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

Analyst price target for CVNA

Based on 12 analysts offering 12 month price targets for Carvana Co.
Min Forecast
$15.00-62.73%
Avg Forecast
$42.67+6%
Max Forecast
$60.00+49.07%

Should I buy or sell CVNA stock?

Based on 12 analysts offering ratings for Carvana Co.
Sell
Strong Buy
0 analysts 0%
Buy
1 analysts 8.33%
Hold
7 analysts 58.33%
Sell
2 analysts 16.67%
Strong Sell
2 analysts 16.67%

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CVNA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wedbush
Top 24%
77
HoldUpgrades$48.00+19.25%2023-09-18
Evercore ISI Group
Bottom 26%
26
HoldMaintains$42.00+4.35%2023-09-08
JMP Securities
Top 5%
96
BuyReiterates$60.00+49.07%2023-08-14
Morgan Stanley
Top 3%
98
Strong SellMaintains$37.00-8.07%2023-08-11
Jefferies
Top 26%
75
SellDowngrades$30.00-25.47%2023-07-31Find out why
Stephens & Co.
Top 8%
93
HoldMaintains$42.00+4.35%2023-07-25Find out why
Citigroup
Top 6%
95
HoldMaintains$50.00+24.22%2023-07-21Find out why
Piper Sandler
Top 1%
100
HoldDowngrades$48.00+19.25%2023-07-21Find out why
JP Morgan
Top 11%
90
Strong SellMaintains$15.00-62.73%2023-07-20Find out why
Wells Fargo
Top 1%
100
HoldMaintains$50.00+24.22%2023-07-20Find out why

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Forecast return on equity

Is CVNA forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
28.76%

Forecast return on assets

Is CVNA forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

CVNA revenue growth forecast

How is CVNA forecast to perform vs Auto & Truck Dealerships companies and vs the US market?
Company
33.85%
Industry
17.39%
Market
8.15%
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 Auto & Truck Dealership Stocks

TickerPricePrice TargetUp/downsideConsensus
CVNA$40.25$42.67+6.00%Sell
LAD$290.30$329.43+13.48%Buy
AN$151.00$166.75+10.43%Buy
ABG$223.69$165.00-26.24%Strong Sell
PAG$162.11$147.67-8.91%Sell

Carvana Co Stock Forecast FAQ

Is Carvana Co Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NYSE: CVNA) stock is to Sell CVNA stock.

Out of 12 analysts, 0 (0%) are recommending CVNA as a Strong Buy, 1 (8.33%) are recommending CVNA as a Buy, 7 (58.33%) are recommending CVNA as a Hold, 2 (16.67%) are recommending CVNA as a Sell, and 2 (16.67%) 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 forecast return on equity (ROE) for 2023-2026?

(NYSE: CVNA) forecast ROE is N/A, which is considered weak.

What is CVNA's Price Target?

According to 12 Wall Street analysts that have issued a 1 year CVNA price target, the average CVNA price target is $42.67, with the highest CVNA stock price forecast at $60.00 and the lowest CVNA stock price forecast at $15.00.

On average, Wall Street analysts predict that Carvana Co's share price could reach $42.67 by Sep 18, 2024. The average Carvana Co stock price prediction forecasts a potential upside of 6% from the current CVNA share price of $40.25.

What is CVNA's forecast return on assets (ROA) for 2023-2026?

(NYSE: CVNA) forecast ROA is N/A, which is lower than the forecast US Auto & Truck Dealerships industry average of N/A.
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