Carvana Co. Class A Stock News

Carvana (NYSE: CVNA) is in focus on Monday morning after famed investor Jim Cramer dubbed it “one of his favourite companies” heading into 2026. In a recent segment of CNBC, the former hedge fund manager said part of the reason why Carmax has massively underperformed this year is that “CVNA has a better business model.

UBS has initiated coverage of Carvana Co. (NYSE:CVNA) with a “Buy” rating on Monday, arguing the online used-car retailer is positioned to capture outsized share in a fragmented market as consumers accelerate their shift to digital vehicle purchases. The brokerage set a 12-month price target of $450, about 20% above Carvana's last close at $374.50, and said its 2026–27 EBITDA forecasts sit roug...

Carvana's share of the used-car market is currently at about 1.5%. One analyst sees a path to much more than that in 10 years.

Carvana (CVNA) stands out as a major disruptor in the used car industry, achieving 40%+ unit growth despite a stagnant market. CVNA's national tech-enabled platform is rapidly gaining market share, with only 1.5% penetration in the fragmented U.S. used car market. Recent Q3 results highlight CVNA's strong execution, with 44% y/y retail unit sales growth and aggressive expansion of reconditionin...

Shoppers are starting to draw the line on what they will pay for a new car, with some turning to used vehicles, taking on longer car loans and holding out for deals.

Carvana Co. (NYSE:CVNA) shares added more than 7% after the used car sales platform was upgraded to an ‘Outperform' rating by Wedbush analysts. The analysts also raised their 12-month price target to $400 from $380, arguing that the recent pullback in the stock presents a buying opportunity.

Carvana jumped Monday as Wedbush Securities upgraded the online used-car seller, calling the recent pullback "overdone."

Shares of auto retailer Carvana (CVNA) jumped Monday after Wedbush upgraded the stock, calling the company the “new used car king.”