What's the secret behind Carvana's success, and what does its stock price say about the way drivers are shopping for used ...
The value of the used-car marketplace's stock has sharply soared following news of its incoming entry into the S&P 500.
Used car retailer Carvana, facing a cash crunch, could be headed towards bankruptcy, according to both published reports and a bearish analyst's call that slashes its share-price target to $1. In ...
Carvana is emailing drivers offering to buy their used vehicles. Americans strapped for cash could jump on this opportunity and miss out on a demand increase. Here's where the used car market is ...
Carvana continues to outperform the industry, growing retail sales units by 46% compared to a -2% average for other auto dealers. Profitability is surging, with adjusted EBITDA margins roughly double ...
Carvana shares surged over 50% since mid-January, driven by rebounding used car sales and market dismissal of the Hindenburg short report. A renewed credit facility with Ally Bank and plateauing auto ...
In a report released today, Brad Erickson from RBC Capital maintained a Hold rating on Carvana Co (CVNA – Research Report), with a price target of $170.00. The company’s shares closed yesterday at ...
Online used-car retailer Carvana Co. doubled its profits in the first quarter with record vehicle volume and a substantial gain in loan sales. Carvana reported a 46% increase in vehicle sales as ...
The used car market is experiencing a period of dynamic change, with evolving consumer preferences, technological advancements, and economic factors shaping the fortunes of key players. CarMax (NYSE: ...
Forbes contributors publish independent expert analyses and insights. I cover the pervasive, yet little-understood auto industry. Nov 01, 2024, 02:36pm EDT Nov 04, 2024, 10:21am EST An eight story car ...
Carvana (NYSE:CVNA) has observed the following analyst ratings within the last quarter: According to 6 analyst offering 12-month price targets in the last 3 months, Carvana has an average price target ...
To boost domestic production, U.S. President Trump is imposing 25% tariffs on imported cars and key auto parts, including engines, powertrains, and transmissions. These tariffs, set to take effect ...