NYSE:CVNA

Carvana Stock Forecast, Price & News

$291.16
+11.70 (+4.19 %)
(As of 06/17/2021 12:00 AM ET)
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Today's Range
$280.30
$292.00
50-Day Range
$223.87
$294.76
52-Week Range
$110.06
$323.39
Volume2.24 million shs
Average Volume1.51 million shs
Market Capitalization$50.19 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.4
30 days | 90 days | 365 days | Advanced Chart
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About Carvana

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 headquartered in Tempe, Arizona.

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MarketRank

Overall MarketRank

1.29 out of 5 stars

Retail/Wholesale Sector

162nd out of 402 stocks

Automotive Dealers & Gasoline Service Stations Industry

19th out of 30 stocks

Analyst Opinion: 2.4Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -
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Carvana (NYSE:CVNA) Frequently Asked Questions

Is Carvana a buy right now?

27 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 5 hold ratings and 22 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Carvana stock.
View analyst ratings for Carvana
or view top-rated stocks.

What stocks does MarketBeat like better than Carvana?

Wall Street analysts have given Carvana a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Carvana wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Carvana's next earnings date?

Carvana is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Carvana
.

How were Carvana's earnings last quarter?

Carvana Co. (NYSE:CVNA) announced its earnings results on Thursday, May, 6th. The company reported ($0.46) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.70) by $0.24. The business earned $2.25 billion during the quarter, compared to analysts' expectations of $1.89 billion. Carvana had a negative trailing twelve-month return on equity of 13.10% and a negative net margin of 2.19%. The company's revenue was up 104.5% on a year-over-year basis. During the same period in the previous year, the business earned ($1.18) earnings per share.
View Carvana's earnings history
.

How has Carvana's stock been impacted by Coronavirus?

Carvana's stock was trading at $56.59 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CVNA shares have increased by 414.5% and is now trading at $291.16.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for CVNA?

27 Wall Street analysts have issued 12-month price targets for Carvana's shares. Their forecasts range from $170.00 to $420.00. On average, they expect Carvana's stock price to reach $290.40 in the next twelve months. This suggests that the stock has a possible downside of 0.3%.
View analysts' price targets for Carvana
or view top-rated stocks among Wall Street analysts.

Who are Carvana's key executives?

Carvana's management team includes the following people:
  • Mr. Ernest C. Garcia III, Co-Founder, Pres, CEO & Chairman (Age 38)
  • Mr. Benjamin Huston, Co-Founder & COO (Age 38, Pay $394.3k)
  • Mr. Mark Jenkins, Chief Financial Officer (Age 42, Pay $408.94k)
  • Mr. Paul Breaux, VP, Gen. Counsel & Sec. (Age 37, Pay $320.42k)
  • Mr. Daniel Gill, Chief Product Officer (Age 38, Pay $353.67k)
  • Mr. Ryan S. Keeton, Co-Founder & Chief Brand Officer (Age 43)
  • Mr. Stephen R. Palmer, VP of Accounting & Fin. (Age 43)
  • Mr. Michael Louis Levin CFA, VP of Investor Relations
  • Mr. Thomas Taira, Pres of Special Projects (Age 50)
  • Mr. John Mckeon, VP of Financial Planning & Analysis

What is Ernie Garcia's approval rating as Carvana's CEO?

318 employees have rated Carvana CEO Ernie Garcia on Glassdoor.com. Ernie Garcia has an approval rating of 78% among Carvana's employees.

Who are some of Carvana's key competitors?

What other stocks do shareholders of Carvana own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Carvana investors own include NVIDIA (NVDA), Tesla (TSLA), Micron Technology (MU), PayPal (PYPL), Advanced Micro Devices (AMD), Bank of America (BAC), Alibaba Group (BABA), salesforce.com (CRM), Square (SQ) and The Walt Disney (DIS).

When did Carvana IPO?

(CVNA) raised $225 million in an initial public offering on Friday, April 28th 2017. The company issued 15,000,000 shares at $14.00-$16.00 per share. Wells Fargo Securities, BofA Merrill Lynch, Citigroup and Deutsche Bank Securities acted as the underwriters for the IPO and Baird, William Blair, BMO Capital Markets and JMP Securities were co-managers.

What is Carvana's stock symbol?

Carvana trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVNA."

Who are Carvana's major shareholders?

Carvana's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (4.21%), Morgan Stanley (3.78%), Baillie Gifford & Co. (3.62%), Jennison Associates LLC (2.97%), Spruce House Partnership LLC (2.30%) and BlackRock Inc. (2.27%). Company insiders that own Carvana stock include Benjamin E Huston, Daniel J Gill, Ernest C Garcia II, Ernest C Garcia II, Ira J Platt, Mark W Jenkins, Michael E Maroone, Paul W Breaux, Ryan S Keeton, Spruce House Partnership Llc and Thomas Taira.
View institutional ownership trends for Carvana
.

Which major investors are selling Carvana stock?

CVNA stock was sold by a variety of institutional investors in the last quarter, including D1 Capital Partners L.P., Price T Rowe Associates Inc. MD, Duquesne Family Office LLC, Whale Rock Capital Management LLC, Morgan Stanley, Lord Abbett & CO. LLC, Clearbridge Investments LLC, and Nomura Holdings Inc.. Company insiders that have sold Carvana company stock in the last year include Benjamin E Huston, Daniel J Gill, Ernest C Garcia II, Ira J Platt, Mark W Jenkins, Michael E Maroone, Paul W Breaux, Ryan S Keeton, and Thomas Taira.
View insider buying and selling activity for Carvana
or view top insider-selling stocks.

Which major investors are buying Carvana stock?

CVNA stock was acquired by a variety of institutional investors in the last quarter, including Spruce House Partnership LLC, Jennison Associates LLC, BlackRock Inc., Baillie Gifford & Co., Third Point LLC, Sculptor Capital LP, Fred Alger Management LLC, and Winslow Capital Management LLC.
View insider buying and selling activity for Carvana
or or view top insider-buying stocks.

How do I buy shares of Carvana?

Shares of CVNA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Carvana's stock price today?

One share of CVNA stock can currently be purchased for approximately $291.16.

How much money does Carvana make?

Carvana has a market capitalization of $50.19 billion and generates $5.59 billion in revenue each year. The company earns $-171,140,000.00 in net income (profit) each year or ($2.11) on an earnings per share basis.

How many employees does Carvana have?

Carvana employs 10,400 workers across the globe.

When was Carvana founded?

Carvana was founded in 2012.

What is Carvana's official website?

The official website for Carvana is www.carvana.com.

Where are Carvana's headquarters?

Carvana is headquartered at 1930 WEST RIO SALADO PARKWAY, TEMPE AZ, 85281.

How can I contact Carvana?

Carvana's mailing address is 1930 WEST RIO SALADO PARKWAY, TEMPE AZ, 85281. The company can be reached via phone at 480-719-8809 or via email at [email protected]


This page was last updated on 6/18/2021 by MarketBeat.com Staff
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