Quick Summary:
- Carvana's (CVNA, Financial) stock shows resilience amidst market volatility, with shares trading significantly below their 52-week high.
- Wall Street analysts remain optimistic, projecting a substantial upside from the current stock price.
- GuruFocus estimates highlight a potential downside based on historical valuation metrics.
Carvana (CVNA) shares have demonstrated notable resilience despite the broader market's pressures, showcasing significant volatility in price movements. Currently trading at $209.30, the stock remains 26.6% below its 52-week high. Recent price dynamics suggest that while the market is highly attuned to macroeconomic factors, these fluctuations do not necessarily indicate a fundamental shift in the perception of Carvana's business model.
Wall Street Analysts Forecast
According to projections from 19 analysts, the average one-year price target for Carvana Co (CVNA, Financial) stands at $254.53. This includes a high estimate of $340.00 and a low of $148.00. The average target suggests a promising upside of 21.61% from the current price of $209.30. For more detailed estimates, please visit the Carvana Co (CVNA) Forecast page.
Additionally, the consensus recommendation from 23 brokerage firms positions Carvana Co (CVNA, Financial) at an average brokerage recommendation of 2.3, which indicates an "Outperform" status. This scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes a Sell.
In contrast, GuruFocus provides an estimated GF Value for Carvana Co (CVNA, Financial) at $47.19 in one year. This estimation suggests a downside of 77.45% from the current price of $209.30. The GF Value reflects GuruFocus' assessment of the fair value at which the stock should trade, derived from historical trading multiples, past business growth, and future business performance estimates. For an in-depth analysis, visit the Carvana Co (CVNA) Summary page.
