Carvana Co. (CVNA)

NYSE: CVNA · IEX Real-Time Price · USD
69.16
-1.48 (-2.10%)
At close: Apr 17, 2024, 4:00 PM
69.55
+0.39 (0.56%)
Pre-market: Apr 18, 2024, 5:30 AM EDT
-2.10%
Market Cap 13.96B
Revenue (ttm) 10.77B
Net Income (ttm) 450.00M
Shares Out 201.90M
EPS (ttm) 0.75
PE Ratio 92.21
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,541,539
Open 72.20
Previous Close 70.64
Day's Range 67.95 - 73.39
52-Week Range 6.70 - 94.04
Beta 3.30
Analysts Hold
Price Target 59.75 (-13.61%)
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]

IPO Date Apr 28, 2017
Employees 13,700
Stock Exchange NYSE
Ticker Symbol CVNA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for CVNA stock is "Hold." The 12-month stock price forecast is $59.75, which is a decrease of -13.61% from the latest price.

Price Target
$59.75
(-13.61% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Carvana and NRG Unveil Exclusive Giveaway: Your Chance to Win the Ultimate Dream Ride, Personally Delivered by Rocket League Icon Musty

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, has teamed up with NRG, the premier gaming and entertainment powerhouse, to launch an elect...

7 days ago - Business Wire

Carvana to Report First Quarter 2024 Results and Host Quarterly Conference Call on May 1

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its first quarter 2024 financial results for the pe...

14 days ago - Business Wire

META, CVNA, AAPL: Too Expensive To Be A Bear Now

Are traders still buying the dip on stocks in hopes of testing all-time high levels? Meta Platforms (META) has a 52-week high of $523.57.

Other symbols: AAPLMETA
27 days ago - Schwab Network

Digital Auto Sales Are Here to Stay. That's Good for CarMax and Carvana.

Analysts expect continued industry disruption from online car retailers.

Other symbols: KMX
27 days ago - Barrons

Earnings Season Shows Some Momentum for Online Car Platforms

Through the past several months, buying a car — used or new — has been, to put it mildly, out of reach. Inflation has run rampant.

Other symbols: CARG
4 weeks ago - PYMNTS

Carvana Joins eSTART Coalition as Founding Member

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, is proud to announce its participation in the Electronic Secure Title and Registration Tran...

4 weeks ago - Business Wire

Oracle Upgraded, Carvana Upgraded to Hold, IBM Upgraded After Investor Call | Top Calls

Top Calls today are Oracle upgraded on solid Q4 results, Carvana upgraded to hold at Jefferies, IBM upgraded to buy after investor call.

Other symbols: IBMORCL
5 weeks ago - Bloomberg Markets and Finance

How Carvana convinced this former bear to change his tune on the stock

Credit where credit is due: Carvana Co.'s recent “operational adjustments” seem to be paying off.

5 weeks ago - Market Watch

Top Calls - The Close 03/08/2024

Romaine Bostick leads us through some of the Top Calls of the day. Carvana Upgraded, Vail Resorts Downgraded and GE Upgraded on Aerospace Strength.

Other symbols: GEMTN
5 weeks ago - Bloomberg Markets and Finance

Carvana's Stock Has Rocketed. The Bear Case Is ‘Increasingly Unprovable.

RBC Capital Markets' Brad Erickson upgraded shares of used-car retailer Carvana to Sector Perform from Underperform. “Our Underperform thesis is out of date,” he wrote.

5 weeks ago - Barrons

Carvana (CVNA) Higher: Most Risk Off the Table

Carvana (CVNA) is trading higher on an RBC Capital upgrade. The analyst notes that “clear improvement in the unit economics has simply taken most risk off the table.

5 weeks ago - Schwab Network

KBRA Assigns Preliminary Ratings to Carvana Auto Receivables Trust 2024-P1

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes (eight tranches) issued by Carvana Auto Receivables Trust 2024-P1 (“CRVNA 2024-P1”), a prime ...

6 weeks ago - Business Wire

Carvana's (CVNA) Comeback

Carvana (CVNA) is on the rise in 2024. LikeFolio's Andy Swan discusses consumer happiness with Cavana.

6 weeks ago - Schwab Network

Carvana Expands West Coast Footprint with Newest Car Vending Machine in San Diego

SAN DIEGO--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today debuted its newest Car Vending Machine in San Diego, California. The state-of-the-a...

7 weeks ago - Business Wire

Carvana to Present at Upcoming Morgan Stanley Technology, Media & Telecom 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, ...

7 weeks ago - Business Wire

3-Stock Lunch: CVNA, SMCI & ANF

Brian Vendig, MJP Wealth Advisors president, joins 'Power Lunch' to discuss plays for three stocks including; Carvana, Supermicro and Abercrombie & Fitch.

Other symbols: SMCIANF
7 weeks ago - CNBC Television

Carvana's bonds gain along with stock but high debt levels remain a worry

Carvana Co.'s bonds rose Friday, after the online used-car seller surprised investors with fourth-quarter earnings that highlighted some positive metrics.

7 weeks ago - Market Watch

Carvana Stock Surges After Reporting First Annual Profit, Bullish Outlook

Carvana (CVNA) shares soared after the online used-car retailer posted its first annual profit and said it expects improved earnings this quarter as it cut both costs and debt.

7 weeks ago - Investopedia

Carvana Surges as Used-Car Retailer's Profit Tops Estimates

Carvana topped Wall Street's profit expectations in the final months of 2023 and said it expects improved earnings this quarter, sending its shares up the most in seven months as the used-car retailer...

7 weeks ago - Bloomberg Technology

Carvana CEO Ernie Garcia on Q4 results: We're in the best position we've ever been

Ernie Garcia, Carvana CEO, joins 'Money Movers' to discuss the company's upbeat outlook for 2024, how sticky the improvements are for this year, and the company's restructuring of its debt program.

7 weeks ago - CNBC Television

Carvana (CVNA) & Block (SQ) Rally After Earnings

Carvana (CVNA) soars on earnings and a positive outlook. Jenny Horne discusses this, and how volatile the Carvana stock is.

Other symbols: SQ
7 weeks ago - Schwab Network

Carvana stock skyrockets, reports first-ever profitable year

Carvana (CVNA) shares surge after the online used car retailer reported its first profitable year in its fourth-quarter results. Yahoo Finance Live examines Carvana's stock movement Friday morning, ou...

7 weeks ago - Yahoo Finance

Carvana stock surges on first annual profit, pair of analyst upgrades

Wall Street analysts upgraded the stock citing profit trends and a positive retail sales forecast.

7 weeks ago - CNBC

How Carvana caused a Wall Street whiplash, as the stock soars to a 2-year high

Wall Street was basically on track regarding Carvana Co.'s fourth-quarter results, which missed bottom- and top-line expectations, but the stock's big rally reflects how stunned many were about record...

7 weeks ago - Market Watch

Carvana shares ride higher after first annual profit

Shares of Carvana surged 30% before the bell on Friday after the used-car retailer posted its first-ever annual profit, in a sharp turnaround powered by the company's deal with bondholders in July.

7 weeks ago - Reuters