Carvana Stock Holds Moderate Buy Rating Amid Earnings and Insider Sales

Wall Street analysts have given Carvana Co. an average consensus rating of Moderate Buy, according to a report from MarketBeat. Out of 25 research firms following the stock, 16 rate it as a buy, one lists it as a strong buy, and eight issue a hold recommendation. The average 12-month target price stands at $82.09. Specific targets vary across the industry, ranging from a neutral target of $67.00 from BNP Paribas Exane to a $100.00 price target issued by Argus.

The ratings follow Carvana's quarterly financial results reported on October 28. The online auto retailer posted earnings of $0.39 per share, falling short of the consensus expectation of $0.44. However, quarterly revenue advanced 42.4% from the prior year to $8.04 billion, exceeding the projected $7.71 billion. For the period, the company recorded a net margin of 6.21% and a return on equity of 34.77%. Research analysts anticipate full-year earnings to reach 1.59 per share.

Carvana shares have demonstrated notable volatility in recent trading. The stock gained 3.7% on November 9, 2026, reaching $76.26, but then declined 7.05% on November 10. The company's 52-week trading range spans between $54.46 and $97.38. TradingKey reported that investor sentiment has faced pressure from headwinds in automotive lending, higher borrowing rates, and narrower profit margins on used vehicles.

Insider transactions also remain in focus. A Form 144 filing revealed that company board member James Danforth Quayle intends to dispose of 27,655 shares via The JD and MT Quayle Family Trust through Goldman Sachs, carrying an aggregate market value of $2019368.1. Over the prior 90 days, company insiders divested 635,960 shares valued at $44,962,096, which included sales by Chief Financial Officer Mark Jenkins and insider Thomas Taira executed under pre-arranged Rule 10b5-1 trading plans.