Carvana (CVNA) Expected to Post Quarterly Earnings on Wednesday

Carvana (NYSE:CVNA) will likely be releasing its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect Carvana to post earnings of $0.4409 per share and revenue of $7.70 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Wednesday, October 28, 2026 at 5:30 PM ET.

Carvana (NYSE:CVNA) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.39 by $0.03. The business had revenue of $7.38 billion for the quarter, compared to analyst estimates of $6.90 billion. Carvana had a return on equity of 37.06% and a net margin of 6.26%. The business’s quarterly revenue was up 52.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.51 EPS. On average, analysts expect Carvana to post $1.63 EPS for the current fiscal year and $2.16 EPS for the next fiscal year.

Carvana Price Performance

Shares of NYSE CVNA opened at $56.57 on Tuesday. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.93 and a quick ratio of 2.33. The stock has a market capitalization of $62.26 billion, a price-to-earnings ratio of 31.98, a PEG ratio of 1.71 and a beta of 3.55. The firm’s 50 day simple moving average is $66.61 and its 200-day simple moving average is $70.09. Carvana has a 12 month low of $54.46 and a 12 month high of $97.38.

Analyst Ratings Changes

A number of brokerages recently issued reports on CVNA. Jefferies Financial Group set a $88.00 price target on shares of Carvana and gave the stock a “buy” rating in a report on Tuesday, September 29th. Hovde Group raised their price target on shares of Carvana from $39.50 to $48.00 and gave the company a “market perform” rating in a research report on Tuesday, August 4th. Citizens Jmp cut their price objective on shares of Carvana from $103.00 to $83.00 and set a “market outperform” rating for the company in a report on Thursday, July 30th. Needham & Company LLC reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Carvana in a report on Thursday, July 30th. Finally, BTIG Research reiterated a “buy” rating and issued a $87.00 price objective on shares of Carvana in a research report on Friday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Carvana presently has a consensus rating of “Moderate Buy” and a consensus price target of $82.83.

Insider Buying and Selling

In other news, insider Thomas Taira sold 5,597 shares of the company’s stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $65.00, for a total transaction of $363,805.00. Following the completion of the transaction, the insider directly owned 357,442 shares of the company’s stock, valued at $23,233,730. This represents a 1.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Stephen R. Palmer sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $61.64, for a total value of $308,200.00. Following the transaction, the vice president directly owned 120,865 shares of the company’s stock, valued at approximately $7,450,118.60. The trade was a 3.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 358,161 shares of company stock valued at $24,164,285 in the last 90 days. Corporate insiders own 15.19% of the company’s stock.

Carvana Company Profile

Carvana Co (NYSE: CVNA) is an online automotive retailer that sells used vehicles through its digital platform. Customers can browse vehicles, review detailed descriptions and vehicle history information, arrange financing, complete transactions online and choose home delivery or pickup at a Carvana location.

The company also provides vehicle trade-in services and offers related products, including vehicle protection plans and other automotive services. Carvana is known for its automated, glass-enclosed vehicle vending machines, which provide an alternative pickup experience in select markets.

Founded in 2012 and headquartered in Tempe, Arizona, Carvana began operations as an online used-car retailer in 2013 and went public in 2017.