Carvana (NYSE:CVNA) Price Target Lowered to $390.00 at Evercore

Carvana (NYSE:CVNA) had its price target lowered by Evercore from $430.00 to $390.00 in a research note released on Thursday, MarketBeat reports.

Several other analysts have also recently issued reports on the stock. DA Davidson set a $360.00 target price on shares of Carvana in a research note on Thursday, October 30th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $460.00 price objective on shares of Carvana in a research report on Thursday, October 30th. Weiss Ratings restated a “hold (c)” rating on shares of Carvana in a research report on Monday, December 29th. UBS Group raised their price target on Carvana from $450.00 to $545.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Finally, Jefferies Financial Group lifted their price target on Carvana from $475.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Nineteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $453.55.

Carvana Stock Performance

NYSE CVNA opened at $332.67 on Thursday. The company’s 50 day moving average is $425.42 and its 200-day moving average is $381.76. The company has a quick ratio of 2.55, a current ratio of 4.05 and a debt-to-equity ratio of 1.63. Carvana has a 12-month low of $148.25 and a 12-month high of $486.89. The firm has a market cap of $72.37 billion, a P/E ratio of 41.38 and a beta of 3.57.

Carvana (NYSE:CVNA) last issued its quarterly earnings data on Wednesday, February 18th. The company reported $4.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $3.12. The business had revenue of $5.60 billion for the quarter, compared to analysts’ expectations of $5.24 billion. Carvana had a return on equity of 61.70% and a net margin of 6.92%.The firm’s quarterly revenue was up 58.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.56 EPS. Sell-side analysts predict that Carvana will post 2.85 earnings per share for the current year.

Insider Buying and Selling

In related news, COO Benjamin E. Huston sold 40,000 shares of the company’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $439.50, for a total transaction of $17,580,000.00. Following the completion of the sale, the chief operating officer directly owned 100,758 shares in the company, valued at $44,283,141. This represents a 28.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Michael E. Maroone sold 30,928 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $400.34, for a total transaction of $12,381,715.52. Following the completion of the sale, the director directly owned 143,573 shares in the company, valued at approximately $57,478,014.82. This trade represents a 17.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 420,351 shares of company stock valued at $179,589,049 over the last quarter. Company insiders own 17.12% of the company’s stock.

Hedge Funds Weigh In On Carvana

Several hedge funds have recently made changes to their positions in CVNA. Vanguard Group Inc. lifted its stake in Carvana by 24.7% in the fourth quarter. Vanguard Group Inc. now owns 16,783,101 shares of the company’s stock worth $7,082,804,000 after acquiring an additional 3,328,115 shares during the period. State Street Corp raised its holdings in Carvana by 93.7% in the 4th 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 in the last quarter. Capital Research Global Investors lifted its position in shares of Carvana by 42.9% in the 4th quarter. Capital Research Global Investors now owns 5,700,953 shares of the company’s stock worth $2,405,959,000 after purchasing an additional 1,711,144 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Carvana by 8.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,726,838 shares of the company’s stock valued at $7,481,081,000 after purchasing an additional 1,407,762 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Carvana by 55.4% during the 4th 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 in the last quarter. 56.71% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Q4 results beat expectations: Carvana reported record fourth?quarter revenue (+58% YoY) and a sizeable EPS beat, with management highlighting strong unit sales and improving operating metrics — a fundamental positive that supports the “comeback” thesis. Carvana Q4 Earnings Beat on Higher-Than-Expected Vehicle Sales
• Positive Sentiment: Company release / investor materials: Carvana posted a shareholder letter, slide deck and call transcript that emphasize record unit economics and cash generation improvements — useful for investors focused on long?term recovery. Carvana Q4 Press Release & Slide Deck
• Neutral Sentiment: Mixed analyst actions: Several firms trimmed 12?month targets (Bank of America, Evercore, Wells Fargo, BTIG, Citigroup, etc.) but many kept buy/overweight ratings — this narrows upside expectations while leaving institutional support intact. Citigroup Adjusts Price Target on Carvana
• Negative Sentiment: DA Davidson downgrade and lower target triggered a pre?market gap down: DA Davidson cut its target sharply (to $320) and moved to neutral, which directly pressured the stock in premarket trading. Carvana (NYSE:CVNA) Shares Gap Down After Analyst Downgrade
• Negative Sentiment: Regulatory / legal risk: A law firm investigation into potential securities fraud was announced, increasing short?term downside risk and adding headline volatility until the matter is resolved. Carvana Investors Should Contact Block & Leviton
• Negative Sentiment: Profitability metrics and guidance concerns: Despite the headline beat, analysts and media flagged weaker-than-expected profit margins, ambiguous near?term visibility and accounting questions discussed on the earnings call — reasons cited for the post?earnings selloff. Carvana’s Comeback Narrative Tested by Accounting Scrutiny, Profitability Metrics
• Negative Sentiment: Insider selling highlighted: Data showed substantial insider share sales over recent months, which investors often interpret as a negative signal for near?term sentiment. Carvana Co. (CVNA) Stock Falls on Q4 2025 Earnings

About Carvana

Carvana Co is an online-only retailer of used vehicles that operates a consumer-facing e-commerce platform for buying and selling cars. The company markets and sells inspected, reconditioned pre-owned vehicles through its website, where shoppers can browse inventory, view detailed 360-degree photos and vehicle history reports, finance purchases, and arrange delivery or pickup. Carvana’s model is built around a digital end-to-end car buying experience that aims to simplify vehicle transactions compared with traditional dealerships.

Its products and services include direct retail sales of used cars, trade-in and purchase offers for consumer vehicles, vehicle financing and related protection products, and a seven-day return policy that allows customers to test a vehicle in everyday use.