Why Shares of Carvana Are Surging This Week
Since the close of trading last Friday, shares of the online used-car retailer (NYSE: CVNA) had surged roughly 11.4%, as of 10:26 a.m. ET today. The company reported strong second-quarter earnings this week and received several price target increases from Wall Street analysts.
In the second quarter of 2025, Carvana reported $308 million of net income on total revenue of $4.8 billion. Profits are up more than fivefold on a year-over-year basis, while revenue surged 42%. During the quarter, Carvana sold an all-time high 143,280 retail units.
Image source: Getty Images.
Source Fool.com
Carvana Co. Aktie
58,66 €
-2,48 %
Die Aktie ist derzeit ein absoluter Favorit unserer Community mit 57 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung.
Das von der Community festgelegte Kursziel für Carvana Co. von 398 € würde den aktuellen Kurs von 58.66 € mehr als verdoppeln.
