NYSE:CVNACarvana Stock Price, Forecast & News

Carvana's stock was trading at $56.59 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CVNA shares have increased by 142.9% and is now trading at $137.46. View which stocks have been most impacted by Coronavirus.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 2 sell ratings, 11 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Carvana.

Carvana is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Carvana.

Carvana will be holding an earnings conference call on Wednesday, August 5th 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) announced its quarterly earnings results on Wednesday, May, 6th. The company reported ($1.18) earnings per share for the quarter, missing analysts' consensus estimates of ($0.63) by $0.55. The firm had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.10 billion. Carvana had a negative net margin of 3.89% and a negative return on equity of 127.13%. The business's revenue was up 45.4% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.53) earnings per share. View Carvana's earnings history.

23 equities research analysts have issued 12-month price targets for Carvana's stock. Their forecasts range from $24.00 to $155.00. On average, they expect Carvana's stock price to reach $103.25 in the next twelve months. This suggests that the stock has a possible downside of 24.9%. View analysts' price targets for Carvana.

News stories about CVNA stock have been trending neutral on Saturday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Carvana earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Carvana.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Carvana investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Bank of America (BAC), salesforce.com (CRM), Paypal (PYPL), Square (SQ), Visa (V), Home Depot (HD) and Netflix (NFLX).

(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.

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

Carvana's stock is owned by a number of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.04%) and Carnegie Capital Asset Management LLC (0.04%). Company insiders that own Carvana stock include Benjamin E Huston, Daniel J Gill, Ddfs Partnership Lp, 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 Envestnet Asset Management Inc., and Carnegie Capital Asset Management LLC. Company insiders that have sold Carvana company stock in the last year include Benjamin E Huston, 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.

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 $137.46.

Carvana has a market capitalization of $23.42 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]