"Carvana ( NYSE: CVNA) is down 15.1% over the past week, extending a brutal month that has seen shares fall 25.2% since mid-January. Yet Wall Street analysts still see the online used car retailer climbing to an average target of $481.05, implying 40.3% upside from current levels. That gap between price and target is now one of the widest among major consumer stocks,"
"The recent drop wasn't driven by disappointing earnings. In fact, Carvana's Q3 2025 results filed October 29 showed revenue of $5.65 billion, beating the $5.18 billion consensus estimate by a wide margin. The company reported record operating income of $552 million and guided for $2.0 to $2.2 billion in adjusted EBITDA for full year 2025. CEO Ernie Garcia called it "another exceptional quarter" and emphasized the company still has "significant capacity for growth.""
Carvana's shares declined sharply, falling about 25.2% since mid-January and 15.1% over the past week after peaking at $478.45 on January 22. The selloff followed fraud allegations tied to accounting practices and subprime loans at Bridgecrest, and prompted heavy trading including a January 28 volume spike of 19.8 million shares. Financial results remain robust, with Q3 2025 revenue of $5.65 billion, record operating income of $552 million, and guidance of $2.0–$2.2 billion in adjusted EBITDA for 2025. Analysts maintain an average $481.05 price target, implying roughly 40% upside versus current levels.
Read at 24/7 Wall St.
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