William Blair Predicts Carvana’s Q2 Earnings (NYSE:CVNA)

Carvana Co. (NYSE:CVNA) – Equities research analysts at William Blair issued their Q2 2025 earnings per share (EPS) estimates for Carvana in a research note issued to investors on Monday, January 6th. William Blair analyst S. Zackfia anticipates that the company will earn $0.74 per share for the quarter. The consensus estimate for Carvana’s current full-year earnings is $0.76 per share. William Blair also issued estimates for Carvana’s Q3 2025 earnings at $0.66 EPS.

Carvana (NYSE:CVNA) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.41. The company had revenue of $3.66 billion during the quarter, compared to analyst estimates of $3.47 billion. The business’s revenue for the quarter was up 31.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.23 earnings per share.

Other research analysts have also issued research reports about the stock. Robert W. Baird raised their price target on shares of Carvana from $160.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. JMP Securities reissued a “market outperform” rating and set a $320.00 target price on shares of Carvana in a research note on Monday, December 16th. Morgan Stanley raised shares of Carvana from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $110.00 to $260.00 in a research report on Tuesday, November 5th. Evercore ISI lifted their price objective on Carvana from $240.00 to $245.00 and gave the stock an “in-line” rating in a research report on Tuesday, December 3rd. Finally, Wedbush upped their target price on Carvana from $150.00 to $175.00 and gave the company a “neutral” rating in a research report on Monday, October 7th. Ten equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $237.12.

Carvana Price Performance

Shares of CVNA opened at $198.67 on Wednesday. The business has a 50-day moving average of $236.14 and a 200-day moving average of $182.59. The company has a debt-to-equity ratio of 18.99, a current ratio of 3.25 and a quick ratio of 2.12. The company has a market capitalization of $41.25 billion, a price-to-earnings ratio of 19,886.89 and a beta of 3.38. Carvana has a 1 year low of $40.21 and a 1 year high of $268.34.

Insider Activity

In other Carvana news, CFO Mark W. Jenkins sold 208,495 shares of Carvana stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $224.43, for a total transaction of $46,792,532.85. Following the transaction, the chief financial officer now owns 90,732 shares of the company’s stock, valued at $20,362,982.76. This trade represents a 69.68 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Daniel J. Gill sold 44,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $259.47, for a total value of $11,416,680.00. Following the completion of the transaction, the insider now directly owns 191,225 shares of the company’s stock, valued at approximately $49,617,150.75. This represents a 18.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,051,908 shares of company stock worth $218,824,285 over the last 90 days. 17.12% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CVNA. Sugarloaf Wealth Management LLC bought a new stake in shares of Carvana during the 3rd quarter worth $32,000. Versant Capital Management Inc purchased a new stake in Carvana during the fourth quarter worth about $42,000. Capital Performance Advisors LLP bought a new stake in Carvana in the third quarter worth about $40,000. First Horizon Advisors Inc. boosted its stake in Carvana by 363.0% in the third quarter. First Horizon Advisors Inc. now owns 250 shares of the company’s stock valued at $44,000 after acquiring an additional 196 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. bought a new position in shares of Carvana during the 2nd quarter valued at approximately $51,000. Hedge funds and other institutional investors own 56.71% of the company’s stock.

About Carvana

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.