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 173.8% and is now trading at $154.95.
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24 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 11 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 earnings results on Wednesday, May, 6th. The company reported ($1.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.63) by $0.55. The business earned $1.10 billion during 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 company's quarterly revenue was up 45.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.53) earnings per share.
View Carvana's earnings history.

24 equities research analysts have issued 1 year price objectives for Carvana's stock. Their forecasts range from $24.00 to $211.00. On average, they expect Carvana's stock price to reach $111.48 in the next year. This suggests that the stock has a possible downside of 28.1%.
View analysts' price targets for Carvana.

News headlines about CVNA stock have trended negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Carvana earned a daily sentiment score of -2.9 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock'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), KAR Auction Services (KAR), Asbury Automotive Group (ABG), Rush Enterprises (RUSHA), Sonic Automotive (SAH), Group 1 Automotive (GPI) and Rush Enterprises (RUSHB).
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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 initial public offering (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 number of institutional and retail investors. Top institutional investors include First Trust Advisors LP (0.16%), Chicago Capital LLC (0.14%), Frontier Capital Management Co. LLC (0.14%), Envestnet Asset Management Inc. (0.04%), Carnegie Capital Asset Management LLC (0.04%) and Raymond James & Associates (0.03%). 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 Cambridge Investment Research Advisors Inc., Envestnet Asset Management Inc., Carnegie Capital Asset Management LLC, EFG Asset Management Americas Corp., Chicago Capital LLC, Raymond James Financial Services Advisors Inc., Hennessy Advisors Inc., and Exchange Traded Concepts 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.

CVNA stock was purchased by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, First Trust Advisors LP, Raymond James & Associates, Chartwell Investment Partners LLC, Cardan Capital Partners LLC, AdvisorShares Investments LLC, Dorsey Wright & Associates, and Strs Ohio. 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.

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 $154.95.

Carvana has a market capitalization of $26.40 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]