Carvana (NYSE:CVNA) Sees Positive Outlook from RBC Capital and Strong Market Performance

  • RBC Capital upgrades Carvana (NYSE:CVNA) to "Outperform" amid a bullish trend in used car sales.
  • Carvana's stock price nears 52-week high, indicating strong market confidence ahead of its earnings report.
  • Projected significant revenue and EPS growth for 2025, with a history of exceeding EPS estimates in three of the past four quarters.

Carvana (NYSE:CVNA) is an online platform for buying and selling used cars, offering a seamless experience for customers to purchase vehicles without visiting a dealership. Competing with companies like Vroom and Shift Technologies in the online used car market, Carvana has recently received an "Outperform" rating from RBC Capital, reflecting confidence in its future performance.

Carvana's stock price is currently $284.53, following a 52-week high of $291.27. This high indicates strong market performance ahead of its upcoming earnings report, despite the stock remaining below its 2021 peak. The surge in used car sales, as noted by Landon Swan from LikeFolio, is a key driver of this bullish trend.

Since mid-January, Carvana's shares have surged over 50%, driven by the rebound in used car sales and the market's disregard for the Hindenburg short report. The company has bolstered its financial position with a renewed credit facility from Ally Bank. Additionally, stabilized auto loan default rates support Carvana's foundation for 2025.

Carvana is set to announce its fourth-quarter 2024 financial results, with the Zacks Consensus Estimate predicting earnings of 24 cents per share and revenues of $3.33 billion. This marks a significant improvement from the previous year's loss of $1 per share. The expected revenue indicates a 37.2% year-over-year increase.

Looking ahead to 2025, Carvana projects revenues of $16.24 billion, a 20.8% rise from the previous year, and an EPS of $2.85, representing a substantial 123% increase. Over the past four quarters, Carvana has exceeded EPS estimates three times, showcasing its strong financial performance.

Symbol Price %chg
BELI.JK 388 0
MAPA.JK 670 0
BUKA.JK 126 0
ACES.JK 505 0
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Carvana (NYSE:CVNA) Maintains "Sell" Rating Amidst Market Fluctuations

  • Citigroup maintains a "Sell" rating for Carvana (NYSE:CVNA), with a notable stock price of $345.92.
  • Carvana's stock experienced a 3.19% decrease, contrasting with the broader market's mixed performance.
  • Anticipation builds for Carvana's earnings report, expecting a 678.57% increase in EPS and a 34% rise in revenue.

On July 9, 2025, Citigroup maintained its "Sell" grade for Carvana (NYSE:CVNA), advising investors to hold their positions. At the time, Carvana's stock price was $345.92. Carvana is an online platform for buying and selling used cars, known for its car vending machines and home delivery service. It competes with companies like Vroom and CarMax in the used car market.

Carvana's stock price closed at $345.92, marking a 3.19% decrease from the previous trading session. This decline was more pronounced than the S&P 500's slight loss of 0.07% and the Dow's 0.37% drop, although the Nasdaq saw a minor increase of 0.03%. Despite this dip, Carvana's shares have risen by 5.12% over the past month, outperforming the Retail-Wholesale sector's 1.87% gain and the S&P 500's 3.94% increase.

Investors are eagerly anticipating Carvana's upcoming earnings report, set for release on July 30, 2025. The company is expected to report an earnings per share (EPS) of $1.09, which represents a substantial 678.57% increase from the same quarter last year. Additionally, the consensus estimate forecasts Carvana's revenue to reach $4.57 billion, marking a 34% rise compared to the equivalent quarter of the previous year.

The current stock price of CVNA is $345.92, reflecting a decrease of 3.19% or $11.40. Today, the stock has fluctuated between a low of $343.01 and a high of $363.40. Over the past year, CVNA has reached a high of $364 and a low of $118.50. The company's market capitalization stands at approximately $74.08 billion, with a trading volume of 2,830,244 shares on the NYSE.

Carvana Co. (NYSE:CVNA) Sees Positive Outlook from Morgan Stanley with "Overweight" Rating

  • Morgan Stanley upgraded Carvana Co. (NYSE:CVNA) to an "Overweight" rating, indicating a strong confidence in the company's market potential.
  • Carvana is expected to report a significant improvement in its first-quarter 2025 financial results, with earnings of 75 cents per share and revenues of $4.04 billion.
  • The company's full-year 2025 revenue and EPS projections show a substantial growth, with revenues expected to reach $17.2 billion and EPS at $3.67.

Carvana Co. (NYSE:CVNA), often dubbed the "Amazon of Auto Retail," is making waves in the online used car retail market. By offering a seamless online purchasing experience, Carvana stands out against both traditional car dealerships and other online competitors. The company's innovative approach aims to secure a larger slice of the burgeoning e-commerce auto market.

