NYSE:CVNACarvana Stock Price, Forecast & News

Carvana's stock was trading at $56.59 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CVNA stock has increased by 127.1% and is now trading at $128.53. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 2 sell ratings, 10 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 Co (NYSE:CVNA) issued its quarterly earnings data on Wednesday, May, 6th. The company reported ($1.18) 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 analyst estimates of $1.10 billion. Carvana had a negative return on equity of 127.13% and a negative net margin of 3.89%. Carvana's revenue was up 45.4% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.53) EPS. View Carvana's earnings history.

22 brokers have issued 12 month target prices for Carvana's shares. Their forecasts range from $24.00 to $135.00. On average, they anticipate Carvana's stock price to reach $94.68 in the next year. This suggests that the stock has a possible downside of 26.3%. View analysts' price targets for Carvana.

Media stories about CVNA stock have been trending negative recently, InfoTrie reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Carvana earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave news stories about the company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the company's share price in the immediate future. 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), Murphy USA (MUSA), AutoNation (AN), Penske Automotive Group (PAG), Camping World (CWH), KAR Auction Services (KAR), Rush Enterprises (RUSHA), Asbury Automotive Group (ABG), Sonic Automotive (SAH), 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 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 served 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."

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 $128.53.

Carvana has a market capitalization of $21.90 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]na.com.