Carvana Co. (CVNA)
| Market Cap | 10.56B |
| Revenue (ttm) | 11.18B |
| Net Income (ttm) | -242.00M |
| Shares Out | 199.54M |
| EPS (ttm) | -6.32 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,923,121 |
| Open | 54.66 |
| Previous Close | 54.91 |
| Day's Range | 52.44 - 55.46 |
| 52-Week Range | 4.23 - 62.59 |
| Beta | 3.03 |
| Analysts | Hold |
| Price Target | 35.87 (-32.24%) |
| Earnings Date | Feb 22, 2024 |
About CVNA
Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices. The company was founded in 2012 and is based in Tempe, Arizona. [Read more]
Financial Performance
In 2022, Carvana Co.'s revenue was $13.60 billion, an increase of 6.17% compared to the previous year's $12.81 billion. Losses were -$1.59 billion, 1075.6% more than in 2021.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for CVNA stock is "Hold." The 12-month stock price forecast is $35.87, which is a decrease of -32.24% from the latest price.
News
The best-performing stock of the year rose nearly 10-fold, while the second-best averted disaster to surge 1,000% in a wild 2023
No, it isn't related to artificial intelligence — although shares of AI-linked chip maker Nvidia Corp. NVDA, +0.16% have surged more than 200% thus far on the year.
The Best Performing U.S. Stock Of 2023 Was Left For Dead After The Pandemic
This year's top-performing stock was not one of the big technology firms driving much of the discussion about 2023's stock market recovery, but instead was Carvana, a used car hawker which flirted wit...
Carvana (CVNA) stock price forecast 2024: buy, sell, hold?
Carvana (NYSE: CVNA) stock price has retreated in the past few days as investors start to take profits after a remarkable year. The shares dropped to a low of $54.10 on Tuesday, a few points below the...
Will these 3 heavily shorted stocks keep squeezing?
As the overall market edges closer to its all-time high, with the SPDR S&P 500 ETF Trust NYSE: SPY trading at its 52-week high, highly shorted, previously beaten-down stocks have been a significant th...
Last chance to prepare your portfolio for tax season
Have you noticed how most businesses, namely retail and car dealerships, like Ralph Lauren NYSE: RL and Carvana NYSE: CVNA, have been upping their email marketing campaigns to include company-wide dis...
Three-Stock Lunch: DocuSign, Snap & Carvana
Ryan Belanger, founder and managing principal of Claro Advisors, joins 'Power Lunch' to discuss three stocks: DocuSign, Snap, and Carvana.
Chicago Fire FC Kicks Off Multi-Year Partnership with Carvana as Official Online Auto Retailer and Front of Kit Sponsor
CHICAGO--(BUSINESS WIRE)--Chicago Fire FC and Carvana, an industry pioneer for buying and selling used vehicles online, today announced a multi-year agreement exclusively naming Carvana the Official O...
Carvana Launches Same Day Vehicle Delivery Offering to Columbus and Cincinnati Area Residents
COLUMBUS, Ohio--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to Columbus and Cincinnat...
KBRA Assigns Preliminary Ratings to Carvana Auto Receivables Trust 2023-P5
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to five classes of notes (eight tranches) issued by Carvana Auto Receivables Trust 2023-P5 (“CRVNA 2023-P5”), a prime auto loan ABS ...
Carvana and Phoenix Rising FC Ink Multi-Year Commitment, Extending Their Winning Streak for a Seventh Season and Beyond
PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars, announces the multi-year extension of its partnership with Phoenix Rising FC. The renewal marks another chapter...
Carvana just had a bear call removed - is this buy time?
If there's one stock that's kept investors on their toes in recent years, it's Carvana Co NYSE: CVNA. A 1,500% rally through August 2021 quickly turned into a 98% drop by the start of this year.
Carvana Demonstrates Operational Efficiency, Process Scalability, and Capacity for Growth During Investor Tour
PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, hosted institutional investors and analysts for a tour of its Haines City, Florida I...
Carvana Shares Soar After Positive Comments From J.P. Morgan
Shares of Carvana (CVNA) soared after positive comments about the online used car retailer from analysts at J.P. Morgan.
Carvana Stock Jumps on an Upgrade From Sell. Wall Street Isn't So Sure About Its Rally.
J.P. Morgan analysts lifted their rating on the used-car retailer to Neutral from Underweight.
Carvana Crowns 2023 PPA Tour Point Winners Ben Johns and Anna Leigh Waters
PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, has proudly announced that Ben Johns and Anna Leigh Waters are the respective points winners in the Men'...
Retail sector resurgence: optimism grows for holiday momentum
The retail sector experienced a robust start to the holiday shopping season as U.S. shoppers were enticed by substantial discounts across various categories, resulting in $38 billion in online spendin...
Carvana Expands Same Day Delivery Offering to Central Florida Residents
TAMPA, Fla.--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day delivery to Central Florida Customers. Now Ce...
CarMax, Carvana Shares Tumble After Amazon Says It Will Sell Cars
Shares of online car sellers tumbled on Thursday after Amazon (AMZN) announced it will begin selling vehicles to U.S. customers starting in 2024.
Amazon to launch online vehicle sales in 2024, and CarMax, Carvana stocks dive
Amazon.com Inc. AMZN, -0.27% announced Thursday that it will launch online vehicles sales in the U.S., starting in 2024 with sales of Hyundai Motor Co. 005380, +1.26% vehicles. That sent shares of aut...
Carvana Expands Same Day Delivery Offering to Dallas-Fort Worth Area Customers
DALLAS--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, is the first used auto retailer to provide customers in the Dallas-Fort Worth area with the ...
Glancy Prongay & Murray LLP Announces Investigation of Carvana Co. (CVNA)
NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Carvana Co. (NYSE: CVNA) concerning the Company and its directors' and officers' possible violations of st...
Carvana Debuts Same Day Vehicle Delivery In Greater Atlanta Area
ATLANTA--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, is the first used auto dealer to provide select customers in Georgia with the speedy and co...
Carvana: shifting gears toward a potential breakout
As the market trends higher, with the SPDR S&P 500 ETF Trust NYSE: SPY up over 6% over the previous two weeks and many blue chip stocks soaring higher and even closing in on new highs, such as Microso...
Carvana and NRG Debut Customized Mobile Content Studio Ahead of Inaugural Rocket League Combine on November 11-12
PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, and esports authority NRG have announced the inaugural Carvana | NRG Combine event in search of the worl...