The market expects Carvana (CVNA) to deliver a year-over-year increase in earnings on higher revenues when it reports results ...

Despite that history, the real estate stock caught fire in recent weeks, seemingly as part of a meme stock boom, as chatter ...

Analysts upgraded Carvana shares, arguing the company is a "digitally-driven disruptor" in the fractured used car market.

Key Points There are no truly safe stocks, but there are plenty of risky ones.Carvana's valuation is in the stratosphere, and ...

Looking ahead, Carvana expects some headwinds from the challenging automotive market. The company also expects a sequential decline in unit sales for the fourth quarter of 2023.

Based on Carvana's 2022 volume of 412,000 retail units sold, the business only commands about 1% of the typical 40 million or so used cars sold in the U.S. annually.

Digging into valuation, Carvana currently has a Forward P/E ratio of 285.39. For comparison, its industry has an average Forward P/E of 22.58, which means Carvana is trading at a premium to the group.

After a gut-wrenching 98% drop in 2022, shares of Carvana (NYSE: CVNA) have bounced back tremendously this year, up over 900%. This performance is on the back of the 31% gain of the Nasdaq ...

Carvana shares were up 34 percent to $116 at the market close Thursday. Carvana shares were up 4.4 percent to $121.63 in afternoon trading Friday.

Carvana (CVNA) ended the recent trading session at $206.20, demonstrating a +1.25% swing from the preceding day's closing price. The stock lagged the S&P 500's daily gain of 1.81%. On the other ...