Carvana Stock Forecast, Price & News

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last twelve months. There are currently 7 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Carvana stock.
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Wall Street analysts have given Carvana a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Carvana wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Carvana is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Carvana.

Carvana Co. (NYSE:CVNA) announced its earnings results on Thursday, August, 5th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.37) by $0.63. The business earned $3.34 billion during the quarter, compared to analyst estimates of $2.49 billion. Carvana had a negative trailing twelve-month return on equity of 6.20% and a negative net margin of 0.94%.
View Carvana's earnings history.

Carvana's stock was trading at $56.59 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CVNA shares have increased by 464.0% and is now trading at $319.14.
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26 analysts have issued 1-year price objectives for Carvana's shares. Their forecasts range from $220.00 to $470.00. On average, they expect Carvana's share price to reach $340.35 in the next year. This suggests a possible upside of 6.6% from the stock's current price.
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318 employees have rated Carvana CEO Ernie Garcia on Glassdoor.com. Ernie Garcia has an approval rating of 78% among Carvana's employees.

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

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).

(CVNA) raised $225 million in an initial public offering 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 many different institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (4.53%), Price T Rowe Associates Inc. MD (4.42%), FMR LLC (3.93%), Morgan Stanley (3.81%), Vanguard Group Inc. (2.62%) and BlackRock Inc. (2.45%). Company insiders that own Carvana stock include Alan J Stock, Benjamin E Huston, Daniel J Gill, Ernest C Garcia II, Ernest C Garcia II, Gregory B Sullivan, Ira J Platt, 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, Spruce House Partnership Llc, Thomas Taira and Timothy H Young.
View institutional ownership trends for Carvana.

CVNA stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Vanguard Group Inc., Lone Pine Capital LLC, Wells Fargo & Company MN, Wolverine Trading LLC, IMC Chicago LLC, Clearbridge Investments LLC, and Susquehanna International Group LLP. Company insiders that have sold Carvana company stock in the last year include Benjamin E Huston, Ernest C Garcia II, Gregory B Sullivan, Jeffrey Zwelling, Jonathan F Foster, Mark W Jenkins, Michael E Maroone, Neha Parikh, Paul Beldin, Paul W Breaux, Robert J Traube, Ryan S Keeton, Thomas Taira, and Timothy H Young.
View insider buying and selling activity for Carvana or view top insider-selling stocks.

CVNA stock was purchased by a variety of institutional investors in the last quarter, including Citigroup Inc., Baillie Gifford & Co., HAP Trading LLC, FMR LLC, State Street Corp, Price T Rowe Associates Inc. MD, BlackRock Inc., and Maverick Capital Ltd.. Company insiders that have bought Carvana stock in the last two years include Alan J Stock, and Ernest C Garcia II.
View insider buying and selling activity for Carvana or or view top insider-buying stocks.

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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One share of CVNA stock can currently be purchased for approximately $319.14.

Carvana has a market capitalization of $55.08 billion and generates $5.59 billion in revenue each year. The company earns $-171,140,000.00 in net income (profit) each year or ($2.11) on an earnings per share basis.

Carvana employs 10,400 workers across the globe.

Carvana was founded in 2012.

The official website for Carvana is www.carvana.com.

Carvana is headquartered at 1930 WEST RIO SALADO PARKWAY, TEMPE AZ, 85281.

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].