FINWIRES · TerminalFinancial News · Live TerminalLIVE

$CVNA

16 stories mentioning CVNA

Every FINWIRES story that references CVNA, newest first.

Carvana's Latest Receivables Securitization Looks 'Slightly Less' Favorable, RBC Capital Markets Says

Carvana's (CVNA) latest securitization of finance receivables looks "slightly less" favorable quarter-on-quarter, RBC Capital Markets said in a note Thursday.The investment firm lowered its other gross profit per unit, or GPU, estimates by 2.1%, 2.5%, 1.5% for Q2, Q3, and Q4, and by 1.2% for 2027. Relative to Q1, APRs in the mid-May deal declined by 13 basis points, with excess spread down 66 basis points and the over-collateralization target up 50 basis points, all working against gain on sale, RBC added.Offsets that the firm is factoring in include Carvana's hedging program, lengthening prime loan durations, higher retail unit volumes quarter-on-quarter and slightly higher average selling price, according to the note.Additionally, the firm said it updated its retail unit cohort model gauging expectations on market share gains for Carvana as Street's 2026 and 2027 estimates appear a bit more aggressive than prior years.RBC lowered its price target to $85 from $92 and maintained its outperform rating on the stock.Carvana shares were down 4.9% in Friday trading.Price: $64.48, Change: $-3.34, Percent Change: -4.92%

Insider Trading4d ago

Carvana Insider Sold Shares Worth $1,016,750, According to a Recent SEC Filing

J Danforth Quayle, Director, on June 10, 2026, sold 14,525 shares in Carvana (CVNA) for $1,016,750. Following the Form 4 filing with the SEC, Quayle has control over a total of 277,460 Class A common shares of the company, with 214,960 shares held directly and 62,500 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1690820/000121041226000006/xslF345X05/wk-form4_1781213824.xml

Carvana's Logistics Optimization, AI Labor Initiatives to Help Scale Operations, RBC Says

Carvana's (CVNA) logistics optimization, workflow standardization, and AI-driven labor management initiatives reinforce confidence in the company's ability to ramp operations profitably, RBC Capital Markets said in a Thursday report.During a recent facility tour for analysts in Ohio, the company showcased its cost efficiency roadmap, including the proprietary CARLI software system to manage vehicle processing; streamlined reconditioning processes, and AI-enabled training systems, RBC said.AI-powered labor allocation that dynamically adjusts staffing midday based on throughput predictions should help address the Q4 bottlenecks, which impacted retail operations, the analysts said.RBC reiterated its outperform rating on Carvana, with a price target of $92.Price: $66.65, Change: $+0.45, Percent Change: +0.69%

Insider Trading42d ago

Carvana Insider Sold Shares Worth $3,849,592, According to a Recent SEC Filing

Benjamin E. Huston, Chief Operating Officer, on April 29, 2026, sold 10,000 shares in Carvana (CVNA) for $3,849,592. Following the Form 4 filing with the SEC, Huston has control over a total of 105,962 Class A common shares of the company, with 105,962 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1690820/000170053726000010/xslF345X05/wk-form4_1777676468.xml

Insider Trading42d ago

Carvana Insider Sold Shares Worth $395,320, According to a Recent SEC Filing

Stephen R Palmer, Vice President of Accounting, on May 01, 2026, sold 1,000 shares in Carvana (CVNA) for $395,320. Following the Form 4 filing with the SEC, Palmer has control over a total of 32,891 Class A common shares of the company, with 32,891 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1690820/000178355826000010/xslF345X05/wk-form4_1777676496.xml

Insider Trading42d ago

Carvana Insider Sold Shares Worth $4,936,671, According to a Recent SEC Filing

Mark W. Jenkins, Chief Financial Officer, on April 29, 2026, sold 12,750 shares in Carvana (CVNA) for $4,936,671. Following the Form 4 filing with the SEC, Jenkins has control over a total of 210,127 Class A common shares of the company, with 210,127 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1690820/000170054026000010/xslF345X05/wk-form4_1777676502.xml

Carvana Remains a Compounder With Years of Market Gains Ahead, RBC Capital Markets Says

Carvana (CVNA) remains a compounder with years of market gains ahead after posting a solid Q1 rebound, RBC Capital Markets said in research report emailed Friday.The company's robust Q1 results come after a Q4 gross profit per unit misstep that cast doubt on its margin expansion and execution abilities, according to the note.Retail units beat rendered the forward setup attractive, but Q2 retail GPU is likely to face headwinds amid lagging pricing, analysts wrote.The company said that with around 2% market share in the US used vehicle retail market, it remains in the initial days of customer awareness and adoption, RBC noted.Advertising has been ramping on a per-unit basis in recent quarters, which the company views as a critical component of the growth strategy alongside improving the customer experience and growing inventory selection, according to the brokerage.The brokerage said it reiterated its outperform rating on the stock and boosted its price target to $460 per share from $440.Price: $380.71, Change: $-15.09, Percent Change: -3.81%

Morgan Stanley Adjusts Price Target on Carvana to $510 From $450

Carvana Co (CVNA) has an average rating of overweight and mean price target of $451.48, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $380.20, Change: $-16.53, Percent Change: -4.17%

Evercore ISI Adjusts Price Target on Carvana to $430 From $400

Carvana Co (CVNA) has an average rating of overweight and mean price target of $451.48, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $379.12, Change: $-17.61, Percent Change: -4.44%

Baird Adjusts Price Target on Carvana to $440 From $350

Carvana Co (CVNA) has an average rating of overweight and mean price target of $451.48, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $380.60, Change: $-16.13, Percent Change: -4.06%

Wells Fargo Adjusts Price Target on Carvana to $475 From $425

Carvana Co (CVNA) has an average rating of overweight and mean price target of $451.48, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $381.34, Change: $-15.39, Percent Change: -3.88%

Barclays Adjusts Price Target on Carvana to $475 From $430

Carvana Co (CVNA) has an average rating of overweight and mean price target of $451.48, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $381.35, Change: $-15.38, Percent Change: -3.88%

Needham Adjusts Price Target on Carvana to $600 From $500

Carvana Co (CVNA) has an average rating of overweight and mean price target of $451.48, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $381.34, Change: $-15.39, Percent Change: -3.88%

Stephens Adjusts Price Target on Carvana to $485 From $430

Carvana Co (CVNA) has an average rating of overweight and mean price target of $451.48, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $381.34, Change: $-15.39, Percent Change: -3.88%

Root, Carvana Surpass 200,000 Policies in Embedded Insurance Program

Root (ROOT) and Carvana (CVNA) said Tuesday they have exceeded 200,000 policies through their embedded auto insurance partnership.The product combines Root's data-driven underwriting with Carvana's online sales system to allow customers to obtain insurance at the point of sale.The companies said Root is the exclusive insurance provider for Carvana customers in 36 states where it operates, with coverage integrated into the vehicle purchase process on Carvana's platform.Price: $45.66, Change: $+0.08, Percent Change: +0.18%

Insider Trading66d ago

Carvana Insider Sold Shares Worth $1,285,570, According to a Recent SEC Filing

Thomas Taira, President, Special Projects, on April 08, 2026, sold 3,770 shares in Carvana (CVNA) for $1,285,570. Following the Form 4 filing with the SEC, Taira has control over a total of 58,564 Class A common shares of the company, with 58,564 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1690820/000160788926000016/xslF345X05/wk-form4_1775857110.xml