Analysts expect Carvana to report Q1 2026 revenue of $6.12 billion and EPS of $1.42, with the stock currently trading at $407.02 against an average price target of $436.88.
Investors are laser-focused on retail unit sales growth and the sustainability of record gross profit margins as the company prepares for a 5-for-1 stock split on May 7.
Following a breakout 2025 where Carvana joined the S&P 500, the market is looking for evidence that the company can maintain unit growth momentum while managing rising reconditioning costs and debt obligations.
Execution of the ADESA logistics integration remains a secondary focus to ensure the platform can scale toward its long-term target of 3 million annual units.