Carvana Co. (CVNA)
NYSE: CVNA · IEX Real-Time Price · USD
117.50
0.00 (0.00%)
At close: May 20, 2024, 4:00 PM
117.94
+0.44 (0.37%)
After-hours: May 20, 2024, 7:59 PM EDT
Carvana Co. Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Carvana Co. stock have an average target of 86.36, with a low estimate of 38 and a high estimate of 135. The average target predicts a decrease of -26.50% from the current stock price of 117.50.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Carvana Co. stock from 18 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 2 | 2 | 2 | 3 |
| Hold | 15 | 13 | 11 | 12 | 14 | 14 |
| Sell | 3 | 3 | 3 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 17 | 16 | 15 | 17 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $135 | Buy | Reiterates | $135 | +14.89% | May 14, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $80 → $135 | Buy | Maintains | $80 → $135 | +14.89% | May 3, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $70 → $110 | Hold | Maintains | $70 → $110 | -6.38% | May 2, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $90 → $130 | Hold | Maintains | $90 → $130 | +10.64% | May 2, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $60 → $77 | Hold | Maintains | $60 → $77 | -34.47% | May 2, 2024 |
Financial Forecast
Revenue This Year
11.34B
from 10.77B
Increased by 5.32%
Revenue Next Year
13.03B
from 11.34B
Increased by 14.90%
EPS This Year
-3.16
from 0.75
EPS Next Year
-2.51
from -3.16
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.7B | 15.8B | 20.0B | 30.5B | 37.8B |
| Avg | 11.3B | 13.0B | 15.8B | 20.9B | 24.5B |
| Low | 10.3B | 10.9B | 12.0B | 14.8B | 16.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.1% | 39.2% | 53.1% | 93.0% | 81.1% |
| Avg | 5.3% | 14.9% | 21.1% | 32.3% | 17.5% |
| Low | -4.5% | -3.6% | -7.7% | -5.9% | -22.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.93 | -1.49 | -0.74 | 1.45 | 2.33 |
| Avg | -3.16 | -2.51 | -1.29 | 1.26 | 2.12 |
| Low | -6.00 | -5.28 | -3.49 | 1.07 | 1.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 85.0% |
| Avg | - | - | - | - | 68.4% |
| Low | - | - | - | - | 50.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.