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Carvana (CVNA) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

CVNA Stock Forecast

Carvana stock forecast is as follows: an average price target of $222.15 (represents a -1.03% downside from CVNA’s last price of $224.46) and a rating consensus of 'Buy', based on 28 wall street analysts offering a 1-year stock forecast.

CVNA Price Target

The average price target for Carvana (CVNA) is $222.15 based on 1-year price targets from 28 Wall Street analysts in the past 3 months, with a price target range of $330.00 to $126.00. This represents a potential -1.03% downside from CVNA's last price of $224.46.

CVNA Analyst Ratings

Buy

According to 28 Wall Street analysts, Carvana's rating consensus is 'Buy'. The analyst rating breakdown for CVNA stock is 0 'Strong Buy' (0.00%), 14 'Buy' (50.00%), 12 'Hold' (42.86%), 2 'Sell' (7.14%), and 0 'Strong Sell' (0.00%).

Carvana Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 09, 2024Chris PierceNeedham$330.00$253.1130.38%47.02%
Nov 05, 2024Adam JonasMorgan Stanley$260.00$235.6810.32%15.83%
Oct 31, 2024Alexander PotterPiper Sandler$225.00$207.318.53%0.24%
Oct 31, 2024Chris PierceNeedham$300.00$207.3144.71%33.65%
Oct 31, 2024Craig KennisonRobert W. Baird$240.00$207.3115.77%6.92%
Oct 31, 2024Michael BakerD.A. Davidson$240.00$207.3115.77%6.92%
Oct 31, 2024Marvin FongBTIG$295.00$207.3142.30%31.43%
Oct 23, 2024David LantzWells Fargo$250.00$197.3526.68%11.38%
Oct 09, 2024Michael McGovernBank of America Securities$210.00$190.3010.35%-6.44%
Oct 03, 2024Ronald JoseyCitigroup$195.00$176.1010.73%-13.12%
Sep 23, 2024Chris BottiglieriBNP Paribas$126.00$175.72-28.29%-43.87%
Sep 17, 2024Michael McGovernBank of America Securities$185.00$156.5818.15%-17.58%
Sep 16, 2024Michael MontaniEvercore ISI$157.00$141.9010.64%-30.05%
Sep 11, 2024Jeff LickStephens$190.00$133.5442.28%-15.35%
Aug 01, 2024Brad EricksonRBC Capital$170.00$151.3312.34%-24.26%
Aug 01, 2024Adam JonasMorgan Stanley$110.00$150.33-26.83%-50.99%
Aug 01, 2024David LantzWells Fargo$175.00$133.2331.35%-22.04%
Jul 12, 2024Marvin FongBTIG$155.00$135.5514.35%-30.95%
Jul 10, 2024Chris PierceNeedham$160.00$129.5423.51%-28.72%
May 07, 2024John ColantuoniJefferies$125.00$122.971.65%-44.31%
May 02, 2024Colin SebastianRobert W. Baird$110.00$87.0926.31%-50.99%
May 02, 2024Brad EricksonRBC Capital$130.00$87.0949.27%-42.08%
Apr 19, 2024Colin SebastianRobert W. Baird$65.00$71.15-8.64%-71.04%
Mar 12, 2024John ColantuoniJefferies$85.00$76.2811.43%-62.13%
Mar 08, 2024Brad EricksonRBC Capital$90.00$85.305.51%-59.90%
Jul 25, 2023Daniel ImbroStephens$42.00$44.11-4.78%-81.29%
May 05, 2023Daniel ImbroStephens$9.00$9.20-2.17%-95.99%
Jan 05, 2023Wells Fargo$5.00$4.5410.25%-97.77%
Dec 13, 2022Citigroup$5.50$4.8313.87%-97.55%
Nov 06, 2022Needham NeedhamNeedham$14.00$8.7659.82%-93.76%
Sep 12, 2022Alexander PotterPiper Sandler$73.00$40.3480.98%-67.48%
Jul 23, 2022Adam JonasMorgan Stanley$75.00$25.38195.51%-66.59%
Jul 12, 2022Seth BashamWedbush$50.00$22.07126.55%-77.72%
May 16, 2022Chris PierceNeedham$80.00$38.31108.82%-64.36%
May 13, 2022John ColantuoniJefferies$40.00$37.406.95%-82.18%
May 12, 2022Scott DevittStifel Nicolaus$40.00$30.0033.33%-82.18%
May 11, 2022Rajat GuptaJ.P. Morgan$70.00$36.6890.84%-68.81%
May 03, 2022Wedbush$90.00$57.9255.37%-59.90%
May 02, 2022Stifel Nicolaus$115.00$59.5992.99%-48.77%
May 02, 2022Scott DevittStifel Nicolaus$140.00$58.58139.00%-37.63%
Apr 26, 2022Deutsche Bank$95.00$73.9928.40%-57.68%
Apr 21, 2022Cowen & Co.$230.00$92.50148.65%2.47%
Apr 21, 2022Wedbush$120.00$92.5029.73%-46.54%
Apr 21, 2022Piper Sandler$98.00$92.505.95%-56.34%
Apr 21, 2022Evercore ISI$110.00$92.5018.92%-50.99%
Apr 21, 2022Brad EricksonRBC Capital$85.00$87.17-2.49%-62.13%
Apr 21, 2022Michael MontaniEvercore ISI$110.00$83.1432.31%-50.99%
Apr 21, 2022John ColantuoniJefferies$150.00$83.1480.42%-33.17%
Apr 21, 2022Chris PierceNeedham$121.00$83.1445.54%-46.09%
Apr 20, 2022Zachary FademWells Fargo$150.00$92.5062.16%-33.17%
Apr 19, 2022Stifel Nicolaus$170.00$101.8166.98%-24.26%
Apr 19, 2022Rajat Gupta CFAJ.P. Morgan$140.00$101.7737.57%-37.63%
Apr 19, 2022Brad EricksonRBC Capital$138.00$101.7735.60%-38.52%
Mar 03, 2022Adam JonasMorgan Stanley$360.00$123.33191.90%60.38%
Feb 25, 2022Michael MontaniEvercore ISI$210.00$152.5737.64%-6.44%
Feb 25, 2022John BlackledgeCowen & Co.$300.00$152.5796.63%33.65%
Feb 25, 2022Emmanuel RosnerDeutsche Bank$130.00$152.57-14.79%-42.08%
Feb 24, 2022Scott DevittStifel Nicolaus$180.00$126.0542.80%-19.81%
Feb 24, 2022Colin SebastianRobert W. Baird$200.00$126.0558.67%-10.90%
Feb 24, 2022Zachary FademWells Fargo$200.00$126.0558.67%-10.90%
Feb 03, 2022Nat SchindlerBank of America Securities$320.00$146.94117.78%42.56%
Jan 24, 2022Adam JonasMorgan Stanley$430.00$157.90172.32%91.57%
Jan 07, 2022John ColantuoniJefferies$375.00$184.71103.02%67.07%
Aug 18, 2021Nicholas Jones CFACitigroup$405.00$350.6615.50%80.43%
Aug 09, 2021Ronald JoseyJMP Securities$470.00$356.3431.90%109.39%

