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NYSE: CVNA
Carvana Co Stock Forecast, Predictions & Price Target

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Analyst price target for CVNA

Based on 19 analysts offering 12 month price targets for Carvana Co.
Min Forecast
$31.00+43.85%
Avg Forecast
$86.26+300.29%
Max Forecast
$300.00+1,292.11%

Should I buy or sell CVNA stock?

Based on 22 analysts offering ratings for Carvana Co.
Buy
Strong Buy
3 analysts 13.64%
Buy
5 analysts 22.73%
Hold
13 analysts 59.09%
Sell
0 analysts 0%
Strong Sell
1 analysts 4.55%

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CVNA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Truist Securities
Bottom 38%
38
Strong BuyMaintains$50.00+132.02%2022-10-04
Piper Sandler
Top 3%
98
Strong BuyUpgrades$73.00+238.75%2022-09-12
Argus Research
Bottom 25%
25
HoldInitiates Coverage OnN/AN/A2022-08-18
Oppenheimer
Top 7%
94
BuyMaintains$100.00+364.04%2022-08-16
JP Morgan
Top 15%
86
Strong SellDowngrades$35.00+62.41%2022-08-08
Raymond James
HoldUpgradesN/AN/A2022-07-27
Morgan Stanley
Top 6%
95
HoldMaintains$75.00+248.03%2022-07-14
Wedbush
Top 8%
93
BuyMaintains$50.00+132.02%2022-07-05
Needham
Bottom 11%
11
BuyMaintains$31.00+43.85%2022-07-05
Stifel Nicolaus
Top 11%
90
HoldMaintains$34.00+57.77%2022-06-28

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Forecast return on equity

Is CVNA forecast to generate an efficient return?
Company
141.09%
Industry
62.14%
Market
122.06%
CVNA's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CVNA forecast to generate an efficient return on assets?
Company
7.24%
Industry
24.3%
CVNA is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CVNA earnings per share forecast

What is CVNA's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
-$7.74
Avg 2 year Forecast
-$4.63
Avg 3 year Forecast
-$1.71

CVNA revenue forecast

What is CVNA's revenue in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$15.4B+5.26%
Avg 2 year Forecast
$18.7B+27.74%
Avg 3 year Forecast
$22.0B+50.59%
CVNA's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CVNA revenue growth forecast

How is CVNA forecast to perform vs Internet Retail companies and vs the US market?
Company
14.6%
Industry
12.71%
Market
8.53%
CVNA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CVNA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CVNA vs Ecommerce Stocks

TickerPricePrice TargetUp/downsideConsensus
CVNA$21.55$86.26+300.29%Buy
W$35.57$86.47+143.11%Hold
GLBE$29.18$40.89+40.13%Strong Buy
FTCH$8.86$18.60+109.93%Buy
VIPS$8.94$10.53+17.82%Hold

Carvana Co Stock Forecast FAQ

Is Carvana Co Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 22 Wall Street analysts covering (NYSE: CVNA) stock is to Buy CVNA stock.

Out of 22 analysts, 3 (13.64%) are recommending CVNA as a Strong Buy, 5 (22.73%) are recommending CVNA as a Buy, 13 (59.09%) are recommending CVNA as a Hold, 0 (0%) are recommending CVNA as a Sell, and 1 (4.55%) are recommending CVNA as a Strong Sell.

If you're new to stock investing, here's how to buy Carvana Co stock.

What is CVNA's earnings growth forecast for 2022-2024?

(NYSE: CVNA) Carvana Co's forecast annual earnings growth rate of N/A is not forecast to beat the US Internet Retail industry's average forecast earnings growth rate of 43.06%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.88%.

Carvana Co's earnings in 2022 is -$619,000,000.On average, 9 Wall Street analysts forecast CVNA's earnings for 2022 to be -$1,460,558,147, with the lowest CVNA earnings forecast at -$1,715,306,661, and the highest CVNA earnings forecast at -$875,580,078. On average, 12 Wall Street analysts forecast CVNA's earnings for 2023 to be -$873,693,052, with the lowest CVNA earnings forecast at -$1,736,063,948, and the highest CVNA earnings forecast at $269,844,722.

In 2024, CVNA is forecast to generate -$322,681,451 in earnings, with the lowest earnings forecast at -$996,349,744 and the highest earnings forecast at $986,914,614.

What is CVNA's revenue growth forecast for 2022-2024?

(NYSE: CVNA) Carvana Co's forecast annual revenue growth rate of 14.6% is forecast to beat the US Internet Retail industry's average forecast revenue growth rate of 12.71%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.53%.

Carvana Co's revenue in 2022 is $14,614,000,000.On average, 12 Wall Street analysts forecast CVNA's revenue for 2022 to be $2,902,863,657,760, with the lowest CVNA revenue forecast at $2,767,453,122,981, and the highest CVNA revenue forecast at $3,040,806,581,471. On average, 12 Wall Street analysts forecast CVNA's revenue for 2023 to be $3,522,763,785,581, with the lowest CVNA revenue forecast at $2,849,080,019,258, and the highest CVNA revenue forecast at $4,215,789,757,415.

In 2024, CVNA is forecast to generate $4,152,955,564,668 in revenue, with the lowest revenue forecast at $3,081,769,010,314 and the highest revenue forecast at $5,332,439,297,693.

What is CVNA's forecast return on assets (ROA) for 2022-2025?

(NYSE: CVNA) forecast ROA is 7.24%, which is lower than the forecast US Internet Retail industry average of 24.3%.

What is CVNA's Price Target?

According to 19 Wall Street analysts that have issued a 1 year CVNA price target, the average CVNA price target is $86.26, with the highest CVNA stock price forecast at $300.00 and the lowest CVNA stock price forecast at $31.00.

On average, Wall Street analysts predict that Carvana Co's share price could reach $86.26 by Oct 4, 2023. The average Carvana Co stock price prediction forecasts a potential upside of 300.29% from the current CVNA share price of $21.55.

What is CVNA's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: CVNA) Carvana Co's current Earnings Per Share (EPS) is -$6.69. On average, analysts forecast that CVNA's EPS will be -$7.74 for 2022, with the lowest EPS forecast at -$9.09, and the highest EPS forecast at -$4.64. On average, analysts forecast that CVNA's EPS will be -$4.63 for 2023, with the lowest EPS forecast at -$9.20, and the highest EPS forecast at $1.43. In 2024, CVNA's EPS is forecast to hit -$1.71 (min: -$5.28, max: $5.23).

What is CVNA's forecast return on equity (ROE) for 2022-2025?

(NYSE: CVNA) forecast ROE is 141.09%, which is considered strong.
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