Carvana Co. (CVNA)
NYSE: CVNA · Real-Time Price · USD
247.31
+40.00 (19.29%)
At close: Oct 31, 2024, 4:04 PM
250.50
+3.19 (1.29%)
After-hours: Oct 31, 2024, 7:59 PM EDT
Carvana Co. Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Carvana Co. stock have an average target of 206.53, with a low estimate of 110 and a high estimate of 320. The average target predicts a decrease of -16.49% from the current stock price of 247.31.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Carvana Co. stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 2 | 2 | 3 | 3 |
| Buy | 3 | 3 | 3 | 4 | 5 | 5 |
| Hold | 14 | 14 | 10 | 10 | 10 | 10 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 16 | 17 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Maintains $200 → $320 | Buy | Maintains | $200 → $320 | +29.39% | Oct 31, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $151 → $225 | Hold | Maintains | $151 → $225 | -9.02% | Oct 31, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $230 → $300 | Buy | Maintains | $230 → $300 | +21.31% | Oct 31, 2024 |
| Needham | Needham | Strong Buy Maintains $200 → $300 | Strong Buy | Maintains | $200 → $300 | +21.31% | Oct 31, 2024 |
| Baird | Baird | Hold Maintains $160 → $240 | Hold | Maintains | $160 → $240 | -2.96% | Oct 31, 2024 |
Financial Forecast
Revenue This Year
13.38B
from 10.77B
Increased by 24.19%
Revenue Next Year
15.47B
from 13.38B
Increased by 15.61%
EPS This Year
0.44
from 0.75
Decreased by -40.83%
EPS Next Year
1.20
from 0.44
Increased by 171.52%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.3B | 18.6B | 20.9B | ||
| Avg | 13.4B | 15.5B | 17.9B | ||
| Low | 12.1B | 13.1B | 14.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.6% | 39.1% | 35.1% | ||
| Avg | 24.2% | 15.6% | 15.8% | ||
| Low | 12.8% | -2.2% | -9.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.91 | 2.33 | 4.33 | ||
| Avg | 0.44 | 1.20 | 2.52 | ||
| Low | -0.89 | -0.27 | 0.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.2% | 426.7% | 260.0% | ||
| Avg | -40.8% | 171.5% | 109.8% | ||
| Low | - | - | -25.8% |
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.