InsiderStreet Equity Research

Produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation for any investor. Do not rely on it for any investment decision.

Last Close

$58.83

2026-10-16

Market Cap

$64.5B

Volume

8.3M

52-Wk High

$97.38

52-Wk Low

$54.46

Trailing PE

20.3

P/S

2.58

Gross Margin

19.4%

Net Margin

6.3%

ROE

47%

ROIC

-67%

Piotroski

5/9

Altman Z

6.4

1-Yr Return

-14.7%

5-Yr Return

+284.0%

Carvana Co., along with its subsidiaries, operates a digital platform facilitating the purchase and sale of pre-owned vehicles across the United States. Their comprehensive services span the entire customer journey, including sourcing and reconditioning automobiles, providing an intuitive online browsing and transaction experience, offering financing solutions, and supplying complementary products. The company also manages its own specialized logistics network for distinctive delivery and pickup options, alongside providing extensive post-sale support. Furthermore, Carvana operates various vehicle auction sites. This company was established in 2012 and maintains its headquarters in Tempe, Arizona.

SectorConsumer CyclicalIndustryAuto - DealershipsExchangeNYSEMarket Cap$64.5BEmployees23,100 (SEC-filed)CEOErnest C. GarciaIPO2017-04-28CountryUS

300 East Rio Salado Parkway, Tempe, AZ 85281 · Tel 602 922 9866 · carvana.com

INSIDERSTREET SCORE61 / 100Street mean $83.88 (17 analysts, last qtr) — their number, not ours

INSIDER CONSENSUS SIGNALTWO-WAY FLOW$3.1M buys against $1971.3M sells / 6 mo

INSIDERSTREET
SCORE61of 100

Score Breakdown

Profitability	48/100
Growth	82/100
Momentum	83/100
Quality	54/100
Earnings Quality	72/100
Balance Sheet	48/100
Value	37/100
Risk (safety)	100/100
Overall	60.6/100

Each component is a diagnostic reading on its own 0-100 scale. The overall score is computed separately from the underlying financials and is not the average of the rows above — components are not equally weighted and three of them (Momentum, Value, Risk) are derived partly from price rather than from the business.

Peer Comparison — IS Score

Symbol	IS Score
PAG	44
KMX	29
LAD	17
ORLY	63
SE	66
GM	27
CVNA	61

IS Score Trend — quarterly

14 quarters, 23 Q1 to 26 Q2. Peak 65 in 25 Q4, latest 61 — -5 since. Fell in 1 of the last 4 quarters. Dashed line marks 40 on the 0-100 scale.

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NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

1 Year vs S&P 500 · CVNA -14.7% · S&P 500 +15.9% · spread -30.5pp

7 Years vs S&P 500 · CVNA +284.0% · S&P 500 +189.9% · spread +94.1pp

Both charts indexed to 100 at the start of their window and drawn on a single shared scale, so the gap to the benchmark is the gap you see. Adjusted closes throughout.

BUSINESS QUALITY61 / 100IS Score 60.6 / 100 · -4.9 from peak of 65

Fundamental factor model, quarterly. Measures how the business is doing - not where the price is going.

PRICE STRUCTUREBEARISHTechnical Score 22 / 100 · Power -55 · 3 of 22 indicator votes bullish

Vote share across trend, momentum, volume, volatility and pattern families. Describes where the price is, not where it is going.

These two disagree — business quality 61, price structure 22 out of 100, so the business reads better than the price does. We publish the disagreement rather than resolving it: they answer different questions, and the gap between them is information, not an error.

Trigger	Where it stands now	What it would mean
IS Score reaches 75 and holds two consecutive quarters	now 60.6	would move us up one band
IS Score stops falling - one quarter higher than the prior	last four: 62 → 65 → 55 → 61	the direction matters more than the level
Technical vote share back above 50%	now 0%	price structure no longer broken
Institutional holder count rises two quarters running	peak 855 → now 819	fewer institutions willing to hold is our clearest warning

We publish these so the view can be shown to be wrong. If none of them move and our reading does, we owe you an explanation.