The latest Carvana stock forecast, released on Dec 09, 2024 by Chris Pierce from Needham, set a price target of $330.00, which represents a 30.38% increase from the stock price at the time of the forecast ($253.11), and a 47.02% increase from CVNA last price ($224.46).

Carvana Price Target by Period

1M3M12M
# Anlaysts11125
Avg Price Target$330.00$242.82$183.12
Last Closing Price$224.46$224.46$224.46
Upside/Downside47.02%8.18%-18.42%

In the current month, the average price target of Carvana stock is $330.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 47.02% increase as opposed to Carvana's last price of $224.46. This month's average price target is up 35.90% compared to last quarter, and up 80.21% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024NeedhamBuyBuyHold
Oct 31, 2024Piper SandlerNeutralNeutralHold
Oct 31, 2024NeedhamBuyBuyHold
Oct 31, 2024JMP SecuritiesOutperformOutperformHold
Oct 31, 2024BTIGBuyBuyHold
Oct 23, 2024Wells FargoOverweightOverweightHold
Oct 22, 2024Wells FargoMarket OutperformMarket OutperformHold
Oct 22, 2024JefferiesHoldHoldHold
Oct 16, 2024Cowen & Co.BuyBuyHold
Oct 07, 2024WedbushNeutralNeutralHold
Oct 04, 2024StephensOverweightOverweightHold
Oct 03, 2024CitigroupNeutralNeutralHold
Sep 23, 2024Exane BNP ParibasNeutralNeutralHold
Sep 16, 2024Evercore ISIOutperformOutperformHold
Sep 16, 2024Evercore ISIPositivePositiveHold
Sep 11, 2024StephensEqual-WeightOverweightInitialise
Sep 09, 2024Wells FargoMarket OutperformMarket OutperformHold
Aug 05, 2024JefferiesHoldHoldHold
Aug 02, 2024Wells FargoMarket OutperformMarket OutperformHold
Aug 01, 2024RBC CapitalSector PerformSector PerformHold
Aug 01, 2024Morgan StanleyUnderweightUnderweightHold
Aug 01, 2024BTIGBuyBuyHold
Aug 01, 2024NeedhamBuyBuyHold
Aug 01, 2024Wells FargoMarket OutperformOverweightUpgrade
Jul 29, 2024Cowen & Co.HoldHoldHold
Jul 12, 2024Wells FargoMarket OutperformMarket OutperformHold
Jul 12, 2024BTIGBuyInitialise
Jul 10, 2024NeedhamHoldBuyUpgrade
Jun 26, 2024NeedhamHoldHoldHold
Jun 26, 2024Evercore ISINeutralOutperformInitialise
Jun 07, 2024Wells FargoMarket OutperformMarket OutperformHold
Jun 07, 2024JMP SecuritiesOutperformOutperformHold
Jun 03, 2024JefferiesHoldHoldHold
May 07, 2024JefferiesHoldHoldHold
May 06, 2024Morgan StanleyUnderweightUnderweightHold
May 02, 2024Cowen & Co.HoldHoldHold
May 02, 2024Piper SandlerNeutralNeutralHold
May 02, 2024RBC CapitalSector PerformSector PerformHold
Apr 25, 2024WedbushNeutralNeutralHold
Apr 02, 2024WedbushMarket OutperformMarket OutperformHold
Mar 12, 2024RBC CapitalUnderperformUnderperformHold
Mar 12, 2024WedbushMarket OutperformMarket OutperformHold
Mar 08, 2024RBC CapitalUnderweightSector PerformUpgrade
Feb 26, 2024William BlairOutperformMarket OutperformUpgrade
Feb 23, 2024NeedhamHoldHoldHold
Feb 23, 2024RBC CapitalUnderweightUnderweightHold
