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 $297.03, down 6.87% from the previous day, and has increased 178.27% in one year. It has overperformed other stocks in the Auto & Truck Dealerships industry by 1.53 percentage points. Carvana Co stock is currently +196.88% from its 52-week low of $100.05, and -15.48% from its 52-week high of $351.43.
There are currently 214.14M shares of CVNA outstanding. The market cap of CVNA is $63.61B. In the last 24 hours, 6.61M 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 96.44x, relative to Auto & Truck Dealerships industry P/E ratio of 52.83x
- CVNA may be overvalued based on its P/B ratio of 42.29x, relative to Auto & Truck Dealerships industry P/B ratio of 3.53x
- CVNA could be overvalued based on its PEG ratio of 2.33x
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 5.7% to 2.7% in the past year.
- CVNA earnings of $1.01B is not enough to cover its interest payments.
- CVNA has a relatively high debt to equity ratio of 4.72.
- CVNA's operating cash flow of $1.05B allows it to safely service it's debt of $6.04B.
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
Seth Basham, a top 15% analyst from Wedbush maintains CVNA with a hold rating and raises their CVNA price target from $260.00 to $290.00, on May 8, 2025.
David Lantz, a top 39% analyst from Wells Fargo maintains CVNA with a strong buy rating and raises their CVNA price target from $290.00 to $310.00, on May 8, 2025.
Colin Sebastian, a top 3% analyst from Baird maintains CVNA with a hold rating and raises their CVNA price target from $200.00 to $275.00, on May 8, 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 May 8, 2025.
Nicholas Jones, a top 1% analyst from JMP Securities maintains CVNA with a buy rating and lowers their CVNA price target from $340.00 to $275.00, on Apr 9, 2025.
JMP Securities's Nicholas Jones lowered their price target on Carvana Co (NYSE: CVNA) by 19.1% from $340 to $275 on 2025/04/09. The analyst maintained their Buy rating on the stock.
Carvana will report its Q1 2025 earnings on 2025/05/07.
In a preview note, Jones told readers to expect Carvana to continue gaining used car retail market share, but cautioned that "if overall volumes are depressed, then the company's nominal volumes will also be lower, even with accelerating share gains.
Overall, the analyst said Citizens JMP believes Carvana's disruptive approach to the industry is durable and recommends buying on the recent pullback.
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 $398.00M. During the past one years, CVNA's earnings have gone up by -45.2% per year. This was slower than the Auto & Truck Dealerships industry average of -12.47%.
Last year, CVNA revenue was $14.84B. Over the last 5 year, CVNA's revenue has grown by 28.22% per year. This was faster than the Auto & Truck Dealerships industry average of 19.07%.
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.
Ernest C. Garcia Ii, 10% Owner of CVNA, was the latest CVNA insider to sell. They sold $8,108,477.02 worth of CVNA stock on Jun 12, 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
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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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