Carvana Co. Class A Stock News

Carvana (CVNA -7.46%) has weathered unprecedented circumstances to find itself with an opportunity to take meaningful market share in the used car industry.

Carvana has rebounded from a challenging 2022-2023, showing significant growth in units sold, revenue, and gross profit while reducing costs and debt. The company's restructuring plan has led to positive adjusted EBITDA, free cash flow, and a 30% reduction in total debt, positioning it for future growth. CVNA's unique e-commerce platform offers a seamless car buying experience, outperforming co...

Carvana (NYSE:CVNA) shares rose in early trading on Tuesday after Morgan Stanley upgraded the stock, citing an attractive entry point following a recent pullback. The used-car retailer's stock climbed more than 6% to $227.

Carvana's stock price has declined ~6% YTD after a strong gain earlier in the year, mainly due to market concerns over tariffs and high valuations. Despite a negative market reaction, Carvana's 4Q24 earnings showed strong retail sales growth, improved efficiency, and a significant rise in adjusted EBITDA margin. Current 1Q25 trends indicate continued robust retail unit sales growth and increase...

Carvana's stock has dropped over 40% from its February peaks, presenting a buying opportunity at a reasonable ~22x adjusted EBITDA multiple. The company's Q4 results showed strong retail unit sales and healthy adjusted EBITDA margin expansion, reinforcing my buy rating. Management continues to expect sequential growth in retail unit sales in Q1 and in FY25, despite a tough macroeconomy.

Carvana Co. (NYSE:CVNA) shares added more than 5% on Thursday after it received positive reports from two brokers, with Bank of America analysts stating Amazon Autos' expansion could boost sales for other online auto retailers. The analysts suggested that Carvana is unlikely to face significant pressures from Amazon's entry into the auto market, which aligns more closely with third-party listin...

Carvana (CVNA 4.25%) stock is posting big gains in Thursday's trading thanks to bullish analyst coverage. The company's share price was up 4.8% as of 2:15 p.m.

Investors should load up on Carvana Co (NYSE: CVNA) following a more than 35% decline in its stock price since mid-February, says Alexander Potter – a Piper Sandler analyst. Carvana shares have been hit hard in recent weeks amidst the broader market sell-off due to continued uncertainty coming out of the White House.