On May 6, 2025, Morgan Stanley expressed its optimism about Carvana's future by upgrading its rating to "Overweight." This upgrade reflects a vote of confidence in Carvana's ongoing success, particularly noting its stock price at $258.81. According to Benzinga, this decision underscores Carvana's consistent ability to surpass earnings expectations over the past four quarters, solidifying its reputation for reliability in the auto retail sector.

Looking ahead, Carvana is poised to announce its first-quarter 2025 financial results. Analysts, according to the Zacks Consensus Estimate, predict earnings of 75 cents per share on revenues of $4.04 billion. This marks a significant turnaround from the previous year's first quarter, where Carvana reported a loss of 41 cents per share. The expected 32% year-over-year revenue growth further cements Carvana's positive momentum in the market.

For the entirety of 2025, projections for Carvana's revenues stand at $17.2 billion, a 25.8% increase from the prior year. The consensus estimate for 2025 earnings per share (EPS) is $3.67, which would represent a 130.8% increase. These figures underscore Carvana's robust financial health and its adeptness at tapping into the increasing demand for online car sales.

As of now, Carvana's stock price is $258.81, experiencing a minor dip of 0.29% or $0.76. The stock's daily trading range has been between $253.49 and $260.97, with a market capitalization hovering around $55.25 billion. Over the past year, Carvana's stock has seen considerable volatility, peaking at $292.84 and bottoming out at $97.55, illustrating the dynamic and fluctuating nature of the market.

Carvana Co. (NYSE:CVNA) Sees Positive Outlook from Morgan Stanley with "Overweight" Rating

  • Morgan Stanley upgraded Carvana Co. (NYSE:CVNA) to an "Overweight" rating, indicating a strong confidence in the company's market potential.
  • Carvana is expected to report a significant improvement in its first-quarter 2025 financial results, with earnings of 75 cents per share and revenues of $4.04 billion.
  • The company's full-year 2025 revenue and EPS projections show a substantial growth, with revenues expected to reach $17.2 billion and EPS at $3.67.

Carvana Co. (NYSE:CVNA), often dubbed the "Amazon of Auto Retail," is making waves in the online used car retail market. By offering a seamless online purchasing experience, Carvana stands out against both traditional car dealerships and other online competitors. The company's innovative approach aims to secure a larger slice of the burgeoning e-commerce auto market.

On May 6, 2025, Morgan Stanley expressed its optimism about Carvana's future by upgrading its rating to "Overweight." This upgrade reflects a vote of confidence in Carvana's ongoing success, particularly noting its stock price at $258.81. According to Benzinga, this decision underscores Carvana's consistent ability to surpass earnings expectations over the past four quarters, solidifying its reputation for reliability in the auto retail sector.

Looking ahead, Carvana is poised to announce its first-quarter 2025 financial results. Analysts, according to the Zacks Consensus Estimate, predict earnings of 75 cents per share on revenues of $4.04 billion. This marks a significant turnaround from the previous year's first quarter, where Carvana reported a loss of 41 cents per share. The expected 32% year-over-year revenue growth further cements Carvana's positive momentum in the market.

For the entirety of 2025, projections for Carvana's revenues stand at $17.2 billion, a 25.8% increase from the prior year. The consensus estimate for 2025 earnings per share (EPS) is $3.67, which would represent a 130.8% increase. These figures underscore Carvana's robust financial health and its adeptness at tapping into the increasing demand for online car sales.

As of now, Carvana's stock price is $258.81, experiencing a minor dip of 0.29% or $0.76. The stock's daily trading range has been between $253.49 and $260.97, with a market capitalization hovering around $55.25 billion. Over the past year, Carvana's stock has seen considerable volatility, peaking at $292.84 and bottoming out at $97.55, illustrating the dynamic and fluctuating nature of the market.

Carvana (NYSE:CVNA) Stock Upgrade and Market Performance Insights

  • Piper Sandler upgraded Carvana (NYSE:CVNA) to an "Overweight" rating, indicating a positive outlook on the company's future growth.
  • Morgan Stanley increased its price target for Carvana, contributing to the stock's upward trajectory and investor optimism.
  • Carvana's current stock price reflects a significant increase, showcasing its volatility and the market's confidence in its innovative approach to the online used-car retail market.

Carvana (NYSE:CVNA) is a prominent player in the online used-car retail market. The company offers a unique car-buying experience by allowing customers to purchase vehicles entirely online. Carvana's innovative approach has set it apart from traditional car dealerships, making it a significant competitor in the automotive retail industry.

On March 31, 2025, Piper Sandler upgraded Carvana's stock to an "Overweight" rating from a previous "Neutral" grade. At that time, the stock price was $208.78. This upgrade reflects growing confidence in Carvana's market position and potential for future growth. As highlighted by Benzinga, the article "A Closer Look at Carvana's Options Market Dynamics" provides further insights into the company's market activities.