This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Site Convergence Score4 of 4top 0% of 29,420 symbols

Sources Aligned— of 3independent disclosures

Congress (180d)4 buys2026-09-11

Insider Buys (180d)4$3.09M

ETF Funds (30d)928 up / 745 downnet +183 funds

Institutions Added (13F)39managers opening or increasing

Congressional and insider figures are disclosed purchases in the trailing 180 days; ETF figures are COUNTS OF FUNDS whose holding changed in 30 days, not dollars. Coincidence of separate disclosures, not coordination. An absent source means nothing qualifying was disclosed in its window.

Institutions holding — 12 quarters

Peak 855 · latest 819 (-36 from peak).

Quarter	Holders	13F shares	Value	Reported own%	Guard
2026 Q2	819	745.7M	$43.5B	103.9%	ex-outlier 92.1%
2026 Q1	780	3766.0M	$41.5B	524.7%	ex-outlier 522.3%
2025 Q4	855	3657.4M	$53.8B	509.5%
2025 Q3	777	3397.8M	$44.9B	473.5%
2025 Q2	745	3306.0M	$38.8B	460.7%
2025 Q1	616	3084.0M	$22.4B	429.7%
2024 Q4	587	3142.6M	$22.7B	437.8%
2024 Q3	489	2982.4M	$18.3B	415.5%
2024 Q2	411	2914.9M	$13.4B	406.2%
2024 Q1	335	2910.1M	$9.4B	405.5%
2023 Q4	293	2979.4M	$5.9B	415.2%
2023 Q3	256	2768.3M	$6.1B	385.7%

How to read ownership above 100%. A 13F reports the positions a manager has investment discretion over, and where two or more managers share discretion over the same block, each one reports it. Summed across filers, the total can therefore exceed the shares actually outstanding without anything being wrong. We publish the figure as filed rather than netting it down, and flag separately any quarter where the arithmetic is not merely high but impossible.

Why 2026-06 reads 103.91%. Institutions cannot hold more of a company than exists. The reported 745.7M shares exceed the 717.7M outstanding, and a single filer accounts for the excess: PRICE T ROWE ASSOCIATES INC /MD reports 84,695,539 shares against 17,781,707 the prior quarter, a 5x jump, which alone would be 11.8% of the company. Excluding that filing, ownership is 92.1%. We publish both figures. 13F filings are due 45 days after quarter end and amendments keep arriving after that, so the newest quarter is provisional by construction - this is what an unsettled quarter looks like.

Why 2026-03 reads 524.75%. Institutions cannot hold more of a company than exists. The reported 3766.0M shares exceed the 717.7M outstanding, and a single filer accounts for the excess: PRICE T ROWE ASSOCIATES INC /MD reports 17,781,707 shares against 17,726,838 the prior quarter, a 1x jump, which alone would be 2.5% of the company. Excluding that filing, ownership is 522.3%. We publish both figures. 13F filings are due 45 days after quarter end and amendments keep arriving after that, so the newest quarter is provisional by construction - this is what an unsettled quarter looks like.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Insider	Role	Date	Type	Shares	Value	Post-Txn Owned
Taira Thomas	President, Special Projects	2026-10-12	SELL	5,597	$0.36M	357,442
Keeton Ryan S.	Chief Brand Officer	2026-10-01	TAX W/H	2,883	$0.18M	426,627
Garcia Ernest C. Iii	director, 10 percent owner, Chief Executive Officer	2026-10-01	TAX W/H	7,067	$0.45M	4,709,732
Palmer Stephen R	Vice President of Accounting	2026-10-01	TAX W/H	3,021	$0.19M	125,865
Palmer Stephen R	Vice President of Accounting	2026-10-01	SELL	920	$0.05M	124,945
Palmer Stephen R	Vice President of Accounting	2026-10-01	SELL	840	$0.05M	124,105
Palmer Stephen R	Vice President of Accounting	2026-10-01	SELL	920	$0.06M	123,185
Palmer Stephen R	Vice President of Accounting	2026-10-01	SELL	2,320	$0.15M	120,865

6-mo decomposition (Form 4)	Txns	Shares	Value	Signal weight
S — Open-market sales	177	4,730,248	$1971.3M	Counted
P — Open-market purchases	4	50,000	$3.1M	Counted
M — Exercises (paired A/D)	14	81,150	$1.2M	None — mechanics
F — Tax withholding	71	312,323	$50.0M	None — compensation
G — Gifts	1	7,827	—	None

Monthly Net Insider Flow (000 shares)

Net of acquisitions minus dispositions, all Form 4 types.

