Carvana
CVNA
Market cap $31B

241.00 USD

+0.56

0.23%

At close Nov 15, 4:00 PM EST

After hours

241.00

+0.00

0.00%

1 day

0.23%

5 days

-2.82%

1 month

25.51%

3 months

59.01%

6 months

99.06%

Year to date

393.15%

1 year

605.50%

5 years

195.45%

10 years

2,071.17%

About: Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.

Employees: 13,700

Consumer Discretionary Auto Dealers & Gasoline Stations

0

Funds holding %

of 6,704 funds

0

Analysts bullish %

of 19 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

151% more first-time investments, than exits

New positions opened: 113 | Existing positions closed: 45

31% more capital invested

Capital invested by funds: $15.7B [Q2] → $20.6B (+$4.89B) [Q3]

17% more funds holding

Funds holding: 404 [Q2] → 472 (+68) [Q3]

14% more repeat investments, than reductions

Existing positions increased: 168 | Existing positions reduced: 148

8.88% less ownership

Funds ownership: 104.35% [Q2] → 95.47% (-8.88%) [Q3]

9% less funds holding in top 10

Funds holding in top 10: 33 [Q2] → 30 (-3) [Q3]

30% less call options, than puts

Call options by funds: $2.28B | Put options by funds: $3.28B

See Fund Rankings

Research analyst outlook

19 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$157

35%

downside

Avg. target

$220

9%

downside

High target

$320

33%

upside

19 analyst ratings

9 positive

47%

10 neutral

53%

0 negative

0%

Morgan Stanley Adam Jonas 59% 1-year accuracy 35 / 59 met price target	8%upside $260	Equal-Weight Upgraded	5 Nov 2024
JMP Securities Nicholas Jones 79% 1-year accuracy 59 / 75 met price target	33%upside $320	Market Outperform Maintained	31 Oct 2024
Piper Sandler Alexander Potter 68% 1-year accuracy 15 / 22 met price target	7%downside $225	Neutral Maintained	31 Oct 2024
JP Morgan Rajat Gupta 85% 1-year accuracy 23 / 27 met price target	24%upside $300	Overweight Maintained	31 Oct 2024
Needham Chris Pierce 47% 1-year accuracy 28 / 59 met price target	24%upside $300	Buy Maintained	31 Oct 2024

See Analyst Rankings

Financial journalist opinion

Based on 48 articles about CVNA published over the past 30 days

Zacks Investment Research

Carvana's Turnaround Tale: Is This High-Flying Stock Still a Buy?

As Carvana continues optimizing operations and scaling its platform, its growth story remains compelling, making it a prudent investment choice.

Carvana's Turnaround Tale: Is This High-Flying Stock Still a Buy?

Jim Cramer reviews ten stocks that are up more than 200% so far this year

CNBC's Jim Cramer on Wednesday reviewed ten stocks worth more than $1 billion that have run up big this year and suggested they were smart investments — although most were also very speculative. "Let's remember this list of frothy stocks and think of them the next time you're about to ignore a stock for being too speculative," he said.

Jim Cramer reviews ten stocks that are up more than 200% so far this year

Carvana: Turnaround Is Complete, 2025 Looks Exciting

Carvana Co. shares have surged ~85% since September, driven by a strong earnings report and a successful turnaround from 2021 lows, making shares a strong buy. CVNA Q3 earnings exceeded expectations with an EPS of $1.14 and $3.66 billion in revenue, showcasing Carvana's rapid and impressive turnaround. Carvana's innovative digital platform and customer-centric features are key to its market share growth in the $1 trillion used car industry.

Carvana: Turnaround Is Complete, 2025 Looks Exciting

Carvana Expands Same Day Delivery to Las Vegas

LAS VEGAS--(BUSINESS WIRE)--Carvana (NYSE:CVNA), an industry pioneer for buying and selling used cars online, today announced the expansion of its same day vehicle delivery offering to the greater Las Vegas, Nevada area. Select Las Vegas area residents can now take delivery of a vehicle purchase as soon as the same day they place an order on Carvana.com. “I live 30 minutes from my parents, so trying to schedule time to visit multiple dealerships with them just wasn't working out—especially sinc.

Carvana Expands Same Day Delivery to Las Vegas

SHOP, CVNA, HIMS Highlight Strength & Diversity in Consumer Discretionary

Shopify's (SHOP) massive pop after earnings is just the latest flex of Consumer Discretionary's strength, according to Roxanna Islam. The sector has grown 20% year-to-date compared to Consumer Staples.

SHOP, CVNA, HIMS Highlight Strength & Diversity in Consumer Discretionary

Carvana to Present at Upcoming RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced that Mark Jenkins, Carvana's Chief Financial Officer, will present to the investor community and host meetings at the conference. 2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunication Conference Presentation Date and Time: Wednesday, November 20, 2024, at 8:00 AM ET* Location: InterContinental New York Barclay, 111 E 48th Street, New Y.

Carvana to Present at Upcoming RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference

Carvana: I Was Wrong, This Stock Is A Powerhouse, But Don't Get Carried Away (Rating Upgrade)

Shares of Carvana have continued to rally after a very strong Q3 earnings print, bringing YTD gains to above 400%. Driven by accelerating sales growth as well as meaningful GPU expansion in Q3, I'm also upgrading Carvana to a neutral rating. Carvana notes that it's still below target inventory levels, indicating that growth could have been even stronger with higher availability.

Carvana: I Was Wrong, This Stock Is A Powerhouse, But Don't Get Carried Away (Rating Upgrade)

Carvana and Jimmie Johnson Redefine Fast In Same Day Delivery Ad Campaign

PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, today launched a new broadcast campaign starring seven-time NASCAR champion Jimmie Johnson. The commercial highlights Carvana's same day vehicle delivery service, allowing customers to receive their car in less than 24 hours after placing an order on carvana.com. “After several successful seasons with Jimmie, we couldn't be more excited to have him star in a Same Day Delivery campaign,” said Ryan Kee.

Carvana and Jimmie Johnson Redefine Fast In Same Day Delivery Ad Campaign

Zacks Investment Research

This Former Pandemic Stock is Quietly Crushing the Market

Up 3200% over the last two years, this former pandemic-era stock has made a remarkable comeback after seemingly being shoved to the side.

This Former Pandemic Stock is Quietly Crushing the Market

Zacks Investment Research

Investors Heavily Search Carvana Co. (CVNA): Here is What You Need to Know

Zacks.com users have recently been watching Carvana (CVNA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Investors Heavily Search Carvana Co. (CVNA): Here is What You Need to Know

See News Rankings

Charts implemented using Lightweight Charts™