Carvana (CVNA)
NYSE:CVNA
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CVNA Stock Chart & Stats
$387.53
-$1.63(-0.82%)
At close: 4:00 PM EST
$387.53
-$1.63(-0.82%)
Day’s Range― - ―
52-Week Range$54.46 - $97.38
Previous CloseN/A
Volume2.20M
Average Volume (3M)10.31M
Market Cap
$73.01B
Enterprise Value$67.14B
Total Cash (Recent Filing)$2.41B
Total Debt (Recent Filing)$621.00M
Price to Earnings (P/E)29.8
Beta2.32
Next Earnings
Jul 30, 2026EPS Estimate
0.39Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.73
Shares Outstanding716,288,400
10 Day Avg. Volume9,909,683
30 Day Avg. Volume10,313,589
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)16.88
Price to Sales (P/S)2.86
P/FCF Ratio65.33
Enterprise Value/Market Cap0.92
Enterprise Value/Revenue2.98
Enterprise Value/Gross Profit14.93
Enterprise Value/Ebitda-762.91
Forecast
1Y Price Target
$93.85Price Target Upside-75.78% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering17
EPS Forecast (FY)1.54
Revenue Forecast (FY)$27.80B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationSustained positive free cash flow (~$0.74B TTM) and operating cash (~$0.9B) show the business now generates cash after prior burn. Durable cash conversion supports deleveraging, funds reconditioning/logistics investments, and provides runway to scale without frequent external equity.
Stronger Balance Sheet / Lower LeverageLeverage has materially improved (debt-to-equity ~0.17) with equity around $3.7B, giving Carvana greater financial flexibility. Lower net leverage reduces refinancing and liquidity risk, enabling sustained investment in operations and strategic initiatives across business cycles.
Scale And Operational EfficiencyRecord unit volume (187,393) and $6.43B revenue, coupled with a $170 decline in SG&A per unit, indicate durable scale economies. Improvements in recon tooling and logistics that cut throughput and unit costs support sustainable margin gains as volumes grow and operational practices stabilize.
Bears Say
GPU And Margin CompressionDeclines in retail and wholesale GPU (‑$58 and ‑$83) and a lower adjusted EBITDA margin (10.4%) highlight persistent margin pressure. If vehicle pricing or spreads do not recover, this structural erosion of per-unit economics can constrain sustained profitability even with higher volumes.
Wholesale-to-retail Spread HeadwindA $100–$200 per-unit spread headwind flagged by management is a meaningful structural risk to unit economics. Persistent lag in retail repricing versus wholesale gains would erode margins, requiring either sustained cost cuts or pricing power to preserve long-term profitability as volumes scale.
Earnings Quality & Capital-structure VolatilityReported inconsistencies (negative EBIT/EBITDA amid strong net income) and the history of negative equity in 2022 signal earnings-quality and capital-structure volatility. These factors complicate forecasting, may raise governance or disclosure scrutiny, and can affect financing access and investor confidence over the medium term.
Carvana Co News
CVNA FAQ
What was Carvana’s price range in the past 12 months?
Carvana lowest stock price was $54.46 and its highest was $97.38 in the past 12 months.
What is Carvana’s market cap?
Carvana’s market cap is $73.01B.
When is Carvana’s upcoming earnings report date?
Carvana’s upcoming earnings report date is Jul 30, 2026 which is in 40 days.
How were Carvana’s earnings last quarter?
Carvana released its earnings results on Apr 29, 2026. The company reported $0.349 earnings per share for the quarter, beating the consensus estimate of $0.317 by $0.032.
Is Carvana overvalued?
According to Wall Street analysts Carvana’s price is currently Overvalued.
Does Carvana pay dividends?
Carvana does not currently pay dividends.
What is Carvana’s EPS estimate?
Carvana’s EPS estimate is 0.39.
How many shares outstanding does Carvana have?
Carvana has 716,288,400 shares outstanding.
What happened to Carvana’s price movement after its last earnings report?
Carvana reported an EPS of $0.349 in its last earnings report, beating expectations of $0.317. Following the earnings report the stock price went down -0.2%.
Which hedge fund is a major shareholder of Carvana?
Currently, no hedge funds are holding shares in CVNA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Carvana Co Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$93.85 (-75.78% Downside)
$93.85 (-75.78% Downside)
Blogger Sentiment
Bullish
CVNA Sentiment 70%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 3.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.1%
Last 30 Days ▲ 3.0%
Last 30 Days ▲ 3.0%
News Sentiment
Neutral
Bullish news 59%
Bearish news 43%
Bearish news 43%
Technicals
SMA
Negative
20 days / 200 days
Momentum
8.08%
12-Months-Change
Fundamentals
Return on Equity
57.15%
Trailing 12-Months
Asset Growth
55.11%
Trailing 12-Months
Company Description
Carvana
Carvana Co., along with its subsidiaries, operates a digital platform facilitating the purchase and sale of pre-owned vehicles across the United States. Their comprehensive services span the entire customer journey, including sourcing and reconditioning automobiles, providing an intuitive online browsing and transaction experience, offering financing solutions, and supplying complementary products. The company also manages its own specialized logistics network for distinctive delivery and pickup options, alongside providing extensive post-sale support. Furthermore, Carvana operates various vehicle auction sites. This company was established in 2012 and maintains its headquarters in Tempe, Arizona.
CVNA Company Deck
CVNA Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized multiple company records (units sold, revenue, adjusted EBITDA, GAAP operating income), strong execution on operational fixes (notably recon tooling and labor efficiency), and improved financial leverage (net debt/EBITDA 1.1x). Offsetting these positives were margin pressures from GPU declines, wholesale-to-retail spread compression (a $100–$200 per-unit headwind), increased advertising and overhead investments, and ongoing recon work whose benefits will take time to fully flow through. Management characterized many headwinds as transitory and reiterated a clear path to long-term margin targets, while committing to reinvesting operational gains for customers and growth. Overall, the call conveyed confidence in execution and scale, but acknowledged near-term mix and margin headwinds.View all CVNA earnings summariesCVNA Net sales Breakdown
69.76% Used Vehicle
23.25% Wholesale Vehicle
6.99% Other
CVNA Stock 12 Month Forecast
Average Price Target
$93.85
▼(-75.78% Downside)
Technical Analysis
Ownership Overview
11.92% Insiders
6.73% Mutual Funds
8.70% Other Institutional Investors
50.48% Public Companies and Individual Investors