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

OverviewForecast
EarningsDividendOwnership

Analyst price target for CVNA

Based on 15 analysts offering 12 month price targets for Carvana Co.
Min Forecast
$283.00+7.56%
Avg Forecast
$364.07+38.37%
Max Forecast
$470.00+78.63%

Should I buy or sell CVNA stock?

Based on 16 analysts offering ratings for Carvana Co.
Strong Buy
Strong Buy
7 analysts 43.75%
Buy
6 analysts 37.5%
Hold
3 analysts 18.75%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CVNA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 1%
100
Strong BuyMaintains$375.00+42.52%2021-12-03
Needham
Bottom 6%
6
BuyMaintains$378.00+43.66%2021-11-05
Wedbush
Top 5%
96
BuyUpgrades$360.00+36.82%2021-10-11
Citigroup
Top 8%
93
Strong BuyMaintains$405.00+53.92%2021-08-18
JMP Securities
Top 2%
99
BuyMaintains$470.00+78.63%2021-08-09
KeyBanc
Top 1%
100
Strong BuyMaintains$410.00+55.82%2021-08-06
Anonymous
Piper Sandler
HoldDowngrades$306.00+16.30%2021-06-29
Jefferies
Top 43%
58
Strong BuyMaintains$400.00+52.02%2021-06-23
JP Morgan
Top 28%
73
HoldDowngrades$325.00+23.52%2021-06-23
Baird
Top 14%
87
BuyMaintains$335.00+27.32%2021-06-17

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Forecast return on equity

Is CVNA forecast to generate an efficient return?
Company
169.65%
Industry
71.3%
Market
37.06%
CVNA's Return on Equity is forecast to be high in 3 years (169.65%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is CVNA forecast to generate an efficient return on assets?
Company
12.19%
Industry
26.91%
CVNA is forecast to generate lower Return on Assets (12.19%) than the US Internet Retail industry average (26.91%)
Forecast

CVNA earnings per share forecast

What is CVNA's earnings per share in the next 3 years based on estimates from 14 analysts?
Avg 1 year Forecast
-$1.09-25.85%
Avg 2 year Forecast
-$0.27-81.63%
Avg 3 year Forecast
$1.47-200%

CVNA revenue forecast

What is CVNA's revenue in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$12.5B+14.76%
Avg 2 year Forecast
$16.3B+50.07%
Avg 3 year Forecast
$21.2B+94.31%
CVNA's revenue is forecast to grow at an exceptional rate of 24.34% per year
Forecast

CVNA revenue growth forecast

How is CVNA forecast to perform vs Internet Retail companies and vs the US market?
Company
24.34%
Industry
13.04%
Market
10.03%
CVNA's revenues are forecast to grow faster (24.34% per year) than the US Internet Retail industry average (13.04%)
Forecast
CVNA's revenues are forecast to grow faster (24.34% per year) than the US market average (10.03%)
Forecast

Carvana Stock Forecast FAQ

Is Carvana Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 16 Wall Street analysts covering (NYSE: CVNA) stock is to Strong Buy CVNA stock.

Out of 16 analysts, 7 (43.75%) are recommending CVNA as a Strong Buy, 6 (37.5%) are recommending CVNA as a Buy, 3 (18.75%) are recommending CVNA as a Hold, 0 (0%) are recommending CVNA as a Sell, and 0 (0%) are recommending CVNA as a Strong Sell.

What is CVNA's earnings growth forecast for 2021-2023?

(NYSE: CVNA) Carvana'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 22.21%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Carvana's earnings in 2021 is -$109,338,000.On average, 14 Wall Street analysts forecast CVNA's earnings for 2021 to be $-188,338,420, with the lowest CVNA earnings forecast at $-283,371,567, and the highest CVNA earnings forecast at $-12,095,128. On average, 13 Wall Street analysts forecast CVNA's earnings for 2022 to be $-46,652,636, with the lowest CVNA earnings forecast at $-207,345,049, and the highest CVNA earnings forecast at $100,216,774.

In 2023, CVNA is forecast to generate $253,997,685 in earnings, with the lowest earnings forecast at $145,141,534 and the highest earnings forecast at $466,526,361.

What is CVNA's revenue growth forecast for 2021-2023?

(NYSE: CVNA) Carvana's forecast annual revenue growth rate of 24.34% is forecast to beat the US Internet Retail industry's average forecast revenue growth rate of 13.04%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Carvana's revenue in 2021 is $10,887,406,000.On average, 12 Wall Street analysts forecast CVNA's revenue for 2021 to be $2,158,930,907,558, with the lowest CVNA revenue forecast at $1,978,083,864,496, and the highest CVNA revenue forecast at $2,219,979,510,394. On average, 12 Wall Street analysts forecast CVNA's revenue for 2022 to be $2,823,192,911,153, with the lowest CVNA revenue forecast at $2,293,967,135,450, and the highest CVNA revenue forecast at $3,100,586,029,475.

In 2023, CVNA is forecast to generate $3,655,455,549,712 in revenue, with the lowest revenue forecast at $3,060,362,817,805 and the highest revenue forecast at $4,458,626,986,718.

What is CVNA's forecast return on assets (ROA) for 2021-2024?

(NYSE: CVNA) forecast ROA is 12.19%, which is lower than the forecast US Internet Retail industry average of 26.91%.

What is CVNA's Price Target?

According to 15 Wall Street analysts that have issued a 1 year CVNA price target, the average CVNA price target is $364.07, with the highest CVNA stock price forecast at $470.00 and the lowest CVNA stock price forecast at $283.00.

On average, Wall Street analysts predict that Carvana's share price could stay at $364.07 by Dec 3, 2022. The average Carvana stock price prediction forecasts a potential downside of N/A from the current CVNA share price of $263.12.

What is CVNA's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: CVNA) Carvana's current Earnings Per Share (EPS) is -$1.47. On average, analysts forecast that CVNA's EPS will be $-1.09 for 2021, with the lowest EPS forecast at $-1.64, and the highest EPS forecast at $-0.07. On average, analysts forecast that CVNA's EPS will be $-0.27 for 2022, with the lowest EPS forecast at $-1.20, and the highest EPS forecast at $0.58. In 2023, CVNA's EPS is forecast to hit $1.47 (min: $0.84, max: $2.70).

What is CVNA's forecast return on equity (ROE) for 2021-2024?

(NYSE: CVNA) forecast ROE is 169.65%, which is considered strong.
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