketBeat.com's FREE daily email newsletter.
Carvana (CVNA - Free Report) closed the most recent trading day at $70.28, moving -4.26% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.59%. On the other hand, the Dow registered a loss of 0.6%, and the technology-centric Nasdaq decreased by 0.65%.
The company's stock has climbed by 1.28% in the past month, exceeding the Retail-Wholesale sector's loss of 8.48% and the S&P 500's loss of 1.37%.
The investment community will be paying close attention to the earnings performance of Carvana in its upcoming release. The company's upcoming EPS is projected at $0.5, signifying a 138.10% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $7.63 billion, indicating a 35.14% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.68 per share and a revenue of $29.02 billion, signifying shifts of -0.59% and +42.82%, respectively, from the last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Carvana. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.58% rise in the Zacks Consensus EPS estimate. Carvana is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Carvana's current valuation metrics, including its Forward P/E ratio of 43.8. This denotes a premium relative to the industry average Forward P/E of 16.19.
It is also worth noting that CVNA currently has a PEG ratio of 2.11. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Internet - Commerce stocks are, on average, holding a PEG ratio of 1.18 based on yesterday's closing prices.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 101, finds itself in the top 42% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow CVNA in the coming trading sessions, be sure to utilize Zacks.com.
Carvana (NYSE:CVNA – Get Free Report) and PetMed Express (NASDAQ:PETS – Get Free Report) are both consumer discretionary companies, but which is the superior stock? We will contrast the two businesses based on the strength of their risk, analyst recommendations, dividends, profitability, valuation, institutional ownership and earnings.
Risk and Volatility Carvana has a beta of 3.49, meaning that its share price is 249% more volatile than the S&P 500. Comparatively, PetMed Express has a beta of 0.78, meaning that its share price is 22% less volatile than the S&P 500.
Insider & Institutional Ownership 56.7% of Carvana shares are owned by institutional investors. Comparatively, 73.3% of PetMed Express shares are owned by institutional investors. 15.2% of Carvana shares are owned by insiders. Comparatively, 1.3% of PetMed Express shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Valuation and Earnings This table compares Carvana and PetMed Express”s revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Carvana $20.32 billion 3.98 $1.41 billion $1.81 40.60 PetMed Express $179.02 million 0.21 -$57.29 million ($1.38) -1.24 Carvana has higher revenue and earnings than PetMed Express. PetMed Express is trading at a lower price-to-earnings ratio than Carvana, indicating that it is currently the more affordable of the two stocks.
Profitability This table compares Carvana and PetMed Express’ net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Carvana 6.26% 37.06% 12.21% PetMed Express -17.34% -91.69% -35.15% Analyst Recommendations This is a summary of current ratings and target prices for Carvana and PetMed Express, as reported by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Carvana 0 7 16 1 2.75 PetMed Express 1 1 0 0 1.50 Carvana currently has a consensus target price of $84.14, suggesting a potential upside of 14.49%. Given Carvana’s stronger consensus rating and higher probable upside, analysts clearly believe Carvana is more favorable than PetMed Express.
Summary Carvana beats PetMed Express on 14 of the 15 factors compared between the two stocks.
About Carvana (Get Free Report)
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. The company also operates auction sites. The company was founded in 2012 and is based in Tempe, Arizona.
About PetMed Express (Get Free Report)
PetMed Express, Inc., together with its subsidiaries, operates as a pet pharmacy in the United States. The company markets prescription and non-prescription pet medications, health products, and other supplies for dogs, cats, and horses. It offers non-prescription medications and supplies, such as flea and tick control products, bone and joint care products, vitamins, treats, nutritional supplements, hygiene products, and household pet supplies; and prescription medications, including heartworm preventatives, flea and tick preventatives, arthritis, dermatitis, thyroid, diabetes, pain medications, heart/blood pressure, and other specialty medications, as well as generic substitutes. The company also sells food, beds, crates, stairs, and other pet supplies. It sells its products through its Internet website; mobile app; customer support center; and direct mail/print, which includes brochures and postcards. The company was incorporated in 1996 and is headquartered in Delray Beach, Florida.
