Full-Time
Posted on 8/15/2025
Online used-vehicle retailer with nationwide delivery
No salary listed
No H1B Sponsorship
Trenton, OH, USA
In Person
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Carvana runs an online used-vehicle marketplace where customers buy, sell, and trade cars through a nationwide digital inventory and home delivery. It lets buyers complete the entire purchase process online from viewing listings to arranging delivery, with features such as a 7-day money-back guarantee. Selling or trading a vehicle is done online in seconds, streamlining the process with instant offers and vehicle pickup or drop-off options. The service relies on a strong emphasis on convenience and transparency, leveraging technology to simplify car transactions and provide a seamless ecommerce experience. Carvana differentiates itself from competitors by offering a fully online, end-to-end process with nationwide delivery, a no-hassle return policy, and quick online trade-in capabilities, backed by a customer-first approach. The company aims to make buying, selling, and trading cars as easy and transparent as possible for consumers.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Tempe, Arizona
Founded
2012
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Carvana has filed a proxy statement urging shareholders to reject a proposal separating the chairman and CEO roles ahead of its 5 May 2026 annual meeting. Simultaneously, Bank of America downgraded the stock, warning that rising oil prices and higher interest rates could pressure the company's core lower- and middle-income customers. The company's Q1 2026 earnings on 29 April will be crucial, with investors monitoring unit growth and per-vehicle profitability amid macro headwinds. Carvana has also proposed a five-for-one stock split tied to the annual meeting, potentially broadening its shareholder base as volatility increases. Carvana's internal projections forecast $40.2 billion revenue and $3 billion earnings by 2029, requiring 25.6% annual revenue growth. However, some analysts remain cautious, projecting just $26.8 billion revenue and $1.1 billion earnings by 2028.
Carvana, the online used-car retailer with a $61.6 billion market cap, has seen its shares fall 38.2% from their 52-week high of $486.89. The stock is down 31.4% year-to-date and declined 33.8% over the past three months, underperforming the broader consumer discretionary sector. The company's shares dropped nearly 8% following its Q4 2025 results on 18 February, despite strong revenue growth of 58% to $5.6 billion and 163,522 units sold. High expenses of approximately $2.16 billion hurt margins, with adjusted EBITDA of $511 million missing expectations. However, Carvana's stock has climbed 51.7% over the past 52 weeks. Analysts remain optimistic, giving it a consensus "Strong Buy" rating with a mean price target of $444.19, representing 49.6% upside.
Carvana shares are down approximately 35% year to date in 2026, despite posting record fourth-quarter results. The online used-car retailer reported revenue of $5.6 billion, up 58% year over year, driven by a 43% increase in retail units sold to over 163,000 vehicles. For full-year 2025, Carvana sold nearly 600,000 retail units, generating record revenue of $20.3 billion, up 49% from 2024. The company reported fourth-quarter net income of $951 million, boosted by a $685 million non-cash benefit from releasing its valuation allowance against deferred tax assets, signalling management's confidence in future profitability. However, investors remain cautious due to sequential weakness in profitability metrics and the stock's demanding valuation, contributing to the sharp decline alongside broader market uncertainty.
Carvana, the US e-commerce platform for used vehicles, reported record full-year 2025 revenue of $20.3 billion, up 49% year-over-year. Fourth-quarter revenue surged 58% to $5.6 billion, beating the $5.24 billion analyst estimate, whilst diluted earnings per share of $4.22 significantly exceeded the $1.11 consensus. The company sold a record 163,522 retail units in Q4, a 43% increase from the prior year. However, adjusted EBITDA of $511 million slightly missed the $535.7 million consensus due to rising vehicle reconditioning costs. Founded in 2012 and headquartered in Tempe, Arizona, Carvana operates 39 car vending machines and offers next-day delivery in over 300 markets. The company maintains $2.33 billion in cash and targets 3 million annual vehicle sales with double-digit profit margins by 2030.
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