RBC keeps USD 85 target for Carvana stock before results

Published on 10/27/2026 at 17:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Carvana reports third-quarter results on October 28, 2026. Carvana stock costs EUR 52.48 on October 27, 2026, up 2.34 percent versus Tradegate.

Analyst target and reporting date

RBC Capital maintained a Buy rating and set an USD 85.00 target on October 20, 2026.
Carvana reported USD 7.38 billion in second-quarter revenue and 197,325 retail units.
Carvana stock costs EUR 52.48 at Lang & Schwarz on October 27, 2026 at 5:12 p.m. CET, 2.34 percent above the Tradegate close of October 26, 2026.
Carvana is scheduled to report third-quarter 2026 results on October 28, 2026.

Carvana, US1468691027, Illustration mit AI erstellt.

Carvana (ISIN US1468691027) has an USD 85.00 target from RBC Capital, which maintained its Buy rating on October 20, 2026, according to Markets Insider. The target is 45.61 percent above Carvana's USD 58.37 NYSE quote at 12:19 p.m. EDT on October 27, 2026. At Lang & Schwarz, Carvana stock was trading at EUR 52.48 on October 27, 2026 at 5:12 p.m. CET, up 2.34 percent versus the Tradegate close of October 26, 2026 at EUR 51.28.

Volume growth meets margin pressure

Carvana's most recent reported quarter ended June 30, 2026. Revenue reached USD 7.38 billion, up 52.40 percent year over year, while retail units rose 38.00 percent to a record 197,325, according to 24/7 Wall St. Net income was USD 513.00 million in the quarter, while adjusted earnings before interest, taxes, depreciation and amortization margin declined to 10.40 percent from 12.40 percent.

The combination matters because the operating comparison is moving in two directions. Carvana increased deliveries by 38.00 percent year over year, but adjusted earnings before interest, taxes, depreciation and amortization per vehicle fell to USD 3,897 from USD 4,195, according to the same October 24, 2026 report.

What does the October 28 report test?

Carvana's third-quarter 2026 financial results are scheduled for October 28, 2026, with the conference call listed at 5:30 p.m. Eastern time on the company's investor-relations page. The immediate measure will be whether unit growth can support profitability after the second-quarter margin decline.

The market is also entering the report with a wide valuation spread. Carvana's primary-market quote was USD 58.37 on October 27, 2026, while its 52-week range was USD 54.46 to USD 97.38. Its market capitalization was USD 64.0 billion and its price-to-earnings ratio was 27.05 on the same date.

Carvana stock stays inside a wide range

The current euro quotation sits above the Tradegate close used for the German market comparison, while the primary-market range leaves the share 39.95 percent below its 52-week high of USD 97.38. Carvana's full-year 2026 adjusted earnings before interest, taxes, depreciation and amortization outlook stands at USD 2.70 billion to USD 3.00 billion, compared with USD 2.24 billion in 2025, according to the October 24, 2026 report.

For investors, the next report has two measurable hurdles: sustaining the record retail volume and rebuilding profit per vehicle. RBC's USD 85.00 target provides a bullish valuation marker, but the second-quarter margin comparison identifies the operating risk.

Next result and valuation marker

Carvana was trading at EUR 52.48 at Lang & Schwarz on October 27, 2026 at 5:12 p.m. CET, 2.34 percent above the Tradegate close of October 26, 2026 at EUR 51.28. The next scheduled corporate date is October 28, 2026, when the company is due to publish third-quarter 2026 results.

The further course of trading is shown by the continuously updated real-time quote of Carvana stock.