Signal Summary

SignalTwo-Way Flow

Open-Market Sells$1971.3M177 txns / 6 mo

Open-Market Buys$3.1M4 txns / 6 mo

ClusterNone active3+ insiders / 21 days

Filed	Filer	Shares registered	Est. proceeds
2026-10-13	Thomas Taira	5,597	$0.4M
2026-10-01	Mark Jenkins	63,750	$4.0M
2026-09-14	Thomas Taira	16,789	$1.2M
2026-09-01	Bhjc Trust	50,000	$3.7M
Trailing 12 mo	60 filings	5,276,316	$1877M

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Filed	Form	Reporting person	% of class	Shares
2026-08-12	SCHEDULE 13G/A	Capital Research Global Investors	8.90%	63.4M sh
2026-05-14	SCHEDULE 13G	Capital Research Global Investors	7.60%	10.9M sh
2026-05-06	SCHEDULE 13G	Abigail P. Johnson	5.20%	7.4M sh
2026-05-01	SCHEDULE 13D/A	Ernest C. Garcia II	22.90%	42.4M sh

Member	Chamber	Trade	Size band	Traded	Disclosed
Ro Khanna	House	BUY	$1,001 - $15,000	2026-09-11	2026-10-09
Ro Khanna	House	BUY	$1,001 - $15,000	2026-09-04	2026-10-09
Ro Khanna	House	BUY	$1,001 - $15,000	2026-07-07	2026-08-12

House 12-Mo15 trades9 purchases

Senate 12-Mo0 tradesNone purchases

CoverageSTOCK Act filings30-45 day disclosure lag

13F Filers (last complete Q)780

13F Shares151M21.0% of shares out

New / Closed112 / 172positions, QoQ

Increased / Reduced305 / 277positions, QoQ

Put/Call (13F)1.31option positions

Free Float91.3%1.00B sh

2.8 · Largest Reporting 13F Managers

Manager	Shares	Value
Chicago Capital, Llc	606,456	$38M
Czech National Bank	206,849	$13M
Mn Services Vermogensbeheer B.V.	187,490	$12M
Fjarde Ap-Fonden /Fourth Swedish N	163,288	$10M
Ifm Investors Pty Ltd	152,258	$10M
Avanza Fonder Ab	73,414	$5M

EDGAR 13F holdings as of 2026-09-30; filer values normalized to dollars.

2.9 · Top ETF & Fund Ownership

Fund	Weight	Position
VITSX	0.1%	$1.4B
VTSAX	0.1%	$1.4B
VTI	0.1%	$1.4B
VSMPX	0.1%	$1.4B
VOO	0.1%	$1.2B
VFIAX	0.1%	$1.2B

13F Filers Holding CVNA — quarterly

Institutional Put/Call — quarterly

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Daily short-sale volume as % of volume reported in FINRA's short-sale file — a flow measure, not short interest; dashed = 50-day average.

Latest Session65.7%2026-10-15

20-Day Avg60.6%50-day 58.5%

TrendRising20d vs 50d

By Market CenterQ: 66% · N: 82% · B: 37%latest session

Weekly Notional ($B)

Where CVNA Trades in the Dark

ATS Venue (4-wk)	Shares	Avg trade
Ubsa Ubs Ats	4.9M	40 sh
Incr Intelligent Cross Llc	4.4M	32 sh
Sgmt Sigma X2	3.1M	34 sh
Iats Ibkr Ats	2.1M	63 sh
Mspl Ms Pool (Ats-4)	2.1M	89 sh
Ebxl Level Ats	1.9M	28 sh

Where a dollar of Carvana Co. revenue goes. All values FY2025 filings, live.

