Carvana Co. (CVNA)
NYSE: CVNA · Real-Time Price · USD
224.06
+0.17 (0.08%)
Dec 26, 2024, 4:00 PM EST - Market closed
Carvana Co. Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Carvana Co. stock have an average target of 220.35, with a low estimate of 130 and a high estimate of 330. The average target predicts a decrease of -1.66% from the current stock price of 224.06.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Buy | 3 | 4 | 5 | 5 | 5 | 5 |
| Hold | 10 | 10 | 10 | 10 | 11 | 11 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 17 | 19 | 19 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $320 | Buy | Reiterates | $320 | +42.82% | Dec 16, 2024 |
| Needham | Needham | Strong Buy Maintains $300 → $330 | Strong Buy | Maintains | $300 → $330 | +47.28% | Dec 9, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $240 → $245 | Hold | Maintains | $240 → $245 | +9.35% | Dec 3, 2024 |
| Morgan Stanley | Morgan Stanley | Sell → Hold Upgrades $110 → $260 | Sell → Hold | Upgrades | $110 → $260 | +16.04% | Nov 5, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $200 → $320 | Buy | Maintains | $200 → $320 | +42.82% | Oct 31, 2024 |
Financial Forecast
Revenue This Year
13.68B
from 10.77B
Increased by 26.96%
Revenue Next Year
15.99B
from 13.68B
Increased by 16.94%
EPS This Year
1.35
from 0.75
Increased by 79.91%
EPS Next Year
2.43
from 1.35
Increased by 80.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 14.4B | 18.4B | 22.2B | |||
| Avg | 13.7B | 16.0B | 18.7B | |||
| Low | 12.9B | 13.4B | 16.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 33.9% | 34.2% | 38.8% | |||
| Avg | 27.0% | 16.9% | 17.2% | |||
| Low | 19.5% | -2.2% | 1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.67 | 3.52 | 6.73 | |||
| Avg | 1.35 | 2.43 | 4.42 | |||
| Low | 0.93 | 0.75 | 2.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 123.2% | 161.4% | 177.5% | |||
| Avg | 79.9% | 80.3% | 82.2% | |||
| Low | 24.5% | -43.9% | 20.0% |
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.