William Blair Weighs in on Carvana’s Q1 Earnings (NYSE:CVNA)

Carvana Co. (NYSE:CVNA) – Research analysts at William Blair increased their Q1 2025 earnings per share estimates for Carvana in a research report issued on Tuesday, March 25th. William Blair analyst S. Zackfia now expects that the company will post earnings of $0.74 per share for the quarter, up from their previous estimate of $0.69. 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 Q2 2025 earnings at $0.99 EPS, Q3 2025 earnings at $1.00 EPS, Q4 2025 earnings at $0.91 EPS, FY2025 earnings at $3.64 EPS and FY2026 earnings at $5.34 EPS.

Several other equities analysts also recently weighed in on the company. Bank of America cut their target price on Carvana from $270.00 to $220.00 and set a “buy” rating on the stock in a research report on Friday, March 14th. JMP Securities reiterated a “market outperform” rating and issued a $320.00 price target on shares of Carvana in a report on Monday, December 16th. Wedbush set a $250.00 price target on Carvana and gave the company a “neutral” rating in a research note on Wednesday, February 19th. Royal Bank of Canada increased their target price on shares of Carvana from $280.00 to $320.00 and gave the stock an “outperform” rating in a report on Thursday, February 20th. Finally, Piper Sandler upgraded shares of Carvana from a “neutral” rating to an “overweight” rating and set a $225.00 price target for the company in a report on Thursday, March 20th. Six research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $263.88.

Carvana Stock Performance

Carvana stock opened at $205.12 on Thursday. The company has a market cap of $43.72 billion, a PE ratio of 130.65 and a beta of 3.56. Carvana has a twelve month low of $67.61 and a twelve month high of $292.84. The company has a quick ratio of 2.12, a current ratio of 3.64 and a debt-to-equity ratio of 3.82. The company’s 50-day moving average price is $228.32 and its 200-day moving average price is $216.50.

Carvana (NYSE:CVNA) last posted its earnings results on Wednesday, February 19th. The company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.27. The firm had revenue of $3.55 billion during the quarter, compared to analyst estimates of $3.32 billion. Carvana had a net margin of 1.54% and a return on equity of 36.59%.

Insider Buying and Selling

In other Carvana news, COO Benjamin E. Huston sold 50,000 shares of the stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $210.35, for a total transaction of $10,517,500.00. Following the sale, the chief operating officer now directly owns 146,278 shares of the company’s stock, valued at approximately $30,769,577.30. This trade represents a 25.47 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Thomas Taira sold 27,593 shares of the company’s stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of $225.03, for a total value of $6,209,252.79. Following the completion of the sale, the insider now owns 179,673 shares in the company, valued at $40,431,815.19. The trade was a 13.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 197,377 shares of company stock valued at $44,251,096 over the last quarter. 17.12% of the stock is currently owned by company insiders.

Institutional Trading of Carvana

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP grew its position in shares of Carvana by 4.1% during the 4th quarter. Wellington Management Group LLP now owns 36,215 shares of the company’s stock valued at $7,365,000 after acquiring an additional 1,430 shares during the period. California State Teachers Retirement System increased its position in shares of Carvana by 81.5% in the fourth quarter. California State Teachers Retirement System now owns 181,249 shares of the company’s stock valued at $36,859,000 after buying an additional 81,414 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Carvana by 16.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,513 shares of the company’s stock valued at $511,000 after buying an additional 348 shares in the last quarter. Siemens Fonds Invest GmbH acquired a new stake in Carvana in the 4th quarter valued at $839,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Carvana in the 4th quarter worth $36,527,000. Institutional investors and hedge funds own 56.71% of the company’s stock.

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.