Feb 23, 2024JMP SecuritiesMarket OutperformMarket OutperformHold
Feb 23, 2024William BlairMarket PerformOutperformUpgrade
Feb 21, 2024WedbushNeutralNeutralHold
Dec 04, 2023Deutsche BankBuyNeutralUpgrade
Sep 18, 2023Deutsche BankHoldBuyUpgrade
Sep 18, 2023WedbushUnderperformNeutralUpgrade
Sep 18, 2023GuggenheimBuyUpgrade
Sep 18, 2023RBC CapitalUnderperformOutperformUpgrade
Sep 18, 2023Cowen & Co.UnderperformOutperformUpgrade
Sep 18, 2023Evercore ISIOutperformNeutralDowngrade
Sep 18, 2023William BlairMarket PerformDowngrade
Sep 18, 2023JefferiesBuyHoldDowngrade
Aug 11, 2023Morgan StanleyCautiousCautiousHold
Jul 25, 2023StephensEqual-WeightEqual-WeightHold
Jul 24, 2023Wolfe ResearchOutperformInitialise
Jul 24, 2023Wells FargoEqual-WeightEqual-WeightHold
Jul 20, 2023Raymond JamesMarket PerformMarket PerformHold
Jul 20, 2023WedbushUnderperformUnderperformHold
Jul 20, 2023RBC CapitalOutperformUnderperformDowngrade
Jul 12, 2023JMP SecuritiesOutperformOutperformHold
May 05, 2023NeedhamHoldHoldHold
May 05, 2023StephensEqual-WeightEqual-WeightHold
May 05, 2023Piper SandlerOverweightOverweightHold
Jan 05, 2023Wells FargoEqual-WeightEqual-WeightHold
Dec 28, 2022WedbushUnderperformUnderperformHold
Dec 09, 2022NeedhamBuyHoldDowngrade
Dec 07, 2022WedbushNeutralUnderperformDowngrade
Dec 02, 2022Robert W. BairdNeutralDowngrade
Nov 21, 2022Argus ResearchSellDowngrade
Nov 15, 2022OppenheimerPerformDowngrade
Nov 04, 2022NeedhamBuyBuyHold
Oct 20, 2022Piper SandlerNeutralNeutralHold
Oct 19, 2022Wells FargoEqual-WeightEqual-WeightHold
Oct 18, 2022WedbushCautiousNeutralDowngrade
Oct 18, 2022WedbushCautiousCautiousHold
Sep 12, 2022Sandler O'NeillBuyUpgrade
Sep 12, 2022Bank of America SecuritiesBuyUpgrade
Sep 12, 2022Cowen & Co.OutperformUnderperformInitialise
Sep 12, 2022Morgan StanleyOverweightOverweightInitialise
Sep 12, 2022Piper SandlerOverweightUpgrade
Aug 08, 2022J.P. MorganHoldNeutralDowngrade
Aug 05, 2022NeedhamBuyBuyHold
Jul 27, 2022Dawson JamesNeutralUpgrade
Jul 27, 2022Raymond JamesMarket PerformNeutralUpgrade
Jul 27, 2022Raymond JamesMarket PerformUpgrade
Jul 05, 2022WedbushOutperformOutperformHold
May 16, 2022Cowen & Co.OutperformOutperformHold
May 16, 2022NeedhamBuyBuyHold
May 13, 2022JefferiesBuyDowngrade
May 11, 2022Stifel NicolausBuyBuyDowngrade
May 11, 2022Burrill & CompanyHoldDowngrade
May 11, 2022J.P. MorganHoldHoldHold
Apr 28, 2022Stifel NicolausBuyBuyHold
Apr 26, 2022Deutsche BankHoldHoldHold
Mar 03, 2022Morgan StanleyOverweightOverweightHold
Feb 28, 2022Deutsche BankHoldHoldHold
Feb 25, 2022Evercore ISIOutperformUpgrade
Feb 25, 2022Cowen & Co.OutperformOutperformHold
Feb 25, 2022RBC CapitalOutperformOutperformHold
Feb 25, 2022NeedhamBuyBuyHold
Jan 24, 2022Morgan StanleyOverweightOverweightHold
Sep 23, 2020Goldman SachsBuyUpgrade
Sep 23, 2020StephensStrong SellUpgrade

