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Carvana Co (CVNA)
NYSE:CVNA
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Carvana Co (CVNA) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

CVNA Analyst Ratings

Strong Buy
20Ratings
Strong Buy
15 Buy
5 Hold
0 Sell
Based on 20 analysts giving stock ratings to
Carvana
Co
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

CVNA Stock 12 Month Forecast

Average Price Target

$438.50
▲(23.22% Upside)
Based on 20 Wall Street analysts offering 12 month price targets for Carvana Co in the last 3 months. The average price target is $438.50 with a high forecast of $500.00 and a low forecast of $330.00. The average price target represents a 23.22% change from the last price of $355.87.
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 20,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 18, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":229.08,"date":1730419200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 17,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 15, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":254.94,"date":1733011200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 19,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 14, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":203.36,"date":1735689600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 18,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 12, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":247.48,"date":1738368000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 27,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 16, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":233.1,"date":1740787200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 37,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 17, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":212.59,"date":1743465600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 37,\t&nbsp; </span>\n              <span  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style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":338.26,"date":1751328000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 48,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 18, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":367.78,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 40,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 14, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":366.39,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 36,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 11, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":395.41,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 18,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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Highest Price Target$500.00Average Price Target$438.50Lowest Price Target$330.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Jefferies
$475
Buy
33.48%
Upside
Reiterated
10/22/25
Jefferies keeps 'above-Street' estimates unchanged for CarvanaJefferies keeps 'above-Street' estimates unchanged for Carvana
TR | OpenAI - 4o Analyst forecast on CVNA
TR | OpenAI - 4o
TR | OpenAI - 4o
$402
Buy
12.96%
Upside
Reiterated
10/22/25
AI Generated ArticleAI Generated Article
J.P. Morgan Analyst forecast on CVNA
J.P. Morgan
J.P. Morgan
$425$490
Buy
37.69%
Upside
Reiterated
10/21/25
JPMorgan ups Carvana target, adds 'Positive Catalyst Watch'JPMorgan ups Carvana target, adds 'Positive Catalyst Watch'
William Blair Analyst forecast on CVNA
William Blair
William Blair
Buy
Reiterated
10/21/25
Carvana's Strong Growth Trajectory and Strategic Positioning Earns 'Buy' Rating from Analyst Sharon ZackfiaWe expect another record quarter at Carvana, with across-the-board upside to third-quarter consensus expectations. With our web data analysis suggesting an uptick in trends in September, we are increasing our projection for used units sold to 154,500, representing growth of 42% (a slight uptick from 41% growth in the second quarter) and nearly 3,700 ahead of consensus of roughly 150,800. With Carvana poised to post its fourth straight quarter of 40%-plus growth in retail units sold, evidence continues to mount that Carvana is in the early stages of a strong feedback loop as it scales, with higher levels of sales enabling a broader inventory selection, which in turn stimulates conversion and sales in an industry in which every product is eminently unique (age, mileage, options, color, etc.).
