Carvana (NYSE:CVNA) Price Target Lowered to $93.00 at Barclays

Posted by Brenda Bartman on Jul 31st, 2026

Carvana (NYSE:CVNA – Get Free Report) had its price target decreased by investment analysts at Barclays from $94.00 to $93.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s price objective would suggest a potential upside of 51.64% from the company’s previous close.

Several other research analysts have also recently weighed in on the company. Robert W. Baird set a $72.00 target price on Carvana in a research note on Thursday. BNP Paribas Exane lowered their price objective on shares of Carvana from $86.00 to $69.00 and set a “neutral” rating on the stock in a research note on Thursday. Evercore set a $75.00 target price on shares of Carvana in a research note on Thursday. Zacks Research cut shares of Carvana from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 15th. Finally, DA Davidson set a $67.00 price target on Carvana in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Carvana currently has a consensus rating of “Moderate Buy” and a consensus target price of $88.30.

Read Our Latest Report on Carvana

Carvana Trading Down 7.5%

NYSE:CVNA opened at $61.33 on Friday. The stock has a market cap of $67.27 billion, a price-to-earnings ratio of 33.92, a price-to-earnings-growth ratio of 14.89 and a beta of 3.46. The business’s 50-day simple moving average is $66.97 and its 200 day simple moving average is $70.85. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.57 and a current ratio of 4.09. Carvana has a one year low of $54.46 and a one year high of $97.38.

Carvana (NYSE:CVNA – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.03. Carvana had a net margin of 6.26% and a return on equity of 39.91%. The firm had revenue of $7.38 billion for the quarter, compared to analyst estimates of $6.90 billion. During the same quarter in the prior year, the business earned $1.51 earnings per share. Carvana’s quarterly revenue was up 52.4% on a year-over-year basis. As a group, sell-side analysts predict that Carvana will post 1.63 earnings per share for the current fiscal year.

Insider Activity at Carvana

In other Carvana news, COO Benjamin E. Huston sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $68.55, for a total value of $3,427,500.00. Following the completion of the transaction, the chief operating officer directly owned 458,755 shares in the company, valued at $31,447,655.25. This trade represents a 9.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Stephen R. Palmer sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $68.53, for a total transaction of $342,650.00. Following the sale, the vice president owned 144,934 shares in the company, valued at $9,932,327.02. This represents a 3.33% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 278,212 shares of company stock valued at $19,343,496. Corporate insiders own 15.19% of the company’s stock.

Institutional Trading of Carvana

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Carvana by 24.7% in the fourth quarter. Vanguard Group Inc. now owns 16,783,101 shares of the company’s stock valued at $7,082,804,000 after purchasing an additional 3,328,115 shares in the last quarter. State Street Corp grew its holdings in shares of Carvana by 93.7% during the fourth quarter. State Street Corp now owns 5,714,779 shares of the company’s stock valued at $2,411,751,000 after buying an additional 2,764,759 shares in the last quarter. Capital Research Global Investors grew its holdings in shares of Carvana by 42.9% during the fourth quarter. Capital Research Global Investors now owns 5,700,953 shares of the company’s stock valued at $2,405,959,000 after buying an additional 1,711,144 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in Carvana by 8.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,726,838 shares of the company’s stock valued at $7,481,081,000 after buying an additional 1,407,762 shares during the period. Finally, Geode Capital Management LLC raised its position in Carvana by 55.4% during the fourth quarter. Geode Capital Management LLC now owns 3,880,711 shares of the company’s stock valued at $1,632,763,000 after buying an additional 1,382,852 shares during the period. 56.71% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Carvana

Here are the key news stories impacting Carvana this week:

Positive Sentiment: Carvana reported record Q2 revenue of approximately $7.38 billion, net income of $513 million and adjusted EBITDA of $769 million. Retail units sold increased 38%, while revenue rose 52.4% year over year. Carvana Announces Record Second Quarter 2026 Results
Positive Sentiment: Management highlighted ongoing investments in inventory, operational execution and software, including an AI customer-service agent intended to reduce support costs and improve scalability. Carvana Slashes Customer Service Costs Through AI Agent
Positive Sentiment: Some analysts remain constructive despite reducing targets. Needham reaffirmed its buy rating with a $120 target, while BTIG maintained a buy rating at $87 and Citizens JMP kept an outperform rating at $83. Needham said the selloff may offer an attractive buying opportunity. Needham says Carvana stock could double as management lowers guidance
Neutral Sentiment: BNP Paribas Exane lowered its price target from $86 to $69 and changed its rating to neutral, reflecting a more cautious view while still implying potential upside from recent trading levels. BNP Paribas Exane price target update
Negative Sentiment: Carvana’s full-year adjusted EBITDA forecast of $2.7 billion to $3.0 billion had a midpoint below analyst expectations. Investors viewed the outlook as insufficient after the company’s strong growth, particularly because it implies adjusted EBITDA of $1.3 billion to $1.6 billion in the second half. Carvana posts record quarterly profits
Negative Sentiment: Analysts also cited declining gross profit per unit and adjusted EBITDA margins, with the projected full-year margin falling to about 10.2%. At roughly 26.4 times projected FY26 adjusted EBITDA, the stock’s premium valuation is harder to justify if profitability continues to compress. Carvana profit compression downgrade

Carvana Company Profile

(Get Free Report)

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.