Carvana (CVNA 7.33%) stock is surging higher Tuesday. The auto retail specialist's share price was up 9.3% as of 3:30 p.m. ET. Meanwhile, the S&P 500 was up 2%, and the Nasdaq Composite was up 2.3%.The stock market is recovering from yesterday's sell-off thanks to recent comments from U.S. Treasury Secretary Scott Bessent suggesting that the trade war between the U.S. and China could cool off in the not-too-distant future. Carvana stock is also seeing a big uptick in bullish trading thanks to positive analy ...

Carvana (CVNA) has staged a jaw-dropping comeback from once being on the verge of collapse. Year 2023 marked Carvana’s remarkable revival after a 98% plunge in 2022, and the rally continued in 2024 as well.  The used-car e-commerce player defied the odds, bouncing back through deep cost cuts and a debt overhaul—reviving investor interest in one of the pandemic era’s most dramatic stories.Over the past year, CVNA stock has rocketed 196%. In contrast, its closest competitor CarMax (KMX) declined 5% in the sam ...

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum, helping investors identify securities with high potential for market outperformance [2][3] Company Overview - Carvana Co. is a leading e-commerce platform for buying and selling used cars, with significant revenue growth, increasing approximately 16-fold from 2017 to 2024 [11] - The company has transformed traditional used-car sales through its comprehensive online business model, which includes sales, financing, logistics, and software development [11] Investment Ratings - Carvana holds a Zacks Rank of 2 (Buy) and a VGM Score of B, indicating strong potential for growth investors [12] - The company is forecasted to achieve year-over-year earnings growth of 118.9% for the current fiscal year, with upward revisions from six analysts in the last 60 days [12] - The Zacks Consensus Estimate for Carvana's earnings has increased by $0.51 to $3.48 per share, with an average earnings surprise of 119.2% [12][13]

Industry Overview - The Internet-Commerce sector has experienced significant growth since the pandemic, particularly among Gen-Z consumers who are accustomed to high levels of digitization [1] - The evolution of Internet-Commerce is driven by advancements in user devices and AI-enabled software platforms that enhance transaction capabilities and user satisfaction [2] - E-commerce differentiation is achieved through improved technology for showcasing products, easier navigation, payment options, faster delivery, and enhanced brand loyalty [4] Investment Opportunities - It is advisable to invest in Internet-Commerce stocks with a favorable Zacks Rank, including Carvana Co. (CVNA), eBay Inc. (EBAY), Tripadvisor Inc. (TRIP), Chewy Inc. (CHWY), and Alibaba Group Holding Ltd. (BABA) [3][6] - The subscription model for repeat-use items is gaining traction, making it easier for consumers to order and for retailers to manage inventory, with discounts often offered to consumers [5] Company Highlights - **Carvana Co. (CVNA)**: Acquired ADESA's U.S. operations, enhancing logistics and auction capabilities. Expected revenue growth of 23.6% and earnings growth of over 100% for the current year [10][12][11] - **eBay Inc. (EBAY)**: Growth driven by Focus Categories and advertising offerings, with expected revenue growth of 1.7% and earnings growth of 8.4% for the current year [13][14] - **Tripadvisor Inc. (TRIP)**: Benefiting from strong performance in Viator and TheFork segments, with expected revenue growth of 4% and earnings growth of 7.7% for the current year [15][16] - **Chewy Inc. (CHWY)**: Focused on e-commerce for pet products, with expected revenue growth of 4.5% and earnings growth of 18.3% for the current year [17][18] - **Alibaba Group Holding Ltd. (BABA)**: Performance boosted by monetization of Taobao and Tmall, with expected revenue growth of 4.5% and earnings growth of 24.4% for the current year [19][21][20]

Carvana NYSE: CVNA presents a complex picture for investors navigating the current stock market volatility. The online used car retailer has staged a comeback over the past year, with its stock price surging up over 100%. However, this rally has recently encountered resistance.  Year-to-date metrics show a decline in Carvana’s stock price performance, bringing into sharp focus a collection of contradictory signals: evidence of a successful operational turnaround clashing with cautious price target revisions ...

Core Insights - Carvana Co. is establishing an integrated auction and reconditioning Megasite in Phoenix, merging its Inspection and Reconditioning Center operations with the ADESA Phoenix wholesale auction facility, enhancing processing capacity and services for retail and wholesale clients [1][3] Group 1: Facility and Operations - The ADESA Phoenix site, located in Chandler, AZ, spans nearly 100 acres and has over 5,000 parking spaces, supporting local wholesale auto auctions for over two decades [2] - The integration of IRC capabilities at ADESA Phoenix will increase Carvana's vehicle reconditioning output, improving selection for customers and operational efficiency, enabling faster delivery for local car buyers [3][4] Group 2: Technology and Infrastructure - The transformation into an auction-IRC Megasite will leverage the site's expansive infrastructure and Carvana's proprietary CARLI software, which is designed to streamline operations and maintain consistency across the IRC network [4] Group 3: Expansion Plans - Carvana has announced a similar Megasite plan in central New Jersey, integrating reconditioning services into the ADESA New Jersey auction facility, which also spans roughly 100 acres and has been a staple in the local wholesale auction market for nearly 30 years [5]

Group 1 - Carvana (CVNA) shares have increased by 2.4% over the past four weeks, closing at $176.32, with a mean price target of $276.88 indicating a potential upside of 57% [1] - The mean estimate is based on 16 short-term price targets with a standard deviation of $45.35, where the lowest estimate is $200 (13.4% increase) and the highest is $340 (92.8% increase) [2] - Analysts show strong agreement on Carvana's ability to report better earnings than previously predicted, which supports the potential for stock upside [4][10] Group 2 - Recent trends indicate that four earnings estimates for Carvana have been revised higher in the last 30 days, leading to a 4.6% increase in the Zacks Consensus Estimate [11] - Carvana holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential upside [12] - While the consensus price target may not be a reliable indicator of the stock's gain, it does provide a directional guide for price movement [12]

Carvana (CVNA) shares rallied 5% in the last trading session to close at $176.32. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.2% loss over the past four weeks.Carvana shares surged yesterday after the company announced its plan to develop a large-scale auction and reconditioning “Megasite” in Phoenix, AZ. This facility will enhance the dealership’s ability to process more vehicles and increase inventory ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Carvana (CVNA) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Carvana currently has an average brokerage ...

Core Insights - Carvana (CVNA) has a strong history of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 155.80% [1][2] - The company reported earnings of $0.56 per share in the last quarter, surpassing the Zacks Consensus Estimate of $0.24 per share, resulting in a surprise of 133.33% [2] - In the previous quarter, Carvana's earnings were $0.64 per share against an expected $0.23, yielding a surprise of 178.26% [2] Earnings Estimates and Predictions - Estimates for Carvana have been trending upward, influenced by its history of earnings surprises [5] - The stock has a positive Zacks Earnings ESP of +6.27%, indicating analysts' bullish sentiment regarding its earnings prospects [8] - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a high likelihood of another earnings beat [8] Earnings ESP and Market Behavior - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7] - A negative Earnings ESP does not necessarily indicate an earnings miss, but it reduces predictive power [8]