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. Since then, CVNA shares have increased by 383.2% and is now trading at $273.47.
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27 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 1 sell rating, 9 hold ratings and 17 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 MarketBeat's top 5 stock picks.

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

Carvana is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Carvana.

Carvana Co. (NYSE:CVNA) released its quarterly earnings results on Thursday, October, 29th. The company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.29) by $0.19. The business earned $1.54 billion during the quarter, compared to analyst estimates of $1.53 billion. Carvana had a negative net margin of 3.06% and a negative trailing twelve-month return on equity of 43.19%. The business's quarterly revenue was up 41.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.56) earnings per share.
View Carvana's earnings history.

27 Wall Street analysts have issued 12 month price targets for Carvana's shares. Their forecasts range from $40.00 to $314.00. On average, they anticipate Carvana's stock price to reach $221.54 in the next twelve months. This suggests that the stock has a possible downside of 19.0%.
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Some companies that are related to Carvana include Copart (CPRT), CarMax (KMX), Lithia Motors (LAD), IAA (IAA), Casey's General Stores (CASY), AutoNation (AN), Penske Automotive Group (PAG), Vroom (VRM), 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).
View all of CVNA's competitors.

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 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.

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 Pelham Capital Ltd. (0.34%), Frontier Capital Management Co. LLC (0.13%), Taylor Frigon Capital Management LLC (0.01%), Kestra Advisory Services LLC (0.00%), IFM Investors Pty Ltd (0.00%) and NuWave Investment Management LLC (0.00%). 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 and Spruce House Partnership Llc.
View institutional ownership trends for Carvana.

CVNA stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Taylor Frigon Capital Management LLC, and Exchange Traded Concepts LLC. 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 Spruce House Partnership Llc.
View insider buying and selling activity for Carvana or view top insider-selling stocks.

CVNA stock was bought by a variety of institutional investors in the last quarter, including Pelham Capital Ltd., Kestra Advisory Services LLC, IFM Investors Pty Ltd, NuWave Investment Management LLC, Breiter Capital Management Inc., Meridian Wealth Management LLC, We Are One Seven LLC, and Sowell Financial Services LLC.
View insider buying and selling activity for Carvana or or view top insider-buying stocks.

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.

One share of CVNA stock can currently be purchased for approximately $273.47.

Carvana has a market capitalization of $46.98 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]