Wells Fargo Analyst forecast on CVNA
Wells Fargo
Wells Fargo
$425
Buy
19.43%
Upside
Reiterated
10/21/25
Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: CAVA Group, Inc. (NYSE: CAVA) and Carvana Co (NYSE: CVNA)
Mizuho Securities Analyst forecast on CVNA
Unknown Analyst
Mizuho Securities
Not Ranked
Mizuho Securities
$425$490
Buy
37.69%
Upside
Reiterated
10/21/25
Mizuho Securities Sticks to Their Buy Rating for Carvana Co (CVNA)JPMorgan raised the firm's price target on Carvana to $490 from $425 and keeps an Overweight rating on the shares.
BTIG
$450
Buy
26.45%
Upside
Reiterated
10/17/25
Carvana's September data showing improved loss development, says BTIGCarvana's September data showing improved loss development, says BTIG
Citi
$490
Buy
37.69%
Upside
Reiterated
10/09/25
Citi opens 'upside 90-day catalyst watch' on CarvanaCiti opens 'upside 90-day catalyst watch' on Carvana
Gordon Haskett Capital Corporation Analyst forecast on CVNA
Gordon Haskett Capital Corporation
Gordon Haskett Capital Corporation
$369$388
Hold
9.03%
Upside
Reiterated
10/07/25
Carvana Co (CVNA) Gets a Hold from Gordon Haskett Capital CorporationGordon Haskett analyst Robert Mollins raised the price target on Carvana (NYSE: CVNA) to $388.00 (from $369.00) while maintaining a Hold (3) rating.
Morgan Stanley Analyst forecast on CVNA
Morgan Stanley
Morgan Stanley
$450
Buy
26.45%
Upside
Reiterated
10/06/25
Carvana's Competitive Edge and Growth Prospects Drive Buy RatingWe expect Carvana to grow to 12% share of the used car market by 2040 (up from 1.5% today) – and meet its 3mn unit target (~7% share) in 2033 – as the company cements its competitive moat. Carvana's value proposition is only beginning to be appreciated by consumers in its return to growth (as reflected in a step change in brand affinity and online engagement data). Velocity: PT to $450, Aug 2025). With the stark contrast in execution from KMX (-) and CVNA (+), we note that to support our $56 PT and OW rating, Carmax needs to grow share from 2.1% today to 2.2% by end of decade and 2.8% by FY40 – a vastly different growth curve. Morgan Stanley & Co.
Stephens Analyst forecast on CVNA
Stephens
Stephens
$440
Buy
23.64%
Upside
Reiterated
09/18/25
Carvana Co (CVNA) Gets a Buy from StephensCarvana Co.(CVNA, $378.06) Rating: Overweight Price Target: $440.00
Citizens JMP Analyst forecast on CVNA
Citizens JMP
Citizens JMP
$460
Buy
29.26%
Upside
Reiterated
08/25/25
Carvana Co (CVNA) Gets a Buy from Citizens JMPCitizens JMP analyst Andrew Boone reiterated a Market Outperform rating and $460.00 price target on Carvana (NYSE: CVNA).
Bank of America Securities Analyst forecast on CVNA
Bank of America Securities
Bank of America Securities
$425
Buy
19.43%
Upside
Reiterated
08/20/25
Analysts Are Bullish on Top Consumer Cyclical Stocks: Carvana Co (CVNA), H World Group (HTHT)
Evercore ISI Analyst forecast on CVNA
Evercore ISI
Evercore ISI
$365$370
Hold
3.97%
Upside
Reiterated
08/12/25
Evercore ISI Sticks to Its Hold Rating for Carvana Co (CVNA)
RBC Capital Analyst forecast on CVNA
RBC Capital
RBC Capital
$400$460
Buy
29.26%
Upside
Reiterated
07/31/25
RBC Capital Remains a Buy on Carvana Co (CVNA)RBC Capital analyst Brad Erickson raised the price target on Carvana (NYSE: CVNA) to $460.00 (from $400.00) while maintaining a Outperform rating.
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Jefferies
$475
Buy
33.48%
Upside
Reiterated
10/22/25
Jefferies keeps 'above-Street' estimates unchanged for CarvanaJefferies keeps 'above-Street' estimates unchanged for Carvana
TR | OpenAI - 4o Analyst forecast on CVNA
TR | OpenAI - 4o
TR | OpenAI - 4o
$402
Buy
12.96%
Upside
Reiterated
10/22/25
AI Generated ArticleAI Generated Article
J.P. Morgan Analyst forecast on CVNA
J.P. Morgan
J.P. Morgan
$425$490
Buy
37.69%
Upside
Reiterated
10/21/25
JPMorgan ups Carvana target, adds 'Positive Catalyst Watch'JPMorgan ups Carvana target, adds 'Positive Catalyst Watch'
William Blair Analyst forecast on CVNA
William Blair
William Blair
Buy
Reiterated
10/21/25
