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Carvana: A Comeback Possible With Tariff Easing
Seeking Alpha· 2025-03-25 02:08
Core Insights - The article discusses the performance and outlook of global stocks, emphasizing the importance of thorough research and due diligence in investment decisions [1][2]. Group 1: Analyst Background - The analyst has been covering global stocks on Seeking Alpha since 2018 and has approximately a decade of personal and professional investment experience across major equity markets [1]. Group 2: Disclosure and Independence - The analyst has no current stock, option, or similar derivative positions in any of the companies mentioned and does not plan to initiate any such positions within the next 72 hours [2]. - The article expresses the analyst's own opinions and is not receiving compensation from any company mentioned, aside from Seeking Alpha [2]. Group 3: Research Integrity - All research, figures, and interpretations are provided on a best effort basis and may be subject to error, highlighting the need for individual due diligence [3].
Brokers Suggest Investing in Carvana (CVNA): Read This Before Placing a Bet
ZACKS· 2025-03-21 15:00
Group 1: Analyst Recommendations - Carvana currently has an average brokerage recommendation (ABR) of 1.95, indicating a position between Strong Buy and Buy, based on recommendations from 19 brokerage firms [2] - Of the 19 recommendations, nine are Strong Buy and two are Buy, accounting for 47.4% and 10.5% of all recommendations respectively [2] - Despite the positive ABR, relying solely on this information for investment decisions may not be advisable, as studies show brokerage recommendations often lack success in guiding investors towards stocks with high price appreciation potential [3][4] Group 2: Limitations of Brokerage Recommendations - Brokerage firms often exhibit a strong positive bias in their ratings due to vested interests, leading to a disproportionate number of Strong Buy recommendations compared to Strong Sell [4][5] - The interests of brokerage firms may not align with those of retail investors, providing limited insight into future stock price movements [5][8] - Analysts' recommendations tend to be overly optimistic, misleading investors more frequently than guiding them accurately [8] Group 3: Zacks Rank as an Alternative - Zacks Rank categorizes stocks into five groups based on earnings estimate revisions, providing a more effective indicator of near-term stock price performance compared to ABR [6][9] - The Zacks Rank is timely and reflects changes in earnings estimates quickly, unlike the ABR which may not be up-to-date [10] - For Carvana, the Zacks Consensus Estimate for the current year has increased by 21.4% over the past month, indicating growing optimism among analysts regarding the company's earnings prospects [11] Group 4: Investment Implications for Carvana - The recent change in the consensus estimate, along with other factors, has resulted in a Zacks Rank 2 (Buy) for Carvana, suggesting a favorable outlook for the stock [12] - The Buy-equivalent ABR for Carvana may serve as a useful guide for investors, complementing the insights provided by the Zacks Rank [12]
Carvana (CVNA) Soars 5.3%: Is Further Upside Left in the Stock?
ZACKS· 2025-03-21 13:00
Core Insights - Carvana (CVNA) shares increased by 5.3% to close at $185.42, following a significant trading volume, despite a 37.5% loss over the past four weeks [1][2] Company Performance - Carvana is projected to report quarterly earnings of $0.71 per share, reflecting a year-over-year increase of 273.2%, with revenues expected to reach $3.95 billion, a 29% increase from the previous year [3] - The consensus EPS estimate for Carvana has been revised 7.4% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [4] Market Sentiment - Piper Sandler's upgrade of Carvana's stock rating has bolstered investor confidence, while Bank of America noted that Amazon's entry into the used-car market is unlikely to significantly impact Carvana, alleviating competitive concerns [2] - Carvana currently holds a Zacks Rank of 2 (Buy), suggesting favorable market sentiment towards the stock [4]
Carvana: Load Up While The Markets Are Fearful
Seeking Alpha· 2025-03-21 06:47
Group 1 - The current market sentiment is characterized by fear, contrasting sharply with the euphoria following Trump's re-election when investors heavily invested in risk assets [1] - Carvana is mentioned as a specific example of a company that attracted significant investor interest during the previous optimistic market conditions [1] Group 2 - The author, Gary Alexander, has extensive experience in technology and investment, contributing to insights on industry trends and company performance [1]
Carvana climbs on positive analyst outlook amid Amazon auto expansion
Proactiveinvestors NA· 2025-03-20 19:56
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Why Carvana Stock Is Surging Today
The Motley Fool· 2025-03-20 18:42
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 ...
Carvana 'Can Grow Aggressively,' Newcomer Amazon Auto Limited To Just One Brand: Analyst
Benzinga· 2025-03-20 15:55
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 ...
Carvana Stock Down 34% in a Month: Is This a Buying Opportunity?
ZACKS· 2025-03-18 14:46
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 ...
The Zacks Analyst Blog Carvana, Advantest and Garmin
ZACKS· 2025-03-04 10:20
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 Acquires Dealership in Arizona to Enter New-Vehicle Market
ZACKS· 2025-03-03 15:15
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- ...