Ratings for Carvana CVNA were provided by 17 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 6 | 8 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 2 | 4 | 6 | 0 | 0 |
Analysts have set 12-month price targets for Carvana, revealing an average target of $250.71, a high estimate of $330.00, and a low estimate of $175.00. Observing a 24.62% increase, the current average has risen from the previous average price target of $201.18.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of Carvana among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jeff Lick | Stephens & Co. | Maintains | Overweight | $300.00 | $300.00 |
| Nicholas Jones | JMP Securities | Maintains | Market Outperform | $320.00 | $320.00 |
| Chris Pierce | Needham | Raises | Buy | $330.00 | $300.00 |
| Michael Montani | Evercore ISI Group | Raises | In-Line | $245.00 | $240.00 |
| Adam Jonas | Morgan Stanley | Raises | Equal-Weight | $260.00 | $110.00 |
| Nicholas Jones | JMP Securities | Raises | Market Outperform | $320.00 | $200.00 |
| Alexander Potter | Piper Sandler | Raises | Neutral | $225.00 | $151.00 |
| Rajat Gupta | JP Morgan | Raises | Overweight | $300.00 | $230.00 |
| Chris Pierce | Needham | Raises | Buy | $300.00 | $200.00 |
| Colin Sebastian | Baird | Raises | Neutral | $240.00 | $160.00 |
| Michael Montani | Evercore ISI Group | Raises | In-Line | $190.00 | $186.00 |
| Zachary Fadem | Wells Fargo | Raises | Overweight | $250.00 | $175.00 |
| Michael Montani | Evercore ISI Group | Raises | In-Line | $182.00 | $178.00 |
| John Colantuoni | Jefferies | Raises | Hold | $185.00 | $150.00 |
| Rajat Gupta | JP Morgan | Raises | Overweight | $230.00 | $185.00 |
| Michael McGovern | B of A Securities | Raises | Buy | $210.00 | $185.00 |
| Seth Basham | Wedbush | Raises | Neutral | $175.00 | $150.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Carvana. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Carvana compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Carvana's stock. This comparison reveals trends in analysts' expectations over time.
To gain a panoramic view of Carvana's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Carvana analyst ratings.
All You Need to Know About Carvana
Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.
Carvana's Financial Performance
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Carvana's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 31.81%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Carvana's net margin is impressive, surpassing industry averages. With a net margin of 2.33%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Carvana's ROE stands out, surpassing industry averages. With an impressive ROE of 14.95%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Carvana's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.17% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Carvana's debt-to-equity ratio surpasses industry norms, standing at 10.06. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
What Are Analyst Ratings?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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