Receive News & Ratings for Carvana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carvana and related companies with MarketBeat.com's FREE daily email newsletter.
Carvana has defied persistent bearish sentiment, delivering a roughly 15% gain since early June 2026. Despite sharp volatility, CVNA's stock trajectory has repeatedly proven bearish forecasts wrong again and again. Carvana remains the "go-to" option for those who want to avoid a traditional dealership experience.
Stephen R. Palmer, Vice President of Accounting at Carvana (CVNA +0.17%), disposed of 8,023 shares of Class A Common Stock on Sept. 1, 2026, according to a recent SEC Form 4 filing.
Transaction summaryMetricValueTransaction value~$576,000Shares sold8,023Post-transaction shares (directly held)128,886Post-transaction value$9.3 millionTransaction value based on SEC Form 4 weighted average sale price ($71.79); post-transaction value based on September 01, 2026, market close ($72.18).
Key questionsWhat were the specific components of this share disposition?
The filing detailed two distinct activities: 5,000 shares were sold on the open market, and the company withheld 3,023 shares to cover tax liabilities associated with the vesting of restricted stock units.What is the status of the insider's remaining equity position?
Stephen R. Palmer continues to hold 128,886 shares of Class A Common Stock directly, valued at $9.3 million as of the Sept. 1, 2026, valuation. How does the Rule 10b5-1 plan impact the interpretation of this sale?
The open-market portion of the trade was completed under a Rule 10b5-1 plan adopted on May 28, 2025, which removes the insider's discretion over the timing and execution of the transaction to avoid potential conflicts.What is the context regarding the stock's recent performance?
At the time of the transaction on Sept. 1, 2026, Carvana shares had a one-year total return of -3%. The stock was priced at $74.16 as of the Sept. 2, 2026, market close.Company OverviewMetricValueShare Price (as of market close 2026-09-02)$74.16Market Capitalization$53.3 billionRevenue (TTM)$25.1 billionNet Income (TTM)$2.1 billionCompany SnapshotCarvana operates a digital platform that facilitates the purchase and sale of pre-owned vehicles across the United States, generating revenue through vehicle sales, financing solutions, and complementary products and services.The company employs a vertically integrated business model encompassing vehicle sourcing and reconditioning, online transaction facilitation, consumer financing, and proprietary logistics capabilities for vehicle delivery and pickup.Carvana primarily serves retail consumers seeking to purchase pre-owned vehicles through a digital-first channel, targeting customers who prefer online convenience and transparent pricing in the automotive retail sector.
Premium Feature
Moneyball Superscore
72/100
Today's Change
(
0.17
%) $
0.13
Current Price
$
74.72
Carvana is a significant player in the automotive retail sector, with a market capitalization of $81.7 billion and TTM revenue of $25.1 billion, demonstrating substantial scale in the digital vehicle marketplace.
The company's competitive differentiation derives from its end-to-end digital platform architecture, proprietary logistics network, and integrated financing capabilities, which collectively enable a streamlined customer experience in pre-owned vehicle transactions.
With 23,100 employees and operations across the United States, Carvana has established itself as a transformative force in automotive retail through technology-enabled distribution and customer-centric service delivery.
What this transaction means for investorsThis sale shouldn't concern investors. It was completed under a pre-adopted plan for personal financial management reasons. Moreover, the insider still retains a substantial amount of shares in the company's stock. The sale represented a small percentage of the insider's holdings.
Importantly, Carvana continues to expand rapidly. TTM revenue grew over 52% year over year, while operating margin continues to hold around 9%.
If Carvana can continue expanding margins into the double-digit range over time, the stock could offer upside even at these elevated share prices. It trades at a reasonable enterprise value-to-sales ratio of about 1.8x.
