Carvana Co. (CVNA)

Carvana Co. Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Carvana Co. stock have an average target of 260.89, with a low estimate of 148 and a high estimate of 340. The average target predicts an increase of 27.63% from the current stock price of 204.41.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$148	$260.89	$260	$340
Change	-27.60%	+27.63%	+27.20%	+66.33%

Analyst Ratings

The average analyst rating for Carvana Co. stock from 18 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	3	3	3	4	4	4
Buy	5	5	5	7	6	8
Hold	10	11	11	9	8	6
Sell	1	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	19	19	19	20	18	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rajat Gupta JP Morgan	JP Morgan	Buy Maintains $365 → $325	Buy	Maintains	$365 → $325	+58.99%	Mar 27, 2025
Adam Jonas Morgan Stanley	Morgan Stanley	Hold → Buy Upgrades $260 → $280	Hold → Buy	Upgrades	$260 → $280	+36.98%	Mar 25, 2025
Alexander Potter Piper Sandler	Piper Sandler	Hold → Buy Upgrades $225	Hold → Buy	Upgrades	$225	+10.07%	Mar 20, 2025
Michael McGovern B of A Securities	B of A Securities	Strong Buy Maintains $270 → $220	Strong Buy	Maintains	$270 → $220	+7.63%	Mar 14, 2025
Michael Montani Evercore ISI Group	Evercore ISI Group	Hold Maintains $250 → $240	Hold	Maintains	$250 → $240	+17.41%	Mar 11, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

16.87B

Increased by 23.40%

from 13.67B

Revenue Next Year

19.87B

Increased by 17.77%

from 16.87B

EPS This Year

2.84

Increased by 78.58%

from 1.59

EPS Next Year

4.45

Increased by 56.89%

from 2.84

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	5.59B	12.81B	13.60B	10.77B	13.67B	16.87B	19.87B	23.69B
Revenue Growth	41.80%	129.35%	6.17%	-20.83%	26.94%	23.40%	17.77%	19.19%
EPS	-2.63	-1.63	-15.74	0.75	1.59	2.84	4.45	5.49
EPS Growth	-	-	-	-	112.61%	78.58%	56.89%	23.28%
Forward PE	-	-	-	-	-	71.99	45.89	37.22
No. Analysts	-	-	-	-	-	23	21	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	18.3B	23.3B	28.8B
Avg	16.9B	19.9B	23.7B
Low	15.2B	17.3B	20.3B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	34.1%	38.1%	45.1%
Avg	23.4%	17.8%	19.2%
Low	11.4%	2.3%	2.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	4.35	5.84	7.41
Avg	2.84	4.45	5.49
Low	0.75	1.91	2.40

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	173.5%	105.8%	66.3%
Avg	78.6%	56.9%	23.3%
Low	-52.5%	-32.7%	-46.1%

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.