Carvana stock: Zacks cuts 2026 EPS estimate to USD 1.47

Published on 11/13/2026 at 16:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Carvana stock enters the final quarter after record sales and profit. A fresh analyst revision adds pressure as investors weigh scale against margins.

What changed for Carvana

Zacks Research lowered its full-year earnings forecast, adding a more cautious analyst view.
Carvana enters the final quarter after record scale, while management expects sequential unit growth.
Investors are weighing continued volume expansion against pressure on profitability per vehicle.

Carvana, US1468691027, Illustration mit AI erstellt.

Zacks Research lowered its full-year 2026 earnings forecast for Carvana in a note issued on Thursday, November 12, according to MarketBeat. The revision adds a more cautious analyst view as the online used-car retailer moves into the final quarter after record third-quarter sales and profit.

A more cautious earnings view

MarketBeat reported that Zacks Research reduced its FY2026 EPS forecast to USD 1.47 from USD 1.63. The current consensus estimate cited by the publication stands at USD 1.59, putting the revised Zacks view below the broader analyst expectation.

The same report said Zacks expects fourth-quarter 2026 EPS of USD 0.32. MarketBeat also reported that the wider analyst group maintained a Moderate Buy consensus with an average price target of USD 82.09, although those figures reflect a range of views rather than a single company outlook.

Record scale meets margin pressure

Carvana's third-quarter results, released on October 28, showed retail unit sales of 217,385 and revenue of USD 8.040 billion. Adjusted EBITDA reached a record USD 800 million, while the adjusted EBITDA margin was 10.0 percent.

Management expects retail unit sales to increase sequentially in the fourth quarter if market conditions remain stable. It also expects full-year adjusted EBITDA toward the upper end of its previously communicated USD 2.7 billion to USD 3.0 billion range.

Carvana stock traded at EUR 65.08 on Lang & Schwarz at 16:00 CET on Friday, November 13, 2026. The quote gives investors a current market reference as they assess whether higher volume can continue without further pressure on operating performance.