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NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

CVNA (live moat model)Peer median: PAG · KMX · LAD · ORLY · SE

Component scores from the live moat model. Peer median illustrative.

Moat score 54/100 — Weak; primary source Efficient Scale.

3.8 · Employees (SEC filings)

Officer	Title
Mark Jenkins	Chief Financial Officer
Benjamin Huston	Co-Founder & Chief Operating Officer
Ernest C. Garcia	Co-Founder, President, Chief Executive Officer & Chairman
Daniel Gill	Chief Product Officer

Revenue ($B)

EPS ($) — GAAP diluted actual, street-basis estimate

Actual bars are GAAP diluted EPS from the filed income statement; the lighter forward bars are street-basis consensus. The two are different measures and are not comparable quarter to quarter.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Quarterly EPS — Actual vs. Consensus

Beats (>2%)5 of 6recent quarters

Avg Surprise+62.6%

Next Report2026-10-28

Income Quality0.55OCF ÷ net income

Beat Rate—%0 of 0 quarters

Current Streak0longest 0

Avg EPS Surprise—%median —%

Surprise Trend—last 4 vs prior 4

Period	EPS est.	EPS actual	EPS surprise	Rev est. ($M)	Rev actual ($M)	Rev surprise

Announcement dates to . Consensus as it stood at each report. Revenue surprise shown where both estimate and actual are filed. A beat record is history, not a forecast.

Profit Margins (%)

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Revenue by Segment — Stacked

Live segmentation data.

YoY Growth Heatmap — Income Lines

YoY growth	FY21	FY22	FY23	FY24	FY25
Revenue	+129.4%	+6.2%	-20.8%	+26.9%	+48.6%
Gross profit	+153.1%	-45.2%	+53.9%	+75.9%	+54.6%
Operating income	-68.7%	+1332.7%	-95.6%	-1641.5%	+87.7%
Net income	-21.1%	+1075.6%	-128.4%	-53.3%	+570.0%

$B · FY ends	FY21	FY22	FY23	FY24	FY25
Revenue	12.8	13.6	10.8	13.7	20.3
Cost of revenue	11.0	12.6	9.2	11.0	16.1
Gross profit	1.8	1.0	1.5	2.7	4.2
R&D expense	0.0	0.0	0.0	0.0	0.0
SG&A expense	1.9	2.5	1.6	1.7	2.3
Operating income	-0.1	-1.5	-0.1	1.0	1.9
EBITDA	-0.0	-2.1	1.2	1.4	-0.1
D&A	0.1	0.3	0.4	0.3	0.3
Pretax income	-0.3	-2.9	0.2	0.4	-0.9
Income tax	0.0	0.0	0.0	-0.0	-2.8
Net income	-0.1	-1.6	0.5	0.2	1.4
Diluted EPS ($)	-1.63	-15.74	4.12	1.59	8.45
Diluted shares (M)	83	101	109	132	224

Operating CF$1B

CapEx$0B

Free cash flow$1B

SBC$0B

Buybacks$0B

Net cash change$1B

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Balance Sheet — Full

$B	FY22	FY23	FY24	FY25
Cash & equivalents	0.4	0.5	1.7	2.3
ST investments	0.3	0.4	0.5	0.0
Receivables (net)	0.3	0.3	0.3	0.2
Total current assets	4.6	3.3	4.9	6.5
PP&E (net)	3.8	3.4	3.2	3.3
Goodwill + intangibles	0.1	0.1	0.0	0.1
Total assets	8.7	7.1	8.5	13.2
Accounts payable	0.2	0.2	0.2	0.0
Short-term debt	1.7	0.9	0.4	0.2
Deferred revenue	0.0	0.0	0.1	0.0
Total current liabilities	2.6	1.5	1.3	1.5
Long-term debt	6.6	5.4	5.3	0.4
Total liabilities	9.8	7.5	7.1	9.0
Shareholders' equity	-1.1	-0.4	1.4	4.2

