Assessing Whether Carvana Co (NYSE: CVNA) Is Over- Or Undervalued

Carvana Co (CVNA) concluded trading on Wednesday at a closing price of $220.94, with 5.23 million shares of worth about $1.16 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 15.49% during that period and on April 23, 2025 the price saw a gain of about 4.24%. Currently the company’s common shares owned by public are about 133.27M shares, out of which, 121.69M shares are available for trading.

Stock saw a price change of 3.33% in past 5 days and over the past one month there was a price change of 3.42%. Year-to-date (YTD), CVNA shares are showing a performance of 8.64% which increased to 209.61% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $71.39 but also hit the highest price of $292.84 during that period. The average intraday trading volume for Carvana Co shares is 4.68 million. The stock is currently trading 9.16% above its 20-day simple moving average (SMA20), while that difference is up 4.75% for SMA50 and it goes to 11.70% higher than SMA200.

Carvana Co (NYSE: CVNA) currently have 133.27M outstanding shares and institutions hold larger chunk of about 87.20% of that.

The stock has a current market capitalization of $47.16B and its 3Y-monthly beta is at 3.54. PE ratio of stock for trailing 12 months is 140.52, while it has posted earnings per share of $1.57 in the same period. Its PEG reads 2.87 and has Quick Ratio of 2.44 while making debt-to-equity ratio of 4.88. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CVNA, volatility over the week remained 6.62% while standing at 10.47% over the month.

Stock’s fiscal year EPS is expected to rise by 78.35% while it is estimated to increase by 45.25% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on March 25, 2025 offering an Overweight rating for the stock and assigned a target price range of between $260 and $280 to it. Coverage by Piper Sandler stated Carvana Co (CVNA) stock as an Overweight in their note to investors on March 20, 2025, suggesting a price target of $225 for the stock. On January 08, 2025, Citigroup Upgrade their recommendations, while on January 07, 2025, RBC Capital Mkts Upgrade their ratings for the stock with a price target of $280. Stock get an Equal-weight rating from Morgan Stanley on November 05, 2024.

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