Carvana (CVNA) Expected to Announce Earnings on Wednesday

Carvana (NYSE:CVNA) is expected to release its Q3 2025 results after the market closes on Wednesday, October 29th. Analysts expect Carvana to post earnings of $1.29 per share and revenue of $5.0438 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2025 earningreport page for the latest details on the call scheduled for Wednesday, October 29, 2025 at 5:30 PM ET.

Carvana (NYSE:CVNA) last issued its earnings results on Wednesday, July 30th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.19. The business had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.54 billion. Carvana had a net margin of 3.46% and a return on equity of 40.57%. The business’s quarterly revenue was up 41.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.05) earnings per share. On average, analysts expect Carvana to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Carvana Stock Up 5.4%

CVNA stock opened at $355.87 on Wednesday. The company has a market cap of $76.58 billion, a P/E ratio of 89.19, a P/E/G ratio of 1.10 and a beta of 3.55. Carvana has a 52 week low of $148.25 and a 52 week high of $413.33. The company’s 50-day moving average price is $364.16 and its 200 day moving average price is $322.35. The company has a current ratio of 4.00, a quick ratio of 2.58 and a debt-to-equity ratio of 2.51.

Insiders Place Their Bets

In other Carvana news, major shareholder Ernest C. Garcia II sold 93,376 shares of Carvana stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $394.16, for a total transaction of $36,805,084.16. Following the completion of the transaction, the insider owned 6,624 shares in the company, valued at approximately $2,610,915.84. The trade was a 93.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Daniel J. Gill sold 80,000 shares of Carvana stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $398.91, for a total transaction of $31,912,800.00. Following the transaction, the insider owned 197,832 shares of the company’s stock, valued at approximately $78,917,163.12. The trade was a 28.79% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,558,292 shares of company stock worth $567,999,107. Insiders own 16.36% of the company’s stock.

Hedge Funds Weigh In On Carvana

A number of institutional investors have recently modified their holdings of CVNA. Raymond James Financial Inc. raised its position in shares of Carvana by 103.8% in the second quarter. Raymond James Financial Inc. now owns 577,231 shares of the company’s stock valued at $194,504,000 after buying an additional 294,035 shares during the last quarter. Moore Capital Management LP raised its position in shares of Carvana by 17,277.6% in the second quarter. Moore Capital Management LP now owns 167,520 shares of the company’s stock valued at $56,448,000 after buying an additional 166,556 shares during the last quarter. Alliancebernstein L.P. raised its position in shares of Carvana by 156.9% in the second quarter. Alliancebernstein L.P. now owns 108,247 shares of the company’s stock valued at $36,475,000 after buying an additional 66,116 shares during the last quarter. Sei Investments Co. increased its position in Carvana by 165.8% during the second quarter. Sei Investments Co. now owns 83,634 shares of the company’s stock worth $28,178,000 after purchasing an additional 52,171 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in Carvana by 51.7% during the second quarter. Ameriprise Financial Inc. now owns 105,040 shares of the company’s stock worth $35,394,000 after purchasing an additional 35,786 shares during the last quarter. Institutional investors and hedge funds own 56.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on CVNA shares. William Blair reissued an “outperform” rating on shares of Carvana in a report on Wednesday, July 23rd. BTIG Research reissued a “buy” rating and set a $450.00 price objective on shares of Carvana in a report on Friday, October 17th. Evercore ISI boosted their price objective on shares of Carvana from $365.00 to $370.00 and gave the stock an “in-line” rating in a report on Tuesday, August 12th. Zacks Research raised shares of Carvana from a “hold” rating to a “strong-buy” rating in a report on Monday, October 6th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Carvana in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $419.94.

About Carvana

Carvana Co, together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices.