Carvana (CVNA) Stock Forecast, Price Target & Predictions
CVNA Stock Forecast
Carvana stock forecast is as follows: an average price target of $150.31 (represents a -4.00% downside from CVNA’s last price of $156.58) and a rating consensus of 'Buy', based on 26 wall street analysts offering a 1-year stock forecast.
CVNA Price Target
The average price target for Carvana (CVNA) is $150.31 based on 1-year price targets from 26 Wall Street analysts in the past 3 months, with a price target range of $470.00 to $5.50. This represents a potential -4.00% downside from CVNA's last price of $156.58.
CVNA Analyst Ratings
According to 26 Wall Street analysts, Carvana's rating consensus is 'Buy'. The analyst rating breakdown for CVNA stock is 0 'Strong Buy' (0.00%), 13 'Buy' (50.00%), 11 'Hold' (42.31%), 2 'Sell' (7.69%), and 0 'Strong Sell' (0.00%).
Carvana Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 16, 2024 | Michael Montani | Evercore ISI | $157.00 | $141.90 | 10.64% | 0.27% |
| Sep 11, 2024 | Jeff Lick | Stephens | $190.00 | $133.54 | 42.28% | 21.34% |
| Aug 01, 2024 | Brad Erickson | RBC Capital | $170.00 | $151.33 | 12.34% | 8.57% |
| Aug 01, 2024 | Adam Jonas | Morgan Stanley | $110.00 | $150.33 | -26.83% | -29.75% |
| Aug 01, 2024 | David Lantz | Wells Fargo | $175.00 | $133.23 | 31.35% | 11.76% |
| Jul 12, 2024 | Marvin Fong | BTIG | $155.00 | $135.55 | 14.35% | -1.01% |
| Jul 10, 2024 | Chris Pierce | Needham | $160.00 | $129.54 | 23.51% | 2.18% |
| May 07, 2024 | John Colantuoni | Jefferies | $125.00 | $122.97 | 1.65% | -20.17% |
| May 02, 2024 | Colin Sebastian | Robert W. Baird | $110.00 | $87.09 | 26.31% | -29.75% |
| May 02, 2024 | Brad Erickson | RBC Capital | $130.00 | $87.09 | 49.27% | -16.98% |
The latest Carvana stock forecast, released on Sep 16, 2024 by Michael Montani from Evercore ISI, set a price target of $157.00, which represents a 10.64% increase from the stock price at the time of the forecast ($141.90), and a 0.27% increase from CVNA last price ($156.58).
Carvana Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 7 | 13 |
| Avg Price Target | $173.50 | $159.57 | $132.46 |
| Last Closing Price | $156.58 | $156.58 | $156.58 |
| Upside/Downside | 10.81% | 1.91% | -15.40% |
In the current month, the average price target of Carvana stock is $173.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 10.81% increase as opposed to Carvana's last price of $156.58. This month's average price target is up 8.73% compared to last quarter, and up 30.98% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 16, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Sep 16, 2024 | Evercore ISI | Positive | Positive | Hold |
| Sep 11, 2024 | Stephens | Equal-Weight | Overweight | Initialise |
| Sep 09, 2024 | Wells Fargo | Market Outperform | Market Outperform | Hold |
| Aug 05, 2024 | Jefferies | Hold | Hold | Hold |
| Aug 02, 2024 | Wells Fargo | Market Outperform | Market Outperform | Hold |
| Aug 01, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Aug 01, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
| Aug 01, 2024 | BTIG | Buy | Buy | Hold |
| Aug 01, 2024 | Needham | Buy | Buy | Hold |
Carvana's last stock rating was published by Evercore ISI on Sep 16, 2024. The company gave CVNA a "Outperform" rating, the same as its previous rate.
Carvana Financial Forecast
Carvana Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.77B | $2.97B | $2.61B | $2.84B | $3.39B | - | $3.50B | $3.75B | $3.48B | $3.34B | $2.25B | $1.83B | $1.54B | $1.12B | $1.10B | $1.10B | $1.09B |
| Avg Forecast | $4.35B | $4.55B | $4.56B | $4.34B | $3.63B | $3.88B | $3.87B | $3.58B | $3.19B | $3.43B | $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 | $4.61B | $4.82B | $4.83B | $4.60B | $3.84B | $4.11B | $4.10B | $3.79B | $3.38B | $3.67B | $3.45B | $2.85B | $2.69B | $2.97B | $2.76B | $2.79B | $3.24B | $3.92B | $3.97B | $3.68B | $3.81B | $3.55B | $2.66B | $2.13B | $1.74B | $1.66B | $1.26B | $1.22B | $1.19B | $1.08B |
| Low Forecast | $4.01B | $4.19B | $4.20B | $4.00B | $3.35B | $3.58B | $3.57B | $3.30B | $2.94B | $3.21B | $3.00B | $2.48B | $2.39B | $2.59B | $2.40B | $2.43B | $2.82B | $3.41B | $3.97B | $3.15B | $3.26B | $3.03B | $2.28B | $1.82B | $1.49B | $1.42B | $1.07B | $1.05B | $1.02B | $923.96M |
| # Analysts | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 16 | 18 | 9 | 9 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.14% | 0.99% | 0.93% | 0.92% | - | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 16 | 18 | 9 | 9 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $49.00M | $47.00M | $-36.00M | $-441.00M | $-277.00M | - | $-405.00M | $-93.00M | $42.00M | $89.00M | $16.00M | $20.76M | $31.90M | $-3.52M | $-15.21M | $17.93M | $-7.35M |
| Avg Forecast | $-154.45M | $-161.63M | $-161.95M | $-154.13M | $-128.89M | $-137.80M | $-137.43M | $-127.07M | $-113.37M | $-121.61M | $-115.66M | $-485.66M | $-90.93M | $-99.62M | $-92.52M | $-441.51M | $-108.68M | $29.70M | $-141.00M | $-401.37M | $-124.76M | $27.00M | $216.49M | $-69.66M | $16.49M | $48.45M | $-4.42M | $-11.61M | $13.38M | $-4.85M |
| High Forecast | $-142.25M | $-148.87M | $-149.16M | $-141.95M | $-118.71M | $-126.92M | $-126.58M | $-117.03M | $-104.41M | $-114.05M | $-106.52M | $-388.53M | $-84.86M | $-91.76M | $-85.21M | $-353.21M | $-100.10M | $35.64M | $-141.00M | $-321.10M | $-115.57M | $32.40M | $259.78M | $-64.53M | $19.79M | $58.14M | $-3.53M | $-9.29M | $16.05M | $-3.88M |
| Low Forecast | $-163.50M | $-171.10M | $-171.45M | $-163.16M | $-136.44M | $-145.88M | $-145.49M | $-134.51M | $-120.01M | $-130.24M | $-122.44M | $-582.79M | $-95.56M | $-105.46M | $-97.94M | $-529.81M | $-115.06M | $23.76M | $-141.00M | $-481.64M | $-135.08M | $21.60M | $173.19M | $-75.43M | $13.19M | $38.76M | $-5.30M | $-13.93M | $10.70M | $-5.82M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.49% | -0.51% | 0.08% | 4.06% | -9.33% | - | 1.01% | 0.75% | 1.56% | 0.41% | -0.23% | 1.26% | 0.66% | 0.80% | 1.31% | 1.34% | 1.52% |
16 analysts predict CVNA's average Quarter EBITDA for Dec 23 to be $-90.93M, with a high of $-84.86M and a low of $-95.56M. This is -285.56% lower than Carvana's previous annual EBITDA (Sep 23) of $49.00M.
