$71.89
0.45[0.63%]
At close: Apr 23
$71.89
0[0.00%]
PreMarket: 8:34AM EDT
Carvana Stock (NYSE:CVNA), Analyst Ratings, Price Targets, Predictions
Carvana Co has a consensus price target of $34.41, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Baird, JP Morgan, and JMP Securities on April 19, 2024, April 18, 2024, and April 17, 2024. With an average price target of $71.67 between Baird, JP Morgan, and JMP Securities, there's an implied -0.31% downside for Carvana Co from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Baird
JP Morgan
JMP Securities
Evercore ISI Group
Jefferies
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Carvana
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/19/2024 | CVNA | Buy Now | Carvana | $71.89 | -9.58% | Baird | Colin Sebastian | $60 → $65 | Maintains | Neutral | Get Alert |
| 04/18/2024 | CVNA | Buy Now | Carvana | $71.89 | -2.63% | JP Morgan | Rajat Gupta | $65 → $70 | Maintains | Neutral | Get Alert |
| 04/17/2024 | CVNA | Buy Now | Carvana | $71.89 | 11.28% | JMP Securities | Nicholas Jones | → $80 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 04/16/2024 | CVNA | Buy Now | Carvana | $71.89 | 7.11% | Evercore ISI Group | Michael Montani | $78 → $77 | Maintains | In-Line | Get Alert |
| 04/02/2024 | CVNA | Buy Now | Carvana | $71.89 | 8.5% | Evercore ISI Group | Michael Montani | $75 → $78 | Maintains | In-Line | Get Alert |
| 03/26/2024 | CVNA | Buy Now | Carvana | $71.89 | 4.33% | Evercore ISI Group | Michael Montani | $68 → $75 | Maintains | In-Line | Get Alert |
| 03/12/2024 | CVNA | Buy Now | Carvana | $71.89 | 18.24% | Jefferies | John Colantuoni | $30 → $85 | Upgrade | Underperform → Hold | Get Alert |
| 03/08/2024 | CVNA | Buy Now | Carvana | $71.89 | 25.19% | RBC Capital | Brad Erickson | $45 → $90 | Upgrade | Underperform → Sector Perform | Get Alert |
| 02/26/2024 | CVNA | Buy Now | Carvana | $71.89 | -37.4% | Morgan Stanley | Adam Jonas | $32 → $45 | Maintains | Underweight | Get Alert |
| 02/23/2024 | CVNA | Buy Now | Carvana | $71.89 | 11.28% | JMP Securities | Nicholas Jones | $60 → $80 | Maintains | Market Outperform | Get Alert |
| 02/23/2024 | CVNA | Buy Now | Carvana | $71.89 | -37.4% | RBC Capital | Brad Erickson | $24 → $45 | Maintains | Underperform | Get Alert |
| 02/23/2024 | CVNA | Buy Now | Carvana | $71.89 | -16.54% | Wedbush | Seth Basham | $50 → $60 | Maintains | Neutral | Get Alert |
| 02/23/2024 | CVNA | Buy Now | Carvana | $71.89 | — | William Blair | Sharon Zackfia | — | Upgrade | Market Perform → Outperform | Get Alert |
| 02/23/2024 | CVNA | Buy Now | Carvana | $71.89 | — | Raymond James | Mitch Ingles | — | Upgrade | Underperform → Market Perform | Get Alert |
| 02/20/2024 | CVNA | Buy Now | Carvana | $71.89 | -30.45% | Wedbush | Seth Basham | $40 → $50 | Maintains | Neutral | Get Alert |
| 02/16/2024 | CVNA | Buy Now | Carvana | $71.89 | — | Raymond James | Mitch Ingles | — | Downgrade | Market Perform → Underperform | Get Alert |
| 01/16/2024 | CVNA | Buy Now | Carvana | $71.89 | -16.54% | JMP Securities | Nicholas Jones | → $60 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 12/04/2023 | CVNA | Buy Now | Carvana | $71.89 | -44.36% | JP Morgan | Rajat Gupta | $25 → $40 | Upgrade | Underweight → Neutral | Get Alert |
| 12/01/2023 | CVNA | Buy Now | Carvana | $71.89 | -66.62% | RBC Capital | Brad Erickson | → $24 | Reiterates | Underperform → Underperform | Get Alert |
FAQ
What is the target price for Carvana (CVNA)?
The latest price target for Carvana (NYSE: CVNA) was reported by Baird on April 19, 2024. The analyst firm set a price target for $65.00 expecting CVNA to fall to within 12 months (a possible -9.58% downside). 51 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Carvana (CVNA)?
The latest analyst rating for Carvana (NYSE: CVNA) was provided by Baird, and Carvana maintained their neutral rating.
When was the last upgrade for Carvana (CVNA)?
The last upgrade for Carvana Co happened on March 12, 2024 when Jefferies raised their price target to $85. Jefferies previously had an underperform for Carvana Co.
When was the last downgrade for Carvana (CVNA)?
The last downgrade for Carvana Co happened on February 16, 2024 when Raymond James changed their price target from N/A to N/A for Carvana Co.
When is the next analyst rating going to be posted or updated for Carvana (CVNA)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Carvana, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Carvana was filed on April 19, 2024 so you should expect the next rating to be made available sometime around April 19, 2025.
Is the Analyst Rating Carvana (CVNA) correct?
While ratings are subjective and will change, the latest Carvana (CVNA) rating was a maintained with a price target of $60.00 to $65.00. The current price Carvana (CVNA) is trading at is $71.89, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.