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

Carvana (NYSE:CVNA) had its price target dropped by investment analysts at Evercore from $430.00 to $390.00 in a research note issued to investors on Thursday,MarketScreener reports. Evercore’s target price indicates a potential upside of 16.25% from the company’s current price.

Several other analysts also recently weighed in on CVNA. DA Davidson set a $360.00 target price on Carvana in a research note on Thursday, October 30th. Gordon Haskett reduced their price objective on Carvana from $445.00 to $435.00 and set a “hold” rating for the company in a research report on Monday, January 5th. BTIG Research decreased their price objective on Carvana from $535.00 to $455.00 and set a “buy” rating on the stock in a report on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of Carvana in a research report on Monday, December 29th. Finally, Bank of America lowered their price target on Carvana from $460.00 to $400.00 and set a “buy” rating on the stock in a research report on Thursday. Nineteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $459.91.

Carvana Stock Performance

CVNA opened at $335.50 on Thursday. The company has a market cap of $72.98 billion, a PE ratio of 76.50 and a beta of 3.57. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.55 and a current ratio of 4.05. The stock has a 50-day moving average of $428.22 and a 200-day moving average of $382.10. Carvana has a 52-week low of $148.25 and a 52-week high of $486.89.

Carvana (NYSE:CVNA) last issued its quarterly earnings data on Wednesday, February 18th. The company reported $4.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $3.12. Carvana had a net margin of 3.44% and a return on equity of 30.62%. The business had revenue of $5.60 billion during the quarter, compared to analysts’ expectations of $5.24 billion. During the same period in the previous year, the company earned $0.56 earnings per share. Carvana’s revenue for the quarter was up 58.0% on a year-over-year basis. As a group, equities research analysts forecast that Carvana will post 2.85 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Carvana news, Director Michael E. Maroone sold 30,928 shares of the stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $400.34, for a total value of $12,381,715.52. Following 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Thomas Taira sold 30,952 shares of the company’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $435.96, for a total transaction of $13,493,833.92. Following the completion of the sale, the insider owned 69,880 shares of the company’s stock, valued at approximately $30,464,884.80. This represents a 30.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 420,351 shares of company stock worth $179,589,049 over the last 90 days. 17.12% of the stock is currently owned by corporate insiders.

Institutional Trading of Carvana

Hedge funds and other institutional investors have recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Carvana in the fourth quarter valued at $29,000. Farmers & Merchants Investments Inc. acquired a new stake in Carvana in the fourth quarter valued at $29,000. ORG Partners LLC grew its position in shares of Carvana by 8,700.0% in the 3rd quarter. ORG Partners LLC now owns 88 shares of the company’s stock valued at $33,000 after acquiring an additional 87 shares during the period. Motiv8 Investments LLC bought a new stake in shares of Carvana in the 4th quarter valued at about $33,000. Finally, Salomon & Ludwin LLC grew its holdings in Carvana by 112.5% during the fourth quarter. Salomon & Ludwin LLC now owns 85 shares of the company’s stock worth $37,000 after purchasing an additional 45 shares during the period. Institutional investors and hedge funds own 56.71% of the company’s stock.

Carvana News Summary

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Company beat expectations — Q4 revenue $5.6B (up 58% YoY) and EPS $4.22, handily above Street estimates; management highlighted record unit economics and improved operating profit/cash from operations. Carvana Announces Record Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Street reaction includes multiple buy/overweight ratings and high price targets (median ~ $515), reflecting analyst confidence that improved fundamentals support higher equity value. QuiverQuant: Carvana Q4 results and analyst activity
• Neutral Sentiment: Full earnings disclosure and the call transcript provide detail on margins, inventory and channel dynamics; useful for modeling but not a single clear catalyst. Earnings Call Transcript
• Neutral Sentiment: Press snapshots and analyst notes compare key metrics versus estimates — revenue and gross profit strong, but some per‑unit profitability metrics show mixed trends that require deeper read. Q4 Earnings Snapshot
• Negative Sentiment: Accounting and profitability questions raised on the earnings call and in coverage; lack of clear answers on certain metrics contributed to investor concern. PYMNTS: Accounting scrutiny and profitability concerns
• Negative Sentiment: Regulatory/fraud allegations and an investor class action probe (Pomerantz) surfaced ahead of/around the report, increasing downside risk and headline sensitivity. Pomerantz investor alert
• Negative Sentiment: Heavy insider selling revealed in coverage and institutional flow headlines increase perceived governance/owner alignment risk and amplify volatility. QuiverQuant: insider selling & institutional changes

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.