Analysts revise Carvana stock price targets

On October 30, Carvana (NYSE: CVNA), a leading e-commerce platform for purchasing and selling cars announced its Q3 2024 results.The earnings call blew analyst expectations out of the water — whereas consensus forecasts for earnings-per-share (EPS) were just $0.29, CVNA delivered $0.64 — revenues, likewise, beat expectations, coming in at $3.66 billion versus estimates of $3.45 billion. Gross profit per unit (GPU) was also a beat — coming in at an impressive $7,685.Poised to be a leader in a profitable spac ...