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S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10

Carvana (CVNA) Stock Forecast, Price & News

$33.85
+2.76 (+8.88%)
(As of 05/27/2022 12:00 AM ET)
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Today's Range
$31.70
$34.40
50-Day Range
$26.65
$148.65
52-Week Range
$25.69
$376.83
Volume
8.69 million shs
Average Volume
7.14 million shs
Market Capitalization
$5.86 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
2.56
30 days | 90 days | 365 days | Advanced Chart
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Carvana logo

About Carvana

Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. The company's platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices. Carvana Co. was founded in 2012 and is headquartered in Tempe, Arizona.

Headlines

Carvana (NYSE:CVNA) Sets New 1-Year Low at $26.53
See More Headlines

Industry, Sector and Symbol

Industry
Automotive dealers & gasoline service stations
Sub-Industry
N/A
Previous Symbol
NASDAQ:CVNA
Fax
N/A
Employees
21,000
Year Founded
2012

Sales & Book Value

Annual Sales
$12.81 billion
Book Value
$0.30 per share

Profitability

Net Income
$-135 million
Pretax Margin
-5.05%

Debt

Price-To-Earnings

Miscellaneous

Free Float
154,490,000
Market Cap
$5.86 billion
Optionable
Optionable

Company Calendar

Last Earnings
4/20/2022
Today
5/27/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.34 out of 5 stars

Retail/Wholesale Sector

119th out of 284 stocks

Automotive Dealers & Gasoline Service Stations Industry

11th out of 28 stocks

Analyst Opinion: 4.2Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -













Carvana (NYSE:CVNA) Frequently Asked Questions

Is Carvana a buy right now?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last twelve months. There are currently 1 sell rating, 10 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Carvana stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CVNA, but not buy additional shares or sell existing shares.
View analyst ratings for Carvana
or view top-rated stocks.

Are investors shorting Carvana?

Carvana saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 28,950,000 shares, an increase of 61.5% from the April 15th total of 17,930,000 shares. Based on an average daily trading volume, of 6,080,000 shares, the days-to-cover ratio is currently 4.8 days.
View Carvana's Short Interest
.

When is Carvana's next earnings date?

Carvana is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Carvana
.

How were Carvana's earnings last quarter?

Carvana Co. (NYSE:CVNA) issued its quarterly earnings data on Wednesday, April, 20th. The company reported ($2.89) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.72) by $1.17. The firm earned $3.50 billion during the quarter, compared to the consensus estimate of $3.37 billion. Carvana had a negative net margin of 2.55% and a negative trailing twelve-month return on equity of 69.88%. The company's revenue for the quarter was up 55.8% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.46) EPS.
View Carvana's earnings history
.

What price target have analysts set for CVNA?

20 equities research analysts have issued twelve-month price targets for Carvana's shares. Their forecasts range from $40.00 to $470.00. On average, they expect Carvana's share price to reach $148.64 in the next twelve months. This suggests a possible upside of 339.1% 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 (CRM), Square (SQ) and Walt Disney (DIS).

When did Carvana IPO?

(CVNA) raised $225 million in an 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 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 investors include Baillie Gifford & Co. (5.48%), Tiger Global Management LLC (4.93%), Vanguard Group Inc. (4.22%), Spruce House Investment Management LLC (2.89%), BlackRock Inc. (2.25%) and State Street Corp (0.94%). Company insiders that own Carvana stock include Alan J Stock, Benjamin E Huston, Benjamin E Huston, Daniel J Gill, Ernest C Garcia II, Ernest C Garcia II, Ernest C Garcia III, Gregory B Sullivan, Ira J Platt, J Danforth Quayle, 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, Stephen R Palmer, Thomas Taira and Timothy H Young.
View institutional ownership trends for Carvana
.

Which institutional investors are selling Carvana stock?

CVNA stock was sold by a variety of institutional investors in the last quarter, including Luxor Capital Group LP, Citigroup Inc., BlackRock Inc., IMC Chicago LLC, Jennison Associates LLC, Hsbc Holdings PLC, Baillie Gifford & Co., and Clearbridge Investments LLC. Company insiders that have sold Carvana company stock in the last year include Benjamin E Huston, Daniel J Gill, Ernest C Garcia II, Gregory B Sullivan, Jeffrey Zwelling, Mark W Jenkins, Neha Parikh, Paul Beldin, Paul W Breaux, Robert J Traube, Ryan S Keeton, Stephen R Palmer, Thomas Taira, and Timothy H Young.
View insider buying and selling activity for Carvana
or view top insider-selling stocks.

Which institutional investors are buying Carvana stock?

CVNA stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Tiger Global Management LLC, Spruce House Investment Management LLC, Thrive Capital Management LLC, Greenoaks Capital Partners LLC, Schf GPE LLC, Assenagon Asset Management S.A., and RV Capital GmbH. Company insiders that have bought Carvana stock in the last two years include Alan J Stock, Ernest C Garcia II, Ernest C Garcia III, J Danforth Quayle, Michael E Maroone, and Paul W Breaux.
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 $33.85.

How much money does Carvana make?

Carvana has a market capitalization of $5.86 billion and generates $12.81 billion in revenue each year. The company earns $-135 million in net income (profit) each year or ($4.03) on an earnings per share basis.

How many employees does Carvana have?

Carvana employs 21,000 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.

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 5/28/2022 by MarketBeat.com Staff

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