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
€333.95
0.800%
The stock is an absolute favorite of our community with 52 Buy predictions and no Sell predictions.
On the other hand, the target price of 327 € is below the current price of 333.95 € for Carvana Co., so the potential is actually -2.08%.
