Carvana Co. (CVNA), headquartered in Tempe, Arizona, operates auction sites and an e-commerce platform for buying and selling used cars. With a market cap of $79.8 billion, the company offers test drives, vehicle financing, and car reviews.
Shares of this online used car retailer have underperformed the broader market over the past year. CVNA has gained 5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 20.2%. In 2026, CVNA stock is down 14.1%, compared to the SPX’s 13.2% rise on a YTD basis.
