Up 1,600%, Is Carvana Stock Still a Buy?

By Jason Hall and Tyler Crowe – Updated Mar 22, 2024 at 8:00AM EST

NYSE: CVNA

Carvana

Market Cap

$58B

Today's Change

(-6.94%) $28.48

Current Price

$381.88

Price as of February 4, 2026 at 10:37 AM ET

It depends on what it does to replace its pipeline of cars -- and how much it pays.

In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss Carvana's (CVNA 6.94%) turnaround and whether it's worth buying now. They also compare its valuation to competitor CarMax (KMX +4.12%).

*Stock prices used were from the afternoon of March 20, 2024. The video was published on March 21, 2024.

Jason Hall is a contributing Motley Fool stock market analyst with more than a decade of experience writing about dividend stocks and long-term investing. He has been with the company since 2012 and previously spent over 10 years in technical sales in the printing and information services industry. Jason also founded and operated a small food manufacturing business.

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