John Ballard has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Let's take a look at what these Wall Street heavyweights have to say about Carvana (CVNA - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
Carvana currently has an average brokerage recommendation (ABR) of 1.77, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 24 brokerage firms. An ABR of 1.77 approximates between Strong Buy and Buy.
Of the 24 recommendations that derive the current ABR, 13 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 54.2% and 12.5% of all recommendations.
Brokerage Recommendation Trends for CVNA
Check price target & stock forecast for Carvana here>>>
While the ABR calls for buying Carvana, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.
Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.
This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.
Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.
Zacks Rank Should Not Be Confused With ABRAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.
The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.
There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.
Is CVNA Worth Investing In?Looking at the earnings estimate revisions for Carvana, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $1.65.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Carvana. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Carvana.
Carvana (NYSE: CVNA), the industry pioneer for buying and selling cars online, today announced plans to bring Inspection and Reconditioning Center (IRC) capabil
SACRAMENTO, Calif.--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling cars online, today announced plans to bring Inspection and Reconditioning Center (IRC) capabilities to its existing ADESA Brasher's wholesale auction site in Rio Linda, Calif. The integration creates additional reconditioning capacity and a new inventory pool in Carvana's national network, supporting greater selection for retail customers nationwide, faster delivery speeds for California car b.
It has been about a month since the last earnings report for Carvana (CVNA - Free Report) . Shares have added about 20.6% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Carvana due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for Carvana Co. before we dive into how investors and analysts have reacted as of late.
Carvana Q2 Earnings Match EstimatesCarvana reported earnings of 42 cents per share for the second quarter of 2026, in line with the Zacks Consensus Estimate. Earnings rose 61.5% year over year. Revenues of $7.37 billion increased 52.4% year over year and topped the consensus mark of $6.99 billion by 5.5%. The top-line beat reflected record retail volume and strong vehicle pricing.
Retail Volume Reaches a RecordRetail vehicle sales increased 61.7% to $5.5 billion, supported by a 17.4% rise in revenue per retail unit to $27,908. Retail units sold advanced 37.7% to 197,325. Retail volumes have nearly doubled over the past two years and continued to outpace an industry that declined year over year. Wholesale sales and revenues grew 31.2% to $1.34 billion, while wholesale unit sales climbed 44.4% to 105,052.
Gross Profit Rises, GPU DeclinesTotal gross profit increased 30.1% to $1.38 billion. Retail vehicle gross profit rose 34.4% to $700 million, wholesale gross profit advanced 19.7% to $158 million and other gross profit grew 28.0% to $526 million.
However, total gross profit per unit fell $412 to $7,014, and non-GAAP GPU declined $455 to $7,125. On a sequential basis, total gross profit and non-GAAP GPU improved by $231 and $214, respectively.
Margins Reflect Growth InvestmentsOperating income increased to $680 million from $511 million, but adjusted EBITDA margin contracted to 10.4% from 12.4%. Adjusted EBITDA rose to $769 million from $601 million, showing strong dollar profit growth even as the margin narrowed.
Net income advanced 66.6% to $513 million. Selling, general and administrative expenses increased to $704 million from $551 million as advertising, logistics and other costs rose.
Carvana Expands Production CapacityInventory selection remains central to the company’s growth plan. Carvana integrated retail production capabilities at three additional ADESA sites during the quarter, bringing the total to 19, and began construction on its first full buildout at an ADESA location.
The current footprint provides fully built-out annual capacity for about 1.5 million retail units, with additional real estate available for expansion. The new full buildout is expected to begin producing vehicles in early 2027.
Cash and LiquidityCash and cash equivalents totaled $2.63 billion as of June 30, 2026, up from $2.32 billion at year-end 2025. Committed liquidity resources were $4.67 billion, while total liquidity resources increased to $7 billion from $6.74 billion. For the first six months of 2026, net cash provided by operating activities rose to $345 million from $261 million.
Full-Year EBITDA OutlookFor the third quarter, management expects retail units sold to increase sequentially from the second quarter. For full-year 2026, Carvana projects adjusted EBITDA of $2.7-$3 billion, compared with $2.24 billion in 2025. It also reiterated its long-term path toward selling 3 million vehicles annually and achieving a 13.5% adjusted EBITDA margin between 2030 and 2035.
