Barclays cut target for Carvana stock to USD 80 from USD 93
Published on 10/08/2026 at 15:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Carvana stock (ISIN US1468691027) was trading at EUR 55.19 at Lang & Schwarz on October 8, 2026, down 1.60 percent versus the EUR 56.09 prior close. On October 6, 2026, Barclays analyst John Babcock cut the target for Carvana from USD 93.00 to USD 80.00 and kept an Overweight rating, according to Markets Insider. The cut makes financing conditions the immediate valuation test ahead of the next report.
What does the target cut signal?
Barclays made the change in a third-quarter earnings preview and said estimates for the third quarter and 2027 needed to come down as the auto retail environment became more challenging. The USD 13.00 reduction equals 13.98 percent of the former target, while the firm retained its Overweight rating, Markets Insider reported on October 6, 2026.
Three dated Carvana milestones
On July 29, 2026, Carvana reported second-quarter revenue of USD 7.38 billion, up 52.00 percent year over year, with adjusted EBITDA of USD 769.00 million and adjusted earnings per share of USD 0.42 versus USD 0.37 consensus, according to TIKR. On October 6, 2026, Barclays lowered its target to USD 80.00 from USD 93.00. On October 28, 2026, Carvana is scheduled to report third-quarter results, with expected revenue of USD 7.64 billion, according to MarketBeat.
Dates for the next report
Carvana is scheduled to report third-quarter 2026 results on October 28, 2026, after the market closes, followed by a conference call at 5:30 p.m. ET, according to Hastings Tribune. The USD 7.64 billion revenue expectation gives the market a measurable benchmark for the release.
Carvana stock faces a rate test
Carvana entered the report window with USD 2.63 billion of cash at June 30, 2026, while quarterly operating cash flow reached USD 238.00 million. Second-quarter net income was USD 513.00 million and the net profit margin was 7.00 percent, according to the financial statements for the period. The combination of cash generation and high growth supports the operating case, but Barclays' target cut shows that investors are assigning greater weight to funding costs and future margins.
Carvana stock at EUR 55.19
At 3:00 p.m. CEST on October 8, 2026, Carvana stock was trading at EUR 55.19 at Lang & Schwarz, down 1.60 percent versus the EUR 56.09 prior close of October 7, 2026. The primary listing is on the NYSE, where the finance quote showed USD 62.76 on October 7, 2026, with a 52-week range of USD 54.46 to USD 97.38 and market capitalization of USD 68.8 billion.
The further course of trading is shown by the continuously updated real-time quote of Carvana stock.
Carvana stock facts
- Company: Carvana Co.
- ISIN: US1468691027
- Ticker: CVNA
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 8, 2026, 3:00 p.m. CEST: EUR 55.19
- Change versus prior close: minus 1.60 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 56.09
- Market capitalization: USD 68.8 billion as of October 7, 2026
- 52-week range: USD 54.46-97.38 as of October 7, 2026
- Sector / Industry: Consumer Cyclical / Auto Dealerships
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
