News

Carvana ( CVNA 18.21%) continues to wow the market as shares of the leading online used car seller jumped after it delivered ...
Carvana shares rally after reporting rosy Q2 earnings amid exciting earnings season. Analysts maintain Buy rating and raise ...
Carvana ( CVNA) stock soared 16% on Thursday, putting shares on pace to close at their first record since 2021 after the ...
Carvana’s ( NYSE: CVNA) impressive second quarter results – which included a 42% jump in revenue and 800%+ surge in profits – ...
Carvana shares are up nearly 16%, and eyeing a record high, after the car seller revealed [sales and profits above Wall Street expectations]( ...
The market expects Carvana (CVNA) to deliver a year-over-year increase in earnings on higher revenues when it reports results ...
For comparison, its industry has an average Forward P/E of 21.48, which means Carvana is trading at a premium to the group. It's also important to note that CVNA currently trades at a PEG ratio of ...
This means that there is ample opportunity for Carvana to grow its market share. For comparison's sake, in the home improvement industry, Home Depot, the biggest player, has 17% of the market.
Carvana's tool Carlypso should offer a strong competitive advantage over industry peers. Strong cost reduction, improved profitability and the Fed looking to cut interest rates are other positives.
After the recent run-up, Carvana trades at a market cap of $7.4 billion. Over the long term, management is guiding for its earnings before interest, taxes, depreciation, and amortization (EBITDA ...