Carvana Co. (CVNA)
| Market Cap | 24.47B |
| Revenue (ttm) | 11.23B |
| Net Income (ttm) | 638.00M |
| Shares Out | 202.16M |
| EPS (ttm) | 2.25 |
| PE Ratio | 53.81 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,773,408 |
| Open | 121.54 |
| Previous Close | 120.95 |
| Day's Range | 117.74 - 123.51 |
| 52-Week Range | 10.20 - 129.00 |
| Beta | 3.28 |
| Analysts | Hold |
| Price Target | 86.36 (-28.67%) |
| Earnings Date | May 1, 2024 |
About CVNA
Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices. The company also operates auction sites. The company was founded in 2012 and is based in Tempe, Arizona. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for CVNA stock is "Hold." The 12-month stock price forecast is $86.36, which is a decrease of -28.67% from the latest price.
News
Simplify's Green on Stagflation & Carvana Trade
Simplify's Mike Green outlays his macro case and pushes back on the case for a liftoff in inflation. He talks about manages a Carvana trade in his FIG fund as meme stocks surge again.
Carvana Expects New Car Production to Boost Used Car Sales
Carvana reportedly expects that as more new vehicles are built, the company's used car business will benefit. “There will likely be much more car production, and that will probably bode well,” Carvana...
Carvana Marks Second Anniversary of ADESA Acquisition with New Integration and Performance Milestones
PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, celebrates the two-year anniversary of its acquisition of ADESA by sharing key integration ...
Carvana Confirms Federal Legality of e-Signatures on Odometer Disclosure Documents with NHTSA Letter of Interpretation
PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, today shared a Letter of Interpretation from the National Highway Traffic Safety Administration (NHTSA) ...
Carvana EV Trends Report Reveals Significant Growth Potential of Used EV Market
PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, today released an EV Trends Report for Q1 2024. The report focuses on the significant growth potential o...
Carvana Continues to Champion Accessibility, Teams up With Special Olympics Georgia for Second Annual Pickleball for All Event in Atlanta
ATLANTA--(BUSINESS WIRE)--Following the success of last year's events, Carvana, an industry pioneer for buying and selling used cars online, is celebrating Mobility Awareness Month with its second ann...
Cramer's Stop Trading: Carvana
CNBC's Jim Cramer explains why he is keeping an eye on shares of Carvana Co.
Carvana stock rebound boosts fortunes of CEO and his dad by billions
The revival of Carvana's stock from its 2022 lows has brought a titanic rise in the fortunes of its CEO and his father, who bankrolled the company at its launch.
Carvana (CVNA) Soars After Earnings
A year ago, shares of Carvana traded below $7. Today, the stock popped to the highest point since 2022.
Carvana CEO Says EV Sales Are Ramping Up
Carvana reported earnings that beat estimates even as buyers are looking for better deals. Vehicle sales were up by 16%.
Three-Stock Lunch: Carvana, Qualcomm & MetLife
Scott Nations, Nations Indexes president, joins 'Power Lunch' to discuss stock plays for three stocks, including Carvana, Qualcomm and MetLife.
Here's how Carvana pulled off its ‘epic turnaround'
Wall Street lavished praise on Carvana Co.'s “epic turnaround” on Thursday following a surprise quarterly profit for the used-car retailer, which not too long ago had skirted close to bankruptcy.
Carvana Stock Surges on Surprise Profit
Carvana stock is rallying following a strong first-quarter earnings report. Here's what you need to know.
Fallen Pandemic Star Carvana Roars Back into Gains With Bullish Outlook, Q1 Beat
Shares of Carvana (CVNA) skyrocketed after the online used car retailer issued an upbeat outlook for the current quarter and had its best financial results ever as it made more money per sale and cut ...
Carvana's high-yield bonds are rallying along with stock after surprise profit
As Carvana Co.'s stock soared 35% on Thursday after the used-car retailer swung to a surprise profit, investors were also snapping up the company's high-yield bonds, which were seeing net buying after...
Carvana CEO on record Q1 earnings
Carvana CEO Ernie Garcia joins 'Squawk on the Street' to discuss how Garcia has turned the company around so fast, how the founder is driving revenue growth while maintaining profits, and much more.
Carvana Was Once Left for Dead. Earnings Show Stock Can't Be Stopped.
The company just reported a revenue beat, a jump in vehicles sold at retail, and upbeat forecasts.
Carvana stock price is soaring after the ‘best financial results in company history'
Shares of Carvana Co. are going through the roof in premarket trading this morning after the online used-car retailer posted what its CEO and CFO called its “best financial results in company history....
Carvana (CVNA) stock forecast: the train left the station long ago
Carvana (NYSE: CVNA) stock price has risen from the ashes, becoming one of the best performing companies in Wall Street. It jumped by more than 30% in the pre-market session, reaching a high of $121.7...
Carvana's Inventory ‘Constrained' as Online Used Car Retailer Posts Record Q1
Online used car retailer Carvana reported “milestone” first quarter (Q1) results on Wednesday (May 1), fueling a 30% surge in its stock price. This strong performance comes on the heels of a challengi...
Carvana's stock rallies about 40% on surprise profit for used-car retailer
Shares of used-car retailer Carvana Co. jumped about 40% in the extended session Wednesday after a surprise profit and larger revenue for the used-car retailer once on the brink of bankruptcy.
Carvana shares spike 30% as used car retailer posts record first quarter
Carvana reported record first-quarter results Wednesday that beat Wall Street's top- and bottom-line earnings expectations for the online used car retailer.
Carvana Announces Record First Quarter 2024 Results
PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced financial results for the quarter ended March 31, 2024. Carvana's ...
Carvana CEO Ernie Garcia goes one-on-one with Jim Cramer
Carvana Co-Founder, President and CEO Ernie Garcia sits down with 'Mad Money' host Jim Cramer to talk Carvana's turnaround effort.