NYSE:CVNA - Carvana Stock Price, Forecast & News

Carvana trades on the New York Stock Exchange (NYSE) under the ticker symbol "CVNA."

Carvana Co (NYSE:CVNA) posted its quarterly earnings results on Wednesday, November, 6th. The company reported ($0.56) EPS for the quarter, missing the consensus estimate of ($0.39) by $0.17. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $997.46 million. The firm's quarterly revenue was up 104.7% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.40) EPS. View Carvana's Earnings History.

Carvana is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Carvana.

Carvana will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

17 brokers have issued twelve-month target prices for Carvana's stock. Their forecasts range from $30.00 to $120.00. On average, they anticipate Carvana's share price to reach $84.77 in the next twelve months. This suggests that the stock has a possible downside of 4.3%. View Analyst Price Targets for Carvana.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 1 sell rating, 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Carvana.

News coverage about CVNA stock has trended somewhat positive on Sunday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Carvana earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Carvana.

Carvana saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 18,330,000 shares, an increase of 5.8% from the January 15th total of 17,330,000 shares. Based on an average daily volume of 1,460,000 shares, the short-interest ratio is presently 12.6 days. Currently, 37.4% of the company's stock are sold short. View Carvana's Current Options Chain.

Based on aggregate information from My MarketBeat watchlists, some companies that other Carvana investors own include NVIDIA (NVDA), Bank of America (BAC), Alibaba Group (BABA), Micron Technology (MU), salesforce.com (CRM), Paypal (PYPL), Netflix (NFLX), Twilio (TWLO), Advanced Micro Devices (AMD) and Starbucks (SBUX).

(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's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (3.97%), CAS Investment Partners LLC (1.83%), Credit Suisse AG (0.60%), Bank of New York Mellon Corp (0.50%), ShawSpring Partners LLC (0.42%) and State Street Corp (0.41%). Company insiders that own Carvana stock include Benjamin E Huston, Cvan Holdings Llc, Daniel J Gill, Ddfs Partnership Lp, Ernest C Garcia II, Goodnow Investment Group, Llc, Ira J Platt, Mark W Jenkins, Michael E Maroone, Paul W Breaux, Ryan S Keeton 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 Phoenician Capital LLC, UBS Asset Management Americas Inc., Principal Financial Group Inc., Bank of New York Mellon Corp, Landscape Capital Management L.L.C., FMR LLC, Bank of America Corp DE and Banbury Partners LLC. 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, Paul W Breaux and Ryan S Keeton. View Insider Buying and Selling for Carvana.

CVNA stock was purchased by a variety of institutional investors in the last quarter, including CAS Investment Partners LLC, MUFG Securities EMEA plc, Fred Alger Management LLC, First Trust Advisors LP, TD Asset Management Inc., ShawSpring Partners LLC, Quantbot Technologies LP and Renaissance Technologies LLC. Company insiders that have bought Carvana stock in the last two years include Goodnow Investment Group, Llc, Michael E Maroone and Spruce House Partnership Lp. View Insider Buying and Selling 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 $88.62.