Lumida
/CVNA
⌘K
Carvana Co

Carvana Co

CVNA
$73.43USD↓-0.98%-0.73 today

MARKET CAP

80.8B

P/E (TTM)

8.5x

FWD P/E

—

DAY RANGE

$73 – $76

52W RANGE

$54
$97

AI Summary

Stalk
Buy NowMedium

CVNA exhibits a clear higher-highs/higher-lows structure with price holding above rising 9-day and 20-day EMAs and the flat 50-day SMA, signaling demand dominance. The asset is in a Stage 2 advancing phase with low transition risk, reinforcing a bullish medium-term bias. Short-term conditions are favorable, suggesting immediate participation on shallow pullbacks into the EMA and SMA support zone. Additionally, the rising 200-day SMA confirms the sustained long-term uptrend, supporting buy-on-dips execution.

  • ↑Q3 2025 revenue hit $5.647B (+55% YoY) on robust unit sales
  • ↑Adjusted EBITDA reached $637M (+28% YoY) with 11.3% margin
  • ↓Net leverage at 1.3x EBITDA raises balance-sheet risk
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Carvana, Inc. (NYSE: CVNA) is a prominent player in the online used car retail space, known for revolutionizing how consumers buy and sell vehicles. Through its e-commerce platform, Carvana offers a streamlined process characterized by online purchasing and next-day delivery. The company aims to capture significant market share within the U.S. automotive market, specializing in the sale of used vehicles while focusing on enhancing customer experience and operational efficiency.

Bull says

  • ↑Q3 2025 revenue hit $5.647B (+55% YoY) on robust unit sales
  • ↑Adjusted EBITDA reached $637M (+28% YoY) with 11.3% margin
  • ↑Targets 3M annual sales by 2030-35 and a 13.5% EBITDA margin
  • ↑$2.3B cash balance and 1.3x net debt/EBITDA reflect solid liquidity
  • ↑Analyst revisions are positive, indicating strong growth expectations
  • ↑Institutional backing and high earnings yield support valuation

Bear says

  • ↓Net leverage at 1.3x EBITDA raises balance-sheet risk
  • ↓GPU margins shrink amid rising fuel and inventory reconditioning costs
  • ↓High share volatility may trigger significant price swings
  • ↓Traditional retailers’ e-commerce push intensifies competitive pressure
  • ↓Forward valuation appears rich, risking multiple contraction
  • ↓Negative dividend yield signals limited shareholder returns

Investment themes with CVNA

eTailing↑ +0.56%

Online retail and e-commerce platforms

FIGS · LQDT · CVNA
High Beta↓ -0.12%

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Earnings Call · Q2 2025 · Mgmt. Guidance

Updated 08-15-2026neutral

Transcript signals

Bull points

  • we are laying foundations for the future today, and in many ways we're making investments in future growth today.
  • the investment has been that we've had to open those sites you know hire at those sites find managers for those sites run those sites and At lower utilization, they tend to be a little bit more expensive, so that's flowing through our results today, but it also means that there's higher utilization to come in the future, and that will be a tailwind to results,
  • we think that that's smart, and we expect to continue to get better there as we do scale those sites out over time.

Bear points

  • the ADESA sites that are up today are less than half of that. Generally speaking, I think utilization is a good first-order measure of how efficient they're going to be in cost. And so today the ADESA sites are more expensive, and it is a bit of an investment to lean into growth in those sites versus just leaning into it in the Carvana sites.
  • does it signal increased investments?
  • does it signal increased investments around price or bids or anything else along those or just simply we're coming up against big numbers last year?
Read full transcript analysis ›