Carvana Co (NYSE: CVNA) Bullish Outlook Still Prevails With Short Term Targets At $295

Carvana Co (NYSE:CVNA) does about 4.64M shares in volume on a normal day but saw 5106536 shares change hands in the recent trading day. The company now has a market cap of 62.11B USD. Its current market price is $290.05, marking a decrease of -2.35% compared to the previous close of $297.03. The 52 week high reached by this stock is $351.43 whilst the lowest price level in 52 weeks is $100.05. The script in recent trading has seen the stock touch a high of $340 and a low of $250.

25 analysts observing the Carvana Co (CVNA) stock have set the 12-month price targets for the company’s shares at between $250 and $340. The consensus objective for the share price is $312.33, suggesting that the stock has a potential upside of 7.13% over the period. The median price target is 1.68% away from the current levels at $295.

FactSet Research has provided data showing that 25 brokerages have issued ratings for the stock. 2 analysts have rated it as a sell, while 0 advise that it is a overweight. 12 analysts have rated it as a buy and 11 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 25, 2025 when Morgan Stanley upgraded the stock to “Overweight” and issued a price target of between $260 and $280. Piper Sandler also upgraded the stock to “Overweight” from Neutral on March 20, 2025 at a price target of $225. Citigroup upgraded its price target at $195-$277.

The current price level is -9.54%, 7.15%, and 27.90% away from its SMA20, SMA50, and SMA200 respectively, with the CVNA price moving above the 50-day SMA on current market day. Carvana Co (CVNA) stock is down -14.67% over the week and -2.47% over the past month. Its price is 42.63% year-to-date and 161.14% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 1.09 and 4.85 for whole year. Expected sales for next quarter are $4.6B, which analysts say will come at $17.8B for the current fiscal year and next year at $21.59B. In addition, estimates put the company’s current quarterly revenue at an average of $4.54B.

Its 12-month price target is $295. To reach the target analysts have set, the stock logically needs to grow 7.13 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $250, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $340.

The company has a return on investment of 5.55% and return on equity of 44.39%. The price to earnings ratio (P/E ratio) amounts to 101.55 while the forward price to earnings ratio is 49.37. The beta has a value of 3.65. Price to book ratio is 25.92 and price to sales ratio is 4.18.

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