Carvana stock revs up as revenue tops $8 billion for the first time: Here’s what to know
Carvana Co. CVNA shares are trading higher Thursday after the company reported record third-quarter results Wednesday after ...
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
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
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
| Metric | CVNA | Rank |
|---|---|---|
| Market Cap | $81.17B | 1/18 |
| P/E Ratio | 26.56x | 2/13 |
| P/B Ratio | 18.65x | 1/16 |
| EPS | $2.77 | – |
| Book Value/Share | $3.94 | – |
| Revenue/Share | $24.88 | – |
| FCF/Share | $1.01 | – |
Profitability & Margins
| Metric | CVNA | Rank |
|---|---|---|
| ROE | 53.1% | 3/13 |
| ROA | 15.2% | 1/12 |
| ROIC | 18.4% | 2/9 |
| Gross Margin | 19.0% | 7/14 |
| Operating Margin | 9.0% | 3/13 |
| Net Margin | 8.7% | 2/13 |
| EBT Margin | 9.0% | 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
| Metric | CVNA | Rank |
|---|---|---|
| Current Ratio | 4.05x | 1/14 |
| Quick Ratio | 2.43x | 1/13 |
| D/E Ratio | 2.19x | 10/17 |
| Financial Leverage | 3.49x | 8/15 |
| Interest Coverage | 1.6x | 8/13 |
| Working Capital | $6.50B | 1/14 |
Cash Flow
| Metric | CVNA | Rank |
|---|---|---|
| Operating Cash Flow | $1.33B | 4/18 |
| Free Cash Flow | $1.11B | 3/14 |
| Capital Spending | -$217M | 5/14 |
| OCF Growth YoY | 99.7% | 3/13 |
| FCF Growth YoY | 103.8% | 2/10 |
| FCF/Sales | 4.0% | 6/13 |
| CapEx/Sales | 0.8% | 11/13 |
Operational Efficiency
| Metric | CVNA | Rank |
|---|---|---|
| Asset Turnover | 1.81x | 5/13 |
| Receivables Turnover | 85.8x | 2/11 |
| Inventory Turnover | 6.4x | 6/13 |
| Fixed Assets Turnover | 9.4x | 4/14 |
| Days Sales Outstanding | 4 days | 10/11 |
| Days Inventory | 57 days | 8/13 |
| Payables Period | 6 days | 8/11 |
| Cash Conversion Cycle | 55 days | 6/8 |
Income Statement
| Metric | CVNA | Rank |
|---|---|---|
| Total Revenue | $27.45B | 4/15 |
| Operating Income | $2.40B | 1/14 |
| Net Income | $2.31B | 1/13 |
| SG&A Expense | $2.83B | 4/13 |
| Cost of Goods Sold | $22.22B | 5/15 |
Dividend & Shareholder Information
| Metric | CVNA | Rank |
|---|---|---|
| Shares Outstanding | 1103M | – |
| Net Income Growth | 632.0% | 1/12 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $8.63B | 56.8% of assets |
| Cash & Short-term Investments | $3.05B | 20.1% of assets |
| Accounts Receivable | $320M | 2.1% of assets |
| Inventory | $3.46B | 22.7% of assets |
| Total Liabilities | $9.54B | 62.8% of assets |
| Short-term Debt | $1.75B | 11.5% 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.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| CVNA Carvana Co. | $81.17B | |
| CPRT Copart Inc | $29.60B | |
| CASY Caseys General Stores Inc | $25.42B | |
| PAG Penske Automotive Group, Inc. | $13.94B | |
| MUSA Murphy Usa Inc. | $9.45B | |
| KMX Carmax Inc | $7.31B | |
| LAD Lithia Motors Inc | $6.68B | |
| AN Autonation, Inc. | $5.88B | |
| RUSHA Rush Enterprises Inc \Tx\ | $5.29B | |
| OPLN Openlane, Inc. | $4.22B | |
| ABG Asbury Automotive Group Inc | $3.64B | |
| GPI Group 1 Automotive Inc | $3.12B | |
| SAH Sonic Automotive Inc | $1.99B | |
| CWH Camping World Holdings, Inc. | $474M | |
| KXIN Kaixin Holdings | $116M | |
| VRM Vroom, Inc. | $35M | |
| CRMT Americas Carmart Inc | $13M | |
| NXXT Nextnrg, Inc. | $4M |
Where CVNA sits on the market map
Trade & Services · Retail-Auto Dealers & Gasoline Stations
News
Carvana Co. (CVNA) stock news
Carvana Stock After Q3 Earnings: Should You Buy, Hold or Sell?
CVNA's declining unit profitability, rising operating costs and substantial debt raise concerns about margins, expansion ...
Is Trending Stock Carvana Co. (CVNA) a Buy Now?
The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for ...
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.