CVNA Stock Analysis: Carvana | NYSE

Auto & Truck Dealerships | NYSE, USA | Market Cap: 82.071m USD | 12M Return: 0.3% | US1468691027 | Charts, Fundamentals & Technical Analysis

Used Cars, Vehicle Loans, Auto Auctions, Home Delivery
Total Rating 38
Safety 30
Buy Signal -0.58
Auto & Truck Dealerships
Industry Rotation: -26.6
Market Cap: 82.1B
Avg Turnover: 585M
Risk 3d forecast
Volatility68.0%
VaR 5th Pctl11.1%
VaR vs Median-0.68%
Reward TTM
Sharpe Ratio0.22
Rel. Str. IBD37.6
Rel. Str. Peer Group59.4
Character TTM
Beta1.918
Beta Downside1.807
Hurst Exponent0.498
Drawdowns 3y
Max DD53.47%
CAGR/Max DD1.79
CAGR/Mean DD6.19
EPS (Earnings per Share) EPS (Earnings per Share) of CVNA over the last years for every Quarter: "2021-09": -0.08, "2021-12": -1.02, "2022-03": -0.58, "2022-06": -0.47, "2022-09": -0.53, "2022-12": 0.39, "2023-03": -0.3, "2023-06": -0.19, "2023-09": -0.14, "2023-12": -1, "2024-03": 0.05, "2024-06": 0.08, "2024-09": 0.64, "2024-12": 0.608, "2025-03": 1.5288, "2025-06": 0.26, "2025-09": 0.21, "2025-12": 4.22, "2026-03": 0.34, "2026-06": 0.42,
Last SUE: 0.00
Qual. Beats: 0
Revenue Revenue of CVNA over the last years for every Quarter: 2021-09: 3480, 2021-12: 3753, 2022-03: 3497, 2022-06: 3884, 2022-09: 3386, 2022-12: 2837, 2023-03: 2606, 2023-06: 2968, 2023-09: 2773, 2023-12: 2424, 2024-03: 3061, 2024-06: 3410, 2024-09: 3655, 2024-12: 3547, 2025-03: 4232, 2025-06: 4840, 2025-09: 5647, 2025-12: 5603, 2026-03: 6432, 2026-06: 7376,
Rev. CAGR: 37.50%
Rev. Trend: 97.7%
Last SUE: 3.83
Qual. Beats: 8

Warnings

High Debt/EBITDA With Thin Interest Coverage
Interest Coverage Ratio Critical
Beneish M-Score Likely Earnings Manipulation
Seasonal Headwind

Tailwinds

No distinct edge detected

Seasonality 9.3 years of data

Jan -5.1% 15
Feb -0.8% 14
Mar -11.4% 34
Apr +2.2% 6
May +2.4% 8
Jun +4.8% 6
Jul +1.3% 8
Aug +13.9% 14
Sep -13.3% 63
Oct -17.6% 33
Nov +1.2% 11
Dec -14.8% 31

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: CVNA Carvana

Carvana Co. (NYSE: CVNA) operates an e-commerce platform for buying and selling used cars, offering a vertically integrated suite of services including vehicle acquisition, inspection and reconditioning, online search and discovery, financing, complementary products, logistics and fulfillment, post-sale support, and auction site operations. The company differentiates itself through a fully online car-buying experience and an owned logistics network that enables direct home delivery in many markets, reducing reliance on traditional dealership footprints. Founded in 2012 and headquartered in Tempe, Arizona, Carvana went public in April 2017 and is classified within the Consumer Discretionary sector under the Automotive Retail sub-industry, competing in a broader U.S. used-vehicle market that remains heavily fragmented across dealers, private sellers, and emerging online competitors.

Headlines to Watch Out For
  • Used vehicle pricing recovery drives revenue and unit economics
  • Gross profit per unit expansion signals ongoing profitability turnaround
  • Floor plan interest costs pressure margins despite rate cuts
Piotroski VR-10 (Strict) 3.0
Net Income: 1.57b TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA -0.18 > 1.0
NWC/Revenue: 23.81% < 20% (prev 26.15%; Δ -2.34% < -1%)
CFO/TA 0.08 > 3% & CFO 1.12b > Net Income 1.57b
Net Debt (2.87b) to EBITDA (142.0m): 20.24 < 3
Current Ratio: 3.93 > 1.5 & < 3
Outstanding Shares: last quarter (740.0m) vs 12m ago 3.32% < -2%
Gross Margin: 19.37% > 18% (prev 20.91%; Δ -1.54% > 0.5%)
Asset Turnover: 209.5% > 50% (prev 173.8%; Δ 35.78% > 0%)
Interest Coverage Ratio: -0.31 > 6 (EBIT TTM -130.0m / Interest Expense TTM 423.0m)
Altman Z'' 3.19
A: 0.41 (Total Current Assets 8.01b - Total Current Liabilities 2.04b) / Total Assets 14.6b
B: 0.04 (Retained Earnings 551.0m / Total Assets 14.6b)
C: -0.01 (EBIT TTM -130.0m / Avg Total Assets 12.0b)
D: 0.43 (Book Value of Equity 4.03b / Total Liabilities 9.41b)
Altman-Z'' = 3.19 = A
Beneish M 0.79
DSRI: 2.99 (Receivables 1.50b/325.0m, Revenue 25.1b/16.3b)
GMI: 1.08 (GM 20.91% / 19.37%)
AQI: 3.88 (AQ_t 0.22 / AQ_t-1 0.06)
SGI: 1.54 (Revenue 25.1b / 16.3b)
TATA: 0.03 (NI 1.57b - CFO 1.12b) / TA 14.6b)
Beneish M = 0.79 (Cap -4..+1) = D
What is the price of CVNA shares?

