William Blair Has Optimistic Outlook of Carvana Q2 Earnings

Carvana Co. (NYSE:CVNA) – Equities researchers at William Blair raised their Q2 2025 EPS estimates for shares of Carvana in a research note issued to investors on Thursday, May 8th. William Blair analyst S. Zackfia now forecasts that the company will earn $1.21 per share for the quarter, up from their prior forecast of $1.11. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Carvana’s current full-year earnings is $2.85 per share. William Blair also issued estimates for Carvana’s Q3 2025 earnings at $1.30 EPS and Q4 2025 earnings at $1.10 EPS.

Several other research firms have also recently commented on CVNA. Wells Fargo & Company raised their target price on shares of Carvana from $290.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday. Robert W. Baird boosted their target price on Carvana from $200.00 to $275.00 and gave the stock a “neutral” rating in a research report on Thursday. Morgan Stanley upgraded shares of Carvana from an “underweight” rating to an “overweight” rating in a report on Monday, March 31st. Wedbush raised Carvana to a “hold” rating in a research note on Thursday. Finally, Stephens reaffirmed an “overweight” rating and issued a $300.00 price target on shares of Carvana in a research note on Monday, March 3rd. Six equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $268.59.

Carvana Stock Down 6.0 %

CVNA opened at $268.27 on Friday. Carvana has a 12 month low of $97.55 and a 12 month high of $293.62. The stock’s 50 day moving average price is $209.94 and its 200 day moving average price is $227.21. The company has a debt-to-equity ratio of 3.82, a current ratio of 3.64 and a quick ratio of 2.12. The stock has a market cap of $57.19 billion, a P/E ratio of 170.87 and a beta of 3.61.

Carvana (NYSE:CVNA) last released its quarterly earnings results on Wednesday, May 7th. The company reported $1.51 EPS for the quarter, topping the consensus estimate of $0.75 by $0.76. The business had revenue of $4.23 billion during the quarter, compared to analyst estimates of $3.94 billion. Carvana had a net margin of 1.54% and a return on equity of 36.59%. The company’s quarterly revenue was up 38.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.23 earnings per share.

Insider Transactions at Carvana

In related news, insider Paul W. Breaux sold 1,362 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $270.08, for a total value of $367,848.96. Following the completion of the sale, the insider now owns 153,240 shares in the company, valued at approximately $41,387,059.20. This trade represents a 0.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Thomas Taira sold 5,000 shares of Carvana stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $260.00, for a total value of $1,300,000.00. Following the sale, the insider now directly owns 171,509 shares in the company, valued at $44,592,340. The trade was a 2.83 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 348,560 shares of company stock worth $73,806,520. Company insiders own 17.12% of the company’s stock.

Institutional Trading of Carvana

A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Carvana by 9.7% in the first quarter. Vanguard Group Inc. now owns 12,534,843 shares of the company’s stock valued at $2,620,785,000 after acquiring an additional 1,109,476 shares during the last quarter. Lingotto Investment Management LLP grew its stake in shares of Carvana by 1.5% during the fourth quarter. Lingotto Investment Management LLP now owns 3,987,150 shares of the company’s stock worth $810,827,000 after purchasing an additional 57,215 shares during the period. Durable Capital Partners LP increased its stake in shares of Carvana by 6.3% in the 4th quarter. Durable Capital Partners LP now owns 2,168,232 shares of the company’s stock valued at $440,932,000 after acquiring an additional 129,246 shares during the last quarter. Geode Capital Management LLC increased its stake in Carvana by 4.2% in the fourth quarter. Geode Capital Management LLC now owns 1,878,796 shares of the company’s stock valued at $381,592,000 after purchasing an additional 75,250 shares in the last quarter. Finally, Whale Rock Capital Management LLC increased its position in shares of Carvana by 29.8% in the 4th quarter. Whale Rock Capital Management LLC now owns 1,214,679 shares of the company’s stock valued at $247,017,000 after buying an additional 278,760 shares in the last quarter. 56.71% of the stock is currently owned by institutional investors.

Carvana Company Profile

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.