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Added to YB: 2023-12-12

Pitch date: 2023-12-12

CVNA [bullish]

Carvana Co.

+1031.11%

current return

Author Info

Optimist Fund is a concentrated, global growth-oriented value investment partnership Follow on Twitter/X.

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

$39.60

Price Target

600.00 (+32%)

Dividend

N/A

EV/EBITDA

23.05

P/E

70.49

EV/Sales

2.60

Sector

Specialty Retail

Category

growth

Show full summary:
Optimist Fund's largest holding: $CVNA

$CVNA Q2 EBITDA $155M, Q3 guide $75M+; debt swap cuts $430M interest; cash flow+; '24 20% rev growth & $1B EBITDA targets; aims for 2-3M cars/yr at $2.5k profit each ($5-$7.5B); $35 now, $600 5yr PT; our top holding

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