As of September 01, 2026, the stock is trading at USD 73.46 with a total of 6,085,424 shares traded. Over the past week, the price has changed by +1.56%, over one month by +17.80%, over three months by +3.46% and over the past year by +0.25%.

Current recommended Stop Loss: 68.60 (which is 6.6% or 1.3 ATR below the current price).

Is CVNA a buy, sell or hold?

Carvana has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy CVNA.

  • StrongBuy: 10
  • Buy: 6
  • Hold: 7
  • Sell: 0
  • StrongSell: 1

What are the forecasts/targets for the CVNA price?
Analysts Target Price 83 13%
Carvana (CVNA) - Fundamental Data Overview as of 01 September 2026
Market Cap USD = 82.1b (82.1b USD * 1.0 USD.USD)
P/E Trailing = 39.1746
P/E Forward = 47.8469
P/S = 3.2752
P/B = 13.242
P/EG = -0.13
Revenue TTM = 25.1b USD
EBIT TTM = -130.0m USD
EBITDA TTM = 142.0m USD
Long Term Debt = 4.85b USD (from longTermDebt, last quarter)
Short Term Debt = 382.0m USD (from shortTermDebt, last quarter)
Debt = 6.01b USD (from shortLongTermDebtTotal, last quarter) + Leases 385.0m
Net Debt = 2.87b USD (calculated: Debt 6.01b - CCE 3.13b)
Enterprise Value = 84.9b USD (82.1b + Debt 6.01b - CCE 3.13b)
Interest Coverage Ratio = -0.31 (Ebit TTM -130.0m / Interest Expense TTM 423.0m)
EV/FCF = 91.44x (Enterprise Value 84.9b / FCF TTM 929.0m)
FCF Yield = 1.09% (FCF TTM 929.0m / Enterprise Value 84.9b)
FCF Margin = 3.71% (FCF TTM 929.0m / Revenue TTM 25.1b)
Net Margin = 6.26% (Net Income TTM 1.57b / Revenue TTM 25.1b)
Gross Margin = 19.37% ((Revenue TTM 25.1b - Cost of Revenue TTM 20.2b) / Revenue TTM)
Gross Margin QoQ = 18.76% (prev 19.76%)
Tobins Q-Ratio = 5.84 (Enterprise Value 84.9b / Total Assets 14.6b)
Interest Expense / Debt = 7.04% (Interest Expense 423.0m / Debt 6.01b)
Taxrate = 11.40% (66.0m / 579.0m)
NOPAT = -115.2m (EBIT -130.0m * (1 - 11.40%)) [loss with tax shield]
Current Ratio = 3.93 (Total Current Assets 8.01b / Total Current Liabilities 2.04b)
Debt / Equity = 1.49 (Debt 6.01b / totalStockholderEquity, last quarter 4.03b)
Debt / EBITDA = 20.24 (Net Debt 2.87b / EBITDA 142.0m)
Debt / FCF = 3.09 (Net Debt 2.87b / FCF TTM 929.0m)
Total Stockholder Equity = 3.37b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.11% (Net Income 1.57b / Total Assets 14.6b)
RoE = 46.57% (Net Income TTM 1.57b / Total Stockholder Equity 3.37b)
RoCE = -1.58% (EBIT -130.0m / Capital Employed (Equity 3.37b + L.T.Debt 4.85b))
 RoIC = -0.99% (negative operating profit) (NOPAT -115.2m / Invested Capital 11.6b)
 WACC = 12.29% (E(82.1b)/V(88.1b) * Re(12.73%) + D(6.01b)/V(88.1b) * Rd(7.04%) * (1-Tc(0.11)))
Discount Rate = 12.73% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 56.53 | Cagr: 11.31%
[DCF] Terminal Value 66.33% ; FCFF base≈803.4m ; Y1≈921.0m ; Y5≈1.36b
[DCF] Fair Price = 12.66 (EV 12.0b - Net Debt 2.87b = Equity 9.12b / Shares 719.9m; r=12.29% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: 97.71 | Revenue CAGR: 37.50% | SUE: 3.83 | # QB: 8
EPS current Quarter (2026-09-30): EPS=0.44 | Chg30d=-4.09% | Revisions=+10% | Analysts=10
EPS current Year (2026-12-31): EPS=1.55 | Chg30d=+4.25% | Revisions=+30% | GrowthEPS=-8.5% | GrowthRev=+42.4%
EPS next Year (2027-12-31): EPS=2.24 | Chg30d=+6.74% | Revisions=+8% | GrowthEPS=+45.1% | GrowthRev=+24.4%
[Analyst] Revisions Ratio: +19% (up=14, down=9)