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Carvana is scheduled to report earnings after the closing bell Wednesday, with traders expecting a big move from the used car ...
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.
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 ...
Carvana has received a total of 22 ratings from analysts, with the consensus rating as Outperform. With an average one-year price target of $338.59, the consensus suggests a potential 0.67% upside.
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.
Though not a perfect comparison since Carvana operates on a different fiscal year, Carvana's calendar 2022 net loss was about $1.6 billion on revenue of $13.6 billion.
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 ...