Carvana Co. (NYSE:CVNA) is one of the 15 Best Aggressive Growth Stocks to Buy Right Now. On October 30, Needham reiterated its Buy rating on Carvana Co. (NYSE:CVNA) with a price target of $500. This decision came after the company reported its Q3 2025 results. In Q3 2025, Carvana Co. (NYSE:CVNA) sold nearly 156,000 retail units, 44% higher than the same time last year. The company’s revenue grew 55% year-over-year to reach $5.65 billion. Both of these are all-time quarterly records. This performance was d ...

Core Insights - Carvana has experienced a remarkable recovery, gaining 700% over the last three years after avoiding bankruptcy during the 2022 bear market, although it was down over 98% from its peak at one point [1] - The company reported a record revenue growth of 55% in Q3 2025, reaching $5.65 billion, significantly surpassing analysts' expectations [2] - Despite strong financial results, Carvana's stock declined by 14% following concerns about rising auto loan delinquencies and potential declines in retail unit sales [3] Financial Performance - Carvana's adjusted EBITDA rose 45% to $429 million, while GAAP net income increased by 78% to $263 million, equating to $1.03 per share [2] - Adjusted earnings per share were reported at $1.50, exceeding the consensus estimate of $1.32 [2] Market Position and Strategy - Carvana is targeting an ambitious goal of selling 3 million vehicles over the next 5 to 10 years, aiming for an adjusted EBITDA margin of 13.5% [5] - The company is positioned in a nearly $1 trillion addressable market, justifying its premium stock valuation despite recent price fluctuations [5] Investor Sentiment - The stock's recent pullback is attributed to investor fears regarding narrowing margins and rising auto loan delinquencies, although management's guidance indicates a seasonal decline in retail unit sales [3][6] - The overall business remains healthy, with narrowing margins not seen as a significant warning sign [6][7]

Core Insights - Carvana Co achieved record sales and profitability in Q3, posting $263 million in net income and $637 million in adjusted EBITDA, highlighting strong margins and operational efficiency [1] - The company's vertically integrated model is credited for improving customer experience and driving growth [1] Financial Performance - In Q3, Carvana reported a net income of $263 million and adjusted EBITDA of $637 million, indicating robust operational performance [1] - The company anticipates selling over 150,000 units in Q4 and aims to finish the year with adjusted EBITDA at the top end of its guidance, which is between $2.0 billion and $2.2 billion [2] - Carvana's revenue run rate has surpassed $20 billion, reflecting its focus on scaling the platform [2] Business Model - Carvana operates an online platform for buying and selling used cars, allowing customers to browse, purchase, and sell vehicles through its website or app, which includes 360-degree virtual tours [3] - The company manages vehicle acquisition, reconditioning, and logistics, enhancing its operational efficiency [3]

Group 1: Investment Insights - Man GLG holds $121.39 million worth of Carvana Co. (NYSE:CVNA) stock, representing 0.23% of its 13-F portfolio, and it is included in the firm's list of 10 stock picks with the highest upside potential [1] - JPMorgan increased its price target on Carvana Co. from $425 to $490 while maintaining an "Overweight" rating [2] - Ahead of Carvana's upcoming Q3 earnings release on October 29, the investment firm added the stock to its "Positive Catalyst Watch," anticipating another earnings beat and raised guidance [3] Group 2: Company Developments - Carvana announced the expansion of its same-day vehicle delivery service to the greater San Diego area, following recent expansions in Salt Lake City, San Francisco, and Seattle [4] - Carvana operates an e-commerce platform that facilitates the buying and selling of used cars in the U.S. [4] Group 3: Market Position - JPMorgan noted that Carvana's operational strength has provided it with a competitive edge in the industry and dismissed concerns over consumer and auto credit as overstated [3]

BREAKING: Tech Futures Rise On Amazon, Apple Carvana (CVNA) sold off late Wednesday despite reporting better-than-expected third-quarter earnings, as margins came under some pressure. The online used car seller, known for car vending machines and home delivery, reported adjusted Q3 earnings per share of $1.50, up 134% vs. a year earlier. Revenue swelled 55% to $5.65 billion, the second straight quarter of accelerating growth. Analysts had expected… Related news Stock Of The Day Hits This Buy Point After Ana ...

​Carvana Co. (NYSE:CVNA) is one of the Best Revenue Growth Stocks to Invest In. Wall Street is bullish on Carvana Co. (NYSE:CVNA). On October 17, Marvin Fong from BTIG reiterated a Buy rating on the stock with a price target of $450. The analyst noted that he followed the company’s September ABS performance data closely and found that the 2025-N1 insurance showed signs of recovery, driven by slower cumulative net loss development and a decline in 30 and 60 day delinquencies. Fong highlighted that while th ...