How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a flat trend in estimates revision.
The consensus estimate has shifted 7.89% due to these changes.
VGM ScoresAt this time, Carvana has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with a D. Charting a somewhat similar path, the stock has a grade of F on the value side, putting it in the fifth quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook Carvana has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
shares rose 8.4%, currently trading at $70.44. The stock has experienced a 52-week range of $54.46 to $97.38, demonstrating significant volatility over the past year.
GF Value™ verdict: CVNA is currently trading at a 13.5% discount to its GF Value™ of $81.47.GF Score™ of 73/100 indicates the stock is above average based on various performance metrics.Notable signal: The stock has seen significant insider selling over the past 12 months, with a net selling amounting to $426.6 million.Is CVNA Overvalued or Undervalued?The current market price of Carvana Co
CVNA +8.37% 73
at $70.44 is 13.5% below the GF Value™ estimate of $81.47. This suggests that CVNA is undervalued based on GuruFocus' intrinsic value assessment, which is derived from historical trading multiples, past business growth, and future performance estimates. The GF Valuation label indicates that the stock is modestly undervalued, presenting a potential opportunity for investors willing to consider the inherent risks that accompany investing in a volatile sector like vehicles and parts.
While CVNA's undervaluation offers a margin of safety, it is essential to exercise caution. The company has faced considerable challenges, as reflected in its year-to-date decline of 16.5%. This could point to underlying operational issues or market sentiment that may not be fully captured by the GF Value™ estimate.
How Does CVNA's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)39.0x69.7xForward P/E41.5xN/AThe current P/E ratio of 39.0x is significantly lower than the 5-year median of 69.7x, indicating that the stock is trading well below its historical valuation levels. This P/E analysis aligns with the GF Value™ verdict, reinforcing the notion that CVNA is currently undervalued.
What Does CVNA's GF Score™ Tell Us?GF Score™ measures a stock's performance across various dimensions, including financial strength, profitability, growth potential, valuation, and momentum. Carvana's score of 73/100 reflects an above-average performance, with its strongest sub-rank being Valuation at 8/10, indicating it is favorably valued relative to its historical metrics.
MetricRatingGF Score™73Financial Strength7/10Profitability3/10Growth6/10Valuation8/10Momentum7/10Carvana's scores highlight its strengths in valuation and financial strength, while its profitability rank at 3/10 suggests challenges in generating consistent profits. The growth rank of 6/10 indicates a moderate potential for expansion, while the momentum rank of 7/10 reflects a positive recent performance trend.
What Are Gurus and Insiders Doing with CVNA?Currently, 11 gurus hold shares of Carvana, with 4 increasing their positions and 7 reducing their stakes in recent quarters. This mixed activity among gurus suggests varied opinions on the stock's future prospects, but a majority trimming their positions could indicate caution.
Furthermore, insider activity presents a concerning trend, as insiders have sold a net $426.6 million in shares over the past 12 months, despite only $1.5 million in purchases. This substantial net selling could signal a lack of confidence in the company's near-term performance, which potential investors should consider when evaluating the stock.
What This Means for InvestorsBased on the GF Value™ assessment, Carvana Co
CVNA +8.37% 73
appears to be undervalued at its current price of $70.44, presenting a potential investment opportunity. However, with significant insider selling and mixed guru activity, investors should approach with caution and thoroughly assess the risks involved. For more detailed information, you can visit the Carvana Co (CVNA) stock page.
Frequently Asked QuestionsWhat is CVNA's GF Score™?
The GF Score™ for CVNA is 73/100, indicating that the stock performs above average across several key metrics.
Is CVNA overvalued or undervalued?
CVNA is currently undervalued, with a GF Value™ estimate of $81.47 compared to its market price of $70.44.
What is CVNA's P/E ratio?
