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With tariffs impacting vehicle prices, Karl Brauer looks at the pricing fluctuation potential for new and used cars. Looking at Carmax (KMX) and Carvana (CVNA) as two of the largest used vehicle retailers, Karl sees a lot of reach for KMX and says the tricky part will be incremental growth.
Here is how Carvana (CVNA) and Industria de Diseno Textil SA (IDEXY) have performed compared to their sector so far this year.
The online used car retailer has staged a comeback over the past year, with its stock price surging up over 100%. However, this rally has recently encountered resistance.
CVNA plans to establish an integrated auction and reconditioning Megasite in Phoenix to boost its overall processing capacity and enhance services in the region.
The consensus price target hints at a 57% upside potential for Carvana (CVNA). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
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PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its first quarter 2025 financial results for the period ended March 31, 2025, after the market closes on Wednesday, May 7, 2025. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results. What: Carvana First Quarter 2025 Financial Results Conference Call W.
Carvana (CVNA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced plans for an auction and reconditioning ‘Megasite' integration in Phoenix. This effort will bring Carvana's Inspection and Reconditioning Center (IRC) capabilities to its existing ADESA Phoenix wholesale auction location while maintaining digital and in-lane auction operations on site. The integration will expand Carvana's overall production capacity and enhance its o.