Core Insights - Recurve Capital reported a strong performance in Q2 2025, achieving a gross return of +31%, significantly outperforming the S&P 500's +10.6% and the Nasdaq's +17.8% [1] - Year-to-date, the fund has returned +14.8% gross and +12% net [1] Company Highlights - Carvana Co. (NYSE:CVNA) was highlighted as a key stock in Recurve Capital's portfolio, with a one-month return of 6.63% and a remarkable 123.45% increase in value over the past 52 weeks [2] - As of October 2, 2025, Carvana's stock closed at $394.71 per share, with a market capitalization of $46.16 billion [2] - Carvana Co. was noted as the largest contributor to Recurve's performance year-to-date, indicating a strong position within the fund [3] - The company has been a long-term holding for Recurve, becoming its largest position, and the decision to retain this investment has been beneficial for performance [3]

Upgrades - Baird upgraded United Rentals (URI) to Outperform from Neutral with a price target of $1,050, up from $888, indicating stabilization in the rental industry after two years of deceleration [2] - Jefferies upgraded Sunrun (RUN) to Buy from Hold with a price target of $21, up from $11, expecting cash generation to materialize in the second half and strong growth through 2026 as U.S. Third-Party Owners gain market share [3] - HSBC upgraded Autodesk (ADSK) to Buy from Hold with a price target of $343, down from $388, noting Autodesk's potential to monetize artificial intelligence and likely margin expansion [4] - Jefferies upgraded Delta Air Lines (DAL) to Buy from Hold with a price target of $70, up from $62, citing a raised Q3 revenue outlook to 2%-4% from 0%-4% as a sign of confidence in topline growth for Q4 and 2026 [5] - Jefferies upgraded Carvana (CVNA) to Buy from Hold with a price target of $475, up from $385, based on consumer survey results and capacity analysis suggesting continued elevated growth [6] Downgrades - Northland double downgraded DraftKings (DKNG) to Underperform from Outperform with a price target of $33, down from $53, due to increasing headwinds from prediction markets [7] - RBC Capital downgraded GE Vernova (GEV) to Sector Perform from Outperform with a price target of $605, down from $631, as current valuations reflect strong demand and productivity improvements [7] - Evercore ISI downgraded Allstate (ALL) to In Line from Outperform with a price target of $233, up from $230, citing over-earning in auto insurance and limited scope for positive estimate revisions [7] - Goldman Sachs downgraded Doximity (DOCS) to Sell from Neutral with a price target of $64, up from $57, indicating the growth profile does not support the current valuation [7] - Goldman Sachs downgraded LivaNova (LIVN) to Neutral from Buy with a price target of $55, down from $56, due to decelerating sales growth and slowing margin expansion [7]

Core Insights - Carvana Co. (NYSE:CVNA) is recognized for its strong profitability outlook and is included in a list of stocks expected to double in value over the next five years [1] Group 1: Financial Performance and Market Position - Carvana's CEO, Ernest C. Garcia III, indirectly sold $3.73 million worth of Class A Common Stock at prices between $369.30 and $378.39, while retaining significant ownership through direct and trust-held shares [2] - Following an upgrade from JPMorgan, Carvana raised its price target to $425, supported by robust asset-backed securities markets, strong fundamentals, and solid second-quarter performance [3] - Despite facing challenges such as AI model proliferation, a partnership between Amazon and Hertz, an ongoing SEC investigation, and recent bankruptcy developments, Carvana continues to expand its market share, maintain capacity growth, and strengthen its balance sheet [3] Group 2: Business Operations - Carvana operates an online marketplace for buying and selling used automobiles in the U.S., offering a range of services including financing, logistics, vehicle acquisition, inspection, reconditioning, and customer support [4]

Core Insights - Major online used car vendors in India are preparing for potential stock listings that could raise over $1 billion combined [1][2] - Three unicorn startups, CARS24, CarDekho, and Spinny, are in early discussions with bankers to gauge investor interest and assess necessary restructuring for initial public offerings (IPOs) [2][3] - The companies aim to launch their IPOs within the next 12 to 18 months, although they have not yet engaged advisers for documentation [3] Industry Trends - The online used car marketplace is capitalizing on increasing investor interest in domestic-focused businesses in India, which has become the third busiest IPO market globally in 2025, raising over $10 billion through first-time share sales [4] - The pressure to streamline operations is evident as early investors push for profitability amid a tightening flow of private capital in the crowded second-hand car market [6] Company Developments - CARS24 has undergone significant operational changes, including job cuts and the closure of non-core ventures, to concentrate on its primary used-car marketplace [5][6] - CARS24 reported a loss of 5 billion rupees for the year ending March 2024 and had previously raised approximately $450 million at a valuation of $3.2 billion [7] - Competitor CarDekho has postponed its IPO plans and is merging its insurance arm with another company, while Spinny is also seeking fresh capital and slowing down expansion [7][8] Business Restructuring - Smaller rival Droom is refocusing on premium and luxury segments and is looking to refile IPO documents after significant revenue declines [9] - All mentioned companies, including CarDekho, Spinny, and Droom, reported losses for the year ending March 2024 [10] Market Performance - CarTrade Tech Ltd., the only publicly traded company in this sector, experienced a successful IPO in 2021 with demand exceeding 20 times the shares offered, and its stock has risen 63% this year, outperforming the NSE Nifty 50 Index [11]