Carvana stock: Zacks cuts 2026 EPS forecast as shares slip
Published on 11/14/2026 at 10:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst caution follows record quarter
- Zacks Research lowered its 2026 earnings forecast as Carvana enters the final quarter.
- Carvana's third-quarter scale was supported by record retail sales, revenue and adjusted EBITDA.
- Investors will focus on unit growth and profitability as the company executes its full-year outlook.
Carvana stock closed at USD 72.37 on the New York Stock Exchange on Friday, November 13, down from USD 73.57 on Friday, November 6. The resulting weekly decline was 1.63% as investors weighed a new analyst downgrade against the company's strong third-quarter operating performance.
On Thursday, November 12, Zacks Research lowered its full-year 2026 EPS estimate for Carvana from USD 1.63 to USD 1.47. The revised forecast is below the USD 1.59 consensus cited by MarketBeat.
Record growth meets earnings caution
The estimate reduction follows Carvana's third-quarter results released on October 28, not a new quarterly report in the week under review. The company reported 217,385 retail units, revenue of USD 8.040 billion and adjusted EBITDA of USD 800 million for the quarter ended September 30.
Management expects retail unit sales to increase sequentially in the fourth quarter and adjusted EBITDA to reach the upper end of its previously communicated USD 2.7 billion to USD 3.0 billion range for full-year 2026. That outlook leaves volume expansion and profit per vehicle as the main execution tests for the final quarter.
Saturday trading remains in focus
Carvana stock last traded at EUR 65.41 on Lang & Schwarz at 10:24 Berlin time on Saturday, November 14.
Carvana stock at a glance
- Company: Carvana Co.
- ISIN: US1468691027
- Ticker: CVNA
- Home exchange: New York Stock Exchange
- Last trade: EUR 65.41 on Lang & Schwarz, Saturday, November 14, 2026, 10:24 Berlin time
- Weekly change: -1.63%, from USD 73.57 on November 6 to USD 72.37 on November 13 at the New York Stock Exchange
US equity markets provide the broader setting for Carvana through Current market reports.