Carvana Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 16 | 18 | 9 | 9 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $782.00M | $-58.00M | $-286.00M | $-1.59B | $-283.00M | - | $-260.00M | $-182.00M | $-32.00M | $22.00M | $-36.00M | $-63.34M | $-7.08M | $-40.83M | $-59.89M | $-20.48M | $-39.02M |
| Avg Forecast | $125.90M | $120.76M | $136.17M | $115.62M | $33.40M | $56.36M | $67.60M | $42.07M | $-7.52M | $28.45M | $-5.67M | $-311.78M | $-108.81M | $-90.21M | $-151.81M | $-283.44M | $-279.87M | $-22.63M | $-409.62M | $-257.67M | $-67.29M | $-20.57M | $53.51M | $-77.54M | $-50.31M | $-10.76M | $-51.16M | $-45.69M | $-15.28M | $-25.75M |
| High Forecast | $135.49M | $129.96M | $146.55M | $124.43M | $35.95M | $60.66M | $72.76M | $45.28M | $-6.75M | $43.96M | $-5.09M | $-249.42M | $-57.27M | $-80.95M | $-136.22M | $-226.75M | $-251.14M | $-18.10M | $-409.62M | $-206.14M | $-53.83M | $-16.46M | $64.22M | $-70.12M | $-40.25M | $-8.61M | $-40.93M | $-36.55M | $-12.22M | $-20.60M |
| Low Forecast | $112.97M | $108.36M | $122.19M | $103.75M | $29.97M | $50.58M | $60.66M | $37.75M | $-8.10M | $7.76M | $-6.10M | $-374.14M | $-136.30M | $-97.09M | $-163.37M | $-340.12M | $-301.20M | $-27.15M | $-409.62M | $-309.20M | $-80.75M | $-24.69M | $42.81M | $-85.88M | $-60.37M | $-12.91M | $-61.39M | $-54.83M | $-18.34M | $-30.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -8.67% | 0.38% | 1.01% | 5.70% | 12.51% | - | 1.01% | 2.70% | 1.56% | 0.41% | 0.46% | 1.26% | 0.66% | 0.80% | 1.31% | 1.34% | 1.52% |
Carvana's average Quarter net income forecast for Dec 23 is $-108.81M, with a range of $-136.30M to $-57.27M. CVNA's average Quarter net income forecast represents a -113.91% decrease compared to the company's last Quarter net income of $782.00M (Sep 23).
Carvana SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 16 | 18 | 9 | 9 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $433.00M | $452.00M | $472.00M | $632.00M | $656.00M | - | $727.00M | $620.00M | $546.00M | $470.00M | $397.00M | $342.67M | $267.84M | $239.93M | $275.71M | $241.66M | $207.97M |
| Avg Forecast | $807.58M | $845.13M | $846.82M | $805.89M | $673.91M | $720.53M | $718.61M | $664.39M | $592.77M | $635.85M | $604.74M | $871.79M | $475.43M | $520.91M | $483.77M | $792.53M | $568.28M | $386.10M | $737.26M | $720.48M | $468.78M | $351.00M | $1.14B | $364.26M | $272.18M | $406.79M | $300.64M | $210.35M | $180.29M | $137.26M |
| High Forecast | $854.92M | $894.67M | $896.46M | $853.12M | $713.42M | $762.76M | $760.73M | $703.34M | $627.52M | $681.00M | $640.19M | $1.05B | $499.67M | $551.45M | $512.12M | $951.04M | $601.60M | $463.32M | $737.26M | $864.58M | $562.54M | $421.20M | $1.37B | $394.40M | $326.62M | $488.14M | $360.77M | $252.42M | $216.35M | $164.71M |
| Low Forecast | $743.80M | $778.38M | $779.94M | $742.24M | $620.69M | $663.62M | $661.86M | $611.92M | $545.96M | $596.35M | $556.98M | $697.43M | $443.74M | $479.77M | $445.56M | $634.03M | $523.40M | $308.88M | $737.26M | $576.39M | $375.02M | $280.80M | $914.59M | $337.44M | $217.75M | $325.43M | $240.51M | $168.28M | $144.23M | $109.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 0.93% | 0.60% | 1.11% | 1.70% | - | 1.01% | 1.32% | 1.56% | 0.41% | 1.09% | 1.26% | 0.66% | 0.80% | 1.31% | 1.34% | 1.52% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 9 | 16 | 8 | 8 | 9 | 12 | 7 | 7 | 16 | 18 | 9 | 9 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.05 | $-0.00 | $-2.70 | $-15.05 | $-2.67 | - | $-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 | $0.94 | $1.06 | $0.90 | $0.26 | $0.44 | $0.53 | $0.33 | $-0.06 | $0.22 | $-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 | $1.05 | $1.01 | $1.14 | $0.97 | $0.28 | $0.47 | $0.57 | $0.35 | $-0.05 | $0.34 | $-0.04 | $-0.60 | $-0.45 | $-0.63 | $-1.06 | $-1.91 | $-1.95 | $-1.71 | $-1.93 | $-1.43 | $-0.71 | $-0.25 | $-0.36 | $-0.61 | $-0.44 | $-0.26 | $-0.74 | $-0.57 | $-0.56 | $-0.36 |
