Carvana Stock Forecast, Price & News

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 stock has increased by 258.1% and is now trading at $202.64.
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26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 1 sell rating, 13 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Carvana is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Carvana.

Carvana will be holding an earnings conference call on Thursday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Carvana Co. (NYSE:CVNA) released its quarterly earnings results on Wednesday, August, 5th. The company reported ($0.62) earnings per share for the quarter, topping the consensus estimate of ($0.86) by $0.24. The firm earned $1.12 billion during the quarter, compared to analyst estimates of $1.13 billion. Carvana had a negative return on equity of 83.73% and a negative net margin of 4.10%.
View Carvana's earnings history.

26 equities research analysts have issued 12 month price targets for Carvana's shares. Their forecasts range from $40.00 to $272.00. On average, they anticipate Carvana's share price to reach $200.41 in the next year. This suggests that the stock has a possible downside of 1.1%.
View analysts' price targets for Carvana.

Some companies that are related to Carvana include Copart (CPRT), CarMax (KMX), IAA (IAA), Casey's General Stores (CASY), Lithia Motors (LAD), Vroom (VRM), AutoNation (AN), Penske Automotive Group (PAG), Murphy USA (MUSA), Camping World (CWH), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Rush Enterprises (RUSHA), KAR Auction Services (KAR) and Rush Enterprises (RUSHB).
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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).

(CVNA) raised $225 million in an IPO on Friday, April 28th 2017. The company issued 15,000,000 shares at a price of $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.

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

Carvana's stock is owned by a number of institutional and retail investors. Top institutional investors include Chicago Capital LLC (0.11%), Pelham Capital Ltd. (0.10%), Carnegie Capital Asset Management LLC (0.03%), Hennessy Advisors Inc. (0.02%), Taylor Frigon Capital Management LLC (0.02%) and Darwin Advisors LLC (0.01%). Company insiders that own Carvana stock 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, Spruce House Partnership Llc and Spruce House Partnership Lp.
View institutional ownership trends for Carvana.

CVNA stock was sold by a variety of institutional investors in the last quarter, including Chicago Capital LLC, Envestnet Asset Management Inc., First Midwest Bank Trust Division, Taylor Frigon Capital Management LLC, Hennessy Advisors Inc., Carnegie Capital Asset Management LLC, and Avitas Wealth Management LLC. Company insiders that have sold Carvana company stock in the last year include Benjamin E Huston, Daniel J Gill, Ira J Platt, Mark W Jenkins, Paul W Breaux, Ryan S Keeton, and Spruce House Partnership Llc.
View insider buying and selling activity for Carvana.

CVNA stock was purchased by a variety of institutional investors in the last quarter, including Pelham Capital Ltd., Darwin Advisors LLC, Fulcrum Asset Management LLP, Cordatus Wealth Management LLC, IBM Retirement Fund, Nisa Investment Advisors LLC, World Asset Management Inc, and Ingalls & Snyder LLC. Company insiders that have bought Carvana stock in the last two years include Ernest C Garcia II, Michael E Maroone, and Spruce House Partnership Lp.
View insider buying and selling activity for Carvana.

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

One share of CVNA stock can currently be purchased for approximately $202.64.

Carvana has a market capitalization of $34.58 billion and generates $3.94 billion in revenue each year. The company earns $-114,660,000.00 in net income (profit) each year or ($2.29) on an earnings per share basis. Carvana employs 7,324 workers across the globe.

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

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]