Latest news with #CVNA
Yahoo
2 days ago
- Automotive
- Yahoo
As Carvana Stock Revs Higher, Should You Buy, Sell, or Hold CVNA Here?
Carvana (CVNA) has been on a tear lately, with CVNA stock accelerating sharply amid improving profitability and robust retail sales growth. The used-car e-commerce platform has captured investors' attention, posting record-setting quarterly results and benefitting from easing cost pressures and operational efficiencies. As shares of CVNA surge to new highs and analysts revise their outlooks upward, the big question now is whether the stock still has fuel in the tank. Is it time for investors to pump the brakes yet? Let's discuss. More News from Barchart Robinhood Stock Seemingly Can't Be Stopped in 2025. Is It Too Late to Buy HOOD Here? Dear Ford Stock Fans, Mark Your Calendar for August 11 Cathie Wood Is Buying Shares of This Little-Known Ethereum Treasury Company. Should You? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! About Carvana Stock Carvana is a leading U.S. e‑commerce platform specializing in the buying, selling, financing, and delivery of used vehicles. Headquartered in Tempe, Arizona, the company operates one of the most ambitious vertically integrated automotive businesses in the country. Since its initial public offering (IPO) in 2017, Carvana has undergone a dramatic turnaround, surviving near-bankruptcy to emerge in 2025 with strong profitability margins, streamlined operations, and rapid sales growth. Currently, Carvana's market capitalization is around $76 billion, placing it firmly within the large‑cap category. Over the past year, shares of Carvana have rallied roughly 159%, with year-to-date (YTD) gains of 70%. Carvana stock closed Aug. 7 at $357.75, reflecting a remarkable rebound from the stock's 2022 bottom when it traded below $4 per share. In 2023, CVNA stock skyrocketed as the company executed a sweeping turnaround, and it has continued the momentum into 2024 and 2025. Additionally, the dramatic surge this year came after Carvana posted blockbuster second-quarter 2025 results and record retail vehicle sales, all above expectations. Shares spiked 17% on July 31, hitting an all‑time intraday high of $413.34 following the report. Despite a recent pullback from its peak, Carvana continues to outperform the broader market, with its YTD return well ahead of the S&P 500 Index's ($SPX) 8.5% gain so far this year. Still, valuation remains elevated. The stock trades at 70 times forward earnings, well above the sector average. Carvana's Blockbuster Q2 Results Carvana released its Q2 2025 earnings on July 30, and the results were exceptional. Revenue climbed 42% year-over-year (YOY) to $4.8 billion, surpassing forecasts. EPS hit $1.28, compared to $0.14 in the prior-year quarter and significantly above the consensus. Retail vehicle sales rose 41% to a record 143,280 units, and wholesale volume jumped 44.5% to 72,770 units. Profitability metrics also stood out. Net income reached $308 million (a 6.4% margin), operating income was $511 million (10.6% margin), and adjusted EBITDA hit $601 million (12.4% margin), marking all-time records for the company and industry-leading efficiency. On guidance, Carvana projects full-year adjusted EBITDA in the range of $2 billion to $2.2 billion, up from $1.4 billion in 2024, while forecasting a sequential increase in retail units sold in Q3, assuming a stable market environment. Analysts tracking Carvana project the company's EPS to climb 397% YOY to $5.07 in fiscal 2025, then grow another 27% to $6.42 in fiscal 2026. What Do Analysts Expect for Carvana Stock? In the wake of Carvana's strong Q2 earnings, several analysts enhanced their outlooks, while a few previously cautious firms remain in neutral territory. DA Davidson raised its price target on Carvana from $260 to $380 on July 31 while maintaining a 'Neutral' rating, acknowledging the stock's impressive return over the past year. The firm noted that Carvana beat expectations across most metrics, including strong YOY growth in used vehicle units. However, it also pointed out that Carvana's growth rate did not accelerate from the previous quarter's pace, falling short of some analyst expectations. On the other hand, JPMorgan has raised its price target on Carvana to $415 from $350, maintaining an 'Overweight' rating. JPMorgan also raised its EBITDA forecasts to $2.25 billion for 2025 and $2.98 billion for 2026. Needham raised its price target on Carvana to $500 from $340, maintaining a 'Buy' rating following the company's strong Q2 results. The firm called Carvana the 'best large-cap, profitable growth story' in its coverage, highlighting its unique, scalable model and significant market share expansion potential. CVNA stock has a consensus rating of a 'Moderate Buy' overall. Of the 19 analysts covering the stock, 10 advise a 'Strong Buy,' three suggest a 'Moderate Buy,' and six analysts give it a 'Hold' rating. While the average price target of $400.78 suggests potential upside of 16%, Needham's Street-high target of $500 signals that CVNA could rise as much as 45% from current levels. On the date of publication, Subhasree Kar did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
