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.
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Source Fool.com
Carvana Co. Stock
€61.27
3.140%
With 57 Buy predictions and not a single Sell prediction Carvana Co. is an absolute favorite of our community.
Based on the current price of 61.27 € the target price of 398 € shows a potential of 549.58% for Carvana Co. which would more than double the current price.
