Added to YB: 2025-02-07
Pitch date: 2025-02-07
CVNA [bullish]
Carvana Co.
+72.34%
current return
Author Info
Equity research team focused on tech stocks (with special interest in cybersecurity and cloud). Sign up for their newsletter.
Company Info
Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States.
Market Cap
$43.8B
Pitch Price
$264.40
Price Target
300.00 (-34%)
Dividend
N/A
EV/EBITDA
23.05
P/E
70.49
EV/Sales
2.60
Sector
Specialty Retail
Category
growth
Carvana (CVNA) - Deep Dive & Addressing Hindenburg's Short Claims
CVNA: Online used car retailer w/ unique model. 34% YoY Q3 growth. ADESA acquisition expands wholesale presence. Risks: auto loan exposure (40% GP, 35% deep subprime). Ally renewed $4bn loan purchase. 3-3.6% est. loss rate. 1% mkt share in $800bn industry. DCF PT $300 (22% upside). Long-term growth potential despite risks.
Read full article (9 min)