Carvana's last stock rating was published by Needham on Dec 09, 2024. The company gave CVNA a "Buy" rating, the same as its previous rate.

Carvana Financial Forecast

Carvana Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$2.77B$2.97B$2.61B$2.84B$3.39B$3.88B$3.50B$3.75B$3.48B$3.34B$2.25B$1.83B$1.54B$1.12B$1.10B$1.10B$1.09B
Avg Forecast$4.22B$4.66B$4.54B$4.16B$3.76B$4.12B$3.97B$3.64B$3.29B$3.47B$3.26B$2.70B$2.56B$2.81B$2.61B$2.64B$3.06B$3.70B$3.97B$3.40B$3.52B$3.28B$2.46B$1.96B$1.61B$1.53B$1.16B$1.13B$1.10B$997.39M
High Forecast$4.59B$5.07B$4.94B$4.52B$4.08B$4.48B$4.31B$3.87B$3.53B$3.51B$3.26B$2.70B$2.69B$2.82B$2.83B$2.87B$3.33B$3.70B$3.97B$3.40B$3.52B$3.28B$2.46B$1.96B$1.61B$1.53B$1.16B$1.13B$1.10B$997.39M
Low Forecast$3.89B$4.30B$4.19B$3.83B$3.46B$3.80B$3.66B$3.41B$3.14B$3.43B$3.26B$2.70B$2.39B$2.80B$2.40B$2.43B$2.82B$3.70B$3.97B$3.40B$3.52B$3.28B$2.46B$1.96B$1.61B$1.53B$1.16B$1.13B$1.10B$997.39M
# Analysts644643791498916889127781388999991313
Surprise %-------------0.99%1.14%0.99%0.93%0.92%0.98%1.03%1.07%1.06%1.36%1.14%1.14%1.01%0.96%0.97%1.00%1.10%

