Carvana Co. (CVNA)
| Market Cap | 14.91B |
| Revenue (ttm) | 11.23B |
| Net Income (ttm) | 638.00M |
| Shares Out | 116.95M |
| EPS (ttm) | 2.25 |
| PE Ratio | 56.68 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,191,830 |
| Open | 125.00 |
| Previous Close | 124.35 |
| Day's Range | 121.47 - 128.36 |
| 52-Week Range | 23.43 - 136.92 |
| Beta | 3.29 |
| Analysts | Hold |
| Price Target | 91.79 (-28.02%) |
| Earnings Date | Jul 17, 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 $91.79, which is a decrease of -28.02% from the latest price.
News
Tech's dominance of Russell 1000 will hit record levels after latest reconstitution
This year's furious rally in technology and megacap stocks is set to leave its mark on Friday when FTSE Russell carries out its latest annual index reconstitution.
No end in sight for the Carvana stock price surge
Carvana (NYSE: CVNA) stock price bull run is showing no signs of slowing down as the company continues to gain market share in the industry. It has soared by 141% this year and by over 445% in the pas...
Carvana Showcases Proprietary Technology and Infrastructure Supporting Efficient, Scalable Operations During Investor Tour
PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, hosted institutional investors and analysts for a tour of its Rocklin, CA Inspecti...
Carvana stock has tripled in 2024: but is it done rallying yet?
Carvana Co (NYSE: CVNA) has roughly tripled this year but a JPMorgan analyst remains convinced it's not out of room to run just yet. We come away from CVNA's Rocklin, CA, IRC tour with higher convict...
Carvana Continues Same Day Delivery Expansion in Richmond Area
RICHMOND, Va.--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to select residents of the...
CarMax (KMX) vs Carvana (CVNA) in the Used Car Space
What's going on in the used car market? Garrett Nelson discusses CarMax (KMX) versus Carvana (CVNA) in the used car space.
CarMax (KMX) Getting Crushed by Carvana (CVNA) & AutoNation (AN)
CarMax (KMX) reports earnings tomorrow morning. LikeFolio's Landon Swan discusses what to watch when CarMax reports.
Carvana Wins CSO Award for Innovative Security Approach
PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, was named a 2024 CSO Award recipient by Foundry's CSO (an IDG company). This prestigio...
Carvana Unveils Heartwarming Paint Scheme for Jimmie Johnson's Brickyard 400 Race, Designed by His Daughters
PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, today revealed a one-of–a-kind paint scheme for the upcoming NASCAR Cup Series' Brickyard 400 race at th...
Carvana Launches Same Day Delivery in Newark Area
NEWARK, N.J.--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to select residents of grea...
How Will Supply Constraints Impact Carvana (CVNA)?
JPMorgan sees lingering supply constraints for Carvana that are likely to “put a lid on any inflection in unit sales” over the next 12-18 months. JPMorgan maintains an overweight rating on Carvana (CV...
Carvana Stock Is a Buy Because Used Cars Are a Hot Commodity, Says Analyst
Covid has warped car trends, and J.P. Morgan prefers auto dealers stocks Carvana and Lithia Motors over those of Asbury and CarMax.
Carvana (CVNA) Added to Evercore ISI Tactical Outperform List
Evercore ISI adds Carvana (CVNA) to its tactical outperform list. Renita Young examines the auto retailer space.
Carvana Provides Updates on Operating Plan and Capital Structure at Growth Conference
PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, presented today at the William Blair 44th Annual Growth Stock Conference, sharing ...
KBRA Assigns Preliminary Ratings to Carvana Auto Receivables Trust 2024-N2
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of notes issued by Carvana Auto Receivables Trust 2024-N2 (“CRVNA 2024-N2”), a non-prime auto loan AB...
Carvana CEO on used car market, earnings and meme stock investors
Carvana CEO Ernie Garcia joins 'Power Lunch' to discuss company shares tearing, earnings, and meme stock investment.
KBRA Assigns Preliminary Ratings to Carvana Auto Receivables Trust 2024-P2
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to eight classes of notes issued by Carvana Auto Receivables Trust 2024-P2 (“CRVNA 2024-P2”), a prime auto loan ABS tr...
Carvana to Present at Upcoming William Blair 44th Annual Growth Stock Conference
PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced that Ernie Garcia, Carvana's Founder and Chief Executive Officer, ...
Carvana Announces Investor Tour at its Rocklin, CA Inspection and Reconditioning Center
PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, will host institutional investors and analysts for a tour of its Rocklin, CA Inspection and...
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...