Carvana Co. (CVNA)
| Market Cap | 47.40B |
| Revenue (ttm) | 12.55B |
| Net Income (ttm) | 17.00M |
| Shares Out | 211.20M |
| EPS (ttm) | -0.46 |
| PE Ratio | 2,788.52 |
| Forward PE | 92.95 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,835,354 |
| Open | 221.99 |
| Previous Close | 222.98 |
| Day's Range | 218.45 - 225.03 |
| 52-Week Range | 40.21 - 268.34 |
| Beta | 3.34 |
| Analysts | Buy |
| Price Target | 220.35 (-1.83%) |
| Earnings Date | Oct 30, 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 19 analysts, the average rating for CVNA stock is "Buy." The 12-month stock price forecast is $220.35, which is a decrease of -1.83% from the latest price.
News
Carvana CEO: We're growing faster than any other auto retailer out there
Ernie Garcia, chairman and CEO of Carvana, joins CNBC's 'Power Lunch' to discuss the company's stellar success in 2024, expectations for next year, and more.
Carvana Reveals Top-Selling Used Cars of 2024
PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), an industry leader for buying and selling used cars online, has unveiled its top-selling vehicles of 2024. This year's rankings highlight evolving c...
Amazon Is Selling Cars. Why It Isn't Much of a Threat to Carvana, CarMax Yet.
The e-commerce giant's auto business is operating in 48 cities. Hyundai Motor is its exclusive partner for the launch.
Operating Leverage Is Boosting Carvana Faster Than Previously Expected (Rating Upgrade)
It's a shame accounting standards setters don't respect the way knowledge of fixed costs, variable costs, and operating leverage can help investors, so we're left on our own here. This framework suppo...
The Big 3: CRWD, CVNA, TEM
@ProsperTradingAcademy's Charles Moon is bullish on all of today's Big 3. He points to Crowdstrike's (CRWD) recovery and Carvana (CVNA) coiling to the upside as positive markers but warns of volatilit...
The Art Of Being A Contrarian With Courage & Conviction Investing
Courage & Conviction Investing details why consistency in small-cap strategy pays off; ignoring macro noise to gain alpha. Highlighted successful investments: Carvana's turnaround, Zeta's contrarian s...
Carvana Announces Auction-IRC ‘Megasite' Integration in Boston Area
BOSTON--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced plans for an auction and reconditioning ‘Megasite' integration in Boston...
Jim Cramer reviews ten stocks that are up more than 200% so far this year
CNBC's Jim Cramer on Wednesday reviewed ten stocks worth more than $1 billion that have run up big this year and suggested they were smart investments — although most were also very speculative. "Let'...
Carvana: Turnaround Is Complete, 2025 Looks Exciting
Carvana Co. shares have surged ~85% since September, driven by a strong earnings report and a successful turnaround from 2021 lows, making shares a strong buy. CVNA Q3 earnings exceeded expectations w...
Carvana Expands Same Day Delivery to Las Vegas
LAS VEGAS--(BUSINESS WIRE)--Carvana (NYSE:CVNA), an industry pioneer for buying and selling used cars online, today announced the expansion of its same day vehicle delivery offering to the greater Las...
SHOP, CVNA, HIMS Highlight Strength & Diversity in Consumer Discretionary
Shopify's (SHOP) massive pop after earnings is just the latest flex of Consumer Discretionary's strength, according to Roxanna Islam. The sector has grown 20% year-to-date compared to Consumer Staples...
Carvana to Present at Upcoming RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference
PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced that Mark Jenkins, Carvana's Chief Financial Officer, will present...
Carvana: I Was Wrong, This Stock Is A Powerhouse, But Don't Get Carried Away (Rating Upgrade)
Shares of Carvana have continued to rally after a very strong Q3 earnings print, bringing YTD gains to above 400%. Driven by accelerating sales growth as well as meaningful GPU expansion in Q3, I'm al...
Carvana and Jimmie Johnson Redefine Fast In Same Day Delivery Ad Campaign
PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, today launched a new broadcast campaign starring seven-time NASCAR champion Jimmie Johnson. The commerci...
Carvana, Costco, and 12 More Stocks Are Flashing a Warning
At some point, even the best of stocks can simply be too expensive, and valuation can drag on performance.
Carvana Stock Rockets as Profit, Sales Jump on Rising Demand for Used Cars
Rising demand for used cars helped online used-vehicle retailer Carvana (CVNA) blow away profit and sales estimates and boost its full-year outlook. The company's shares soared Thursday.
Carvana stock: it's time you moved to the sidelines
Carvana Co (NYSE: CVNA) has had a stunning journey from near bankruptcy all the way up to expectations of more than $1.2 billion in adjusted EBITDA this year.
These Analysts Boost Their Forecasts On Carvana After Strong Q3 Results
Carvana Co. CVNA reported better-than-expected third-quarter financial results on Wednesday.
Carvana CEO on Q3 earnings beat: In the last two years we've found a new gear in operations
Ernest Garcia, Carvana CEO, joins CNBC's 'Money Movers' to discuss third-quarter earnings, used car demand, and more.
Carvana Stock: Why One Analyst Sees Even More Upside After Earnings
Carvana stock is surging Thursday after the used car retailer's third-quarter earnings beat, but one analyst thinks there's even more room to run.
Carvana Levels to Watch as Stock Jumps 20% on Strong Earnings, Outlook Boost
Carvana (CVNA) shares soared in extended trading on Wednesday after the online car dealer blew past Wall Street's third quarter estimates and raised its full-year outlook, boosted by strong vehicle sa...
Carvana Co. (CVNA) Q3 2024 Earnings Call Transcript
Carvana Co. (NYSE:CVNA) Q3 2024 Earnings Conference Call October 30, 2024 5:30 PM ET Company Participants Meg Kehan – Investor Relations Ernie Garcia – Chief Executive Officer Mark Jenkins – Chief Fi...
Carvana Smashes Wall Street Earnings Estimates. The Stock Is Soaring.
Wednesday, Carvana reported third-quarter Ebitda of of $429 million from sales of $3.7 billion. Wall Street was looking for $330 million and $3.5 billion, respectively.
Carvana's stock soars 20% as used-car retailer calls for better times ahead
Online used-car platform blows past Wall Street expectations for its third quarter.
Carvana raises 2024 earnings guidance after topping Wall Street's Q3 expectations
Carvana raised its 2024 earnings guidance, saying it would be "significantly above the high end" of its previous target. The online used car retailer easily beat Wall Street's estimates for earnings a...