S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:CVNA

Carvana Stock Forecast, Price & News

$261.35
-4.30 (-1.62%)
(As of 12/3/2021 04:00 PM ET)
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Today's Range
$245.39
$268.33
50-Day Range
$261.35
$319.12
52-Week Range
$219.40
$376.83
Volume
3.51 million shs
Average Volume
1.27 million shs
Market Capitalization
$45.16 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
2.31
30 days | 90 days | 365 days | Advanced Chart
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Carvana logo

About Carvana

Carvana Co. is a holding company and an eCommerce platform, which engages in the buying of used cars and provision of different and convenient car buying experience. It operates through the following segments: Vehicle Sales; Wholesale Vehicle Sales; and Other Sales and Revenue. The Vehicle Sales segment consists of used vehicle to customers through website. The Wholesale Vehicle Sales segment comprises of the proceeds from vehicles sold to wholesalers. The Other Sales and Revenue segment composes of sales of automotive finance receivable originate and sell to third parties. The company was founded by Ernest Garcia, III, Benjamin Huston and Ryan Keeton in 2012 and is headquartered in Phoenix, AZ.

Headlines

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Industry, Sector and Symbol

Industry
Automotive dealers & gasoline service stations
Sub-Industry
N/A
Previous Symbol
NASDAQ:CVNA
Fax
N/A
Employees
10,400
Year Founded
2012

Sales & Book Value

Annual Sales
$5.59 billion
Book Value
$4.10 per share

Profitability

Net Income
$-171.14 million
Pretax Margin
-2.38%

Debt

Price-To-Earnings

Miscellaneous

Free Float
154,300,000
Market Cap
$45.16 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Today
12/04/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/24/2022

Social Links


MarketRank

Overall MarketRank

2.39 out of 5 stars

Retail/Wholesale Sector

98th out of 273 stocks

Automotive Dealers & Gasoline Service Stations Industry

9th out of 28 stocks

Analyst Opinion: 3.4Community Rank: 4.7Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 0.6 5 -4 -3 -2 -1 -












Carvana (NYSE:CVNA) Frequently Asked Questions

Is Carvana a buy right now?

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last twelve months. There are currently 6 hold ratings and 14 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.

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. Since then, CVNA stock has increased by 361.8% and is now trading at $261.35.
View which stocks have been most impacted by COVID-19
.

When is Carvana's next earnings date?

Carvana is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
View our earnings forecast for Carvana
.

How were Carvana's earnings last quarter?

Carvana Co. (NYSE:CVNA) released its earnings results on Thursday, November, 4th. The company reported ($0.38) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.28) by $0.10. The firm had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.28 billion. Carvana had a negative trailing twelve-month return on equity of 10.04% and a negative net margin of 1.00%. The firm's revenue was up 125.4% on a year-over-year basis. During the same period in the prior year, the business posted ($0.10) EPS.
View Carvana's earnings history
.

What price target have analysts set for CVNA?

20 analysts have issued 1 year target prices for Carvana's stock. Their forecasts range from $283.00 to $470.00. On average, they anticipate Carvana's stock price to reach $371.28 in the next twelve months. This suggests a possible upside of 42.1% from the stock's current price.
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:

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.

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 Walt Disney (DIS).

When did Carvana IPO?

(CVNA) raised $225 million in an initial public offering (IPO) 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 Baillie Gifford & Co. (4.47%), Morgan Stanley (3.17%), BlackRock Inc. (2.55%), Jennison Associates LLC (2.28%), Spruce House Investment Management LLC (2.17%) and Citigroup Inc. (0.00%). Company insiders that own Carvana stock include Alan J Stock, Benjamin E Huston, Daniel J Gill, Ernest C Garcia II, Ernest C Garcia II, Gregory B Sullivan, Ira J Platt, Jeffrey Zwelling, Jonathan F Foster, Mark W Jenkins, Mark W Jenkins, Michael E Maroone, Neha Parikh, Paul Beldin, Paul W Breaux, Paul W Breaux, Robert J Traube, Ryan S Keeton, Ryan S Keeton, Spruce House Partnership Llc, Thomas Taira and Timothy H Young.
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 Morgan Stanley, Luxor Capital Group LP, Assenagon Asset Management S.A., Duquesne Family Office LLC, Spruce House Investment Management LLC, Grosvenor Holdings L.L.C., UBS Group AG, and Goldman Sachs Group Inc.. Company insiders that have sold Carvana company stock in the last year include Benjamin E Huston, Ernest C Garcia II, Gregory B Sullivan, Jeffrey Zwelling, Jonathan F Foster, Mark W Jenkins, Michael E Maroone, Neha Parikh, Paul Beldin, Paul W Breaux, Robert J Traube, Ryan S Keeton, Thomas Taira, and Timothy H Young.
View insider buying and selling activity for Carvana
or view top insider-selling stocks.

Which major investors are buying Carvana stock?

CVNA stock was purchased by a variety of institutional investors in the last quarter, including Natixis, Lord Abbett & CO. LLC, IMC Chicago LLC, Barclays PLC, BlackRock Inc., Geode Capital Management LLC, TD Asset Management Inc., and Citadel Advisors LLC. Company insiders that have bought Carvana stock in the last two years include Alan J Stock, and Ernest C Garcia II.
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 $261.35.

How much money does Carvana make?

Carvana has a market capitalization of $45.16 billion and generates $5.59 billion in revenue each year. The company earns $-171.14 million in net income (profit) each year or ($1.45) 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 12/4/2021 by MarketBeat.com Staff

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