Carvana's average Quarter revenue forecast for Dec 23 based on 16 analysts is $2.56B, with a low forecast of $2.39B, and a high forecast of $2.69B. CVNA's average Quarter revenue forecast represents a -7.60% decrease compared to the company's last Quarter revenue of $2.77B (Sep 23).

Carvana EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643791498916889127781388999991313
EBITDA-------------$49.00M$47.00M$-36.00M$-441.00M$-277.00M$-258.00M$-405.00M$-93.00M$42.00M$89.00M$16.00M$20.76M$31.90M$-3.52M$-15.21M$17.93M$-7.35M
Avg Forecast$-133.65M$-147.57M$-143.71M$-131.55M$-118.86M$-130.33M$-125.55M$-115.14M$-104.01M$-109.79M$-103.11M$-485.66M$-81.06M$-88.81M$-82.48M$-441.51M$-96.89M$-131.32M$-141.00M$-401.37M$-124.76M$-116.23M$216.49M$-69.66M$-57.07M$-54.42M$-41.15M$-11.61M$-39.08M$-35.40M
High Forecast$-123.15M$-135.98M$-132.43M$-121.21M$-109.52M$-120.09M$-115.69M$-107.79M$-99.33M$-108.63M$-103.11M$-388.53M$-75.66M$-88.52M$-76.00M$-353.21M$-89.28M$-131.32M$-141.00M$-321.10M$-124.76M$-116.23M$259.78M$-69.66M$-57.07M$-54.42M$-41.15M$-9.29M$-39.08M$-35.40M
Low Forecast$-145.27M$-160.41M$-156.21M$-142.98M$-129.19M$-141.66M$-136.47M$-122.48M$-111.82M$-110.94M$-103.11M$-582.79M$-85.19M$-89.10M$-89.65M$-529.81M$-105.32M$-131.32M$-141.00M$-481.64M$-124.76M$-116.23M$173.19M$-69.66M$-57.07M$-54.42M$-41.15M$-13.93M$-39.08M$-35.40M
Surprise %--------------0.55%-0.57%0.08%4.55%2.11%1.83%1.01%0.75%-0.36%0.41%-0.23%-0.36%-0.59%0.09%1.31%-0.46%0.21%

16 analysts predict CVNA's average Quarter EBITDA for Dec 23 to be $-81.06M, with a high of $-75.66M and a low of $-85.19M. This is -265.43% lower than Carvana's previous annual EBITDA (Sep 23) of $49.00M.