| Low Forecast | $0.88 | $0.84 | $0.95 | $0.81 | $0.23 | $0.39 | $0.47 | $0.29 | $-0.06 | $0.06 | $-0.05 | $-0.72 | $-1.06 | $-0.76 | $-1.27 | $-2.29 | $-2.34 | $-2.05 | $-1.93 | $-1.75 | $-0.87 | $-0.30 | $-0.44 | $-0.75 | $-0.54 | $-0.32 | $-0.90 | $-0.70 | $-0.69 | $-0.44 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -10.04% | 0.00% | 1.27% | 6.91% | 1.40% | - | 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| KMX | CarMax | $79.39 | $216.65 | 172.89% | Buy |
| VRM | Vroom | $7.41 | $17.02 | 129.69% | Hold |
| LAD | Lithia Motors | $283.56 | $313.20 | 10.45% | Buy |
| AN | AutoNation | $169.63 | $172.00 | 1.40% | Buy |
| CVNA | Carvana | $156.58 | $150.31 | -4.00% | Buy |
| ABG | Asbury Automotive Group | $222.05 | $201.50 | -9.25% | Buy |
| CZOO | Cazoo Group | $6.04 | $0.10 | -98.34% | Buy |
CVNA Forecast FAQ
Is Carvana a good buy?
Yes, according to 26 Wall Street analysts, Carvana (CVNA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 13 'Buy' recommendations, accounting for 50.00% of CVNA's total ratings.
What is CVNA's price target?
Carvana (CVNA) average price target is $150.31 with a range of $5.5 to $470, implying a -4.00% from its last price of $156.58. The data is based on 26 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 -4.00% (from the last price of $156.58 to the average price target of $150.31), up by 200.17% based on the highest stock price target, and down by -96.49% based on the lowest stock price target.
Can Carvana stock reach $200?
CVNA's highest twelve months analyst stock price target of $470 supports the claim that Carvana can reach $200 in the near future.
What is Carvana's current price target trend?
2 Wall Street analysts forecast a $173.5 price target for Carvana (CVNA) this month, up 10.81% from its last price of $156.58. Compared to the last 3 and 12 months, the average price target increased by 1.91% and decreased by -15.40%, 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 $14.97B (high $15.85B, low $13.79B), average EBITDA is $-531M (high $-489M, low $-562M), average net income is $199.44M (high $214.64M, low $178.97M), average SG&A $2.78B (high $2.94B, low $2.56B), and average EPS is $1.55 (high $1.67, low $1.39). CVNA's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $17.81B (high $18.86B, low $16.41B), average EBITDA is $-632M (high $-582M, low $-669M), average net income is $498.44M (high $536.43M, low $447.27M), average SG&A $3.31B (high $3.5B, low $3.04B), and average EPS is $3.88 (high $4.18, low $3.48).
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 $-621M by 109.06%. The company's net income was $-2.894B, beating the average estimation of $-970M by 198.41%. Apple's SG&A was $2.74B, beating the average forecast of $2.41B by 13.43%. 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 $-99.625M by -149.18%. Carvana's net income was $782M, missing the average estimation of $-90.215M by -966.82%. 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%