Carvana (CVNA 4.71%) stock is posting big gains in Thursday's trading thanks to bullish analyst coverage. The company's share price was up 4.8% as of 2:15 p.m. ET and had been up as much as 11.7% earlier in the session.Before the market opened this morning, Piper Sandler published new coverage on Carvana and upgraded its rating on the stock. Bank of America also issued coverage suggesting that Carvana is unlikely to face big pressures from Amazon's entry into the auto market.Piper Sandler thinks Carvana sto ...

Shares of Carvana Co CVNA were climbing in early trading on Thursday.Piper Sandler analyst Alexander Potter upgraded the rating from Neutral to Overweight, while keeping the price target unchanged at $225.BofA Securities analyst Justin Post reaffirmed a Buy rating and price target of $220.Check out other analyst stock ratings.Piper Sandler: Carvana is better insulated from tariff risks than other companies, Potter said in the upgrade note. While used car sales are impacted by macro uncertainty, the company ...

Shares of the auto e-retailer Carvana (CVNA) have taken a hit, dropping 34% in the past month. That’s worse than the industry, sector and the S&P 500 index. This sharp pullback comes after a stellar 2024 when CVNA stock skyrocketed more than 300%. However, 2025 has been a different story.In January, short-seller Hindenburg Research (which has since gone bankrupt) accused Carvana of manipulating its accounting to hide losses. While the firm’s closure eased some concerns, doubts about Carvana’s financial heal ...

For Immediate ReleasesChicago, IL – March 4, 2025 – Zacks.com announces the list of stocks and ETFs featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Carvana (CVNA) , Advantest (ATEYY) and Garmin (GRMN) .Here are highlights from Tuesday’s Analyst Blog:What Will Friday's U.S. Jobs Report Show? Global Week AheadWhat’s going on in the Global Week Ahead?Some of U.S ...

Carvana Co. (CVNA) finalized a deal on Feb. 28, 2025, to acquire a franchised dealership in Arizona, per Automotive News. This move marks a potential shift into new-vehicle sales for the online retailer, which has exclusively sold used cars since its launch in 2013.The company purchased Jerry Seiner Chrysler-Dodge-Jeep-Ram in Casa Grande, AZ, which is around 45 miles south of its Tempe headquarters. While the purchase price remains undisclosed, the dealership will be renamed Casa Grande Chrysler-Dodge-Jeep- ...

The broader U.S. equity markets witnessed a downtrend for the past four consecutive trading days as concerns regarding a slowing economy and sticky inflation took center stage. With the Purchasing managers’ index tally for January portraying a contraction in the U.S. services sector and the University of Michigan’s consumer sentiment index coming in weaker than expected, investors mostly moved to safe-haven assets. Apprehensions regarding escalating tariffs with President Trump vouching to enforce retaliato ...

Core Viewpoint - Carvana (CVNA) shares are currently trading at a premium with a Value Score of F, reflecting a forward 12-month price/sales ratio of 2.58X, significantly higher than the auto sector's average of 1.35X [1][4]. Group 1: Retail Sales Performance - CVNA's retail unit sales increased by 50.3% in Q4 2024, totaling 114,379 units, driven by strong demand [5]. - The company anticipates a sequential increase in year-over-year growth of retail unit sales in Q1 2025 [6]. Group 2: Strategic Acquisition - The acquisition of ADESA's U.S. operations has enhanced CVNA's logistics network and auction capabilities, improving refurbishment processes [7]. - Carvana has integrated its operations at 6 of 56 ADESA locations, with a capital expenditure budget of approximately $140 million for 2025, primarily for additional site integrations [8]. Group 3: Operational Efficiency - CVNA reported an adjusted EBITDA margin of 10.1% in 2024, marking the most profitable year for any public automotive retailer [10]. - The company has reduced retail reconditioning and inbound transport costs through various operational improvements [11]. Group 4: Stock Performance - CVNA shares have surged by 209.2% over the trailing 12 months, outperforming the auto sector and S&P's gains of 3.5% and 19.1%, respectively [12]. - The Zacks Consensus Estimate for CVNA's Q1 2025 revenues is $3.93 billion, indicating a year-over-year growth of 28.24% [13]. Group 5: Earnings Projections - The full-year 2025 revenue estimate for CVNA is $16.78 billion, reflecting a year-over-year growth of 22.72% [14]. - The consensus EPS for 2025 is projected at $3.15, having increased by 10.5% over the past week [14]. Group 6: Investment Outlook - Despite the premium valuation, CVNA's solid retail growth prospects, operational improvements, and robust earnings growth projections suggest a favorable investment opportunity [15].

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Core Points - Carvana Co. (NYSE: CVNA) experienced a 9% drop in after-hours trading despite beating both top and bottom-line estimates for the fourth quarter [1] Group 1 - The company reported strong growth in its operations, contributing to its financial performance [1]

Used car retailer Carvana Co (NYSE:CVNA) was last seen down 12.9% at $245.39, despite smashing fourth-quarter earnings estimates and projecting strong growth in 2025. It's unclear what exactly is dragging the stock lower, especially after several analysts lifted their price targets after the event.The stock's valuation was already high heading into earnings. CVNA notched a three-year high of $292.84 before turning lower yesterday, and the share are up a massive 393% year-over-year. Call traders are still op ...