Cash Flow Statement — Full

$B	FY22	FY23	FY24	FY25
Net income	(2.9)	0.2	0.4	1.9
D&A	0.3	0.4	0.3	0.3
Stock-based compensation	0.1	0.1	0.1	0.1
Working capital change	1.4	0.6	(0.2)	(0.5)
Operating cash flow	(1.3)	0.8	0.9	1.0
Capital expenditures	(0.5)	(0.1)	(0.1)	(0.1)
Investing cash flow	(2.6)	0.0	(0.0)	(0.2)
Buybacks	0.0	0.0	0.0	0.0
Dividends paid	0.0	0.0	0.0	0.0
Debt issuance / (repay)	2.8	(1.2)	(1.0)	(0.7)
Financing cash flow	3.9	(0.9)	0.3	(0.1)
Free cash flow	(1.8)	0.7	0.8	0.9

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Balance Sheet Structure ($B)

Cash Generation vs Capex ($B)

Left: what the balance sheet is made of — the gap between the assets bar and the liabilities bar is book equity. Right: whether the capex bar is covered by the operating-cash bar; where it is not, the difference was funded externally and free cash flow goes negative.

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
PROFITABILITY
ROE	-38.9%	1497.2%	-327.3%	27.9%	59.9%	47%
ROA	-2.7%	-20.2%	5.7%	2.7%	13.0%	10.8%
ROIC	-1.4%	-15.6%	-1.0%	19.7%	85.1%	-66.9%
Gross margin	14.3%	7.4%	14.3%	19.8%	20.6%	19.4%
Operating margin	-0.8%	-11.0%	-0.6%	7.3%	9.3%	8.9%
Net margin	-1.1%	-11.7%	4.2%	1.5%	6.9%	6.3%
EBITDA margin	-0.0%	-15.8%	10.8%	9.9%	-0.5%	0.6%
FCF margin	-24.6%	-13.5%	6.6%	6.0%	4.4%	—
VALUATION
P/E	-29.86	-0.06	2.69	27.09	67.64	20.3
P/B	13.17	-0.19	4.97	4.51	27.66	10.5
P/S	0.31	0.01	0.11	0.42	4.68	2.58
P/FCF	-1.28	-0.05	1.69	6.88	107.05	69.5
EV/EBITDA	-2350.37	-3.80	6.06	7.05	-849.78	475.5
EV/Revenue	0.73	0.60	0.65	0.70	4.60	2.7
Earnings yield	-3.3%	-1580.7%	37.2%	3.7%	1.5%	3.71%
FCF yield	-78.2%	-1828.7%	59.3%	14.5%	0.9%	1.44%

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
LEVERAGE & SOLVENCY
Current ratio	1.69	1.77	2.16	3.64	4.31	3.93
Quick ratio	0.60	1.05	1.41	2.44	2.73	2.33
Debt / equity	18.87	-17.02	27.60	4.80	0.18	1.40
Debt / assets	82.3%	101.4%	94.8%	71.3%	4.8%	38.6%
Net debt / EBITDA	-1342.75	-3.76	5.01	2.85	15.40	21.06
Interest coverage	-0.62	-4.95	1.28	1.61	-0.76	—

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
EFFICIENCY
Asset turnover	2.55	1.73	1.37	1.76	1.87	1.72
Receivables turnover	89.92	59.28	41.51	48.06	74.17	16.7
DSO (days)	4	6	9	8	5	22
DPO (days)	3	5	9	8	3	26
Cash conversion cycle	71	74	60	46	47	54
GROWTH (YoY)
Revenue growth	129.4%	6.2%	-20.8%	26.9%	48.6%	—
Net income growth	21.1%	-1075.6%	128.4%	-53.3%	570.0%	—
EPS growth	33.6%	-865.0%	126.3%	-61.9%	-16.9%	—
FCF growth	-225.4%	41.7%	139.0%	15.5%	7.5%	—
PER SHARE ($)
EPS (diluted, TTM)	-1.55	-14.98	3.94	1.50	1.25	2.18
Book value / share	3.52	-4.89	2.13	9.01	3.05	7.16
Revenue / share	147.39	128.45	94.39	97.76	18.02	34.91
FCF / share	-36.24	-17.34	6.27	5.91	0.79	1.29
Cash / share	4.64	7.13	7.85	15.59	2.06	4.36
SHAREHOLDER RETURN & SCORES
Buyback yield	1.0%	0.0%	0.4%	0.0%	0.0%	0.07%
Altman Z-Score	2.39	0.60	1.98	2.77	8.25	6.4
Piotroski F-Score	3	2	7	7	6	5/9
Beneish M-Score	0.84	-0.98	-2.98	-2.65	-0.37	1.37

