Carvana (CVNA) is expected to report a Q3 2026 consensus revenue of $7.67 billion and EPS of $0.47 on October 28, with shares currently trading at approximately $57.34 against an analyst average price target of $82.83.
The primary focus for investors this quarter is the sustainability of retail vehicle unit growth and whether record sales volumes can effectively offset persistent margin compression in gross profit per unit (GPU).
Analysts are optimistic about unit sales, projecting over 210,000 retail vehicles sold, but remain cautious about rising interest rates and their impact on loan pricing and financing profitability. Management previously raised full-year adjusted EBITDA guidance to $2.7–$3.0 billion, setting a high bar for the second half of the fiscal year.