In the last trading session, 3.75 million Carvana Co (NYSE:CVNA) shares changed hands as the company’s beta touched 3.60. With the company’s per share price at $305.21 changed hands at $5.32 or 1.77% during last session, the market valuation stood at $65.36B. CVNA’s last price was a discount, traded about -2.19% off its 52-week high of $311.88. The share price had its 52-week low at $97.55, which suggests the last value was 68.04% up since then.
Analysts gave the Carvana Co (CVNA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.90. If we narrow down to specifics, the data shows that 2 out of 25 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 11 recommended CVNA as a Hold, 12 felt it is a Buy and 0 rated the stock as Underweight.
Carvana Co (NYSE:CVNA) trade information
Instantly CVNA was in green as seen at the end of in last trading. With action 9.15%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 50.08%, with the 5-day performance at 9.15% in the green. However, in the 30-day time frame, Carvana Co (NYSE:CVNA) is 44.37% up.
The consensus price target for the stock as assigned by Wall Street analysts is 295, meaning bulls need a downside of -3.46% from its current market value. According to analyst projections, CVNA’s forecast low is 250 with 330 as the target high. To hit the forecast high, the stock’s price needs a -8.12% plunge from its current level, while the stock would need to tank 18.09% for it to hit the projected low.
Carvana Co (CVNA) estimates and forecasts
The 2025 estimates are for Carvana Co earnings to increase by 142.44%, but the outlook for the next 5-year period is at 53.83% per year.
Carvana Co (NYSE:CVNA)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 8.3797% or 9.97 million shares worth $1.28 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were T. Rowe Price Blue Chip Growth Fund, Inc. and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. With 5.43 shares estimated at $1.66 billion under it, the former controlled 4.02% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 2.83% of the shares, roughly 3.83 shares worth around $1.17 billion.
