Online used car dealer Carvana (NYSE: CVNA) reported Q2 CY2025 results , with sales up 41.9% year on year to $4.84 billion.

At the company's current share price of $67, Carvana trades at a market cap of $9.7 billion - nearly five times the $2 billion valuation that Carvana notched two years ago in its IPO.

Carvana has stated that their financial goals are to achieve 8%-13.5% EBITDA at some point in the future. I would note that these same goals indicate a desire to break even (Net Loss Margin zero ...

The adjustment in the investment firm's outlook is attributed to valuation concerns rather than the impending fourth-quarter results for 2023, which are due to be reported on Thursday, February 22nd.

In response, CVNA is down 4.3% to trade at $127.20. Carvana stock has already shed 42.6% this year, with overhead pressure at the 60-day moving average keeping a lid on its late-March rally attempt.

Once fully scaled, it could help Carvana boost its annual reconditioning capacity to 3 million units — more than double today’s level. If there’s one concern, it’s the balance sheet.

After a rough Q4, Carvana's outlook for 2023 isn't promising, and liquidity issues loom large. The downsides could be more than priced into the discounted valuation. Even after a big year-to-date ...

Gupta cut his rating to underweight, after being at neutral for the past eight months. In August 2022, he had downgraded the stock to underweight citing similar valuation concerns.

Carvana (NYSE:CVNA), a popular online used car retailer, is continuing to attract Wall Street analysts who see more upside for the company based on its improving operating performance, even on the ...

Carvana Co. CVNA -6.87% plans to lay off about 1,500 employees, or about 8% of the company’s workforce, executives said in a Friday memo to staff. The workforce reductions come as the online ...