How to Buy Carvana Co Stock
Carvana Co
Carvana Co is a auto & truck dealership company located in Arizona, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker CVNA on the NYSE exchange.
Carvana Co stock last closed at $251.87, up 3.08% from the previous day, and has increased 189.21% in one year. It has overperformed other stocks in the Auto & Truck Dealerships industry by 1.69 percentage points. Carvana Co stock is currently +158.19% from its 52-week low of $97.55, and -13.99% from its 52-week high of $292.84.
There are currently 213.17M shares of CVNA outstanding. The market cap of CVNA is $53.69B. In the last 24 hours, 4.36M CVNA shares were traded.
How to Buy Carvana Co Stock
Wondering how to invest in Carvana Co stock? Here's how.
- Choose where to buy Carvana Co stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Carvana Co stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your method of payment and add your details.
- Analyze Carvana Co stock: The Carvana Co ticker symbol is CVNA. Is Carvana Co stock a good investment? Should you buy shares of CVNA? How do CVNA's underlying business fundamentals look? Do top analysts think Carvana Co is a good buy? Why has CVNA's stock price moved recently? (Hint: Our stock market research website can help you decide if CVNA is a good stock to buy).
- Execute your CVNA buy order: Decide if you will purchase CVNA shares at the current market price or use a limit order to purchase CVNA shares at a given price.
- Watch your investment in CVNA: Create a watchlist to keep tabs on your position in Carvana Co shares.
Step 1: Choose where to buy Carvana Co stock
You need a brokerage account in order to access the NYSE market and buy CVNA stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you can buy CVNA today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create your new trading account.
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Step 3: Fund your brokerage account
Now that you've opened your account on apps for stocks, you can securely and quickly fund your account:
Watch the tutorial below for more details transferring funds into your brokerage account.
Step 4: Analyze Carvana Co stock
After you have decided on the best place to buy Carvana Co stock, it's absolutely critical to analyze their stock prior to buying, so you actually wrap your head around the risk and upside.
Carvana Co shares at a glance
CVNA Fundamentals
WallStreetZen was designed to help average investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on CVNA's stock page.
What is the fair value of CVNA stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CVNA's intrinsic value.
Using relative valuations metrics:
- CVNA could be overvalued based on its P/E ratio of 146.44x, relative to Auto & Truck Dealerships industry P/E ratio of 74.63x
- CVNA may be overvalued based on its P/B ratio of 42.61x, relative to Auto & Truck Dealerships industry P/B ratio of 3.2x
- CVNA could be overvalued based on its PEG ratio of 2.25x
You can do more valuation research on CVNA's stock here.
CVNA Financial Overview
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the CVNA balance sheet.
- Total CVNA debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the CVNA balance sheet.
- CVNA profit margin has gone down from 4.2% to 1.5% in the past year.
- CVNA earnings of $857.00M is not enough to cover its interest payments.
- CVNA has a relatively high debt to equity ratio of 5.64.
- CVNA's operating cash flow of $918.00M allows it to safely service it's debt of $6.05B.
Is it a good time to buy Carvana Co stock, according to analysts?
Out of 14 sell side analysts who research CVNA, the consensus analyst rating on CVNA is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest CVNA Analyst Recommendations
Rajat Gupta, a top 7% analyst from JP Morgan maintains CVNA with a strong buy rating and lowers their CVNA price target from $365.00 to $325.00, on Mar 27, 2025.
Adam Jonas, a top 4% analyst from Morgan Stanley upgrades CVNA to a strong buy rating and raises their CVNA price target from $260.00 to $280.00, on Mar 25, 2025.
Morgan Stanley's Adam Jonas upgraded their rating on Carvana Co (NYSE: CVNA) from Hold to Strong Buy on 2025/03/25. The analyst also raised their price target by 7.7% from $260 to $280.
Jonas said they upgraded the stock to Strong Buy because the recent and sharp dip in the price offers investors "a unique opportunity to gain exposure to a leader in auto retail and fleet fulfillment."
Hiking their price target as well, the analyst said that their "recent site visit reinforced their view that the company has competitive advantages.
Acknowledging that Carvana Co. is exposed to a lower strata of auto credit than peers, Jonas argued that "the company has demonstrated execution with profitable growth and addressed leverage concerns."
Michael McGovern, a top 22% analyst from Bank of America maintains CVNA with a strong buy rating and lowers their CVNA price target from $270.00 to $220.00, on Mar 14, 2025.
Michael Montani, a top 25% analyst from Evercore ISI Group maintains CVNA with a hold rating and lowers their CVNA price target from $250.00 to $240.00, on Mar 11, 2025.
Chris Pierce, a bottom 1% analyst from Needham reiterates CVNA with a buy rating and maintains their CVNA price target from $340.00 to $340.00, on Mar 7, 2025.
You can dive deeper into what analysts are saying on the Carvana Co stock forecast page.
Metrics for Advanced CVNA Traders
How is CVNA performing as a company?
Last year, CVNA earnings were $210.00M. During the past one years, CVNA's earnings have gone up by -58.25% per year. This was slower than the Auto & Truck Dealerships industry average of -16.79%.
Last year, CVNA revenue was $13.67B. Over the last 5 year, CVNA's revenue has grown by 28.25% per year. This was faster than the Auto & Truck Dealerships industry average of 19.04%.
Dig into CVNA's earnings and revenue performance here.
Are CVNA executives and large shareholders buying or selling the stock?
In the past 12 months, insiders at CVNA have sold more shares than they have bought.
Benjamin E. Huston, Chief Operating Officer of CVNA, was the latest CVNA insider to sell. They sold $4,887,422.54 worth of CVNA stock on Apr 7, 2025.
Research more about who owns CVNA shares here.
Does CVNA stock generate passive income?
No, Carvana Co doesn't provide an income stream by paying out dividends.
CVNA Social Trading Data
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your CVNA buy order
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open Trade button and eToro will place the order.
If you want more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in CVNA
Now that you own some CVNA shares, you'll want to stay up-to-date on your investment.
Make a watchlist to track your CVNA stock.
CVNA Feed
How to Buy Stock in Carvana Co
To reiterate, here are the 6 steps to buy stock in Carvana Co:
- Choose where to buy Carvana Co stock
- Open a brokerage account
- Fund your brokerage account
- Analyze Carvana Co stock
- Execute your CVNA buy order
- Watch your investment in CVNA
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your new investment in Carvana Co, click below.
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