Carvana Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643791498916889127781388999991313
Net Income-------------$782.00M$-58.00M$-286.00M$-1.59B$-283.00M$-439.00M$-260.00M$-182.00M$-32.00M$22.00M$-36.00M$-63.34M$-7.08M$-40.83M$-59.89M$-20.48M$-39.02M
Avg Forecast$131.55M$167.61M$138.23M$128.21M$68.86M$101.50M$85.07M$59.30M$32.97M$40.49M$-5.90M$-311.78M$-113.12M$-93.79M$-157.82M$-283.44M$-74.02M$-244.64M$-247.94M$-257.67M$-101.41M$-35.30M$53.51M$-87.30M$-62.53M$-37.03M$-104.75M$-45.69M$-79.75M$-50.46M
High Forecast$146.42M$186.56M$153.85M$142.70M$76.64M$112.97M$94.69M$67.26M$47.48M$45.07M$-5.29M$-249.42M$-59.54M$-84.21M$-141.70M$-226.75M$-59.22M$-244.64M$-247.94M$-206.14M$-101.41M$-35.30M$64.22M$-87.30M$-62.53M$-37.03M$-104.75M$-36.55M$-79.75M$-50.46M
Low Forecast$118.12M$150.49M$124.11M$115.12M$61.82M$91.14M$76.39M$54.87M$6.59M$36.35M$-6.56M$-374.14M$-141.70M$-104.39M$-175.66M$-340.12M$-88.83M$-244.64M$-247.94M$-309.20M$-101.41M$-35.30M$42.81M$-87.30M$-62.53M$-37.03M$-104.75M$-54.83M$-79.75M$-50.46M
Surprise %--------------8.34%0.37%1.01%21.53%1.16%1.77%1.01%1.79%0.91%0.41%0.41%1.01%0.19%0.39%1.31%0.26%0.77%

Carvana's average Quarter net income forecast for Dec 23 is $-113.12M, with a range of $-141.70M to $-59.54M. CVNA's average Quarter net income forecast represents a -114.47% decrease compared to the company's last Quarter net income of $782.00M (Sep 23).

Carvana SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643791498916889127781388999991313
SG&A-------------$433.00M$452.00M$472.00M$632.00M$656.00M$721.00M$727.00M$620.00M$546.00M$470.00M$397.00M$342.67M$267.84M$239.93M$275.71M$241.66M$207.97M
Avg Forecast$783.88M$865.55M$842.92M$771.55M$697.12M$764.40M$736.40M$675.29M$610.05M$643.92M$604.74M$871.79M$475.43M$520.91M$483.77M$792.53M$515.66M$686.63M$737.26M$720.48M$652.32M$607.72M$1.14B$364.26M$298.43M$284.53M$215.18M$210.35M$204.34M$185.07M
High Forecast$852.04M$940.81M$916.21M$838.63M$757.74M$830.86M$800.43M$718.40M$655.85M$650.69M$604.75M$1.05B$499.67M$522.62M$525.83M$951.04M$618.79M$686.63M$737.26M$864.58M$652.32M$607.72M$1.37B$364.26M$298.43M$284.53M$215.18M$252.42M$204.34M$185.07M
Low Forecast$722.30M$797.56M$776.70M$710.94M$642.36M$704.35M$678.55M$632.19M$582.57M$637.16M$604.74M$697.43M$443.74M$519.21M$445.76M$634.03M$412.53M$686.63M$737.26M$576.39M$652.32M$607.72M$914.59M$364.26M$298.43M$284.53M$215.18M$168.28M$204.34M$185.07M
Surprise %-------------0.83%0.93%0.60%1.23%0.96%0.98%1.01%0.95%0.90%0.41%1.09%1.15%0.94%1.12%1.31%1.18%1.12%

Carvana's average Quarter SG&A projection for Dec 23 is $475.43M, based on 16 Wall Street analysts, with a range of $443.74M to $499.67M. The forecast indicates a 9.80% rise compared to CVNA last annual SG&A of $433.00M (Sep 23).

Carvana EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643791498916889127781388999991313
EPS-------------$7.05$-0.00$-2.70$-15.05$-2.67$-4.33$-2.89$-2.09$-0.38$0.27$-0.46$-0.87$-0.10$-0.62$-1.19$-0.41$-0.78
Avg Forecast$0.98$1.25$1.03$0.96$0.52$0.76$0.64$0.44$0.25$0.30$-0.04$-0.67$-0.85$-0.70$-1.18$-2.13$-2.18$-1.90$-1.93$-1.58$-0.79$-0.27$-0.39$-0.68$-0.49$-0.29$-0.82$-0.63$-0.62$-0.39
High Forecast$1.10$1.40$1.15$1.07$0.57$0.85$0.71$0.50$0.36$0.34$-0.04$-0.60$-0.45$-0.63$-1.06$-1.91$-1.96$-1.90$-1.93$-1.58$-0.79$-0.27$-0.39$-0.68$-0.49$-0.29$-0.82$-0.63$-0.62$-0.39
Low Forecast$0.88$1.13$0.93$0.86$0.46$0.68$0.57$0.41$0.05$0.27$-0.05$-0.75$-1.06$-0.78$-1.32$-2.37$-2.42$-1.90$-1.93$-1.58$-0.79$-0.27$-0.39$-0.68$-0.49$-0.29$-0.82$-0.63$-0.62$-0.39
Surprise %--------------10.04%0.00%1.27%6.91%1.40%2.24%1.83%2.65%1.38%-0.69%0.68%1.79%0.35%0.76%1.89%0.66%1.99%