Model	Score	Zone	Note
Piotroski F-Score	5 / 9	Middling
Altman Z-Score	6.4	Safe (>2.99)	Safe
Income quality	0.55	Accrual-heavy	OCF ÷ net income
Beneish M-Score	1.37	Elevated	vs −2.22 threshold

DuPont Decomposition (TTM)	Value
Tax burden	-2.84
Interest burden	4.25
Operating margin	-0.5%
Asset turnover	2.10×
Financial leverage	4.15×
= ROE	54%

Growth Quality (live)	Value
Revenue stability	0.76
Earnings stability	0.52
Earnings persistence	0.50
Revenue CAGR 3y	28.5%
EPS CAGR 3y	—
FCF CAGR 3y	—

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NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Buyback Yield0.07%

Dividend Yield0.00%none paid

Total Shareholder Return-1.09%cash yield

SBC / Revenue0.3%dilution pressure

Company	Mkt cap	P/E	ROE	Net margin	Rev growth	Piotroski	1-yr ret
PAG	$13.9B	15.6	16%	3.1%	+7.7%	5/9	+26.6%
KMX	$7.6B	25.0	5%	2.1%	+3.0%	6/9	+23.2%
LAD	$6.5B	9.7	11%	2.7%	+2.1%	3/9	-3.4%
ORLY	$72.2B	28.2	-173%	14.6%	+8.5%	8/9	-11.8%
SE	$57.4B	34.6	15%	5.7%	+43.1%	6/9	—
GM	$73.7B	42.0	3%	2.7%	-1.1%	6/9	—
RCL	$74.3B	17.1	45%	23.3%	+8.7%	6/9	—
NKE	$55.1B	17.8	22%	6.3%	-1.2%	5/9	—

1-yr returns computed from adjusted price history; peers without a tracked series show —.

Hold

46 Analysts

Str Sell (1)Sell (2)Hold (22)Buy (21)Str Buy (0)

Mean Target (qtr)$83.8817 targets

Target vs. Price+42.6%last-quarter mean

Next Report2026-10-28street $0.44

Consensus estimates	Revenue mean	High / Low	EPS mean	High / Low	# EPS est.
FY2026	$29.01B	$30.16B / $28.24B	$1.62	$1.80 / $1.57	9
FY2027	$36.48B	$39.43B / $34.42B	$2.20	$2.34 / $2.11	11
FY2028	$44.95B	$51.68B / $38.67B	$2.73	$3.00 / $2.41	7

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Street Price Target — Trajectory

Window	Avg Target	vs. Price	# Targets
Last Month	$85.80	+45.8%	5
Last Quarter	$83.88	+42.6%	17
Last Year	$308.92	+425.1%	51
All Time	$244.87	+316.2%	128

Rolling mean of published targets vs. last close $58.83. Aggregated from StreetInsider, Benzinga, Pulse 2.0.

Third-Party Composite Rating

B

DCF

1/5

ROE

5/5

ROA

5/5

Debt/Eq

2/5

P/E

3/5

P/B

1/5

Independent quant composite as of 2026-10-16; components scored 1–5 (5 best). Shown for contrast with the InsiderStreet Score — methodologies differ.

CVNA -14.7% vs S&P 500 +15.9% — spread -30.5pp

Sector — XLY -3.2%

Peer Set — indexed to 100

All series indexed to 100 at the start of the window, adjusted closes.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Candlesticks with SMA 20/50 overlay, Bollinger (20,2σ) band, volume, and Wilder RSI(14) — computed from live daily OHLCV.

