Carvana Co. (CVNA)

NYSE: CVNA · IEX Real-Time Price · USD
40.83
+1.30 (3.29%)
At close: Sep 27, 2023, 4:00 PM
39.87
-0.96 (-2.35%)
Pre-market: Sep 28, 2023, 7:32 AM EDT
3.29%
Market Cap 7.25B
Revenue (ttm) 11.80B
Net Income (ttm) -1.31B
Shares Out 177.60M
EPS (ttm) -12.59
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 7,159,661
Open 40.33
Previous Close 39.53
Day's Range 39.89 - 41.78
52-Week Range 3.55 - 57.19
Beta 3.09
Analysts Hold
Price Target 34.94 (-14.43%)
Earnings Date Nov 2, 2023

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 was founded in 2012 and is based in Tempe, Arizona. [Read more]

Industry Internet Retail
IPO Date Apr 28, 2017
Employees 16,600
Stock Exchange NYSE
Ticker Symbol CVNA
Full Company Profile

Financial Performance

In 2022, Carvana Co.'s revenue was $13.60 billion, an increase of 6.17% compared to the previous year's $12.81 billion. Losses were -$1.59 billion, 1075.6% more than in 2021.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for CVNA stock is "Hold." The 12-month stock price forecast is $34.94, which is a decrease of -14.43% from the latest price.

Price Target
$34.94
(-14.43% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Carvana and NRG Partner to Launch Esports Challenge: The Search for the Next Rocket League Pro Begins

PHOENIX--(BUSINESS WIRE)--Carvana is offering a one-year pro sponsorship to the winner of this year's Carvana | NRG Combine in search of the next pro Rocket League player.

2 days ago - Business Wire

If you are a believer in Carvana, maybe you can buy the dip: Freedom Capital Markets' Jay Woods

Jay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss the technical take on stocks.

9 days ago - CNBC Television

Here are the 12 stocks Jim Cramer is watching, including Netflix, Arm, Planet Fitness

Here are some of the tickers on my radar for Monday, Sept. 18 taken directly from my reporter's notebook.

Other symbols: NFLXPLNTAALARMDALLENMA
9 days ago - CNBC

Carvana Has Gained 1,000% This Year. This Analyst Just Upgraded the Stock.

A debt exchange has bought the auto reseller "at least two years of breathing room to execute," Wedbush says,

9 days ago - Barrons

Carvana, CarMax stocks rise ahead of autoworkers' contract expiration

Shares of used-car retailers Carvana Co. CVNA, +12.08% rallied more than 12%, and shares of CarMax Inc. KMX, +3.05% rose around 2%, in midday trading Thursday, with just hours to go for a contract's e...

Other symbols: KMX
13 days ago - Market Watch

KBRA Assigns Preliminary Ratings to Carvana Auto Receivables Trust 2023-P4

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to five classes of notes (eight tranches) issued by Carvana Auto Receivables Trust 2023-P4 (“CRVNA 2023-P4”), a prime auto loan ABS ...

13 days ago - Business Wire

Carvana Adopts Texas DMV E-Odometer System, Further Streamlining the Car Buying Experience

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling used cars online, announced today that it has adopted a Texas Department of Motor Vehicles (TxDMV) tool desi...

15 days ago - Business Wire

3 Stocks with Exposure to the Multibillion Dollar Pickleball Boom

America's fastest growing sport, five years running, pickleball, is taking over neighborhood tennis courts and taking the country by storm. More than 48 million U.S. adults have stepped onto a pickleb...

Other symbols: LTHSKX
19 days ago - MarketBeat

KBRA Assigns Preliminary Ratings to Carvana Auto Receivables Trust 2023-N3

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to five classes of notes issued by Carvana Auto Receivables Trust 2023-N3 (“CRVNA 2023-N3”), an auto loan ABS transaction. Initial c...

21 days ago - Business Wire

Carvana Champions New Oregon Law Digitizing Car Buying Experience

PHOENIX--(BUSINESS WIRE)--Legislation signed into law by Oregon Governor Tina Koteck will result in the Oregon Department of Transportation (ODOT) adopting rules that permit the use of electronic serv...

