CVNA

Carvana Co

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354.890

+4.15(1.183%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

357.420

Open

351.165

VWAP

352.75

Vol

1.99M

Mkt Cap

76.37B

Low

345.720

Amount

701.37M

EV/EBITDA(TTM)

44.53

Total Shares

119.56M

79.72B

EV/OCF(TTM)

110.11

P/S(TTM)

3.02

Carvana Co. is a holding company. The Company operates an e-commerce platform for buying and selling used cars. The Company primarily acquires used vehicle inventory directly from customers, used car auctions, and wholesale used vehicle suppliers, including retail marketplace partners. Once it acquires a vehicle, the Company leverages its in-house logistics network or a vendor to transport the vehicle to one of its inspection and reconditioning centers (IRC) or auction locations with reconditioning capabilities, at which point the vehicle enters its inventory management system. It offers a mobile-optimized Website, where prospective retail car buyers can immediately begin browsing, researching, filtering, and identifying their vehicle of choice, where it offers an annotated virtual vehicle tour, which includes a 360-degree view of the interior and exterior of the actual vehicle. The Company also offers integrated financing using its loan origination platform.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

5.41B

+27.93%

0.703

-53.99%

4.73B

+33.43%

1.054

-10.65%

4.95B

+35.35%

1.295

+13.82%

Estimates Revision

The market is revising Upward the revenue expectations for Carvana Co. (CVNA) for FY2025, with the revenue forecasts being adjusted by 13.15% over the past three months. During the same period, the stock price has changed by 36.93%.

Revenue Estimates for FY2025

Revise Upward

+13.15%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+44.35%

In Past 3 Month

Stock Price

Go Up

+36.93%

In Past 3 Month

18 Analyst Rating

-0.96% Downside

Wall Street analysts forecast CVNA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CVNA is 351.50 USD with a low forecast of 275.00 USD and a high forecast of 440.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

12 Buy

6 Hold

0 Sell

Moderate Buy

-0.96% Downside

Current: 354.890

Low

275.00

Averages

351.50

High

440.00

-0.96% Downside

Current: 354.890

Low

275.00

Averages

351.50

High

440.00

Oppenheimer

Perform

Outperform

upgrade

$450

2025-07-25

Reason

Oppenheimer

Price Target

$450

2025-07-25

upgrade

Perform

Outperform

Reason

Oppenheimer upgraded Carvana to Outperform from Perform with a $450 price target. The firm views Carvana as a "unique, digitally-driven disruptor" in the "expansive and inefficient" domestic used car marketplace. The company's business model is now generating meaningful cash, scaling, and capitalizing on improving demand trends, the analyst tells investors in a research note. Oppenheimer says that while the shares have rebounded to all-time highs, investors still underappreciate Carvana's near- and longer-term growth and profit potential.

JPMorgan

Overweight

maintain

$325 -> $350

2025-07-21

Reason

JPMorgan

Price Target

$325 -> $350

2025-07-21

maintain

Overweight

Reason

JPMorgan raised the firm's price target on Carvana to $350 from $325 and keeps an Overweight rating on the shares ahead of the Q2 report. The firm expects a modest miss in Q2 for Carvana due to margin normalization. The analyst sees a high near-term bar for EBITDA but believes the company's accelerating shared gains support positive forward estimate revisions.

Wells Fargo

Overweight

maintain

$310 -> $390

2025-07-18

Reason

Wells Fargo

Price Target

$310 -> $390

2025-07-18

maintain

Overweight

Reason

Wells Fargo raised the firm's price target on Carvana to $390 from $310 and keeps an Overweight rating on the shares. The firm expects a mixed bag with upcoming Auto Service/eAuto prints. Carvana's bar is high, and Q2 retail unit upside appears likely, with quarter-to-date momentum intact, Wells says.

Gordon Haskett

Hold

initiated

$329

2025-07-14

Reason

Gordon Haskett

Price Target

$329

2025-07-14

initiated

Hold

Reason

Gordon Haskett initiated coverage of Carvana with a Hold rating and $329 price target.

Gordon Haskett

Robert Mollins

Hold

initiated

$329

2025-07-14

Reason

Gordon Haskett

Robert Mollins

Price Target

$329

2025-07-14

initiated

Hold

Reason

As previously reported, Gordon Haskett analyst Robert Mollins initiated coverage of Carvana with a Hold rating and $329 price target. Carvana is a proven share gainer with room to continue expanding market share. However, with Carvana trading at a material premium to peers and recent tariff-driven demand pull-forward likely to pressure volumes over coming quarters, the firm sees limited multiple expansion ahead. While Carvana is in a stronger financial position than in prior years, Gordon Haskett views the company's 5-10 year growth plan as a show-me story, and will look for sustainable execution against long-term targets before becoming more constructive on the shares.

Citi

Ronald Josey

Buy

maintain

$325 -> $415

2025-07-08

Reason

Citi

Ronald Josey

Price Target

$325 -> $415

2025-07-08

maintain

Buy

Reason

Citi analyst Ronald Josey raised the firm's price target on Carvana to $415 from $325 and keeps a Buy rating on the shares. Citi's retail unit sales tracker on Carvana.com suggests Q2 retail unit sales of 142,000 units in Q2, up 40% year-over-year and 6% quarter-over-quarter. This is 1,000 above the consensus estimate. Citi found it encouraging that its tracker indicted an inventory rise of 36% year-over-year in Q2.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Carvana Co (CVNA.N) is 76.67, compared to its 5-year average forward P/E of -43.57. For a more detailed relative valuation and DCF analysis to assess Carvana Co 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-43.57

Current PE

76.67

Overvalued PE

88.33

Undervalued PE

-175.47

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

318.74

Current EV/EBITDA

21.05

Overvalued EV/EBITDA

1439.59

Undervalued EV/EBITDA

-802.10

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Overvalued

5Y Average PS

1.12

Current PS

2.27

Overvalued PS

1.93

Undervalued PS

0.32