JPMorgan Chase & Co. Has Lowered Expectations for Carvana (NYSE:CVNA) Stock Price

Carvana (NYSE:CVNA) had its price objective dropped by JPMorgan Chase & Co. from $510.00 to $490.00 in a report released on Thursday,MarketScreener reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 46.05% from the company’s current price.

Other equities analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Carvana from $600.00 to $519.00 and set a “buy” rating on the stock in a report on Thursday. Needham & Company LLC reissued a “buy” rating and issued a $500.00 target price on shares of Carvana in a research note on Thursday. BTIG Research dropped their target price on Carvana from $535.00 to $455.00 and set a “buy” rating for the company in a report on Thursday. Zacks Research cut Carvana from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Finally, Wells Fargo & Company lowered their price objective on Carvana from $525.00 to $425.00 and set an “overweight” rating for the company in a research report on Thursday. Nineteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Carvana presently has a consensus rating of “Moderate Buy” and an average price target of $459.91.

Carvana Trading Down 7.2%

Shares of CVNA stock opened at $335.50 on Thursday. Carvana has a 12-month low of $148.25 and a 12-month high of $486.89. The company has a quick ratio of 2.55, a current ratio of 4.05 and a debt-to-equity ratio of 1.63. The company has a 50 day moving average of $428.22 and a 200-day moving average of $382.10. The firm has a market cap of $72.98 billion, a P/E ratio of 76.50 and a beta of 3.57.

Carvana (NYSE:CVNA) last issued its earnings results on Wednesday, February 18th. The company reported $4.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $3.12. The firm had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.24 billion. Carvana had a return on equity of 30.62% and a net margin of 3.44%.The business’s revenue was up 58.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.56 earnings per share. Sell-side analysts anticipate that Carvana will post 2.85 earnings per share for the current year.

Insider Transactions at Carvana

In other Carvana news, CFO Mark W. Jenkins sold 12,750 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $410.19, for a total value of $5,229,922.50. Following the completion of the transaction, the chief financial officer owned 202,817 shares in the company, valued at approximately $83,193,505.23. This represents a 5.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Benjamin E. Huston sold 10,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $411.27, for a total value of $4,112,700.00. Following the transaction, the chief operating officer directly owned 98,652 shares of the company’s stock, valued at $40,572,608.04. This represents a 9.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 420,351 shares of company stock worth $179,589,049. 17.12% of the stock is owned by corporate insiders.

Institutional Trading of Carvana

Institutional investors have recently bought and sold shares of the company. First Horizon Corp grew its holdings in shares of Carvana by 6.4% during the fourth quarter. First Horizon Corp now owns 418 shares of the company’s stock valued at $176,000 after buying an additional 25 shares during the last quarter. SJS Investment Consulting Inc. lifted its position in Carvana by 28.3% in the 3rd quarter. SJS Investment Consulting Inc. now owns 136 shares of the company’s stock valued at $51,000 after acquiring an additional 30 shares in the last quarter. MAI Capital Management boosted its stake in Carvana by 1.8% during the 2nd quarter. MAI Capital Management now owns 1,757 shares of the company’s stock valued at $592,000 after purchasing an additional 31 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Carvana by 23.1% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 165 shares of the company’s stock worth $62,000 after purchasing an additional 31 shares in the last quarter. Finally, Finivi Inc. increased its holdings in shares of Carvana by 4.6% in the 4th quarter. Finivi Inc. now owns 698 shares of the company’s stock worth $295,000 after purchasing an additional 31 shares in the last quarter. 56.71% of the stock is owned by hedge funds and other institutional investors.

More Carvana News

Here are the key news stories impacting Carvana this week:

• Positive Sentiment: Company beat expectations — Q4 revenue $5.6B (up 58% YoY) and EPS $4.22, handily above Street estimates; management highlighted record unit economics and improved operating profit/cash from operations. Carvana Announces Record Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Street reaction includes multiple buy/overweight ratings and high price targets (median ~ $515), reflecting analyst confidence that improved fundamentals support higher equity value. QuiverQuant: Carvana Q4 results and analyst activity
• Neutral Sentiment: Full earnings disclosure and the call transcript provide detail on margins, inventory and channel dynamics; useful for modeling but not a single clear catalyst. Earnings Call Transcript
• Neutral Sentiment: Press snapshots and analyst notes compare key metrics versus estimates — revenue and gross profit strong, but some per‑unit profitability metrics show mixed trends that require deeper read. Q4 Earnings Snapshot
• Negative Sentiment: Accounting and profitability questions raised on the earnings call and in coverage; lack of clear answers on certain metrics contributed to investor concern. PYMNTS: Accounting scrutiny and profitability concerns
• Negative Sentiment: Regulatory/fraud allegations and an investor class action probe (Pomerantz) surfaced ahead of/around the report, increasing downside risk and headline sensitivity. Pomerantz investor alert
• Negative Sentiment: Heavy insider selling revealed in coverage and institutional flow headlines increase perceived governance/owner alignment risk and amplify volatility. QuiverQuant: insider selling & institutional changes

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.