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Model output · Signal date 2026-11-06

Carvana Co. (CVNA) Stock Forecast Nov. 6, 2026

Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE

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Rating · 90D Unlock rating and forecasts
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage of 5150 stocks scored
Rank correlation · 90D 41.0% Spearman, 357 dates
Market Cap $81.17B large-cap · #1 of 18 peers
Summary

Carvana Co. (CVNA) stock forecast summary

Our AI scores Carvana Co. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.

Carvana Co. is a large-cap company with a market capitalization of $81.17B. It ranks number 1 by market capitalization among the 18 Retail-Auto Dealers & Gasoline Stations issuers in our coverage with a current forecast. Its P/B Ratio of 18.65x is the highest of the 16 peers that report one. Its Current Ratio of 4.05x is the highest of the 14 peers that report one.

For CVNA, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 41.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 30.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, CVNA included.

Price

CVNA price chart and AI forecast

CVNA
Cross-section · 2026-11-06

How CVNA ranks among 5150 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-09-30

Carvana Co. (CVNA) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Retail-Auto Dealers & Gasoline Stations peers listed below that report each metric.

Valuation & Market

MetricCVNAIndustry medianRank
Market Cap $81.17B $4.75B 1/18
P/E Ratio 26.56x 13.82x 2/13
P/B Ratio 18.65x 2.31x 1/16
EPS $2.77 – –
Book Value/Share $3.94 – –
Revenue/Share $24.88 – –
FCF/Share $1.01 – –

Profitability & Margins

MetricCVNAIndustry medianRank
ROE 53.1% 15.9% 3/13
ROA 15.2% 4.9% 1/12
ROIC 18.4% 12.1% 2/9
Gross Margin 19.0% 18.4% 7/14
Operating Margin 9.0% 4.2% 3/13
Net Margin 8.7% 2.8% 2/13
EBT Margin 9.0% 3.3% 3/17
Tax Rate -108.9% – –

The effective tax rate is outside the normal band, which points to a large non-recurring tax item in the trailing twelve months; headline net income, net margin and P/E are affected by it.

Financial Health

MetricCVNAIndustry medianRank
Current Ratio 4.05x 1.01x 1/14
Quick Ratio 2.43x 0.29x 1/13
D/E Ratio 2.19x 2.20x 10/17
Financial Leverage 3.49x 3.49x 8/15
Interest Coverage 1.6x 2.5x 8/13
Working Capital $6.50B $6M 1/14

Cash Flow

MetricCVNAIndustry medianRank
Operating Cash Flow $1.33B $453M 4/18
Free Cash Flow $1.11B $364M 3/14
Capital Spending -$217M -$302M 5/14
OCF Growth YoY 99.7% -10.8% 3/13
FCF Growth YoY 103.8% -11.8% 2/10
FCF/Sales 4.0% 3.5% 6/13
CapEx/Sales 0.8% 1.1% 11/13

Operational Efficiency

MetricCVNAIndustry medianRank
Asset Turnover 1.81x 1.55x 5/13
Receivables Turnover 85.8x 41.3x 2/11
Inventory Turnover 6.4x 6.4x 6/13
Fixed Assets Turnover 9.4x 7.6x 4/14
Days Sales Outstanding 4 days 9 days 10/11
Days Inventory 57 days 57 days 8/13
Payables Period 6 days 12 days 8/11
Cash Conversion Cycle 55 days 63 days 6/8

Income Statement

MetricCVNAIndustry medianRank
Total Revenue $27.45B $18.67B 4/15
Operating Income $2.40B $766M 1/14
Net Income $2.31B $663M 1/13
SG&A Expense $2.83B $2.05B 4/13
Cost of Goods Sold $22.22B $14.22B 5/15

Dividend & Shareholder Information

MetricCVNAIndustry medianRank
Shares Outstanding 1103M – –
Net Income Growth 632.0% 0.0% 1/12

Balance Sheet Highlights (USD millions)

Total Current Assets$8.63B56.8% of assets
Cash & Short-term Investments$3.05B20.1% of assets
Accounts Receivable$320M2.1% of assets
Inventory$3.46B22.7% of assets
Total Liabilities$9.54B62.8% of assets
Short-term Debt$1.75B11.5% of assets
Quarterly Financial Reports

CVNA quarterly financials and insider trading

Industry Peers · Retail-Auto Dealers & Gasoline Stations

Carvana Co. (CVNA) industry peers

Companies classified under the same SEC industry code as Carvana Co. (Retail-Auto Dealers & Gasoline Stations): 18 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
CVNA Carvana Co. $81.17B 26.6x 18.7x
CPRT Copart Inc $29.60B 20.6x 3.3x
CASY Caseys General Stores Inc $25.42B 33.1x 6.2x
PAG Penske Automotive Group, Inc. $13.94B 14.8x 2.4x
MUSA Murphy Usa Inc. $9.45B 14.7x 11.9x
KMX Carmax Inc $7.31B 24.2x 1.2x
LAD Lithia Motors Inc $6.68B 8.8x 1.0x
AN Autonation, Inc. $5.88B 8.9x 2.6x
RUSHA Rush Enterprises Inc \Tx\ $5.29B 13.8x 2.3x
OPLN Openlane, Inc. $4.22B – 2.7x
ABG Asbury Automotive Group Inc $3.64B 8.1x 1.0x
GPI Group 1 Automotive Inc $3.12B 8.2x 1.4x
SAH Sonic Automotive Inc $1.99B 8.9x 1.9x
CWH Camping World Holdings, Inc. $474M – 2.3x
KXIN Kaixin Holdings $116M – 8.8x
VRM Vroom, Inc. $35M – 0.4x
CRMT Americas Carmart Inc $13M – –
NXXT Nextnrg, Inc. $4M 1.7x –

Where CVNA sits on the market map

Trade & Services · Retail-Auto Dealers & Gasoline Stations
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News

Carvana Co. (CVNA) stock news

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FAQ

Carvana Co. (CVNA) stock forecast FAQ

What is the Carvana Co. (CVNA) stock forecast?

Our AI scores Carvana Co. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.

How accurate are Carvana Co. stock predictions?

For CVNA, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 41.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 30.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Carvana Co. forecasts updated?

Carvana Co. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.

Which companies are Carvana Co.'s industry peers?

18 issuers in our coverage, CVNA included, share the SEC industry code Retail-Auto Dealers & Gasoline Stations. The largest are: Copart Inc (CPRT), Caseys General Stores Inc (CASY), Penske Automotive Group, Inc. (PAG), Murphy Usa Inc. (MUSA), Carmax Inc (KMX), Lithia Motors Inc (LAD).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.