4 days ago
- Automotive
- Yahoo
Carvana Report Reveals Record EV and PHEV Sales Mix
Electrified vehicles accounted for nearly 1 in 10 Carvana sales in Q2, fueled by expanding selection PHOENIX, August 06, 2025--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today released an EV Trends Report, highlighting continued momentum in battery electric vehicle (EV) and plug-in hybrid (PHEV) (together, "electrified vehicles") adoption. The report shows electrified vehicles now 9% of Carvana's retail unit sales, with SUV models driving much of the growth in recent years. Switch Auto Insurance and Save Today! Affordable Auto Insurance, Customized for You The Insurance Savings You Expect Great Rates and Award-Winning Service Highlights from the report include: Record Electrified Vehicle Sales Mix: EVs and PHEVs accounted for 9% of Carvana unit sales in Q2 2025, up from just over 2% in Q2 2023. Rapidly Expanding Selection: With growing electrified vehicle selection in the used fleet, Carvana offered 66% more EV make/model combinations in Q2 2025 than in Q2 2023; PHEV options doubled over the same period. SUVs Lead the Shift: SUVs now represent the largest share of EV and PHEV sales, surpassing sedans and hatchbacks as the dominant electrified vehicle body style. In Q2 2025, nearly 44% of all EV and PHEV sales were SUVs, up from just 24% Q2 2023. "We're always working to grow selection to offer an inventory that meets our customers' preferences, and as electrified vehicle options expand, this segment continues to increase as a percentage of Carvana's sales. Last quarter, nearly 1 in 10 vehicles we sold was an EV or PHEV – a significant shift from just a couple of years ago," said Christina Keiser, Executive Vice President of Strategy at Carvana. "The widening selection of electrified SUVs has been especially powerful, offering buyers greater variety in one of the most sought-after body styles." The full report provides additional analysis and information. For details on shopping for a used EV and to easily browse the hundreds of EVs on please visit our guide to buying a used EV. About Carvana Carvana's mission is to change the way people buy and sell cars. Since launching in 2013, Carvana has revolutionized automotive retail and delighted millions of customers with an offering that is fun, fast, and fair. With Carvana, customers can find a car, get financing, trade in, and complete a purchase entirely online with the convenience of delivery or local pickup as soon as the same day. Carvana's unique offering is powered by its passionate team, differentiated national infrastructure, and purpose-built technology. For more information, please visit View source version on Contacts MEDIA CONTACT: Carvana Communicationspress@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Automotive
- Yahoo
Jim Cramer on Carvana: 'It Just Keeps Winning'
Carvana Co. (NYSE:CVNA) is one of the stocks that Jim Cramer spoke about. Cramer highlighted that he has been recommending the stock for a couple of years. He commented: 'Look at the stock of the Carvana run. Now, I've been recommending this digital used car retailer for over two years now, and it just keeps winning. In fact, the stock's now more than doubled, at least from its post-Liberation Day low in April, and it never should have sold off like that because, in the first place, President Trump's tariffs on imported autos make used cars a lot more valuable. Sure enough, last night Carvana reported a magnificent top and bottom line beat, tremendous guidance for the current quarter, which is why the stock shot up another 17%.' Photo by Yiorgos Ntrahas on Unsplash Carvana (NYSE:CVNA) runs an e-commerce platform that enables customers to buy and sell used cars. The company provides services such as vehicle sourcing, inspections, financing, logistics, and post-sale support, and also operates auction sites. While we acknowledge the potential of CVNA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
