Carvana (US:CVNA) Benzinga·2026-02-26 18:18Core Insights - Carvana Co (NYSE:CVNA) shares have shown exceptional strength following the recent earnings report, with a notable increase in stock price [1] Financial Performance - Carvana reported fourth-quarter revenue of nearly $5.6 billion, surpassing analyst expectations of approximately $5.26 billion, with earnings at $4.22 per share [2] - The company is facing challenges with rising operational expenses, particularly related to vehicle inspections and repairs, raising concerns about future profitability [2] Growth Strategy - Management has outlined plans to enhance retail sales volume and adjusted EBITDA through 2026, targeting significant growth [3] - CEO Ernie Garcia stated the goal of selling 3 million retail units annually by 2030 to 2035, while addressing allegations from short sellers regarding past earnings disclosures [3] Analyst Ratings - The stock maintains a Buy Rating with an average price target of $470.18, despite recent target reductions from analysts [4] - Carvana is currently trading 9.8% below its 100-day simple moving average (SMA) and 4.1% below its 200-day SMA, indicating a bearish trend in the longer term [4] Stock Performance - Shares have increased by 132.6% over the past 12 months, reflecting a strong recovery and positioning closer to 52-week highs [5] - As of the latest data, Carvana shares were up 2.66% at $343.79 [7] Growth and Momentum Scores - Benzinga Edge rankings indicate Carvana has a standout Growth score of 99.66 and a strong Momentum score of 69.16 [6]