Carvana Stock Forecast, Price & News

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carvana in the last year. There are currently 7 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Carvana stock.
View analyst ratings for Carvana or view top-rated stocks.

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, August 5th 2021.
View our earnings forecast for Carvana.

Carvana will be holding an earnings conference call on Thursday, August 5th at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "10158395".

Carvana Co. (NYSE:CVNA) issued its quarterly earnings results on Thursday, May, 6th. The company reported ($0.46) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.70) by $0.24. The business had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $1.89 billion. Carvana had a negative trailing twelve-month return on equity of 13.10% and a negative net margin of 2.19%. Carvana's revenue was up 104.5% compared to the same quarter last year. During the same period in the prior year, the firm posted ($1.18) EPS.
View Carvana's earnings history.

Carvana's stock was trading at $56.59 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CVNA shares have increased by 499.4% and is now trading at $339.19.
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25 brokerages have issued 12 month target prices for Carvana's stock. Their forecasts range from $170.00 to $420.00. On average, they expect Carvana's share price to reach $301.71 in the next twelve months. This suggests that the stock has a possible downside of 11.1%.
View analysts' price targets for Carvana or view top-rated stocks among Wall Street analysts.

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), IAA (IAA), Casey's General Stores (CASY), Penske Automotive Group (PAG), Vroom (VRM), Murphy USA (MUSA), Asbury Automotive Group (ABG), Camping World (CWH), Group 1 Automotive (GPI), Rush Enterprises (RUSHA), Rush Enterprises (RUSHB) and Sonic Automotive (SAH).
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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 (IPO) on Friday, April 28th 2017. The company issued 15,000,000 shares at a price of $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 Taylor Frigon Capital Management LLC (0.01%), Oregon Public Employees Retirement Fund (0.01%), EFG Asset Management Americas Corp. (0.01%), IFM Investors Pty Ltd (0.01%), Raymond James Trust N.A. (0.00%) and Harel Insurance Investments & Financial Services Ltd. (0.00%). Company insiders that own Carvana stock include Alan J Stock, Benjamin E Huston, Daniel J Gill, Ernest C Garcia II, Ernest C Garcia II, Ira J Platt, Jeffrey Zwelling, Jonathan F Foster, Mark W Jenkins, Mark W Jenkins, Michael E Maroone, Paul Beldin, 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 Taylor Frigon Capital Management LLC, Oregon Public Employees Retirement Fund, Harel Insurance Investments & Financial Services Ltd., EFG Asset Management Americas Corp., and Raymond James Trust N.A.. 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, Jeffrey Zwelling, Jonathan F Foster, Mark W Jenkins, Michael E Maroone, 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 IFM Investors Pty 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 $339.19.

Carvana has a market capitalization of $58.47 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]