Why Carvana stock moves
Carvana rose, an ordinary day for the stock.
Written after the close on ·
Why today
16,413 news analyzed todayCarvana rose, an ordinary day for the stock.
It moved more than the S&P 500, which also rose slightly, while its sector was roughly flat.
No company news explains the move.
Over the last five trading days the stock rose clearly while the S&P 500 fell sharply, so it moved against the market.
Insider share sales were reported, but they are background only and not the reason for the move.
Today's move of +2.07% was 1.1 times a normal day's 1.9%. S&P 500 moved +0.31% on the same day.
Carvana +2.07%S&P 500 +0.31%Much stronger than the market
What analysts expect, and how often they have been right
Analysts’ estimates for Carvana.
Carvana earned more than expected in 6 out of 8 reports.
For comparison, about 82% of reports from US companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 3 out of 8 reports with a measured move, against about 55% of reports from US companies.
Ratings
Price targets
Latest price $73.57
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expected$
Next reported quarter: expected earnings per share of $0.39 (February 17). For the current fiscal year, expected earnings per share changed from $1.54 three months ago to $1.62 now. 2026 estimate: $1.62. 2027 estimate: $2.09.
Has the share price followed the business?
Price and earnings moved in the same direction: 3 out of 3 years. Across US companies, that happens in about 65% of years. In 2025, the price changed +108% and earnings per share went from $0.32 to $1.69.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.$B
Assets, liabilities and market cap
AssetsLiabilitiesMarket cap$B
Price and earnings moved in the same direction: 3 out of 3 years.Market cap (Now): $81.2BRevenue 2025: $20.3B
What the key figures say about Carvana
The figures connect what Carvana earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: -$3.15–$1.69. Peers: Prosus 4.51 EUR, Ferrari 9.53 EUR, General Motors Company $4.57. 2026 estimate: $1.62 ($1.43–$2.67). 2027 estimate: $2.09 ($1.93–$2.37).
What the company sold during the year.
2022–2025: $10.8B–$20.3B. Peers: Prosus $9.7B, Ferrari 7.5 bn EUR, General Motors Company $187.0B. 2026 estimate: $29.7B ($29.2B–$30.1B). 2027 estimate: $37.5B ($33.9B–$40.8B).
The percentage of revenue left after the costs of running the business.
2022–2025: −11.1%–9.3%. Peers: Prosus 3.1%, Ferrari 29.7%, General Motors Company 2.3%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 16.7%–185.2%. Peers: Prosus 22.2%, Ferrari 43.8%, General Motors Company 6.3%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 49.9–127.9. Peers: Prosus 8.3, Ferrari 39.2, General Motors Company 18.9. 2026 estimate: 45.4. 2027 estimate: 35.3.
What investors pay for each unit the company sells.
2022–2025: 0.04–2.95. Peers: Ferrari 8.75, General Motors Company 0.39. 2026 estimate: 2.73. 2027 estimate: 2.17.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: 2.85–5.01. Peers: Prosus 3.15, Ferrari 0.56, General Motors Company 5.47.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 17.44–24.89. Peers: Ferrari 16.77, General Motors Company 1.16.
Cash left after investments, divided by the number of shares.
2022–2025: -$3.46–$1.25. Peers: Prosus $0.67, Ferrari 9.08 EUR, General Motors Company $0.71.
The percentage of assets financed by shareholders’ equity.
2022–2025: −6.0%–26.1%.
What to watch next, and why
The earnings report shows how Carvana's revenue and profit have changed.
- Earnings report
The earnings report shows how Carvana's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days Carvana usually moved about 13.8%. On a normal day it moves 1.9%.
+15.68% −7.36% −0.20% −7.95%
$10,000 in Carvana bought on April 28, 2017 is worth $331,000 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $35,800.
What would $10,000 in Carvana be worth today? →
What would $10,000 in Carvana be worth today?
$331,000
with dividends reinvested, bought on April 28, 2017. The same amount in S&P 500 with dividends would have become $35,800.
At worst it was worth $3,350 (December 27, 2022).
The five biggest days of the journey
· +56.0% · the whole market rose 0.6% the same day
· +46.0% · the whole market rose 0.3% the same day
· +43.0% · the whole market rose 9.4% the same day
· −42.9% · the whole market fell 0.2% the same day
· +40.2% · the whole market rose 0.2% the same day · report day
Earlier days
+7.73% market −2.70% Carvana, traded on the NYSE, rose clearly over the past five trading days. Read →
Carvana, traded on the NYSE, rose clearly over the past five trading days.
The S&P 500 fell sharply over the same days, so Carvana moved against the market.
Its sector ETF also rose clearly, so Carvana moved more than its sector.
The move was an ordinary size for the stock.
−7.07% market −4.41% Carvana fell, while the S&P 500 fell very sharply too. Read →
Carvana fell, while the S&P 500 fell very sharply too.
Trading was about twice a normal day's volume.
Needham kept Carvana as its top pick after cutting its target price, the figure it sees as fair value.
Insider share sales were filed, but those are routine background and not the reason for the move.
No company news explains the fall with certainty, so the broad market selloff is the most likely driver.
+8.81% market +1.65% Carvana rose, a very big move for the stock. Read →
Carvana rose, a very big move for the stock.
Carvana rose sharply on the same day, and the S&P 500 also rose, so Carvana moved more than the market.
The news from that day includes an analyst naming Carvana a top pick, but it came out after trading closed, so it is not the reason for the move.
Insider share sales are background only and do not explain the rise.
Over the last five trading days, Carvana rose very sharply while the S&P 500 fell slightly, so the week moved against the market.
−1.00% market +0.30% Carvana fell, against a slightly rising S&P 500. Read →
Carvana fell, against a slightly rising S&P 500.
No company news explains the move, which was an ordinary day for Carvana.
Over the last five trading days, Carvana rose very sharply, far more than the S&P 500 and its sector, after strong quarterly results.
The main drivers were record retail unit sales and higher-than-expected revenue, though the earnings per share missed expectations.
Next, watch the earnings report on Wednesday 17 February 2027.
Learn more · Why do stocks go up and down?