22 days ago - Business Wire

Carvana to Present at Upcoming Morgan Stanley 11th Annual Laguna Conference

PHOENIX--(BUSINESS WIRE)--Carvana to Present at Upcoming Morgan Stanley 11th Annual Laguna Conference.

23 days ago - Business Wire

Short squeeze alert for September 4th: Two stocks with potential to skyrocket

A short squeeze is when traders who heavily short a stock start to cover their short positions by buying back the stock. This increases demand for the stock, and it pushes the price higher, forcing ot...

Other symbols: PROK
23 days ago - Finbold

Carvana to Complete Debt Exchange with Over 96% of Noteholders

PHOENIX--(BUSINESS WIRE)--Carvana to Complete Debt Exchange with Over 96% of Noteholders.

27 days ago - Business Wire

Carvana Launches Same Day Vehicle Delivery In Greater Charlotte Area Bringing New Level of Speed and Convenience to Local Shoppers

CHARLOTTE, N.C.--(BUSINESS WIRE)--Carvana now provides select customers in North Carolina with the speedy and convenient service of online purchasing with same day delivery.

4 weeks ago - Business Wire

Glancy Prongay & Murray LLP Announces Investigation of Carvana Co. (CVNA)

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Carvana Co. (NYSE: CVNA) concerning the Company and its directors' and officers' possible violations of st...

4 weeks ago - Business Wire

Carvana-led Coalition Passes Consumer Friendly Home Delivery Legislation In Illinois

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced the successful conclusion to its campaign to enact legislation tha...

4 weeks ago - Business Wire

Carvana Named Among America's Best Employers for Women for 2023

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, is named by Forbes as one of the Best Employers for Women for 2023. This prestigious recogn...

4 weeks ago - Business Wire

Carvana Debuts Same Day Vehicle Delivery in Indiana Sharing New Level of Speed and Convenience With Local Shoppers

INDIANAPOLIS--(BUSINESS WIRE)--Carvana debuts same day delivery to Indianapolis-area residents.

5 weeks ago - Business Wire

Carvana Completes All Equity Capital Requirements of Previously Announced Exchange Offer Transaction Support Agreement

PHOENIX--(BUSINESS WIRE)--Carvana Completes All Equity Capital Requirements of Previously Announced Exchange Offer Transaction Support Agreement.

5 weeks ago - Business Wire

The Next Meme Stock: 6 Tickers Leading a Meme Stock Revival

Meme stocks are low-priced stocks that ran up in price for no particular fundamental reason other than short-squeezes perpetuated by retail investor enthusiasm and social media hype. The ridiculous na...

Other symbols: AMCBBKODKLCIDTUP
5 weeks ago - MarketBeat

Carvana Expands Footprint On Atlantic Coast With Newest Iconic Car Vending Machine

MIAMI--(BUSINESS WIRE)--Carvana's newest Car Vending Machine is eight stories tall, with a 27-vehicle capacity, offering a fun, exciting experience for Miami area residents.

6 weeks ago - Business Wire

Trending stocks August 11, 2023: Carvana, MercadoLibre, Stanley Black & Decker

Yahoo Finance anchors Julie Hyman, Brad Smith, and Rachelle Akuffo report on the latest stock market news including the S&P 500 (^GSPC) trading lower as the July Producer Price Index came in at 0.3%, ...

Other symbols: MELISWK
6 weeks ago - Yahoo Finance

Stocks trending August 11, 2023: MercadoLibre, Carvana, Stanley Black & Decker

Yahoo Finance anchors Brad Smith, Julie Hyman, and Rachelle Akuffo break down the latest stock market news including the S&P 500 (^GSPC) trading lower as the July Producer Price Index came in at 0.3%,...

Other symbols: MELISWK
6 weeks ago - Yahoo Finance

Carvana Outlook Impresses, the Stock Rises. This Risk Remains.

Baird analyst Colin Sebastian hiked his price target for the used-car seller's shares.

6 weeks ago - Barrons

Carvana Stock Jumps After Used-Car Dealer Raises Outlook

Carvana said it expects gross profit per unit, on an adjusted basis, to come in above $5,500 for the third quarter that ends in September. That's higher than the forecast of above $5,000 shared previo...

7 weeks ago - Barrons