According to 16 Wall Street analysts, Carvana's projected average Quarter EPS for Dec 23 is $-0.85, with a low estimate of $-1.06 and a high estimate of $-0.45. This represents a -112.01% decrease compared to CVNA previous annual EPS of $7.05 (Sep 23).

Carvana Peer Comparison by Price Target

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VRMVroom$5.01$17.02239.72%Hold
ANAutoNation$170.49$229.0034.32%Buy
KMXCarMax$83.12$84.291.41%Buy
LADLithia Motors$370.77$363.00-2.10%Buy
ABGAsbury Automotive Group$252.30$236.50-6.26%Hold
CVNACarvana$253.70$222.15-12.44%Buy

CVNA Forecast FAQ

Is Carvana a good buy?

Yes, according to 28 Wall Street analysts, Carvana (CVNA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 50.00% of CVNA's total ratings.

What is CVNA's price target?

Carvana (CVNA) average price target is $222.15 with a range of $126 to $330, implying a -1.03% from its last price of $224.46. The data is based on 28 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Carvana stock go up soon?

According to Wall Street analysts' prediction for CVNA stock, the company can go down by -1.03% (from the last price of $224.46 to the average price target of $222.15), up by 47.02% based on the highest stock price target, and down by -43.87% based on the lowest stock price target.

Can Carvana stock reach $300?

CVNA's highest twelve months analyst stock price target of $330 supports the claim that Carvana can reach $300 in the near future.

What is Carvana's current price target trend?

1 Wall Street analyst forecast a $330 price target for Carvana (CVNA) this month, up 47.02% from its last price of $224.46. Compared to the last 3 and 12 months, the average price target increased by 8.18% and decreased by -18.42%, respectively.

What are Carvana's analysts' financial forecasts?

Carvana's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $15.48B (high $16.75B, low $14.32B), average EBITDA is $-490M (high $-453M, low $-530M), average net income is $314.73M (high $351.57M, low $284.22M), average SG&A $2.87B (high $3.11B, low $2.66B), and average EPS is $2.36 (high $2.63, low $2.13). CVNA's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $17.59B (high $19.12B, low $16.21B), average EBITDA is $-556M (high $-513M, low $-605M), average net income is $565.61M (high $629.54M, low $507.84M), average SG&A $3.26B (high $3.55B, low $3.01B), and average EPS is $4.23 (high $4.71, low $3.8).

Did the CVNA's actual financial results beat the analysts' financial forecasts?

Based on Carvana's last annual report (Dec 2022), the company's revenue was $13.6B, which missed the average analysts forecast of $14.13B by -3.74%. Apple's EBITDA was $-1.299B, beating the average prediction of $-771M by 68.57%. The company's net income was $-2.894B, beating the average estimation of $-824M by 251.10%. Apple's SG&A was $2.74B, beating the average forecast of $2.66B by 2.86%. Lastly, the company's EPS was $-28.7, beating the average prediction of $-7.591 by 278.09%. In terms of the last quarterly report (Sep 2023), Carvana's revenue was $2.77B, missing the average analysts' forecast of $2.81B by -1.22%. The company's EBITDA was $49M, missing the average prediction of $-88.814M by -155.17%. Carvana's net income was $782M, missing the average estimation of $-93.789M by -933.79%. The company's SG&A was $433M, missing the average forecast of $520.91M by -16.88%. Lastly, the company's EPS was $7.05, missing the average prediction of $-0.702 by -1103.92%