Carvana Co. (CVNA)
| Market Cap | 18.91B |
| Revenue (ttm) | 11.67B |
| Net Income (ttm) | 714.00M |
| Shares Out | 123.82M |
| EPS (ttm) | 1.96 |
| PE Ratio | 77.94 |
| Forward PE | 148.63 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,254,562 |
| Open | 143.15 |
| Previous Close | 141.90 |
| Day's Range | 143.03 - 153.56 |
| 52-Week Range | 25.09 - 159.85 |
| Beta | 3.44 |
| Analysts | Buy |
| Price Target | 151.60 (-0.72%) |
| Earnings Date | Oct 31, 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 "Buy." The 12-month stock price forecast is $151.6, which is a decrease of -0.72% from the latest price.
News
The Big 3: Z, CVNA, GE
Zillow (Z), Carvana (CVNA), and GE Aerospace (GE) all recently hit 52-week highs with uptrends behind their stock prices. Charles Moon joins Ben Lichtenstein and Nicole Petallides to break down the te...
Carvana, Jimmie Johnson Offer Chance to Draw Outside the Finish Lines and Create Jimmie Johnson's Next Race Car Look
PHOENIX--(BUSINESS WIRE)--Start your engines, racing fans! Carvana, the pioneer for buying and selling used cars online, is thrilled to announce the launch of a contest in partnership with LEGACY MOTO...
Carvana and PPA Tour Offer Pickleball Fans a Chance to Win Big During "Road to the Finals"
PHOENIX--(BUSINESS WIRE)--Carvana, the leading e-commerce platform for buying and selling used cars, and the Professional Pickleball Association (PPA) are excited to announce the “Road to the Finals” ...
Carvana Brings Same Day Delivery to Portland
PORTLAND, Ore.--(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 great...
Carvana Announces Auction-IRC ‘Megasite' Integration in Houston
HOUSTON--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced its second auction and reconditioning ‘Megasite' integration in Houston...
Carvana: Surprising Profits; Turnaround Is Accelerating (Rating Upgrade)
Carvana's unique online model and heavy investments are paying off, improving economies of scale and gross profit per vehicle, making it a strong buy. Despite a volatile past and significant debt load...
Carvana stock price has more upside despite stretched valuation
Carvana (CVNA) stock has done relatively well in the past two years, as the company shifted its business focus from growth to profitability. It soared to a high of $160 this year, its highest level si...
Carvana Defies The Odds With 217% YTD Rally: Is The Comeback Story Real?
Online used car retailer Carvana Co CVNA has been one of the top performing stocks in 2024 with shares up 217% year-to-date and new 52-week highs hit after second-quarter financial results.
Carvana Develops First Auction-IRC ‘Megasite' in Kansas City
KANSAS CITY, Mo.--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, today announced the development of its first auction and reconditioning ‘Megasite' in Kansas Ci...
Trade of the Week: Carvana
Earnings provide opportunities for outside moves and as volatility expands, I like to call this ‘butterfly season'. And though I normally put both sides of the trade for bullish and bearish stances, ...
Carvana CEO on Profit Surprise and Debt Reduction
Carvana founder and CEO Ernie Garcia discusses the company's surprise profit and debt reduction plan on "Bloomberg The Close." Carvana's net income in the period was $48 million, easily topping analys...
Is Carvana Stock a Buy, Hold or Sell After Earnings Rally?
Carvana stock is up big Thursday after the online car dealer posted a surprise Q2 profit and Wall Street has been quick to chime in. Here's what they're saying.
Carvana Stock Is Jumping After a Surprise Profit and Upbeat Outlook
Shares of Carvana (CVNA) drove higher after the online used-car retailer posted a surprise profit and gave an upbeat full-year outlook.
Carvana CEO Ernie Garcia on Q2 results: Most profitable quarter of any automotive retailer ever
Carvana founder and CEO Ernie Garcia joins 'Squawk on the Street' to discuss the company's quarterly earnings results, state of the used-car market, the company's business model, and more.
Carvana shares surge on robust 2024 core profit forecast
Shares of Carvana surged nearly 13% in premarket trade a day after the used car retailer forecast annual core profit above Wall Street estimates, as more car buyers consider shopping online.
Carvana Co. (CVNA) Q2 2024 Earnings Call Transcript
Carvana Co. (NYSE:CVNA) Q2 2024 Earnings Conference Call July 31, 2024 5:30 PM ET Company Participants Meg Kehan - IR Ernie Garcia - CEO Mark Jenkins - CFO Conference Call Participants Michael Montan...
Carvana stock skyrockets on massive Q2 sales beat
CNBC's Phil LeBeau, David Zervos, Jefferies chief market strategist, and Brooke May, Evans May Wealth managing partner, join 'Closing Bell Overtime' to talk Carvana earnings and today's slate of earni...
Carvana posts surprise profit as retail vehicle sales rise 33%
Shares of Carvana Co. rallied more than 7% in the extended session Wednesday after the online used-car retailer posted a surprise quarterly profit, seeing a 33% rise in retail vehicle sales.
Carvana beats Wall Street's second-quarter expectations, guides toward record year
Carvana expects 2024 to be a record year for the used car retailer, including projecting adjusted EBITDA of between $1 billion and $1.2 billion. The company's second-quarter net income was $48 million...
Carvana's Car Sales Surged as Revenue Beat Forecasts
Carvana sold 101,440 vehicles in the second quarter, up 33% from the second quarter of 2023, and beating expectations.
Carvana forecasts 2024 core profit above Wall Street expectations
Carvana forecast annual core profit above analysts' expectations on Wednesday, driven by strong demand for its used vehicles and improved inventory management, which helped the used-car retailer prote...
Carvana Announces Industry-Leading Second 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 June 30, 2024. Carvana's c...
Carvana to Present at Upcoming J.P. Morgan Automotive 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: A Promising Investment In The Used Car Market
Carvana's stock has shown a 152% year-to-date gain in 2024, making it one of the best-performing stocks. The company successfully transformed from a loss-making entity to a profitable leader in the us...
Carvana EV Trends Report Reveals Broadening Appeal and Accessibility of Used EVs
PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, today released an EV Trends Report for Q2 2024. The report focuses on the evolving profile of the used E...