Carvana Co.
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Track Carvana Co. in real time with a live news feed covering Carvana Co. stock news, official press releases, company announcements, and an archive of historical Carvana Co. news. ...more
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Megan Brantley from @LikeFolio discusses Carvana (CVNA), saying consumer demand remains strong as buyers continue choosing the online used-car retailer at an increasing rate. She believes the stock was overly punished following its earnings reaction and maintains that the underlying business remains strong.
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Megan Brantley from @LikeFolio discusses Carvana (CVNA), saying consumer demand remains strong as buyers continue choosing the online used-car retailer at an increasing rate. She believes the stock was overly punished following its earnings reaction and maintains that the underlying business remains strong.
Read full article
Megan Brantley from @LikeFolio discusses Carvana (CVNA), saying consumer demand remains strong as buyers continue choosing the online used-car retailer at an increasing rate. She believes the stock was overly punished following its earnings reaction and maintains that the underlying business remains strong.
Read full article
Carvana Co. (NYSE:CVNA) shares fell nearly 12% on Thursday morning despite the company reporting record second-quarter profits, as investors weighed a disappointing full-year earnings outlook against another quarter of outsized growth. The online used-car retailer posted record net income of $513 million, up $205 million from a year earlier, while adjusted EBITDA rose $168 million year-over-year to a record $769 million.
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Carvana (CVNA) opened in the “red” this morning as management's lowered guidance tempered the firm's record Q2, featuring a 38% increase in retail units sold. Still, Needham's senior analyst Chris Pierce recommends buying the dip in CVNA, noting it could actually double from current levels over the next 12 months.
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Automotive eCommerce firm Carvana's continuing rollout of software platforms across its operations contributed to the company's record second-quarter results, Carvana President, CEO and Chairman Ernie Garcia said during a Wednesday (July 29) earnings call. During the second quarter, Carvana set records in retail units sold, quarterly Q2 net income and adjusted EBITDA.
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Carvana scales its platform as Q2 results show record retail units, revenue growth and a focus on inventory expansion and execution.
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Carvana Co. (NYSE:CVNA) shares are trading lower Thursday after the company reported second-quarter financial results. Also, Needham and Morgan Stanley lowered their respective price targets on the stock.
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Stock futures are higher, shrugging off yesterday's selloff that dragged the Dow to its worst day since April 2025
Read full articleCarvana stock declines with Wall Street unwilling to ‘reward' the used-car retailer's full-year earnings guidance.
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Carvana Co. (CVNA) Q2 2026 Earnings Call Transcript
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Retail Units Sold: 197,325 units in Q2 2026, a 38% increase year-over-year, a new company record.Revenue: $7.376 billion in Q2 2026, a 52% increase year-over-ye
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