NYSE:CVNACarvana Stock Price, Forecast & News

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 shares have increased by 142.9% and is now trading at $137.46. View which stocks have been most impacted by Coronavirus.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 2 sell ratings, 11 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 will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Carvana Co (NYSE:CVNA) posted its quarterly earnings data on Wednesday, May, 6th. The company reported ($1.18) earnings per share (EPS) for the quarter, missing the consensus estimate 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%. The business's revenue for the quarter was up 45.4% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.53) EPS. View Carvana's earnings history.

23 brokerages have issued twelve-month target prices for Carvana's shares. Their forecasts range from $24.00 to $155.00. On average, they expect Carvana's share price to reach $103.25 in the next year. This suggests that the stock has a possible downside of 24.9%. View analysts' price targets for Carvana.

News headlines about CVNA stock have trended very negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Carvana earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several 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), Asbury Automotive Group (ABG), KAR Auction Services (KAR), Sonic Automotive (SAH), Rush Enterprises (RUSHA), 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 IPO 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 retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.04%) and Carnegie Capital Asset Management LLC (0.04%). Company insiders that own Carvana stock include Benjamin E Huston, Daniel J Gill, Ddfs Partnership Lp, 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.

CVNA stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Carnegie Capital Asset Management LLC. Company insiders that have sold Carvana company stock in the last year include Benjamin E Huston, 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.

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 $137.46.

Carvana has a market capitalization of $23.42 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]