In the latest trading session, Carvana (CVNA) closed at $62.76, marking a -1.75% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.22%. At the same time, the Dow lost 0.66%, and the tech-heavy Nasdaq lost 0.22%.
Prior to today's trading, shares of the company had lost 14.51% lagged the Retail-Wholesale sector's loss of 3.19% and the S&P 500's gain of 1.4%.
The investment community will be paying close attention to the earnings performance of Carvana in its upcoming release. The company is slated to reveal its earnings on October 28, 2026. On that day, Carvana is projected to report earnings of $0.49 per share, which would represent year-over-year growth of 133.33%. Simultaneously, our latest consensus estimate expects the revenue to be $7.62 billion, showing a 34.95% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.67 per share and a revenue of $28.97 billion, indicating changes of -1.18% and +42.56%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Carvana. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.12% downward. As of now, Carvana holds a Zacks Rank of #3 (Hold).
Looking at valuation, Carvana is presently trading at a Forward P/E ratio of 38.16. This signifies a premium in comparison to the average Forward P/E of 14.95 for its industry.
Investors should also note that CVNA has a PEG ratio of 1.84 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Internet - Commerce industry held an average PEG ratio of 1.19.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 187, putting it in the bottom 24% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Carvana Co. (CVNA): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).