Carvana Stock Forecast, Price & News

27 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 5 hold ratings and 22 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Carvana stock.
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Wall Street analysts have given Carvana a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Carvana wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Carvana is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Carvana.

Carvana Co. (NYSE:CVNA) announced its earnings results on Thursday, May, 6th. The company reported ($0.46) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.70) by $0.24. The business earned $2.25 billion during the quarter, compared to analysts' expectations of $1.89 billion. Carvana had a negative trailing twelve-month return on equity of 13.10% and a negative net margin of 2.19%. The company's revenue was up 104.5% on a year-over-year basis. During the same period in the previous year, the business earned ($1.18) earnings per share.
View Carvana's earnings history.

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 shares have increased by 414.5% and is now trading at $291.16.
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27 Wall Street analysts have issued 12-month price targets for Carvana's shares. Their forecasts range from $170.00 to $420.00. On average, they expect Carvana's stock price to reach $290.40 in the next twelve months. This suggests that the stock has a possible downside of 0.3%.
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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.

Some companies that are related to Carvana include Copart (CPRT), CarMax (KMX), Lithia Motors (LAD), Casey's General Stores (CASY), AutoNation (AN), IAA (IAA), Penske Automotive Group (PAG), Vroom (VRM), Murphy USA (MUSA), Asbury Automotive Group (ABG), Camping World (CWH), 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 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 variety of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (4.21%), Morgan Stanley (3.78%), Baillie Gifford & Co. (3.62%), Jennison Associates LLC (2.97%), Spruce House Partnership LLC (2.30%) and BlackRock Inc. (2.27%). Company insiders that own Carvana stock include Benjamin E Huston, Daniel J Gill, Ernest C Garcia II, Ernest C Garcia II, Ira J Platt, Mark W Jenkins, Michael E Maroone, Paul W Breaux, Ryan S Keeton, Spruce House Partnership Llc and Thomas Taira.
View institutional ownership trends for Carvana.

CVNA stock was sold by a variety of institutional investors in the last quarter, including D1 Capital Partners L.P., Price T Rowe Associates Inc. MD, Duquesne Family Office LLC, Whale Rock Capital Management LLC, Morgan Stanley, Lord Abbett & CO. LLC, Clearbridge Investments LLC, and Nomura Holdings Inc.. 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 Thomas Taira.
View insider buying and selling activity for Carvana or view top insider-selling stocks.

CVNA stock was acquired by a variety of institutional investors in the last quarter, including Spruce House Partnership LLC, Jennison Associates LLC, BlackRock Inc., Baillie Gifford & Co., Third Point LLC, Sculptor Capital LP, Fred Alger Management LLC, and Winslow Capital Management 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.
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One share of CVNA stock can currently be purchased for approximately $291.16.

Carvana has a market capitalization of $50.19 billion and generates $5.59 billion in revenue each year. The company earns $-171,140,000.00 in net income (profit) each year or ($2.11) on an earnings per share basis.

Carvana employs 10,400 workers across the globe.

Carvana was founded in 2012.

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

Carvana is headquartered at 1930 WEST RIO SALADO PARKWAY, TEMPE AZ, 85281.

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]