Carvana (US:CVNA) Financial Modeling Prep·2025-12-01 15:00Core Insights - Carvana Co. is a significant player in the online used car retail market, known for its innovative car vending machines and digital-first approach, competing with traditional retailers like CarMax [1] Group 1: Analyst Ratings and Price Targets - UBS initiated coverage on Carvana with a "Buy" rating and a stock price target of $374.31, reflecting a bullish outlook [2][6] - Wedbush upgraded Carvana to "Outperform" and raised the 12-month price target from $380 to $400, indicating a potential upside of nearly 30% [2][6] Group 2: Stock Performance and Market Sentiment - Carvana's stock gained over 7% following the Wedbush upgrade, despite a recent 13% decline attributed to broader credit concerns and weaker performance from CarMax, which analysts view as a strategic buying opportunity [3][6] - The stock has increased by over 50% year-to-date, driven by stable unit trends and improving profitability [5] Group 3: Revenue Projections and Market Position - Wedbush analysts project fourth-quarter revenue to reach $5.2 billion and full-year 2025 revenue at $19.9 billion [4] - Carvana is expected to surpass CarMax in used-unit volume by the fourth quarter of 2026, with a long-term goal of scaling to 3 million annual retail units by 2033 [4][6] Group 4: Market Capitalization - Carvana's market capitalization is approximately $81.15 billion, with shares fluctuating between $357.50 and $375.77 [5]