Carvana (US:CVNA) Benzinga·2025-10-09 19:01Core Insights - Financial giants are showing bullish sentiment towards Carvana, with 56% of traders being bullish and 30% bearish, indicating a strong interest in the stock's potential [1] - Significant investors are targeting a price range for Carvana between $90.0 and $600.0 over the past three months, suggesting high volatility and potential for growth [2] - Analysts have provided varying ratings on Carvana, with an average target price of $446.67, reflecting a generally positive outlook despite some mixed ratings [11][12] Options Activity - A total of 181 unusual trades were identified for Carvana, with 117 calls valued at $9,083,534 and 64 puts valued at $4,316,587, indicating a preference for bullish positions [1] - The analysis of volume and open interest reveals significant liquidity and investor interest in Carvana's options, particularly within the strike price range of $90.0 to $600.0 over the last 30 days [3][4] - Notable options trades include bullish sweeps for calls with strike prices ranging from $172.75 to $247.6, alongside bearish sweeps for puts at lower strike prices, highlighting diverse trading strategies [8] Company Overview - Carvana operates as an e-commerce platform for buying and selling used cars, generating revenue primarily from retail vehicle sales, wholesale vehicle sales, and additional services such as financing and insurance [9] - The company's business model is heavily reliant on retail vehicle unit sales, which constitute the majority of its revenue, while also capturing additional revenue streams from related services [9] Market Performance - Carvana's stock price is currently at $362.0, reflecting a slight increase of 0.3%, with a trading volume of 1,767,970, indicating active market participation [14] - The upcoming earnings report is anticipated in 20 days, which could further influence market sentiment and stock performance [14]