CVNA Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Carvana could lead to a strong price rebound with recent profitability trends, enhanced service offerings, and a bullish shift in market sentiment driving demand for used cars, impacting share value positively over the next quarter.




Bearish Case: Potential debt pressures and economic headwinds may outweigh operational improvements, dissuading investors and leading to a downturn in CVNA stock despite its recent performance improvements.




Potential Outcomes:

1. 40%: Continued profitability leads to price appreciation.

2. 30%: Major economic downturn exacerbates debt issues, pulling share prices down.

3. 20%: Successful expansion into new markets enhances revenue.

4. 10%: Regulatory issues hinder growth potential, influencing stock negatively.




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November 12, 2024


Carvana Forecast

CVNA        Carvana











Correlated Assets

Assets that tend to move strongly with CVNA



JXN Forecast + Options Trading Strategies   JXN  Jackson Financial (0.98)


GDDY Forecast + Options Trading Strategies   GDDY  Godaddy (0.97)


KKR Forecast + Options Trading Strategies   KKR  KKR (0.97)


FTAI Forecast + Options Trading Strategies   FTAI  Fortress Transportation and Infrastructure Investors (0.97)


TT Forecast + Options Trading Strategies   TT  Trane (0.97)



Uncorrelated Assets

Assets with little price relationship to CVNA



AVXL Forecast + Options Trading Strategies   AVXL  Anavex Life Sciences (-0.0)


S Forecast + Options Trading Strategies   S  Sprint (0.0)


TTWO Forecast + Options Trading Strategies   TTWO  Take-Two Interactive Software (-0.0)


CRESY Forecast + Options Trading Strategies   CRESY  Cresud (0.0)


TNK Forecast + Options Trading Strategies   TNK  Teekay Tankers (0.01)



Anticorrelated Assets

Assets that tend to move strongly against CVNA



JACK Forecast + Options Trading Strategies   JACK  Jack In The Box (-0.9)


XRAY Forecast + Options Trading Strategies   XRAY  DENTSPLY Sirona (-0.9)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.92)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.92)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.97)









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