CVNA's P/E ratio is 39.0x, which is significantly below its 5-year median of 69.7x, indicating that the stock is trading at a lower valuation compared to its historical levels.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Carvana shares climbed as much as 9.3% Wednesday (Aug. 19), after dropping 14% over the previous two days, when a report said billionaire Mark Walter wouldn't be able to immediately sell his stake in the online car retailer, Bloomberg reported Wednesday.
Carvana shares are headed for a double-digit weekly loss as a federal investigation into billionaire Mark Walter shines a spotlight on his minority stake in the online used-car retailer.
The stock dropped more than 7% on Tuesday, one day after a similar-sized decline on Monday. The shares rebounded modestly Wednesday but remain down about 10% for the week.
The pressure came after The Wall Street Journal reported that federal prosecutors and the Securities and Exchange Commission are investigating Walter and businesses tied to his financial empire over whether financial relationships were concealed while more than $20 billion was routed through insurance companies he controls.
Carvana 5 days
Walter's connection to Carvana is significant. He indirectly controls CVAN Holdings LLC, which owned 8% of the company's Class B common stock as of March 10, according to Carvana's proxy statement.
Insider selling this week could have also contributed to the share price weakness. One Carvana director disclosed the sale of 30,000 shares at prices around $74. The transactions generated roughly $2.1 million in proceeds, according to a regulatory filing, and involved the exercise of stock options that were set to expire in 2027.
Under the radarWalter, the chief executive officer of Guggenheim Partners, the owner of the Los Angeles Dodgers and controlling owner of the LA Lakers, has agreed to sell the basketball franchise for $12.5 billion amid the federal probe. The scrutiny raised questions about what could happen to his Carvana position if fallout from the investigation pressures him to raise cash.
Carvana disclosed in its March proxy that a private consumer products company issued Carvana a warrant in June 2025 to purchase shares of its common stock. Carvana valued the warrant at $1.5 million as of the end of 2025, with tranches vesting through 2029 based on performance goals. The company said Walter "has a substantial ownership interest in the warrant issuer."
Investor and SubStack writer Herb Greenberg said that relationship had attracted little attention before the investigation thrust Walter's financial dealings into the spotlight.
"That's been out there and because it's already been disclosed, it fell under the radar oddly and nobody paid attention," Greenberg said. "What happens when he has to sell and who's going to buy it? Historically Carvana has always found a way to get out of these kind of jams."
Carvana has faced several controversies over the years, including short seller accusations and regulatory penalties.
Officials at Tempe, Arizona-based Carvana weren't immediately available for comment.
Shares of Carvana (NYSE:CVNA | CVNA Price Prediction) are down 7% to $65.50 Tuesday morning, extending a slide that has left Carvana stock lower for 2026 even as the used-vehicle disruptor just posted its best quarter on record. The move puts the year-to-date figure squarely at odds with the operating story.
Through Monday’s close, Carvana stock was down 17% year to date (YTD). CarMax stock, meanwhile, was up 51% over the same stretch. That inversion is the headline, and it puts pressure on the original thesis that Carvana’s online-first model was uniquely defensible against traditional dealers.
Record Quarter, Falling Stock Carvana’s Q2 2026 report on July 29 delivered all-time records. Total revenue reached $7.4 billion, up 52% versus Q2 2025, net income was $513 million, up 66.6%, and retail units sold hit 197,325, up 38%.
Carvana’s gross profit per unit was $7,014, down 5.4%, the one operating metric moving the wrong way. Online used-vehicle inventory at Carvana reached roughly 77,000 as of June 30, up from 75,000 at year-end 2025 and 53,000 a year earlier.
CEO Ernie Garcia III flagged inventory as a drag on the July 29 call, stating “Inventory has undergrown sales over the last several months, and that certainly creates a headwind to just the overall business. The team’s got a great plan, and we’re confident they’ll catch up and hopefully surpass it in the not-too-distant future.” The comment framed inventory build as a near-term margin headwind rather than a demand problem.
