Carvana (CVNA) Stock Price, News & Analysis

Company Overview

Carvana Co. is an online-only retailer of used vehicles that operates a consumer-facing e-commerce platform for buying and selling cars. The company markets and sells inspected, reconditioned pre-owned vehicles through its website, where shoppers can browse inventory, view detailed 360-degree photos and vehicle history reports, finance purchases, and arrange delivery or pickup. Carvana’s model is built around a digital end-to-end car buying experience that aims to simplify vehicle transactions compared with traditional dealerships.

Its products and services include direct retail sales of used cars, trade-in and purchase offers for consumer vehicles, vehicle financing and related protection products, and a seven-day return policy that allows customers to test a vehicle in everyday use. Carvana operates reconditioning centers, inspection facilities and a logistics network to manage vehicle preparation and delivery. In several markets the company also provides a distinctive “car vending machine” pickup experience in addition to home delivery and contact-free handovers.

Founded in 2012 and headquartered in Tempe, Arizona, Carvana grew rapidly by combining online retail technology with a vertically integrated supply chain for sourcing, refurbishing and distributing used vehicles. The company completed a public offering in 2017 and expanded its geographic footprint across numerous U.S. metropolitan areas through investments in reconditioning hubs, last-mile delivery capacity and digital marketing to reach online buyers nationwide.

Carvana positions itself as a technology-driven alternative to the traditional dealership model, emphasizing convenience, transparency and a highly digitized customer journey. Its business strategy centers on scaling inventory and logistics while refining pricing and reconditioning processes to improve margins and customer satisfaction. The company serves consumers across the United States and continues to adapt its operations and product offerings to changing market conditions and shopper preferences.

Key Stats

• Today's Range: $377.69 to $395.23
• 50-Day Range: $280.83 to $416.40
• 52-Week Range: $253.49 to $486.89
• Volume: 2.14 million shs
• Average Volume: 2.85 million shs
• Market Capitalization: $82.93 billion
• P/E Ratio: 46.10
• Dividend Yield: N/A
• Price Target: $466.13
• Consensus Rating: Moderate Buy

Carvana Stock Analysis - MarketRank™

Carvana scored higher than 84% of companies evaluated by MarketBeat, and ranked 63rd out of 195 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Carvana has received a consensus rating of Moderate Buy. The company's average rating score is 2.76, and is based on 1 strong buy rating, 17 buy ratings, 7 hold ratings, and no sell ratings.

Upside Potential

Carvana has a consensus price target of $466.13, representing about 23.0% upside from its current price of $378.93.

Amount of Analyst Coverage

Carvana has been the subject of 20 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 35.23%

Earnings Growth

Earnings for Carvana are expected to grow by 35.23% in the coming year, from $7.55 to $10.21 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Carvana is 46.10, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Carvana is 46.10, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 18.29.

Price to Earnings Growth Ratio

Carvana has a PEG Ratio of 27.69. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Carvana has a P/B Ratio of 19.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

7.71% of the float of Carvana has been sold short.

Short Interest Ratio / Days to Cover

Carvana has a short interest ratio ("days to cover") of 5.43.

Change versus previous month

Short interest in Carvana has recently decreased by 7.60%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Carvana does not currently pay a dividend.

Dividend Growth

Carvana does not have a long track record of dividend growth.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.69

News Sentiment

Carvana has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 71 news articles for Carvana this week, compared to 16 articles on an average week.

Search Interest

60 people have searched for CVNA on MarketBeat in the last 30 days. This is an increase of 76% compared to the previous 30 days.

MarketBeat Follows

Only 13 people have added Carvana to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

Company Ownership

• Score: 1.9 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Carvana insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $19,466,134.00 in company stock.

Percentage Held by Insiders

15.19% of the stock of Carvana is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

56.71% of the stock of Carvana is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CVNA Stock Analysis - Frequently Asked Questions

How have CVNA shares performed this year?

Carvana's stock was trading at $422.08 at the beginning of 2026. Since then, CVNA shares have decreased by 10.2% and is now trading at $378.9290.

How were Carvana's earnings last quarter?

Carvana Co. (NYSE:CVNA) posted its earnings results on Wednesday, April, 29th. The company reported $1.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.58 by $0.11. The company earned $6.43 billion during the quarter, compared to the consensus estimate of $6.12 billion. Carvana had a net margin of 6.40% and a trailing twelve-month return on equity of 41.46%.
Read the conference call transcript.

When did Carvana's stock split?

Shares of Carvana split before market open on Thursday, May 7th 2026.The 5-1 split was announced on Friday, March 13th 2026. The newly minted shares will be payable to shareholders after the market closes on Wednesday, May 6th 2026. An investor that had 100 shares of stock prior to the split would have 500 shares after the split.

When did Carvana IPO?

Carvana (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 served as the underwriters for the IPO and Baird, William Blair, BMO Capital Markets and JMP Securities were co-managers.

Who are Carvana's major shareholders?

Carvana's top institutional shareholders include Bank of New York Mellon Corp (0.32%), Sumitomo Mitsui Trust Group Inc. (0.13%), Hsbc Holdings PLC (0.11%) and Principal Financial Group Inc. (0.07%). Insiders that own company stock include Ernest C Garcia II, Ernest C Garcia III, Mark W Jenkins, Daniel J Gill, Michael E Maroone, Benjamin E Huston, Ryan S Keeton, Paul W Breaux, Neha Parikh, Thomas Taira, J Danforth Quayle, Gregory B Sullivan, Stephen R Palmer and Ira J Platt.
View institutional ownership trends.

How do I buy shares of Carvana?

Shares of CVNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Carvana own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Carvana investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), CrowdStrike (CRWD) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 4/29/2026
• Today: 5/05/2026
• AGM 2026: 5/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: INTERNET COMMERCE
• Sub-Industry: Retail
• Current Symbol: NYSE:CVNA
• Previous Symbol: NASDAQ:CVNA
• CIK: 1690820
• Web: www.carvana.com
• Phone: (602) 852-6604
• Fax: N/A
• Employees: 23,100
• Year Founded: 2012

Price Target and Rating

• Average Price Target for Carvana: $466.13
• High Price Target: $600.00
• Low Price Target: $335.00
• Potential Upside/Downside: +23.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.76
• Research Coverage: 25 Analysts

Profitability

• EPS (Trailing Twelve Months): $8.22
• Trailing P/E Ratio: 45.81
• Forward P/E Ratio: 50.26
• P/E Growth: 27.27
• Net Income: $1.41 billion
• Net Margins: 6.40%
• Pretax Margin: -3.66%
• Return on Equity: 41.46%
• Return on Assets: 12.48%

Debt

• Debt-to-Equity Ratio: 1.05
• Current Ratio: 4.09
• Quick Ratio: 2.57

Sales & Book Value

• Annual Sales: $20.32 billion
• Price / Sales: 4.08
• Cash Flow: $7.80 per share
• Price / Cash Flow: 48.59
• Book Value: $21.17 per share
• Price / Book: 17.90

Miscellaneous

• Outstanding Shares: 218,850,000
• Free Float: 185,603,000
• Market Cap: $82.93 billion
• Optionable: Optionable
• Beta: 3.55