Carvana (CVNA) Stock Forecast, Price & News

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:

• Mr. Ernest C. Garcia III, Co-Founder, Pres, CEO & Chairman (Age 39)
• Mr. Benjamin Huston, Co-Founder & COO (Age 39, Pay $761.39k) (LinkedIn Profile)
• Mr. Mark Jenkins, Chief Financial Officer (Age 43, Pay $764.97k) (LinkedIn Profile)
• Mr. Daniel Gill, Chief Product Officer (Age 39, Pay $686.37k)
• Mr. Thomas Taira, Pres of Special Projects (Age 51, Pay $923.38k) (LinkedIn Profile)
• Mr. Ryan S. Keeton, Co-Founder & Chief Brand Officer (Age 44) (LinkedIn Profile)
• Mr. Stephen R. Palmer, VP of Accounting & Fin. (Age 44)
• Mr. Michael Louis Levin C.F.A., VP of Investor Relations
• Mr. Paul Breaux, VP, Gen. Counsel & Sec. (Age 38) (LinkedIn Profile)
• Mr. John Mckeon, VP of Financial Planning & Analysis

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.

Who are some of Carvana's key competitors?

Some companies that are related to Carvana include CarMax (KMX), Lithia Motors (LAD), Penske Automotive Group (PAG), Casey's General Stores (CASY), AutoNation (AN), Murphy USA (MUSA), IAA (IAA), Asbury Automotive Group (ABG), Group 1 Automotive (GPI), Rush Enterprises (RUSHA), Camping World (CWH), KAR Auction Services (KAR), Sonic Automotive (SAH), America's Car-Mart (CRMT) and Renren (RENN).
View all of CVNA's 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 (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.
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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].