Carvana Co. (CVNA)
NYSE: CVNA · Real-Time Price · USD
133.41
-7.73 (-5.48%)
At close: Sep 6, 2024, 4:00 PM
132.51
-0.90 (-0.67%)
After-hours: Sep 6, 2024, 7:29 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 147.79, with a low estimate of 85 and a high estimate of 200. The average target predicts an increase of 10.78% from the current stock price of 133.41.

Analyst Consensus: Buy
Target Low Average Median High
Price $85 $147.79 $151 $200
Change -36.29% +10.78% +13.18% +49.91%
* Price targets were last updated on Aug 7, 2024.

Analyst Ratings

The average analyst rating for Carvana Co. stock from 17 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 Mar '24Apr '24May '24Jun '24Jul '24Aug '24
Strong Buy 000022
Buy 223334
Hold 121414141010
Sell 111111
Strong Sell 000000
Total 151718181617

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$150$142
Hold Maintains $150$142 +6.44% Aug 7, 2024
JMP Securities
JMP Securities
Buy
Maintains
$150$200
Buy Maintains $150$200 +49.91% Aug 2, 2024
TD Cowen
TD Cowen
Hold
Maintains
$110$148
Hold Maintains $110$148 +10.94% Aug 1, 2024
BTIG
BTIG
Strong Buy
Maintains
$155$188
Strong Buy Maintains $155$188 +40.92% Aug 1, 2024
Morgan Stanley
Morgan Stanley
Sell
Maintains
$75$110
Sell Maintains $75$110 -17.55% Aug 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
13.33B
from 10.77B
Increased by 23.79%
Revenue Next Year
15.36B
from 13.33B
Increased by 15.21%
EPS This Year
0.44
from 0.75
Decreased by -40.83%
EPS Next Year
1.20
from 0.44
Increased by 171.52%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
3.94B5.59B12.81B13.60B10.77B13.33B15.36B18.00B
Revenue Growth
101.49%41.80%129.35%6.17%-20.82%23.79%15.21%17.15%
EPS
-2.45-2.63-1.63-15.740.750.441.202.52
EPS Growth
------40.83%171.52%109.78%
Forward PE
-----301.47111.0352.93
No. Analysts -----222214
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 14.3B 18.6B 20.9B
Avg 13.3B 15.4B 18.0B
Low 12.1B 13.1B 14.0B

Revenue Growth

Revenue Growth 20242025202620272028
High
32.6%
39.6%
36.0%
Avg
23.8%
15.2%
17.2%
Low
12.1%
-1.9%
-8.8%

EPS Forecast

EPS 20242025202620272028
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 20242025202620272028
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.