Analysts Set Carvana Co. (NYSE:CVNA) Price Target at $474.27

Carvana Co. (NYSE:CVNA) has earned a consensus rating of “Moderate Buy” from the twenty-five ratings firms that are presently covering the stock, MarketBeat reports. Six research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $474.2727.

Several research firms have recently commented on CVNA. Wells Fargo & Company lifted their target price on Carvana from $500.00 to $525.00 and gave the company an “overweight” rating in a research note on Tuesday, January 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Carvana in a research report on Monday, December 29th. Citigroup raised their price objective on Carvana from $445.00 to $550.00 and gave the company a “buy” rating in a report on Friday, December 12th. Zacks Research lowered shares of Carvana from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Finally, Jefferies Financial Group boosted their price target on Carvana from $475.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, December 11th.

Carvana Stock Down 6.9%

NYSE:CVNA opened at $364.79 on Monday. The company has a current ratio of 4.05, a quick ratio of 2.55 and a debt-to-equity ratio of 1.63. The stock has a 50 day moving average of $436.75 and a 200-day moving average of $382.24. Carvana has a 52 week low of $148.25 and a 52 week high of $486.89. The firm has a market capitalization of $79.36 billion, a PE ratio of 83.29, a price-to-earnings-growth ratio of 0.95 and a beta of 3.57.

Trending Headlines about Carvana

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Recent headlines note Carvana outpaced broader market gains in short-term moves, suggesting some buying interest and momentum among retail investors. Carvana outpaces stock market gains
• Neutral Sentiment: Carvana is scheduled to report earnings next week; the timing keeps focus on guidance and results but is not new news. Carvana Expected to Announce Earnings
• Neutral Sentiment: Coverage summaries and analyst roundups are running, keeping attention on consensus estimates and analyst revisions — these can sway short-term moves depending on the print. Are Wall Street analysts predicting Carvana will climb or sink?
• Negative Sentiment: Block & Leviton announced an investigation into potential securities-law claims against Carvana, which raises legal/financial risk and tends to weigh on investor sentiment. CVNA Down 7%: Carvana Investigated for Securities Fraud
• Negative Sentiment: Kirby McInerney LLP also issued an investor alert about potential claims tied to the company, amplifying regulatory and reputational concerns after a short-seller report. Kirby McInerney investigates potential claims
• Negative Sentiment: Research/preview pieces (Zacks) say Carvana may lack the setup for an earnings beat next week, which increases downside risk if results or guidance disappoint. Carvana earnings expected to grow: what to know
• Negative Sentiment: An insider (Thomas Taira) sold ~1,047 shares recently; while modest in size vs. total holdings, insider selling during a sensitive news cycle can be read negatively by the market. Insider sale by Thomas Taira

Insider Activity at Carvana

In other Carvana news, insider Thomas Taira sold 1,047 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $398.54, for a total value of $417,271.38. Following the sale, the insider owned 66,625 shares of the company’s stock, valued at approximately $26,552,727.50. This represents a 1.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Paul W. Breaux sold 1,527 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $475.00, for a total value of $725,325.00. Following the completion of the sale, the insider owned 69,289 shares of the company’s stock, valued at approximately $32,912,275. This trade represents a 2.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 420,351 shares of company stock worth $179,589,049 in the last 90 days. 17.12% of the stock is owned by insiders.

Institutional Trading of Carvana

Several large investors have recently added to or reduced their stakes in CVNA. Vanguard Group Inc. boosted its holdings in Carvana by 24.7% during the fourth quarter. Vanguard Group Inc. now owns 16,783,101 shares of the company’s stock valued at $7,082,804,000 after acquiring an additional 3,328,115 shares during the period. Capital Research Global Investors lifted its holdings in Carvana by 42.9% in 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 during the period. Geode Capital Management LLC increased its holdings in Carvana by 55.4% in 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 purchasing an additional 1,382,852 shares during the last quarter. Viking Global Investors LP increased its position in shares of Carvana by 94.9% in the 3rd quarter. Viking Global Investors LP now owns 2,101,241 shares of the company’s stock valued at $792,672,000 after buying an additional 1,023,265 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Carvana during the 4th quarter valued at about $412,338,000. 56.71% of the stock is owned by institutional investors and hedge funds.

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.