CVNA Stock Summary and Trading Ideas (Carvana Co. Class A | NYSE:CVNA)

Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.

Carvana Co. Class A trades on the NYSE stock market under the symbol CVNA.

As of March 14, 2025, CVNA stock price climbed to $181.18 with 4,220,460 million shares trading.

CVNA has a market cap of $24.29 billion. This is considered a Large Cap stock.

Last quarter Carvana Co. Class A reported $4 billion in Revenue and $.56 earnings per share. This beat revenue expectation by $207 million and exceeded earnings estimates by $.24.

In the last 3 years, CVNA traded as high as $292.84 and as low as $3.55.

The top ETF exchange traded funds that CVNA belongs to (by Net Assets): VTI, VO, VXF, VUG, VTV.

CVNA has outperformed the market in the last year with a return of +136.3%, while the SPY ETF gained +11.0%. However, in the most recent history, CVNA shares have underperformed the stock market with its stock returning -27.0% in the last 3 month period and -22.3% for the last 2 week period, while SPY has returned -6.5% and -5.3%, respectively.

CVNA support price is $156.69 and resistance is $176.65 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CVNA shares will trade within this expected range on the day.