Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

How to buy Carvana stock (CVNA)

Buy Carvana stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Carvana is an American used car dealer that allows users to order cars online and have them shipped to their home, haggle free. It also offers auto vending machines. Carvana stock has seen a lot of volatility: at one point it had surged 2500% from its IPO price, and in 2022, its stock price plummeted almost 100%.

Our top picks for where to buy Carvana stock

Top pick for advanced traders

Go to site
  • Trade options, futures, options on futures, stocks, ETFs
  • $0 commission to close options
  • Pro-grade platform and risk analysis tools

Our pick for investing by theme

Go to site
  • Trade $0 commission stocks & ETFs with as little as $1
  • Theme and ETF screener
  • Discover new opportunities with Opto's AI-driven classification system

Our pick for transfer bonus

Go to site
  • Trade stocks, options, ETFs, mutual funds, alternative asset funds
  • $0 commission on stocks, ETFs and options, with no options contract fees
  • Complimentary access to a financial planner and automated investing

How to buy Carvana stock

  1. Choose a stock trading platform. Use our comparison table
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – CVNA. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Buy Carvana stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.
1 - 4 of 4
Name Product USFST Ratings Available asset types Stock trade fee Minimum deposit Cash sweep APY Signup bonus
Tastytrade
Finder Score: 4.4 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $50-$5,000
Competitive, capped options commissions, with a reliable trading platform designed for serious traders.
OPTO
Finder Score: 3.1 / 5: ★★★★★
OPTO
★★★★★
Stocks, ETFs
$0
$0
N/A
Earn up to $300
AI-driven thematic investing, with proprietary research, fractional shares and commission-free stocks and ETFs.
SoFi Invest®
Finder Score: 4.2 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Options, Mutual funds, ETFs, Alternatives
$0
$0
0.02%
Get up to $1,000 in stock
Zero-commission stocks, ETFs and options, with no options per-contract fees. Plus, a no-advisory-fee robo-advisor and complimentary access to financial planners.
Robinhood
Finder Score: 4.5 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
4.5%
Get a free stock
Trade stocks, options, ETFs and crypto without commissions and on a user-friendly platform. Plus, a 1% IRA match and no options contract fees.
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Carvana stock price (NYSE: CVNA)

Use our graph to track the performance of CVNA stocks over time.

Carvana shares at a glance

Information last updated 2024-11-01.
Latest market close$238.93
52-week range$27.75 - $259.39
50-day moving average $172.96
200-day moving average $116.09
Wall St. target price$224.85
PE ratio 99.3213
Dividend yield N/A
Earnings per share (TTM) $2.49

Is it a good time to buy Carvana stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Carvana price performance over time

Historical closes compared with the close of $235.68 from 2024-11-05

1 week (2024-10-31) -4.70%
1 month (2024-10-07) 31.13%
3 months (2024-08-07) 83.21%
6 months (2024-05-07) 102.02%
1 year (2023-11-07) 589.73%
2 years (2022-11-07) 3,089.17%
3 years (2021-11-05) 297.89
5 years (2019-11-07) 222.32%

Is Carvana stock undervalued or overvalued?

Valuing Carvana stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Carvana's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Carvana's P/E ratio

Carvana's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 99x. In other words, Carvana shares trade at around 99x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Carvana's EBITDA

Carvana's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1 billion.

The EBITDA is a measure of a Carvana's overall financial performance and is widely used to measure a its profitability.

Carvana financials

Revenue TTM $12.5 billion
Operating margin TTM 9.22%
Gross profit TTM $1.3 billion
Return on assets TTM 6.01%
Return on equity TTM 107.14%
Profit margin 0.14%
Book value $4.83
Market Capitalization $28.9 billion

TTM: trailing 12 months

Carvana share dividends

We're not expecting Carvana to pay a dividend over the next 12 months.

Carvana share price volatility

Over the last 12 months, Carvana's shares have ranged in value from as little as $27.75 up to $259.39. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Carvana's is 3.444. This would suggest that Carvana's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Carvana overview

Carvana Co. , together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices. The company also operates auction sites. The company was founded in 2012 and is based in Tempe, Arizona. .

Frequently asked questions

Is Carvana stock a good to buy?
Carvana stock is currently overvalued, according to Yahoo Finance. Of the 14 analysts covering the stock, 10 rate it either a Strong Buy or Buy, with 3 Holds and 1 Underperform. Based on this, Carvana stock is currently rated a Hold. Where can I buy Carvana stock?
Buy Carvana stock through any US broker by searching for ticker symbol CVNA. How much is Carvana stock?
Carvana stock ended the day on September 25, 2023, at $40.25. Is Carvana a public stock?
Yes, Carvana stock is a publicly-traded company. Its shares trade on the New York Stock Exchange under ticker symbol CVNA.
What percentage of Carvana is owned by insiders or institutions?
Currently 3.502% of Carvana shares are held by insiders and 94.566% by institutions.
How many people work for Carvana?
Latest data suggests 13,700 work at Carvana.
When does the fiscal year end for Carvana?
Carvana's fiscal year ends in December.
Where is Carvana based?
Carvana's address is: 300 East Rio Salado Parkway, Tempe, AZ, United States, 85281
What is Carvana's ISIN number?
Carvana's international securities identification number is: US1468691027
What is Carvana's CUSIP number?
Carvana's Committee on Uniform Securities Identification Procedures number is: 146869102

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site