- Carvana (CVNA, Financial) has shown a 2.4% increase in share value this past month.
- Analysts predict a potential 57% increase, with price targets between $200 and $340.
- Current ratings and earnings revisions lend a positive outlook to future performance.
Recent Performance and Analyst Projections
In the past month, Carvana (CVNA) has seen a 2.4% rise in its share price, reaching $176.32. Analysts express optimism, indicating a potential upside of 57%. The price targets span from $200 to an impressive $340, supported by strong earnings revisions and a Zacks Rank #2 (Buy), which further enhances the stock’s outlook.
Wall Street Analysts Forecast
According to the one-year price targets provided by 19 analysts, Carvana Co (CVNA, Financial) has an average target price of $254.53. Estimates range from a high of $340.00 to a low of $148.00, implying a potential upside of 26.44% from the current share price of $201.30. Investors can delve deeper into these projections on the Carvana Co (CVNA) Forecast page.
With a consensus recommendation from 23 brokerage firms, Carvana Co (CVNA, Financial) holds an average recommendation rating of 2.3, signifying an "Outperform" status. This rating scale, ranging from 1 (Strong Buy) to 5 (Sell), underscores the positive sentiment surrounding the stock.
GF Value and Investment Considerations
According to GuruFocus estimates, the projected GF Value for Carvana Co (CVNA, Financial) in one year stands at $47.32. This suggests a potential downside of 76.49% from the current price of $201.30. The GF Value is derived from historical multiples, past business growth, and future performance estimates. For investors interested in more comprehensive data, visit the Carvana Co (CVNA) Summary page.