Moving Average	Value	Distance	% Distance	Signal
SMA 20	$62.69	-3.86	-6.16%	Below
SMA 50	$67.98	-9.15	-13.46%	Below
SMA 200	$70.59	-11.76	-16.66%	Below
EMA 9	$60.79	-1.96	-3.22%	Below
EMA 21	$62.94	-4.11	-6.53%	Below
EMA 50	$65.65	-6.82	-10.39%	Below
EMA 200	$68.27	-9.44	-13.83%	Below

Series and readings from the nightly technical-indicator history — identical data to the site's ribbon chart. Supertrend segments colored by direction.

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TECHNICAL VERDICTBEARISHPower Score -553 of 22 indicator votes bullish

Family Scores (site weights)

Trend 30%0

Momentum 25%18

Volume 20%44

Volatility 10%17

Patterns 15%50

This Week0% bullishof 11 price-based votes

4 Weeks Ago0%+0 pts since

12 Weeks Ago0%+0 pts since

ReadStabilizingweek-over-week trajectory

Price vs SMA 20$62.69

Price vs SMA 50$67.98

Price vs SMA 200$70.59

EMA 9/21 Cross60.8/62.9

SMA 50/200Death

ADX DirectionADX 25

Supertrend$67

Parabolic SAR$64

SMA Slope-0.310

RSI38.2

Stochastic K/D29/26

StochRSI K/D40/32

Williams %R-74

CCI-114

TSI vs Signal-21.1

CMO-23.5

ROC-7.75%

OBV SignalAccum

Chaikin MF-0.020

MFI39

Force Index-4M

Elder Ray Bull-0.72

RSI (14)30 oversold · 70 overbought

Stochastic %Kvs %D 26

Money Flowvolume-weighted RSI

ADXtrend strength · <20 weak

Williams %Rinverted scale

Level	Value	Level	Value
Pivot / R1 / R2	$59.79 / $62.20 / $63.79	S1 / S2	$58.20 / $55.79
Bollinger (20,2)	$58.11 – $67.27	Squeeze	ON
52-wk range	$54.46 – $97.38	Off 52-wk high	-39.6%
ATR (14)	$3.27 (5.6%)	Historical vol	51.2%

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

+12.4%Jan67%

+5.9%Feb44%

-1.1%Mar44%

+4.1%Apr56%

+8.4%May56%

+33.0%Jun89%

+18.5%Jul89%

+13.6%Aug78%

-9.7%Sep22%

-10.3%Oct33%

+6.0%Nov67%

-3.7%Dec44%

Sample: 9 years — treat short histories as suggestive, not statistical.

Computed from live weekly prices	CVNA	S&P 500
Weekly volatility (σ, 1y)	6.93%	1.83%
Best / worst week (1y)	+19.6% / -13.8%	—
Max drawdown (5y, monthly)	-98.7%	—
1-week VaR (95%)	-11.3%	—
Beta (5y)	3.50	1.00

CVNA EQUITY WEATHER (LIVE)RAINY · -25

Trend-46

Momentum-45

Volume+38

Volatility-30

Breadth-31

MARKET REGIME (2026-10-16)NEUTRAL

VIX19.99Normal

Dow TheoryConfirmed Bearish

SPY / QQQ TSI7.2 / 4.7trend strength

Sector Strength46/100breadth average

Average sentiment of 282 stories, weekly buckets, −1 to +1.

This space intentionally left blank — the next section begins on the following page

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Overall-24.9+0.2 vs industry

Trend-45.6-16.8 vs industry

Momentum-45.1-23.1 vs industry

Volume+38.2+54.4 vs industry

Reading	CVNA	Auto - Dealerships n=132	Consumer Cyclical n=5,686	All US symbols n=70,435
Overall	-24.9	-25.1	-20.5	-20.5
Trend	-45.6	-28.8	-25.1	-21.3
Momentum	-45.1	-22.0	-15.0	-15.8
Volume	+38.2	-16.1	-10.0	-3.8

Trend, momentum and volume are computed per company. Volatility and breadth are market-regime values shared by every symbol in the universe, so they are reported once under Market Regime rather than compared here - a company cannot differ from its sector on a constant.

