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Carvana CVNA

Carvana scores average on business quality (5.3 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$63.73Oct 9, 2026
Business qualityAverage
Next earningsOct 28, 2026
Insiders, 90 daysBuying

Why it matters

  1. What Carvana does

    Carvana operates an e-commerce platform for buying and selling used cars, making money through vehicle retail sales, financing, and wholesale auctions. The platform targets retail consumers seeking an alternative to traditional dealerships.

  2. What it does best

    Carvana scales inventory turnover and online retail demand faster than traditional dealerships, posting revenue growth of 49% that places it in the top decile of its sector.

  3. The main risk

    Heavy debt obligations of $5.1B create vulnerability if vehicle demand softens or interest rates spike, leaving narrow room for operational error.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityWeak

Operating margins stand at 8.9% and net margins at 6.3%, showing expanding profitability as digital retail volume scales.

MoatWeak

The brand builds consumer recognition through its automated car vending machine network and fully online UX, sitting in the bottom quartile for gross margins.

GrowthFast

Revenue growth hit 49% to reach $25.1B, accelerating dramatically compared to historical declines and prior years.

Financial healthFair

Total debt sits at $5.1B with interest coverage at 5.3x, while free cash flows reach $929M, showing a softer balance sheet gaining stability.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

1 insider bought $1.5M on the open market. 1 sold $2.2M outside pre-planned sales.

Our sealed record on CVNA

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is CVNA a good business?

Carvana scores average on the Cluenex quality check (5.3 of 10), measured against its own industry. Profitability is weak, moat weak, growth fast and financial health fair.

Are insiders buying CVNA?

In the last 90 days of SEC Form 4 filings: 1 insider bought $1.5M on the open market. 1 sold $2.2M outside pre-planned sales.

When does CVNA report earnings?

Oct 28, 2026.

For members

See CVNA today

  • Today's verdict on CVNA, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “Carvana (CVNA)”, https://cluenex.com/stocks/cvna/, data as of Oct 10, 2026.