Wow, investors are pouring money into CVNA today, it's up by 10.61 percent. The outlook is pretty good in terms of the future earning power of the company as well as the prospects for the industry.
Currently CVNA isn't at a clear support/resistance line that seems tradable. Carvana Co. hasn't shown a lot of strength recently, shareholders don't seem that energized about the Retail company's future prospects. CVNA might find some support at the 164.78 level, buyers might push the price back up from here. But it's not very clear what will happen.
Analysts are currently taking a negative view on their future outlook for Carvana Co.. It's not really bad but definitely not good. The current Analysts Sentiment Score is -87.73. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. JMP Securities reiterated a rating of Market Outperform on 2023-03-03 and added a price target of $15.00. On 2023-02-24 there was confirmation of the previous rating by Wedbush which was Underperform. DA Davidson provided a price target boost of 40% to $7.00 from $5.00 on 2023-02-21. Piper Sandler announced a lowering of their price target to $21.00 from $45.00 on 2023-02-16. On 2022-12-21 there was a downgrade announced by Truist Financial from Buy to Hold. Citigroup reiterated a rating of Neutral on 2022-12-13. Needham & Company LLC released a downgrade on 2022-12-09 from Buy to Hold. On 2022-12-09 Jefferies Financial Group lowered their price target by -50% to $5.00. William Blair downgraded from Outperform to Market Perform on 2022-12-07. Bank Of America (Bofa) downgraded the stock of Neutral on 2022-11-30.
Company | Ratings Score
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Composite analyst sentiment score
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Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
---|---|---|---|---|---|
CVNA | -87.73 | 109.82 | -307.79 | 160.41 | -137.89 |
Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
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CVNA | -35.86 | -11.06 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
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Short Interest | Days to Cover | Rate of Change | Shares Short |
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CVNA | 37.83 | %58.5699 | 2.5 | 24.486 | 50130000 |
Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Retail - Apparel & Specialty | 91 | 1.54 | 0.32 | -10.37 | 2.21 | -2.74 | -24.07 | 25.93 | 0.26 | -4.20 | -5.86 | -23718.96 | -4221.72 | 1.10 | 17.03 | 8.29 | 20.17 |
Consumer Cyclical | 415 | 1.94 | 1.65 | -8.47 | 6.55 | 3.97 | -16.27 | 24.45 | 12.84 | 6.33 | 5.63 | -20291.87 | -4239.31 | 0.72 | 19.34 | 5.93 | 19.04 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
Ticker | Social Sentiment(1-10) |
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CVNA | 3.00 |
Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SQ | Block, Inc. | 1.01 | 4.30 | 4.90 | 6.53 | 28.24 | 26.40 | -42.37 | 26 | 11.93 | 6.86 | 7.44 | -2151.25 | -3343.18 | 0 | 0 | 4.58836 |
MSCI | MSCI, Inc. | 0.83 | 1.27 | 2.69 | 5.19 | 19.23 | 23.11 | 8.72 | 54 | 42.56 | 31.79 | 38.09 | -1861.42 | -8838.19 | 0 | 0 | 1.77176 |
TWLO | Twilio Inc. | 0.79 | 4.20 | 2.85 | -1.09 | 44.98 | -12.48 | -58.58 | 21 | -2.03 | -1.52 | -8.23 | -24956.61 | -1984.44 | 0 | 0 | 1.77503 |
TRMB | Trimble Inc. Common Stock | 0.78 | 0.71 | 0.80 | -6.89 | 1.23 | -15.62 | -30.31 | 17 | -18.55 | -31.26 | -32.28 | -35297.85 | 0.00 | 0 | 0 | 1.4903 |
PINS | Pinterest, Inc. Class A C | 0.78 | 3.20 | 10.29 | 9.81 | 11.67 | 11.49 | 8.09 | 28 | 6.19 | 14.24 | 16.99 | -4295.66 | 160.32 | 0 | 0 | 4.38271 |
VRM | Vroom, Inc. Common Stock | 0.77 | 1.17 | 7.78 | -16.01 | -2.16 | -41.43 | -67.51 | 14 | -28.49 | -32.60 | -39.59 | -87830.74 | 0.00 | 0 | 150 | 11.8881 |
NOW | SERVICENOW, INC. | 0.77 | 1.21 | 4.30 | 0.13 | 15.91 | 7.10 | -22.71 | 26 | 4.01 | 3.21 | 10.97 | -17683.88 | -2322.86 | 0 | 0 | 2.09419 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.