Carvana Co (CVNA)
NYSE:CVNA

Carvana Co (CVNA) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

CVNA Analyst Ratings

Hold
17Ratings
5 Buy
11 Hold
1 Sell
Based on 17 analysts giving stock ratings to
Carvana
Co
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

CVNA Stock 12 Months Forecast

Average Price Target

$29.00
▲(263.86% Upside)
Based on 17 Wall Street analysts offering 12 month price targets for Carvana Co in the last 3 months. The average price target is $29.00 with a high forecast of $73.00 and a low forecast of $7.00. The average price target represents a 263.86% change from the last price of $7.97.
Highest Price Target$73.00Average Price Target$29.00Lowest Price Target$7.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Wells Fargo
$25.00
Hold
213.68%
Upside
Reiterated
Carvana Co (CVNA) Receives a Rating Update from a Top Analyst
Bank of America Securities
$55.00
Buy
590.09%
Upside
Reiterated
Carvana (CVNA) PT Lowered to $55 at BofA SecuritiesBofA Securities analyst Nat Schindler lowered the price target on Carvana (NYSE: CVNA) to $55.00 (from $64.00) while maintaining a Buy rating.
Wedbush
$15.00
Hold
88.21%
Upside
Downgraded
Carvanas bloated costs stand in the way of its goals, analyst says in downgradeWedbush analyst Seth Basham downgraded Carvanas stock to neutral from outperform Tuesday, writing that "a further deterioration in market conditions, a bloated cost structure, and high cash burn" make it difficult for the company to achieve its potential.
Morgan Stanley
$68.00
Hold
753.20%
Upside
Reiterated
Carvana (CVNA) PT Lowered to $68 at Morgan StanleyMorgan Stanley analyst Adam Jonas lowered the price target on Carvana (NYSE: CVNA) to $68.00 (from $75.00) while maintaining an Equalweight rating after previewing Q3.
Jefferies
$23.00
Hold
188.58%
Upside
Reiterated
Jefferies Maintains Hold on Carvana, Lowers Price Target to $23
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CVNA Financial Forecast

CVNA Earnings Forecast
Next quarter’s earnings estimate for CVNA is -$2.06 with a range of -$2.43 to -$1.14. The previous quarter’s EPS was -$2.67. CVNA beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 61.94% of the time in the same period. In the last calendar year CVNA has Underperformed its overall industry.
Next quarter’s earnings estimate for CVNA is -$2.06 with a range of -$2.43 to -$1.14. The previous quarter’s EPS was -$2.67. CVNA beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 61.94% of the time in the same period. In the last calendar year CVNA has Underperformed its overall industry.
CVNA Sales Forecast
Next quarter’s sales forecast for CVNA is $3.18B with a range of $2.90B to $3.48B. The previous quarter’s sales results were $3.39B. CVNA beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 68.24% of the time in the same period. In the last calendar year CVNA has Underperformed its overall industry.
Next quarter’s sales forecast for CVNA is $3.18B with a range of $2.90B to $3.48B. The previous quarter’s sales results were $3.39B. CVNA beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 68.24% of the time in the same period. In the last calendar year CVNA has Underperformed its overall industry.
CVNA Analyst Recommendation Trends
In the current month, CVNA has received 3 Buy ratings 8 Hold ratings, and 1 Sell ratings. The CVNA average analyst price target in the past 3 months is $29.00
In the current month, CVNA has received 3 Buy ratings 8 Hold ratings, and 1 Sell ratings. The CVNA average analyst price target in the past 3 months is $29.00

CVNA Stock Forecast FAQ

What is CVNA’s average 12-month price target, according to analysts?
Based on analyst ratings, Carvana Co’s 12-month average price target is $29.00.
    What is CVNA’s upside potential, based on the analysts’ average price target?
    Carvana Co has 263.86% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is CVNA a Buy, Sell or Hold?
          Carvana Co has a conensus rating of Hold which is based on 5 buy ratings, 11 hold ratings and 1 sell ratings.
            What is Carvana Co’s price target?
            The average price target for Carvana Co is $29.00. This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $73.00 ,the lowest forecast is $7.00. The average price target represents 263.86% Increase from the current price of $7.97.
              What do analysts say about Carvana Co?
              Carvana Co’s analyst rating consensus is a ‘Hold. This is based on the ratings of 17 Wall Streets Analysts.

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