6 days ago
- Automotive
- Yahoo
How ADESA Is Supercharging Carvana's Next Phase of Growth
Used car e-retailer Carvana's CVNA $2.2 billion ADESA acquisition is proving to be more than just a bold expansion. It's becoming a key pillar of the company's operational improvement and long-term growth strategy. Since the buyout, Carvana has been steadily integrating ADESA's physical locations into its ecosystem. By Q2'25 end, the company had integrated 12 ADESA sites, enabling more reconditioning and inventory pooling. This broader footprint has increased Carvana's inventory pools to 30—a 50% jump from a year ago—helping the company prepare more vehicles faster to meet rising demand. Image Source: Carvana, Inc. These integrations aren't just about scale but are also driving real efficiencies. With more locations to store and process cars, Carvana has cut inbound transport distances by 20% and outbound miles by 10% year over year. That's helping speed up deliveries, which are now 0.7 days faster than last year. For customers, it means quicker turnarounds and for Carvana, it means lower costs and smoother logistics. Carvana is also ramping up ADESA Clear, a digital auction platform now live at 47 Carvana and ADESA sites. It combines ADESA's deep wholesale knowledge with Carvana's tech know-how to create a seamless experience for both buyers and sellers. For commercial sellers, it offers a full-service, cost-efficient remarketing solution. For wholesale buyers, it unlocks more vehicle options and a streamlined digital bidding process. All this supports Carvana's ambitious goal of selling 3 million cars a year with a 13.5% adjusted EBITDA margin within the next 5-10 years. While its target is still a long way off, the ADESA integration is laying the groundwork—boosting capacity, improving efficiency, and enhancing the customer experience. All in all, ADESA is becoming a powerful engine behind Carvana's next phase of growth. The Zacks Rundown on Carvana Shares of CVNA have jumped 44% over the past six months, outperforming the industry as well as its close peers like CarMax KMX and AutoNation AN. CarMax — being the largest retailer of used vehicles in the United States — witnessed its stock price decline more than 33% over the past year. AutoNation — one of the leading auto retailers of the country (selling both new and used vehicles) — saw its share price drop 2% in the same timeframe. Image Source: Zacks Investment Research From a valuation perspective, Carvana appears overvalued. It has a Value Score of D. Going by its price/sales ratio, the company is trading at a forward sales multiple of 3.74, higher than its industry's 0.28. In contrast, CarMax and AutoNation trade at just 0.3X and 0.26X, respectively. Image Source: Zacks Investment Research See how the Zacks Consensus Estimate for CVNA's earnings has been revised over the past 60 days. Image Source: Zacks Investment Research Carvana stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AutoNation, Inc. (AN) : Free Stock Analysis Report CarMax, Inc. (KMX) : Free Stock Analysis Report Carvana Co. (CVNA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-08-2025
- Automotive
- Yahoo
Carvana (CVNA) Shocks with 10.7% Gain as Buyers Move to Used Cars
We recently published Carvana Co. (NYSE:CVNA) is one of the companies that stood stronger last week. Shares of Carvana Co. jumped by 10.74 percent week-on-week to hit a new all-time high after boasting a strong earnings performance in the second quarter of the year, thanks to auto tariffs on new vehicles that shifted consumer demand to used cars. On Thursday, Carvana Co. (NYSE:CVNA) said net income during the period climbed by 542 percent to $308 million from $48 million in the same period last year, while total revenues increased by 42 percent to $4.84 billion from $3.41 billion. This followed 143,280 units sold during the period, or a 41 percent jump year-on-year. Last week also saw the company propelled to a new all-time high of $413.33, before paring gains to end Friday's trading at $367.78. Despite the strong performance, the company posted a more conservative outlook for the third quarter, saying that 'as long as the environment remains stable,' it would expect a sequential increase in retail units sold, with adjusted EBITDA range of $2 billion to $2.2 billion for full-year 2025, versus $1.38 billion last year. While we acknowledge the potential of CVNA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Sign in to access your portfolio