Garcia frames Carvana’s growth as a virtuous circle where more inventory drives more sales, sales make marketing more efficient, and demand pulls in more inventory. The company is also integrating ADESA, acquired in 2022, across 56 U.S. locations, with a stated goal of selling 3 million used cars annually within five to 10 years.
The Bear Debate Retail investor debate on Stocktwits has moved past the quarterly beat at Carvana. Community threads flag skepticism about the business model, concerns over aggressive accounting, elevated institutional short interest, and recent reports of federal scrutiny of related-party transactions.
None of those concerns are established fact against Carvana, and the company holds 2% of the U.S. used retail vehicle market with capacity for 1.5 million annual retail units and real estate to scale to 3 million. Yet the friction between short holders and long holders has widened, and Carvana stock reflects that unease more than the record quarter.
Peers Sit Flat as CarMax Runs CarMax (NYSE:KMX) stock is down 0.4% to $58.29 Tuesday, with CarMax shares up 51% year to date through Monday’s close. The company runs more than 255 stores, with digital capabilities supporting 84% of retail unit sales, and CarMax Auto Finance originated $8 billion in loans in fiscal 2026 against a $16 billion portfolio.
Meanwhile, Lithia Motors (NYSE:LAD) stock is down 0.4% to $367.91, with Lithia shares up 12% year to date through Monday. The company operates the largest global automotive retail footprint, including Driveway.com, GreenCars.com, and Driveway Finance Corporation across the U.S., U.K. and Canada.
Also, AutoNation (NYSE:AN) stock is down 0.8% to $203.43, with AutoNation shares down 0.7% year to date through Monday. The company runs franchised dealerships nationwide, and AutoNation Finance carries a portfolio exceeding $2.7 billion.
The read is straightforward. The incumbents have built their own digital storefronts and captive-finance arms, which weakens the argument that Carvana’s online model is uniquely defensible. CarMax’s large 2026 gain against Carvana’s decline is the clearest expression of that shift.
The Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) shares are down 2% year to date through Monday’s close. The fund holds Carvana among many constituents, so it offers a loose read on used-vehicle retail, with concentration in a small number of large consumer names and no leverage.
What to Watch Investors could look for signs that Carvana’s inventory growth catches up to sales in coming quarters. Any formal disclosure tied to the reported scrutiny of related-party transactions could reframe the bear case at Carvana.
Carvana’s gross profit per unit is the other line to track, since it was the sole operating metric moving the wrong way last quarter. Stabilization there would blunt one of the loudest points in the short thesis.
On the peer side, CarMax’s late-fall Strategic Update under new CEO Keith Barr is the next major catalyst for the incumbents. A credible turnaround plan could sustain the KMX rerating and keep pressure on the argument that Carvana’s model is uniquely defensible.
Contact [email protected] for any questions or corrections.
The S&P 500 (^GSPC -0.52%) fell 0.50% to 7,747, the Nasdaq Composite (^IXIC -0.32%) slipped 0.31% to 26,647, and the Dow Jones Industrial Average (^DJI -0.51%) lost 0.51% to 53,460 as indices drifted near record levels ahead of pivotal retail corporate earnings reports.
Gold prices rose 0.80% to $4,472.90 as of U.S. market close, and the 10-Year Treasury yield climbed 0.05% to 4.68% while Industrials led sector gainers, Communication Services finished as the primary laggard, and Utilities also fell.
Today's biggest movesSpace Exploration Technologies (SPCX +4.45%) shares rebounded 4.5% on new positive notes from analysts, while Carvana (CVNA -7.28%) was today's biggest loser on the S&P 500, dropping 7.3%.
Sandisk (SNDK +8.88%) gained 9% as memory chipmakers showed strength, though Meta Platforms (META -3.54%) faced selling pressure amid broader communications sector weakness.
What this means for investorsIt was a largely unspectacular day for the market, as investors mostly seemed curious to see how earnings from retailers like Walmart (WMT -0.81%), Home Depot (HD -0.29%), and Target (TGT -2.25%) will turn out this week. In this sense, it seemed like a "risk-off" day as the market took a wait-and-see approach on further buying.
