Similarly, JPMorgan showed confidence in Carvana's prospects, raising the stock target to $350 while keeping an Overweight rating. The firm anticipates Carvana's positive performance to continue ...

Revenue Growth: Carvana's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 31.81%.

Reason No. 2 not to buy: Carvana's debt challenges Investors may also ponder whether Carvana is past its long-term debt struggles. Indeed, only $209 million of its $5.6 billion in total long-term ...

Carvana's financial performance in early 2024 showcased considerable improvements. The company reported progress in enhancing gross profit margins, which rose to 17.58%, albeit still below the ...

Carvana's EV sales reach 5.7% in 2024, outperforming the 1.3% industry average, driven by buyer interest in savings and performance. Carvana integrates its Inspection and Reconditioning Center at ...

Carvana shares are jumping today following yesterday's first-quarter FY24 results. Several analysts raised the price target on the stock.

For Carvana, interest expense is a big problem given the $6.5 billion of long-term debt sitting on the balance sheet. Interest expense increased from $64 million in the first quarter of 2022 to ...

Carvana.com enables consumers to quickly and easily shop more than 20,000 vehicles, finance, trade-in or sell their current vehicle to Carvana, sign contracts, and schedule as-soon-as-next-day ...

Carvana (NYSE:CVNA), a popular online used car retailer, is continuing to attract Wall Street analysts who see more upside for the company based on its improving operating performance, even on the ...

The most recent trading session ended with Carvana (CVNA) standing at $211.41, reflecting a +1.01% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 0.13%.

Carvana stock rallied after a strong Q3 earnings, up 400% YTD. Still, we have to watch out as the car industry is very cyclical, and many of the company's current margin drivers may reverse.