Carvana falls after Q4 profit miss

Carvana Co

19/02/2026 10:40

** Shares of online used-car retailer Carvana  slump  16.4% to $302 premarket

** Co posts Q4 adj EPS of $1.06, missing Wall Street estimates of $1.10 - LSEG data

** Co cites miss driven by higher-than-expected costs for vehicle inspection, repair and detailing; co expects cost pressures to continue in Q1

** At least four brokerages cut PT on stock post results, with BTIG lowering PT to $455 from $535, citing that retail gross profit per unit misses est. driven by higher reconditioning and depreciation

** 18 out of 26 analysts rate stock "buy" or higher, seven rate it "hold", one "sell"; median PT at $450 - data compiled by LSEG

** As of last close, CVNA stock down 14.3%, after rising 107% in 2025

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))