Carvana (NYSE:CVNA) Price Target Raised to $465.00

Carvana (NYSE:CVNA) had its price objective boosted by stock analysts at JPMorgan Chase & Co. from $455.00 to $465.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 17.44% from the company’s current price.

CVNA has been the subject of a number of other reports. Barclays reiterated an “overweight” rating and issued a $475.00 price objective (up from $430.00) on shares of Carvana in a report on Thursday. Evercore boosted their price target on Carvana from $390.00 to $400.00 in a research report on Tuesday. Wedbush lowered their price objective on Carvana from $500.00 to $425.00 and set an “outperform” rating on the stock in a report on Thursday, February 19th. Stephens reissued an “overweight” rating and issued a $519.00 price objective on shares of Carvana in a research note on Thursday, February 19th. Finally, Weiss Ratings lowered Carvana from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $461.18.

Carvana Stock Down 0.2%

NYSE:CVNA traded down $0.63 during mid-day trading on Thursday, reaching $395.96. The stock had a trading volume of 5,786,431 shares, compared to its average volume of 3,617,951. The stock has a market cap of $86.65 billion, a P/E ratio of 49.25 and a beta of 3.61. The business’s 50 day moving average is $335.67 and its 200 day moving average is $371.79. The company has a debt-to-equity ratio of 1.15, a current ratio of 4.31 and a quick ratio of 2.73. Carvana has a fifty-two week low of $245.00 and a fifty-two week high of $486.89.

Shares of Carvana are scheduled to split before the market opens on Thursday, May 7th. The 5-1 split was announced on Friday, March 13th. The newly minted shares will be distributed to shareholders after the market closes on Wednesday, May 6th.

Carvana (NYSE:CVNA) last posted its earnings results on Wednesday, April 29th. The company reported $1.69 EPS for the quarter, topping the consensus estimate of $1.52 by $0.17. Carvana had a net margin of 6.92% and a return on equity of 50.96%. The company had revenue of $6.43 billion during the quarter, compared to the consensus estimate of $6.01 billion. As a group, sell-side analysts predict that Carvana will post 6.97 earnings per share for the current year.

Insider Activity at Carvana

In related news, Director J Danforth Quayle sold 2,900 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $309.97, for a total transaction of $898,913.00. Following the completion of the transaction, the director owned 41,913 shares of the company’s stock, valued at approximately $12,991,772.61. The trade was a 6.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Benjamin E. Huston sold 10,000 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $309.86, for a total value of $3,098,600.00. Following the sale, the chief operating officer owned 92,924 shares of the company’s stock, valued at approximately $28,793,430.64. The trade was a 9.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 56,170 shares of company stock valued at $20,020,204. 15.19% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Carvana

Several hedge funds have recently modified their holdings of CVNA. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Carvana during the 4th quarter valued at $29,000. Farmers & Merchants Investments Inc. acquired a new stake in Carvana in the 4th quarter worth $29,000. Motiv8 Investments LLC bought a new position in shares of Carvana during the 4th quarter worth about $33,000. Ascentis Independent Advisors acquired a new position in shares of Carvana during the first quarter valued at about $26,000. Finally, Salomon & Ludwin LLC raised its position in shares of Carvana by 112.5% during the fourth quarter. Salomon & Ludwin LLC now owns 85 shares of the company’s stock valued at $37,000 after buying an additional 45 shares during the last quarter. 56.71% of the stock is owned by institutional investors.

Key Stories Impacting Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Q1 results beat expectations: Carvana reported EPS of $1.69 and revenue of $6.43B, driven by a record 187,393 retail units (?+40% YoY). The print showed stronger-than-expected top- and bottom-line performance, which supports upside to earnings and cash flow. Carvana Q1 Earnings Beat Estimates on Record Retail Unit Growth
• Positive Sentiment: Analysts are raising targets: At least seven firms lifted price targets (Needham to $600, Morgan Stanley to $510, Wells Fargo to $475, BTIG to $485), signaling renewed Wall Street conviction and creating buying momentum from institutional flows. Wall Street Showers Carvana With Price Target Hikes: Is the Used Car Comeback Real?
• Positive Sentiment: Profitability and scale improvements: Management highlighted record GAAP operating income and adjusted EBITDA, and reiterated capacity expansion plans — suggesting operating leverage as sales scale. Carvana Announces Record First Quarter 2026 Results
• Neutral Sentiment: Macro-driven demand thesis: CEO Ernie Garcia noted inflation and rising costs are supporting used-car demand, a cyclical tailwind but one that depends on macro durability. This contextualizes the beat but is macro-dependent. Carvana Sets Records as Inflation Drives Used Car Demand
• Neutral Sentiment: Street view: Broker consensus moved toward a “Moderate Buy” as analysts re-assess growth vs. valuation — helpful for sentiment but not a guarantee of sustained flows. Carvana Co. (NYSE:CVNA) Receives Consensus Rating of “Moderate Buy” from Brokerages
• Negative Sentiment: Margins and cost pressures: Management flagged a dip in per?unit margins and higher operating costs even as unit volumes climbed — a risk to profit expansion if per-unit economics don’t recover. Carvana Q1 Earnings Beat Estimates on Record Retail Unit Growth

Carvana Company Profile

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.