Carvana Co. (CVNA) AI Stock Analysis

Carvana Co. and its subsidiaries operate an e-commerce platform designed for buying and selling used cars across the United States. Founded in 2012 and based in Tempe, Arizona, the company utilizes 360-degree vehicle imaging technology to allow customers to inspect vehicles online. Beyond vehicle sales, the platform provides integrated financing options and warranty coverage. Customers can complete purchases from desktop or mobile devices and choose between delivery to a preferred location or vehicle pick-up.

Carvana grew annual revenue from $12.81B in FY2021 to $20.32B in FY2025, reflecting a 5-year revenue CAGR of 29.5% from FY2020 to FY2025. After recording net losses of -$135.0M in FY2021 and -$1.59B in FY2022, profitability improved to a net income of $450.0M in FY2023, $210.0M in FY2024, and $1.41B in FY2025. Operating margin expanded from -0.8% in FY2021 to 9.3% in FY2025. Over the trailing twelve months, revenue reached $25.06B with an operating margin of 9.2% and EPS of $1.89. In the quarter ended June 30, 2026, quarterly revenue grew 52.4% year-over-year, and quarterly earnings grew 61.5%.

As of June 30, 2026, Carvana held $3.13B in cash and short-term investments and $5.62B in total debt, resulting in net debt of $2.49B. Shareholders' equity was $4.03B, with a debt-to-equity ratio of 1.40 and a current ratio of 3.93. Free cash flow stood at $889.0M in FY2025, supported by $1.04B in operating cash flow against capital expenditures of $147.0M. Share issuance was $64.0M in FY2025, and share count increased 70.2% over 5 years.

Carvana carries a market cap of $65.21B and an enterprise value of $72.86B. Its trailing P/E of 31.1x and forward P/E of 29.9x compare to the median of its S&P 500 Consumer Cyclical peers of 19.7x and 15.6x, respectively. The stock trades at an EV/EBITDA of 513.1x versus the peer median of 13.2x, and a price-to-sales ratio of 2.6x versus 2.0x. Over the past year, CVNA delivered a return of -14.7%, while the SPY S&P 500 benchmark gained 16.8%.

Wall Street coverage includes 10 Strong Buy, 6 Buy, 7 Hold, 0 Sell, and 1 Strong Sell ratings. The mean price target of $82.19 sits 39.7% above the last close of $58.83. Consensus estimates project FY2026 revenue of $29.02B with EPS of $1.56, representing an estimated EPS decline of 7.5%. For FY2027, 14 analysts project revenue of $36.47B and EPS of $2.26. Carvana beat EPS estimates in 2 of the past 4 quarters, and its next earnings date is October 28, 2026.

This page is an AI-written research summary of Carvana Co. (CVNA). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: CVNA income statement, CVNA balance sheet, CVNA key metrics, CVNA analyst forecast, CVNA chart. See the CVNA stock overview for the latest quote and news.