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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%.

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How to buy Carvana stock

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  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.

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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 2024-11-15.
Latest market close$249.43
52-week range$29.84 - $259.39
50-day moving average $188.53
200-day moving average $124.87
Wall St. target price$245.81
PE ratio 96.5623
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 $244.69 from 2024-11-18

1 week (2024-11-13) 1.96%
1 month (2024-10-18) 27.90%
3 months (2024-08-20) 58.70%
6 months (2024-05-20) 108.25%
1 year (2023-11-20) 638.80%
2 years (2022-11-18) 2,935.86%
3 years (2021-11-19) 291.72
5 years (2019-11-20) 174.99%

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 97x. In other words, Carvana shares trade at around 97x 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 9.25%
Gross profit TTM $1.3 billion
Return on assets TTM 6.04%
Return on equity TTM 107.14%
Profit margin 0.14%
Book value $4.83
Market Capitalization $28.1 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 $29.84 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 3.379. 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 3.359% of Carvana shares are held by insiders and 97.2% 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

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