Carvana's stock has been on an upward trajectory, supported by a recent upgrade from Morgan Stanley. The investment bank increased its price target for CVNA from $260 to $280, indicating a positive outlook for the company's future performance. This upgrade has contributed to Carvana being one of the market winners as investors anticipate crucial economic data.

Currently, Carvana's stock price is $211.92, marking a 3.67% increase or $7.51 gain. The stock has traded between $193.50 and $213.77 today, showcasing its volatility. Over the past year, CVNA has experienced a high of $292.84 and a low of $67.61, reflecting significant fluctuations in its market value.

Carvana's market capitalization is approximately $45.24 billion, with a trading volume of 3,540,249 shares on the NYSE. This substantial market cap underscores the company's strong presence in the used-car retail sector. As Carvana continues to innovate and expand, its stock performance remains a focal point for investors and analysts alike.

Carvana (NYSE:CVNA) Stock Upgrade and Market Performance Insights

  • Piper Sandler upgraded Carvana (NYSE:CVNA) to an "Overweight" rating, indicating a positive outlook on the company's future growth.
  • Morgan Stanley increased its price target for Carvana, contributing to the stock's upward trajectory and investor optimism.
  • Carvana's current stock price reflects a significant increase, showcasing its volatility and the market's confidence in its innovative approach to the online used-car retail market.

Carvana (NYSE:CVNA) is a prominent player in the online used-car retail market. The company offers a unique car-buying experience by allowing customers to purchase vehicles entirely online. Carvana's innovative approach has set it apart from traditional car dealerships, making it a significant competitor in the automotive retail industry.

On March 31, 2025, Piper Sandler upgraded Carvana's stock to an "Overweight" rating from a previous "Neutral" grade. At that time, the stock price was $208.78. This upgrade reflects growing confidence in Carvana's market position and potential for future growth. As highlighted by Benzinga, the article "A Closer Look at Carvana's Options Market Dynamics" provides further insights into the company's market activities.

Carvana's stock has been on an upward trajectory, supported by a recent upgrade from Morgan Stanley. The investment bank increased its price target for CVNA from $260 to $280, indicating a positive outlook for the company's future performance. This upgrade has contributed to Carvana being one of the market winners as investors anticipate crucial economic data.

Currently, Carvana's stock price is $211.92, marking a 3.67% increase or $7.51 gain. The stock has traded between $193.50 and $213.77 today, showcasing its volatility. Over the past year, CVNA has experienced a high of $292.84 and a low of $67.61, reflecting significant fluctuations in its market value.

Carvana's market capitalization is approximately $45.24 billion, with a trading volume of 3,540,249 shares on the NYSE. This substantial market cap underscores the company's strong presence in the used-car retail sector. As Carvana continues to innovate and expand, its stock performance remains a focal point for investors and analysts alike.

Morgan Stanley Upgrades Carvana to Overweight, Sees Over 30% Upside After Pullback

Morgan Stanley upgraded Carvana (NYSE:CVNA) from Equalweight to Overweight, lifting its price target to $280 from $260, citing the stock’s recent decline as a compelling entry point into a leader in online auto retail and fleet logistics.

The analysts highlighted that a sharp pullback in Carvana’s share price now presents an attractive risk-reward profile, with more than 30% upside to the new price target and potential gains of up to 90% in a bullish scenario that sees shares reaching $400.

Morgan Stanley previously upgraded the stock to Equalweight in November, recognizing Carvana’s significant improvement in fundamentals but cautioning about risks tied to growth sustainability, profit margins, and its leveraged balance sheet, particularly amid uncertainty in the U.S. auto credit and asset-backed securities (ABS) market.

Since then, Carvana has made notable progress, delivering profitable growth while actively addressing its debt load. Despite its customer base being more exposed to subprime auto credit than peers, the company continues to show solid operational execution.

Morgan Stanley Upgrades Carvana to Overweight, Sees Over 30% Upside After Pullback

Morgan Stanley upgraded Carvana (NYSE:CVNA) from Equalweight to Overweight, lifting its price target to $280 from $260, citing the stock’s recent decline as a compelling entry point into a leader in online auto retail and fleet logistics.

The analysts highlighted that a sharp pullback in Carvana’s share price now presents an attractive risk-reward profile, with more than 30% upside to the new price target and potential gains of up to 90% in a bullish scenario that sees shares reaching $400.

Morgan Stanley previously upgraded the stock to Equalweight in November, recognizing Carvana’s significant improvement in fundamentals but cautioning about risks tied to growth sustainability, profit margins, and its leveraged balance sheet, particularly amid uncertainty in the U.S. auto credit and asset-backed securities (ABS) market.

Since then, Carvana has made notable progress, delivering profitable growth while actively addressing its debt load. Despite its customer base being more exposed to subprime auto credit than peers, the company continues to show solid operational execution.