Carvana's Strong Growth Trajectory and Strategic Positioning Earns 'Buy' Rating from Analyst Sharon ZackfiaWe expect another record quarter at Carvana, with across-the-board upside to third-quarter consensus expectations. With our web data analysis suggesting an uptick in trends in September, we are increasing our projection for used units sold to 154,500, representing growth of 42% (a slight uptick from 41% growth in the second quarter) and nearly 3,700 ahead of consensus of roughly 150,800. With Carvana poised to post its fourth straight quarter of 40%-plus growth in retail units sold, evidence continues to mount that Carvana is in the early stages of a strong feedback loop as it scales, with higher levels of sales enabling a broader inventory selection, which in turn stimulates conversion and sales in an industry in which every product is eminently unique (age, mileage, options, color, etc.).
Wells Fargo Analyst forecast on CVNA
Wells Fargo
Wells Fargo
$425
Buy
19.43%
Upside
Reiterated
10/21/25
Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: CAVA Group, Inc. (NYSE: CAVA) and Carvana Co (NYSE: CVNA)
Mizuho Securities Analyst forecast on CVNA
Unknown Analyst
Mizuho Securities
Not Ranked
Mizuho Securities
$425$490
Buy
37.69%
Upside
Reiterated
10/21/25
Mizuho Securities Sticks to Their Buy Rating for Carvana Co (CVNA)JPMorgan raised the firm's price target on Carvana to $490 from $425 and keeps an Overweight rating on the shares.
BTIG
$450
Buy
26.45%
Upside
Reiterated
10/17/25
Carvana's September data showing improved loss development, says BTIGCarvana's September data showing improved loss development, says BTIG
Citi
$490
Buy
37.69%
Upside
Reiterated
10/09/25
Citi opens 'upside 90-day catalyst watch' on CarvanaCiti opens 'upside 90-day catalyst watch' on Carvana
Gordon Haskett Capital Corporation Analyst forecast on CVNA
Gordon Haskett Capital Corporation
Gordon Haskett Capital Corporation
$369$388
Hold
9.03%
Upside
Reiterated
10/07/25
Carvana Co (CVNA) Gets a Hold from Gordon Haskett Capital CorporationGordon Haskett analyst Robert Mollins raised the price target on Carvana (NYSE: CVNA) to $388.00 (from $369.00) while maintaining a Hold (3) rating.
Morgan Stanley Analyst forecast on CVNA
Morgan Stanley
Morgan Stanley
$450
Buy
26.45%
Upside
Reiterated
10/06/25
Carvana's Competitive Edge and Growth Prospects Drive Buy RatingWe expect Carvana to grow to 12% share of the used car market by 2040 (up from 1.5% today) – and meet its 3mn unit target (~7% share) in 2033 – as the company cements its competitive moat. Carvana's value proposition is only beginning to be appreciated by consumers in its return to growth (as reflected in a step change in brand affinity and online engagement data). Velocity: PT to $450, Aug 2025). With the stark contrast in execution from KMX (-) and CVNA (+), we note that to support our $56 PT and OW rating, Carmax needs to grow share from 2.1% today to 2.2% by end of decade and 2.8% by FY40 – a vastly different growth curve. Morgan Stanley & Co.
Stephens Analyst forecast on CVNA
Stephens
Stephens
$440
Buy
23.64%
Upside
Reiterated
09/18/25
Carvana Co (CVNA) Gets a Buy from StephensCarvana Co.(CVNA, $378.06) Rating: Overweight Price Target: $440.00
Citizens JMP Analyst forecast on CVNA
Citizens JMP
Citizens JMP
$460
Buy
29.26%
Upside
Reiterated
08/25/25
Carvana Co (CVNA) Gets a Buy from Citizens JMPCitizens JMP analyst Andrew Boone reiterated a Market Outperform rating and $460.00 price target on Carvana (NYSE: CVNA).
Bank of America Securities Analyst forecast on CVNA
Bank of America Securities
Bank of America Securities
$425
Buy
19.43%
Upside
Reiterated
08/20/25
Analysts Are Bullish on Top Consumer Cyclical Stocks: Carvana Co (CVNA), H World Group (HTHT)
Evercore ISI Analyst forecast on CVNA
Evercore ISI
Evercore ISI
$365$370
Hold
3.97%
Upside
Reiterated
08/12/25
Evercore ISI Sticks to Its Hold Rating for Carvana Co (CVNA)
RBC Capital Analyst forecast on CVNA
RBC Capital
RBC Capital
$400$460
Buy
29.26%
Upside
Reiterated
07/31/25
RBC Capital Remains a Buy on Carvana Co (CVNA)RBC Capital analyst Brad Erickson raised the price target on Carvana (NYSE: CVNA) to $460.00 (from $400.00) while maintaining a Outperform rating.
Stocks with the Highest Top Analyst Consensus in the Consumer Cyclical Sector
Find stocks in the Consumer Cyclical sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Carvana Co

