CVNA — Carvana Co

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Carvana Co

Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars. It provides vehicle acquisition, inspection and reconditioning, online search and shopping experience, financing, complementary products, logistics network and distinctive fulfillment experience, and post-sale customer support services. The company also operates auction sites. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$73.00
Market Cap$74.22B
Float702.1M
Shares Outstanding716.3M
P/E (Forward)45.25
P/E (TTM)39.11
Price/Sales (TTM)3.30
vs. Analyst Target+27.3% to analyst PT
Profit Margin6.40%
Operating Margin (TTM)9.03%
Revenue (TTM)$22.52B
Earnings Growth (YoY)11.90%
Dividend RateNone
Analyst Target Price$92.92 (23 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $5.59B -$171M $722M -$257M
2021 $12.81B -$135M $1.83B -$5.0M
2022 $13.60B -$1.59B $1.00B -$2.15B
2023 $10.77B $450M $1.72B $1.16B
2024 $13.67B $210M $2.71B $1.36B
2025 $20.32B $1.41B $4.19B -$110M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $4.84B $183M
Sep 2025 $5.65B $151M
Dec 2025 $5.60B $857M
Mar 2026 $6.43B $405M

Ownership & Float

Insider Ownership2.2%
Institutional Ownership108.9%
Short Float9.9%
% of All Funds Holding9.04%
Number of Funds Holding743

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$71.27Near-term / short-term trend
Weekly40-Week SMA$264.13Medium-term trend
Weekly80-Week SMA$265.37Cyclical trend (business cycle)
Weekly200-Week SMA$142.70Secular trend (multi-year)
Monthly10-Month SMA$280.25Near-term monthly trend
Monthly20-Month SMA$275.10Medium-term monthly trend
Monthly40-Month SMA$169.82Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$64.00 support 2.35x 0 months ago

Historical Earnings Reactions (37 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 3.75% 0.63% 51.35% 39.31% -14.85%
1 Day 4.85% 5.00% 54.05% 40.07% -38.95%
1 Week 5.78% 0.10% 51.35% 75.24% -30.41%
2 Weeks 4.85% 3.79% 56.76% 104.93% -55.56%
1 Month 9.59% 8.22% 58.33% 130.75% -73.31%

Next earnings: July 18, 2026 (51 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan10.1%44.4%9
Feb8.7%55.6%9
Mar-10.0%44.4%9
Apr5.4%66.7%9
May9.1%55.6%9
Jun34.2%88.9%9
Jul18.5%88.9%9
Aug15.3%66.7%9
Sep-9.8%33.3%9
Oct-8.6%33.3%9
Nov7.9%77.8%9
Dec-1.1%33.3%9

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.28% 51.3% 427
Tuesday 0.64% 53.8% 470
Wednesday 0.20% 49.8% 466
Thursday 0.39% 48.7% 458
Friday 0.02% 52.7% 459

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 108.9%

Insider Transactions — Smart Summary

Total insider ownership: 2.2%

Founder-led management: Ernie Garcia, III (Founder and Chief Executive Officer), Ben Huston (Co-Founder and Chief Operating Officer), Ryan Keeton (Co-Founder and Chief Brand Officer)

12-Month Insider Activity Summary

Total Filings1
Net Value+N/A
Net Shares Change-60,000
% of Float-0.0%
C-Suite Filings0
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
GARCIA ERNEST C. II -$19.9M 1 N/A

Significant Filings

DateInsiderTitleNet ValuePrice After
2027-08-06 GARCIA ERNEST C. II -$19.9M Transaction at $331.34, now -78.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Carvana Co (CVNA) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for CVNA on Trend Edge →