NYSE:CVNACarvana Stock Price, Forecast & News

Carvana's stock was trading at $56.59 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CVNA shares have increased by 121.6% and is now trading at $125.38. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 2 sell ratings, 10 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 Co (NYSE:CVNA) released its earnings results on Wednesday, May, 6th. The company reported ($1.18) EPS for the quarter, missing analysts' consensus estimates of ($0.63) by $0.55. The company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.10 billion. Carvana had a negative return on equity of 127.13% and a negative net margin of 3.89%. Carvana's revenue was up 45.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.53) earnings per share. View Carvana's earnings history.

22 brokerages have issued 1 year target prices for Carvana's shares. Their forecasts range from $24.00 to $135.00. On average, they expect Carvana's share price to reach $94.68 in the next year. This suggests that the stock has a possible downside of 24.5%. View analysts' price targets for Carvana.

Media coverage about CVNA stock has trended very negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Carvana earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company'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), Lithia Motors (LAD), AutoNation (AN), Murphy USA (MUSA), Penske Automotive Group (PAG), Camping World (CWH), KAR Auction Services (KAR), Asbury Automotive Group (ABG), 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 a price of $14.00-$16.00 per share. Wells Fargo Securities, BofA Merrill Lynch, Citigroup and Deutsche Bank Securities served 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."

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 $125.38.

Carvana has a market capitalization of $21.36 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]