1 Month
xxx
Success Rate
12/15 ratings generated profit
80%
Average Return
+17.48%
reiterated a xxx
rating 2 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 80.00% of your transactions generating a profit, with an average return of +17.48% per trade.
3 Months
xxx
Success Rate
16/21 ratings generated profit
76%
Average Return
+17.54%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 76.19% of your transactions generating a profit, with an average return of +17.54% per trade.
1 Year
Alexander PotterPiper Sandler
Success Rate
11/12 ratings generated profit
92%
Average Return
+100.89%
reiterated a buy rating 3 months ago
Copying Alexander Potter's trades and holding each position for 1 Year would result in 91.67% of your transactions generating a profit, with an average return of +100.89% per trade.
2 Years
xxx
Success Rate
16/21 ratings generated profit
76%
Average Return
+51.33%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 76.19% of your transactions generating a profit, with an average return of +51.33% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

CVNA Analyst Recommendation Trends

Rating
Jun 25
Jul 25
Aug 25
Sep 25
Oct 25
Strong Buy
2
0
0
0
0
Buy
31
48
40
36
18
Hold
11
18
14
11
2
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
44
66
54
47
20
In the current month, CVNA has received 18 Buy Ratings, 2 Hold Ratings, and 0 Sell Ratings. CVNA average Analyst price target in the past 3 months is 438.50.
Each month's total comprises the sum of three months' worth of ratings.

CVNA Financial Forecast

CVNA Earnings Forecast

Next quarter’s earnings estimate for CVNA is $1.30 with a range of $1.11 to $1.50. The previous quarter’s EPS was $1.38. CVNA beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 59.14% of the time in the same period. In the last calendar year CVNA has Preformed in-line its overall industry.
Next quarter’s earnings estimate for CVNA is $1.30 with a range of $1.11 to $1.50. The previous quarter’s EPS was $1.38. CVNA beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 59.14% of the time in the same period. In the last calendar year CVNA has Preformed in-line its overall industry.

CVNA Sales Forecast

Next quarter’s sales forecast for CVNA is $5.11B with a range of $4.75B to $5.57B. The previous quarter’s sales results were $4.84B. CVNA beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 57.79% of the time in the same period. In the last calendar year CVNA has Preformed in-line its overall industry.
Next quarter’s sales forecast for CVNA is $5.11B with a range of $4.75B to $5.57B. The previous quarter’s sales results were $4.84B. CVNA beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 57.79% of the time in the same period. In the last calendar year CVNA has Preformed in-line its overall industry.

CVNA Stock Forecast FAQ

What is CVNA’s average 12-month price target, according to analysts?
Based on analyst ratings, Carvana Co’s 12-month average price target is 438.50.
    What is CVNA’s upside potential, based on the analysts’ average price target?
    Carvana Co has 23.22% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is CVNA a Buy, Sell or Hold?
          Carvana Co has a consensus rating of Strong Buy which is based on 15 buy ratings, 5 hold ratings and 0 sell ratings.
            What is Carvana Co’s price target?
            The average price target for Carvana Co is 438.50. This is based on 20 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $500.00 ,the lowest forecast is $330.00. The average price target represents 23.22% Increase from the current price of $355.87.
              What do analysts say about Carvana Co?
              Carvana Co’s analyst rating consensus is a Strong Buy. This is based on the ratings of 20 Wall Streets Analysts.
                How can I buy shares of CVNA?
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