CarvanaCVNA
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: 17,400
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
173% more first-time investments, than exits
New positions opened: 150 | Existing positions closed: 55
23% more capital invested
Capital invested by funds: $20.6B [Q3] → $25.4B (+$4.78B) [Q4]
18% more funds holding
Funds holding: 479 [Q3] → 567 (+88) [Q4]
17% more funds holding in top 10
Funds holding in top 10: 30 [Q3] → 35 (+5) [Q4]
15% more repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 173
1.64% more ownership
Funds ownership: 95.47% [Q3] → 97.11% (+1.64%) [Q4]
29% less call options, than puts
Call options by funds: $3.09B | Put options by funds: $4.33B
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Piper Sandler Alexander Potter 25% 1-year accuracy 5 / 20 met price target | 4%upside $230 | Overweight Maintained | 22 Apr 2025 |
JMP Securities Nicholas Jones 28% 1-year accuracy 23 / 82 met price target | 24%upside $275 | Market Outperform Maintained | 9 Apr 2025 |
Citigroup Ronald Josey 45% 1-year accuracy 26 / 58 met price target | 27%upside $280 | Buy Maintained | 8 Apr 2025 |
Baird Colin Sebastian 33% 1-year accuracy 13 / 39 met price target | 9%downside $200 | Neutral Maintained | 4 Apr 2025 |
JP Morgan Rajat Gupta 52% 1-year accuracy 23 / 44 met price target | 47%upside $325 | Overweight Maintained | 27 Mar 2025 |
Financial journalist opinion
Based on 37 articles about CVNA published over the past 30 days