The U.S. 30-year Treasury yield hit 5.3% -- its highest mark since 2007 -- highlighting this cautious stance. As bond yields rise alongside the potential for rising interest rates from the Fed, it will be interesting to see how growth stocks fare -- especially those tied to the AI realm.
Really, there was no single major event that caused the market to dip today. With U.S. markets still near an all-time high, today's breather is nothing to panic over one way or the other.
Josh Kohn-Lindquist has positions in Space Exploration Technologies. The Motley Fool has positions in and recommends Home Depot, Meta Platforms, Target, and Walmart. The Motley Fool has a disclosure policy.
Po rekordech z minulého týdne začíná ten nový v opatrnostním módu. I nadále investoři ostře sledují napjatou situaci na Blízkém Východě, rostoucí ceny ropy a tento týden je to především zápis z červencového zasedání FED. Očekávaný růst sazeb se postupně zaceňuje do cen dluhopisů. Pokračuje výsledková sezóna tento týden zaměřená na maloobchodní giganty.
Index Dow Jones -0,51 % na 53459,78 b.
S&P 500 -0,52 % na 7745,06 b.
Nasdaq Composite -0,32 % na 26644,91 b.
Index S&P 500 -0,52 % na 7745,06 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Energie +0,9 % Komunikační služby -1,5 % Informační technologie -0,2 % Nezbytná spotřeba -1,5 % Průmysl -0,2 % Finanční sektor -1 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Sandisk Corp (SNDK) +8,9 % Carvana (CVNA) -7,3 % Coherent Corp (COHR) +7,8 % Charter Communications (CHTR) -6,6 % Comfort Systems USA (FIX) +6,0 % Constellation Brands (STZ) -6,2 % Teradyne (TER) +5,8 % Align Technology (ALGN) -5,6 % Applied Materials (AMAT) +5,6 % Trade Desk (TTD) -5,2 %
Martin Varecha
Fio banka, a.s.
Prohlášení
Carvana Co. (CVNA) J.P. Morgan Automotive Conference August 12, 2026 10:10 AM EDT
Company Participants
Mark Jenkins - Chief Financial Officer
Conference Call Participants
Rajat Gupta - JPMorgan Chase & Co, Research Division
Presentation
Rajat Gupta
JPMorgan Chase & Co, Research Division
Great. Thanks, everyone. My name is Rajat Gupta, member of the Automotive Equity Research team. Very pleased to have with us CFO of Carvana, Mark Jenkins. And thanks, Mark, for being here.
Mark Jenkins
Chief Financial Officer
Yes. It's great to be here. I think Rajat mentioned that it's our sixth consecutive year at the conference. So always great to be here and happy to be speaking with you all. Okay. So I thought today, I would start with just a few slides about what's happening in the business today. Where are we from a growth perspective? And what are some of the key drivers of that growth? It will be a relatively short discussion, then we'll hand it over to Rajat for Q&A. So we have -- and that's the typical safe harbor on the first slide.
Okay. So we're having a very strong growth year so far. I think there's a few different ways to look at our growth performance and I think I can start just by comparing our growth within our industry. So we're now at the scale where we're selling around 800,000 used vehicles per year, just under that run rate in Q2, and we're growing at 38% year-over-year. So that's very significant growth at very significant scale within our industry. And moreover, we achieved that growth in Q2 of 38% retail units sold growth year-over-year in an industry that was down low to mid-single digits year-over-year.
So we're really making very significant share gains. We have a model that's built to scale, and
PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling cars, today announced the successful upsize and pricing of a Senior Secured Term Loan B Facility in an aggregate principal amount of $1.66 billion (the “Term Loan B”). The company intends to use proceeds from the Term Loan B, together with cash on hand, to redeem in full the Company's 9.00% Senior Secured Notes due 2030. Over the past 10 quarters, Carvana has generated industry-leading growth.
