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Zacks Investment Research on MSNWill Carvana Continue to Build on Its Cash Flow Strength in 2025?Carvana’s CVNA primary sources of operating cash flows are derived from the sale of retail vehicles, wholesale vehicles, originated loans and complementary products, including vehicle service ...
JPMorgan says that following Hindenburg Research’s short report on Carvana (CVNA), the key debates are now centered around four topics: Ally Financial (ALLY) partnership viability and new loan ...
Carvana stock is down 90% since all-time highs of the past year. Read why this looks like a secular growth story trading at deeply discounted valuations.
Apollo Global Management has agreed to buy $1.6 billion of the online used-car retailer’s bonds. The investment backstops financing for Carvana’s purchase of auction business ADESA U.S.
Carvana's acquisition of ADESA in 2022, initially seen as risky, has proven beneficial for operational efficiency and cost reduction, with SG&A decreasing by 1000 basis points since 2016.
Carvana announced its earnings report on November 3, and the weaker results led to the stock plummeting. It reported revenue of $3.386 billion, down 2.7% annually.
There was just one catch: inflation. Over the course of 2020, used car values exploded. This was great at face value. Carvana was selling a hot commodity, but used cars don’t grow on trees.
Carvana can sell you a car in 10 minutes and consumers are starting to buy used autos online. Here's how technology is putting Carvana on a nearly $4 billion annual revenue run rate.
And Carvana is concerned with building its empire first and rewarding shareholders later. To answer the headline, I'd say Carvana's stock price reflects reality and is not grossly undervalued.
Carvana's biggest group of bondholders, led by Apollo Global Management and Pacific Investment Management, are banding together in negotiations with the retailer over the restructuring of its ...
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