$CVNA

Citizens maintained its Market Outperform rating on Carvana (CVNA) with an $83 price target ahead of earnings. The firm adjusted Q3 projections, increasing retail unit estimates but reducing gross profit per unit. CVNA shares are down 29% YTD and 7% since last earnings, trading at $59.23. Citizens cited Carvana's expanding vehicle selection and AI-driven operations as growth factors. BTIG, Stephens, and Jefferies also recently commented on CVNA, with varying price targets and ratings.

Carvana (CVNA) reports Q3 results on Oct. 28. Major shareholder Cliff Sosin highlights the company's strong infrastructure and brand, suggesting limited downside. Q2 revenue rose 52% to $7.38B, but adjusted EBITDA margin fell to 10.4% from 12.4% due to revenue booking changes. Analysts expect normalized EPS to rise 37% by 2027. The stock trades at 28x forward earnings.

Carvana (CVNA) reports Q3 earnings Wednesday. Last quarter, revenue was $7.38B, up 52.4% YoY, but EBITDA guidance missed expectations. Analysts expect 35.4% YoY revenue growth this quarter. CVNA shares are down 6.2% in the last month, with an average price target of $81.33.

Carvana (CVNA) reports Q3 earnings on Oct. 28, with revenue up 52.4% YoY to $7.38B, but margins compressed. EPS beat estimates at $0.42. Full-year EBITDA guidance raised to $2.7B-$3B. Shares down 31.51% YTD. Analysts expect Q3 EPS of $0.44 and revenue of $7.67B. Inventory and financing margins are key focuses.

Carvana's acquisition of a Stellantis dealership in Arizona has transformed it into the top-selling Stellantis dealer in the U.S., with monthly sales nearing 1,000 vehicles. The store leverages Carvana's online platform to sell nationwide, shipping cars to buyers across 37 states. Carvana's model reduces the need for traditional sales staff, focusing on online sales and delivery. Despite potentially higher prices, the store's volume suggests strong demand for its convenience.

Carvana (CVNA) stock fell 27% in six months, underperforming the S&P 500. The company reports increased sales and inventory in regions with added capacity, with retail units sold up 38% in Q2 2026. However, profit per car declined. Revenue grew 52%, but costs and market conditions pose risks. CVNA trades at 26.9x trailing earnings, higher than the S&P 500 average.

Chewy (CHWY) is down 15.4% since Q2 earnings, trading at $22.31. Coupang (CPNG) reported $8.86B revenue, up 3.9% YoY, missing estimates, and is down 14.5%. Carvana (CVNA) beat expectations with $7.38B revenue, up 52.4% YoY, but is down 11.4%. Wayfair (W) reported $3.52B revenue, up 7.5% YoY, and is up 25.6%.

Carvana (CVNA) stock is down 31% YTD to $58.11, underperforming rivals CarMax (KMX) and AutoNation (AN). Q2 2026 saw record sales but lower profit per vehicle. Carvana plans to expand reconditioning capacity and expects $2.7B-$3B adjusted EBITDA for 2026. Q3 results will test management's profit strategy.

Carvana (CVNA) reported Q2 revenue of $7.38B, up 38% YoY, with net income of $513M. CEO Ernie Garcia highlighted industry-leading growth and low market share. Morgan Stanley cut its price target to $88, citing higher interest rates squeezing financing profits. Shares are down 30.30% YTD. Q3 results are due Oct 28.

Revolve (RVLV) reported Q2 revenue of $347.4M, up 12.4% YoY, beating expectations. Coupang (CPNG) reported $8.86B, up 3.9%, missing estimates. Chewy (CHWY) reported $3.33B, up 7.3%, in line with expectations. Amazon (AMZN) reported $200.6B, up 19.6%, beating estimates. All stocks except Amazon declined post-earnings.