Carvana (CVNA) to Release Quarterly Earnings on Wednesday

Carvana (NYSE:CVNA) is anticipated to announce its Q1 2026 results after the market closes on Wednesday, April 29th. Analysts expect the company to announce earnings of $1.52 per share and revenue of $6.0113 billion for the quarter. Investors can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 5:30 PM ET.

Carvana (NYSE:CVNA) last announced its quarterly earnings results 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. The firm had revenue of $5.60 billion for the quarter, compared to the consensus estimate of $5.24 billion. Carvana had a return on equity of 50.96% and a net margin of 6.92%.The business’s revenue was up 58.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.56 earnings per share. On average, analysts expect Carvana to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Carvana Price Performance

Shares of NYSE CVNA opened at $401.17 on Wednesday. The business’s 50 day moving average price is $329.06 and its two-hundred day moving average price is $369.84. The company has a market cap of $87.80 billion, a PE ratio of 49.90 and a beta of 3.61. The company has a quick ratio of 2.73, a current ratio of 4.31 and a debt-to-equity ratio of 1.15. Carvana has a twelve month low of $203.50 and a twelve month high of $486.89.

Carvana shares are set to split before the market opens on Thursday, May 7th. The 5-1 split was announced on Friday, March 13th. The newly created shares will be distributed to shareholders after the closing bell on Wednesday, May 6th.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on CVNA shares. UBS Group set a $485.00 price target on Carvana in a research report on Friday, February 20th. Gordon Haskett lowered their price target on Carvana from $350.00 to $335.00 and set a “hold” rating on the stock in a research report on Monday, April 6th. Wedbush decreased their target price on Carvana from $500.00 to $425.00 and set an “outperform” rating on the stock in a research report on Thursday, February 19th. Royal Bank Of Canada decreased their target price on Carvana from $500.00 to $440.00 and set an “outperform” rating on the stock in a research report on Thursday, February 19th. Finally, Argus raised Carvana to a “strong-buy” rating in a research report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $437.41.

Insider Buying and Selling

In other news, CFO Mark W. Jenkins sold 12,750 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $310.35, for a total value of $3,956,962.50. Following the transaction, the chief financial officer owned 197,089 shares of the company’s stock, valued at approximately $61,166,571.15. This represents a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Thomas Taira sold 3,770 shares of the company’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $341.00, for a total value of $1,285,570.00. Following the completion of the transaction, the insider directly owned 58,564 shares in the company, valued at $19,970,324. The trade was a 6.05% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 56,170 shares of company stock valued at $20,020,204 in the last ninety days. 15.19% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Carvana

Several institutional investors have recently made changes to their positions in CVNA. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in shares of Carvana in the second quarter valued at approximately $38,000. Geneos Wealth Management Inc. boosted its stake in shares of Carvana by 251.4% in the first quarter. Geneos Wealth Management Inc. now owns 253 shares of the company’s stock valued at $53,000 after buying an additional 181 shares during the period. GW&K Investment Management LLC boosted its stake in shares of Carvana by 155.6% in the fourth quarter. GW&K Investment Management LLC now owns 138 shares of the company’s stock valued at $58,000 after buying an additional 84 shares during the period. Greenline Wealth Management LLC bought a new stake in shares of Carvana in the fourth quarter valued at approximately $60,000. Finally, CIBC Private Wealth Group LLC boosted its stake in shares of Carvana by 147.2% in the fourth quarter. CIBC Private Wealth Group LLC now owns 178 shares of the company’s stock valued at $75,000 after buying an additional 106 shares during the period. 56.71% of the stock is currently owned by institutional investors.

About Carvana

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.