
Carvana (CVNA) Stock Forecast & Price Target
Carvana (CVNA) Analyst Ratings
Bulls say
Carvana Co is experiencing significant growth in its reconditioning capacity, which is enhancing inventory levels and supporting a mid-single-digit compound annual growth rate (CAGR) in sales volume through 2030. The company's integrated business model positions it to capitalize on rising tariffs, providing a cost advantage that is likely to attract more consumers and facilitate market share expansion. Additionally, a notable increase in website inventory, up 46% year-over-year and 19% quarter-over-quarter, reflects Carvana's strategic positioning in a shifting industry landscape towards digital transactions.
Bears say
Carvana Co. is facing multiple challenges that contribute to a negative outlook on its stock, including a significant decrease in gross profit per used vehicle sold compared to traditional dealers, with reported declines averaging $194 quarter-over-quarter. Additionally, the company has provided vague guidance for retail units, suggesting potential modest decreases in sales during a seasonally weak fourth quarter, particularly in light of its heavy exposure to electric vehicles, which may experience reduced demand. Compounding these issues are broader macroeconomic concerns around subprime auto delinquencies and difficulties in accessing the asset-backed securitization market, which could limit Carvana's operational capabilities and financial stability.
This aggregate rating is based on analysts' research of Carvana and is not a guaranteed prediction by Public.com or investment advice.
Carvana (CVNA) Analyst Forecast & Price Prediction
Start investing in Carvana (CVNA)
Order type
Buy in
Order amount
Est. shares
0 shares