Carvana (CVNA-N)
NYSE:CVNA
251.87
7.52
(3.08%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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This summary was created by AI, based on 8 opinions in the last 12 months.
Carvana Co. has seen a remarkable recovery this year, with a staggering 353% increase as the company navigates a turbulent market landscape. The CEO's strategies and the introduction of new tariffs are expected to bolster the used car segment, fostering consumer interest in purchasing used vehicles. Despite facing significant downturns, the company has stabilized its debt and is shifting its operations towards an eCommerce model that cuts out traditional dealerships, resulting in considerable savings for customers. Analysts highlight Carvana's strong social media presence, with a notable 1150% surge in mentions, indicating a growing public interest in its offerings. As the next earnings report approaches, there is speculation about a potential short squeeze due to a high short position, reinforcing the positive sentiment surrounding the stock's future trajectory.
Simply put, carvana is a better way to buy a car. you can browse, finance, and purchase a car online and have it delivered to you as soon as the next day. cutting out the dealerships translates to thousands of dollars in lower costs on every vehicle we sell. we pass these savings on to consumers in four ways: lower prices (our customers save $1,681 on average vs. kelley blue book), premium cars, a better experience, and no hidden fees. Social media mentions are up 1150% in the past 24h.
Moving up in a step pattern -- rallies, consolidates at the higher level, rallies, consolidates. A fantastic accumulation pattern, extremely well supported. Now consolidating. As long as it holds above $100 support, it's still being accumulated.
The 5-year chart is very interesting. Massive selloff, huge multi-year base, and now it's broken out. Looking at where it was, looks like it's just getting started longer term.
It got its groove Back. From mid-September till last week, shares were cut in half. The used car business is not the place to be when you're worried about interest rates. But shares are popping in the past week, partially due to a benign Fed/Powell meeting, and Carvana reported a stellar quarter last week.
CVNA has recovered quite well this year, after a substantial drawdown of around 90% from its peak in 2021 and it is now trading at 0.2x times' Price/Sales (as the company has negative EBITDA, earnings and even book value). Growth was more than 100% in COVID years but went substantially to even negative growth in recent quarters. The balance sheet is highly leveraged with $8.2B of net debt while still burning cash. Overall, the company was growing really fast in the COVID years, with the promise to become the leader of used cars. However, the company is still unprofitable, burning cash quite significantly, highly leveraged, and may need to raise additional capital in tough times. We consider the share price highly volatile, and we would prefer to wait until profitability has been achieved. The company came precariously close recently to going under, and the short position remains more than 50%. Too risky for us.
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Founded in 2012 and based in Phoenix, Carvana's mission is to change the way people buy cars. By removing the traditional dealership infrastructure and replacing it with technology and exceptional customer service, Carvana offers consumers an intuitive and convenient online car buying and financing platform. Carvana.com enables consumers to quickly and easily shop more than 20,000 vehicles, finance, trade-in or sell their current vehicle to Carvana, sign contracts, and schedule as-soon-as-next-day delivery or pickup at one of Carvana's patented, automated Car Vending Machines. Social media mentions are up 152% in the past 24h.
Carvana(CVNA-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 3
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 9
Carvana(CVNA-N) Frequently Asked Questions
What is Carvana stock symbol?
Carvana is a American stock, trading under the symbol CVNA-N on the New York Stock Exchange (CVNA). It is usually referred to as NYSE:CVNA or CVNA-N
Is Carvana a buy or a sell?
In the last year, 9 stock analysts published opinions about CVNA-N. 3 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Carvana.
Is Carvana a good investment or a top pick?
Carvana was recommended as a Top Pick by on . Read the latest stock experts ratings for Carvana.
Why is Carvana stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Carvana worth watching?
9 stock analysts on Stockchase covered Carvana In the last year. It is a trending stock that is worth watching.
What is Carvana stock price?
On 2025-05-01, Carvana (CVNA-N) stock closed at a price of $251.87.
Has fallen hard, but the new tariffs will be good for their business, driving people to buy used cars. A good CEO.