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Carvana (CVNA) Exceeds Market Returns: Some Facts to Consider
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In the latest close session, Carvana (CVNA - Free Report) was up +1.06% at $320.22. The stock's change was more than the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a loss of 0.18%, and the technology-centric Nasdaq increased by 0.1%.
Coming into today, shares of the company had lost 3.48% in the past month. In that same time, the Retail-Wholesale sector lost 2.61%, while the S&P 500 lost 1.74%.
The upcoming earnings release of Carvana will be of great interest to investors. The company's earnings report is expected on April 29, 2026. The company is expected to report EPS of $1.43, down 5.3% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $6.13 billion, up 44.96% from the year-ago period.
CVNA's full-year Zacks Consensus Estimates are calling for earnings of $7 per share and revenue of $27.02 billion. These results would represent year-over-year changes of -17.16% and +32.95%, respectively.
Any recent changes to analyst estimates for Carvana should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 0.2% rise in the Zacks Consensus EPS estimate. Currently, Carvana is carrying a Zacks Rank of #3 (Hold).
From a valuation perspective, Carvana is currently exchanging hands at a Forward P/E ratio of 45.26. This signifies a premium in comparison to the average Forward P/E of 16.38 for its industry.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 177, putting it in the bottom 28% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Carvana (CVNA) Exceeds Market Returns: Some Facts to Consider
In the latest close session, Carvana (CVNA - Free Report) was up +1.06% at $320.22. The stock's change was more than the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a loss of 0.18%, and the technology-centric Nasdaq increased by 0.1%.
Coming into today, shares of the company had lost 3.48% in the past month. In that same time, the Retail-Wholesale sector lost 2.61%, while the S&P 500 lost 1.74%.
The upcoming earnings release of Carvana will be of great interest to investors. The company's earnings report is expected on April 29, 2026. The company is expected to report EPS of $1.43, down 5.3% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $6.13 billion, up 44.96% from the year-ago period.
CVNA's full-year Zacks Consensus Estimates are calling for earnings of $7 per share and revenue of $27.02 billion. These results would represent year-over-year changes of -17.16% and +32.95%, respectively.
Any recent changes to analyst estimates for Carvana should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 0.2% rise in the Zacks Consensus EPS estimate. Currently, Carvana is carrying a Zacks Rank of #3 (Hold).
From a valuation perspective, Carvana is currently exchanging hands at a Forward P/E ratio of 45.26. This signifies a premium in comparison to the average Forward P/E of 16.38 for its industry.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 177, putting it in the bottom 28% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.