Executive	Total comp	Structure
Ernest Garcia III Chief Executive Officer	$5.1M	21% equity+incentive
Mark Jenkins Chief Financial Officer	$5.0M	21% equity+incentive
Benjamin Huston Chief Operating Officer	$5.0M	21% equity+incentive
Daniel Gill Chief Product Officer	$4.5M	21% equity+incentive
Tom Taira President, Special Projects	$3.3M	18% equity+incentive

Pillar (live disclosure scores)	Score
Environmental	63
Social	70
Governance	73
Composite ESG	69

Composite ESG Trend

Filed	8-K contents	Items
2026-08-14	Material Agreement; Financial Obligation; Exhibits	1.01,2.03,9.01
2026-07-29	Earnings Release; Exhibits	2.02,9.01
2026-05-06	Officer/Director Change; Bylaws Amendment; Shareholder Vote; Exhibits	5.02,5.03,5.07,9.01
2026-04-29	Earnings Release; Exhibits	2.02,9.01
2026-02-18	Results of Operations and Financial Condition; Financial Statements an	2.02,9.01
2025-10-29	Results of Operations and Financial Condition; Financial Statements an	2.02,9.01
2025-07-30	Results of Operations and Financial Condition; Financial Statements an	2.02,9.01
2025-05-07	Results of Operations and Financial Condition; Financial Statements an	2.02,9.01

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.

DISCLOSURES. This document is produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation tailored to any person. Data is sourced as of the dates shown and may no longer be current. InsiderStreet.ai is not a registered investment adviser or broker-dealer. Investing involves risk, including loss of principal. Past performance does not guarantee future results. Do not make any investment decision based on this document. © 2026 InsiderStreet.ai — all rights reserved. Redistribution prohibited.

Data domain	Source	Coverage for this report
Price & volume	market_db.historical_prices	52 rows
Fundamentals	income_statements_annual	6 rows · 2020 to 2025
Reported vs consensus	fact/earnings_calendar	24 rows · 2020-10-29 to 2026-07-29
Analyst estimates	dim/forward_estimates	3 rows · 2026-12-31 to 2028-12-31
Institutional ownership (13F)	holdings_db.institutional_ownership_summary	37 rows · 2017 to 2026
Insider transactions (Form 4)	edgar/form4	12 rows · 2026-10-01 to 2026-10-12
Proposed sales (Form 144)	edgar/form144	1 record
Beneficial ownership (13D/G)	edgar/13dg	4 rows · 2026-05-01 to 2026-08-12
Short-sale volume (FINRA)	edgar/short_volume_daily	60 rows · 2026-07-23 to 2026-10-15
Dark pool (ATS, tier 1)	edgar/darkpool_weekly	12 rows · 2026-06-15 to 2026-08-31
ETF & fund holding	etf_holdings_changelog (30d)	1 record
Peer set	stock_peers_dynamic	8 rows
Industry medians	industry_medians	1 record
Congressional trades	congress_db (House + Senate)	1 record
ESG	fact/esg_disclosures	1 record

Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.

Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.

Carvana Co. (CVNA)

Score Breakdown

Peer Comparison — IS Score

IS Score Trend — quarterly

Carvana Co. (CVNA)

Carvana Co. (CVNA)

Institutions holding — 12 quarters

Carvana Co. (CVNA)

Monthly Net Insider Flow (000 shares)

Signal Summary

Carvana Co. (CVNA)

2.8 · Largest Reporting 13F Managers

2.9 · Top ETF & Fund Ownership

13F Filers Holding CVNA — quarterly

Institutional Put/Call — quarterly

Carvana Co. (CVNA)

Where CVNA Trades in the Dark

Carvana Co. (CVNA)

3.8 · Employees (SEC filings)

Carvana Co. (CVNA)

Carvana Co. (CVNA)

Carvana Co. (CVNA)

Balance Sheet — Full

Cash Flow Statement — Full

Carvana Co. (CVNA)

Carvana Co. (CVNA)

Carvana Co. (CVNA)

Carvana Co. (CVNA)

Street Price Target — Trajectory

Third-Party Composite Rating

Carvana Co. (CVNA)

Carvana Co. (CVNA)

Family Scores (site weights)

Carvana Co. (CVNA)

Carvana Co. (CVNA)

Carvana Co. (CVNA)