244.35 USD
+2.92
1.21%
At close Nov 8, 4:00 PM EST
After hours
244.35
+0.00
0.00%
1 day
1.21%
5 days
7.89%
1 month
27.94%
3 months
83.16%
6 months
113.56%
Year to date
400.00%
1 year
618.89%
5 years
213.43%
 

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

0
Funds holding %
of 6,759 funds
0
Analysts bullish %
of 19 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

214% more first-time investments, than exits

New positions opened: 110 | Existing positions closed: 35

50% more funds holding in top 10

Funds holding in top 10: 22 [Q1] → 33 (+11) [Q2]

24% more capital invested

Capital invested by funds: $12.7B [Q1] → $15.7B (+$3B) [Q2]

23% more funds holding

Funds holding: 329 [Q1] → 404 (+75) [Q2]

13% more call options, than puts

Call options by funds: $2.24B | Put options by funds: $1.98B

9% more repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 120

20.12% less ownership

Funds ownership: 124.47% [Q1] → 104.35% (-20.12%) [Q2]

Research analyst outlook

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

Low target
$157
36%
downside
Avg. target
$220
10%
downside
High target
$320
31%
upside

19 analyst ratings

positive
47%
10 neutral
53%
negative
0%
Morgan Stanley
Adam Jonas
57% 1-year accuracy
35 / 61 met price target
6%upside
$260
Equal-Weight
Upgraded
5 Nov 2024
JMP Securities
Nicholas Jones
74% 1-year accuracy
53 / 72 met price target
31%upside
$320
Market Outperform
Maintained
31 Oct 2024
Piper Sandler
Alexander Potter
50% 1-year accuracy
11 / 22 met price target
8%downside
$225
Neutral
Maintained
31 Oct 2024
JP Morgan
Rajat Gupta
78% 1-year accuracy
21 / 27 met price target
23%upside
$300
Overweight
Maintained
31 Oct 2024
Needham
Chris Pierce
37% 1-year accuracy
21 / 57 met price target
23%upside
$300
Buy
Maintained
31 Oct 2024

Financial journalist opinion

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

Charts implemented using Lightweight Charts™