Stephens Reaffirms Overweight Rating for Carvana (NYSE:CVNA)

Carvana (NYSE:CVNA)‘s stock had its “overweight” rating reaffirmed by stock analysts at Stephens in a research report issued on Thursday,Benzinga reports. They currently have a $519.00 target price on the stock. Stephens’ price objective would indicate a potential upside of 43.39% from the company’s previous close.

Several other brokerages have also issued reports on CVNA. Bank of America cut their target price on shares of Carvana from $460.00 to $400.00 and set a “buy” rating for the company in a research report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $519.00 target price (down from $600.00) on shares of Carvana in a report on Thursday. Wedbush upped their price target on Carvana from $400.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, December 19th. DA Davidson set a $360.00 target price on shares of Carvana in a report on Thursday, October 30th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $460.00 price target on shares of Carvana in a research report on Thursday, October 30th. Nineteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $471.05.

Carvana Price Performance

NYSE CVNA opened at $361.96 on Thursday. The stock has a market capitalization of $78.74 billion, a price-to-earnings ratio of 82.64 and a beta of 3.57. Carvana has a 1-year low of $148.25 and a 1-year high of $486.89. The company has a debt-to-equity ratio of 1.63, a current ratio of 4.05 and a quick ratio of 2.55. The business’s fifty day moving average price is $428.22 and its 200-day moving average price is $382.10.

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

Insider Activity

In related news, COO Benjamin E. Huston sold 40,000 shares of the firm’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $439.50, for a total transaction of $17,580,000.00. Following the completion of the transaction, the chief operating officer directly owned 100,758 shares of the company’s stock, valued at approximately $44,283,141. This trade represents a 28.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Michael E. Maroone sold 30,928 shares of the stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $400.34, for a total transaction of $12,381,715.52. Following the transaction, the director directly owned 143,573 shares of the company’s stock, valued at $57,478,014.82. This trade represents a 17.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 420,351 shares of company stock valued at $179,589,049 in the last quarter. Company insiders own 17.12% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of CVNA. Corient Private Wealth LLC lifted its position in Carvana by 1,849.5% in the fourth quarter. Corient Private Wealth LLC now owns 157,893 shares of the company’s stock worth $66,634,000 after buying an additional 149,794 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its position in Carvana by 14.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 4,990 shares of the company’s stock valued at $2,106,000 after acquiring an additional 617 shares during the last quarter. Virtue Capital Management LLC raised its stake in shares of Carvana by 99.1% in the fourth quarter. Virtue Capital Management LLC now owns 3,635 shares of the company’s stock valued at $1,455,000 after acquiring an additional 1,809 shares during the period. Vident Advisory LLC lifted its holdings in shares of Carvana by 6.4% in the 4th quarter. Vident Advisory LLC now owns 5,982 shares of the company’s stock worth $2,525,000 after acquiring an additional 359 shares during the last quarter. Finally, First Citizens Bank & Trust Co. purchased a new position in shares of Carvana during the 4th quarter worth about $2,511,000. 56.71% of the stock is currently owned by institutional investors.

Key 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.