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NYSE:CVNA

Carvana Stock Forecast, Price & News

$192.23
-7.75 (-3.88 %)
(As of 10/21/2020 12:00 AM ET)
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Today's Range
$191.02
Now: $192.23
$204.50
50-Day Range
$164.78
MA: $202.05
$238.10
52-Week Range
$22.16
Now: $192.23
$242.15
Volume1.30 million shs
Average Volume2.50 million shs
Market Capitalization$32.80 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.5
Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its 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. The company was founded in 2012 and is headquartered in Tempe, Arizona.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.29 out of 5 stars

Industry, Sector and Symbol

Industry Automotive dealers & gasoline service stations
Sub-IndustryN/A
Previous SymbolNASDAQ:CVNA
CUSIPN/A
Phone480-719-8809
Employees7,324

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.94 billion
Book Value$1.26 per share

Profitability

Net Income$-114,660,000.00

Miscellaneous

Market Cap$32.80 billion
Next Earnings Date10/29/2020 (Confirmed)
OptionableOptionable
$192.23
-7.75 (-3.88 %)
(As of 10/21/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Carvana (NYSE:CVNA) Frequently Asked Questions

How has Carvana's stock price been impacted by COVID-19?

Carvana's stock was trading at $56.59 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CVNA stock has increased by 239.7% and is now trading at $192.23.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Carvana?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 1 sell rating, 13 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Carvana
.

When is Carvana's next earnings date?

Carvana is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Carvana
.

How can I listen to Carvana's earnings call?

Carvana will be holding an earnings conference call on Thursday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Carvana's earnings last quarter?

Carvana Co. (NYSE:CVNA) posted its quarterly earnings results on Wednesday, August, 5th. The company reported ($0.62) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.86) by $0.24. The firm earned $1.12 billion during the quarter, compared to analyst estimates of $1.13 billion. Carvana had a negative net margin of 4.10% and a negative return on equity of 83.73%.
View Carvana's earnings history
.

What price target have analysts set for CVNA?

26 brokers have issued 12-month target prices for Carvana's shares. Their forecasts range from $40.00 to $272.00. On average, they expect Carvana's share price to reach $200.41 in the next twelve months. This suggests a possible upside of 4.3% from the stock's current price.
View analysts' price targets for Carvana
.

Who are some of Carvana's key competitors?

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.com (CRM), Square (SQ) and The Walt Disney (DIS).

Who are Carvana's key executives?

Carvana's management team includes the following people:
  • Mr. Ernest C. Garcia III, Founder, Pres, CEO & Chairman (Age 37)
  • Mr. Mark Jenkins, Chief Financial Officer (Age 41, Pay $758.66k)
  • Mr. Benjamin Huston, Chief Operating Officer (Age 37, Pay $757.92k)
  • Mr. Paul Breaux, VP, Gen. Counsel & Sec. (Age 36, Pay $606.44k)
  • Mr. Daniel Gill, Chief Product Officer (Age 37, Pay $658.82k)

When did Carvana IPO?

(CVNA) raised $225 million in an initial public offering 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.

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 number of retail and institutional investors. Top institutional investors include Chicago Capital LLC (0.11%), Carnegie Capital Asset Management LLC (0.03%), Hennessy Advisors Inc. (0.02%), Taylor Frigon Capital Management LLC (0.02%), Darwin Advisors LLC (0.01%) and Envestnet Asset Management Inc. (0.01%). 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, Spruce House Partnership Llc and Spruce House Partnership Lp.
View institutional ownership trends for Carvana
.

Which major investors are selling Carvana stock?

CVNA stock was sold by a variety of institutional investors in the last quarter, including Chicago Capital LLC, Envestnet Asset Management Inc., First Midwest Bank Trust Division, Taylor Frigon Capital Management LLC, Hennessy Advisors Inc., Carnegie Capital Asset Management LLC, and Avitas Wealth Management LLC. Company insiders that have sold Carvana company stock in the last year include Benjamin E Huston, Daniel J Gill, 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
.

Which major investors are buying Carvana stock?

CVNA stock was bought by a variety of institutional investors in the last quarter, including Darwin Advisors LLC, Fulcrum Asset Management LLP, IBM Retirement Fund, Nisa Investment Advisors LLC, and Ingalls & Snyder LLC. Company insiders that have bought Carvana stock in the last two years include Ernest C Garcia II, Michael E Maroone, and Spruce House Partnership Lp.
View insider buying and selling activity for Carvana
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Carvana's stock price today?

One share of CVNA stock can currently be purchased for approximately $192.23.

How big of a company is Carvana?

Carvana has a market capitalization of $32.80 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.

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 10/22/2020 by MarketBeat.com Staff

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