Carvana's Stunning Rebound: 96% YTD

Carvanas stock surged in 2025, with a 96% year-over-year increase, reaching a record high of $485.33 after being added to the S&P 500. The companys Q3 results showed a 44% increase in retail sales and a 55% rise in revenue, leading to a market cap of $96.1 billion. Analysts are bullish, with 24 out of 24 rating it a strong buy, and an average target price of $453. Despite market headwinds and competition, Carvanas projected earnings growth of over 400% in 2026 keeps investors optimistic.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.