Carvana Co. Class A Aktie News

Wayfair delivered one of its strongest quarters in recent years. ThredUp remains our largest investment. Carvana estimates its U.S. market share is still only about 1.5%.

Carvana Co. (NYSE:CVNA) shares fell sharply on Wednesday after prominent short seller Jim Chanos said he saw “lots of red flags” in the company's business model and financial disclosures. His comments, made during an investor presentation, reignited concerns about Carvana's exposure to the subprime auto lending market and the sustainability of its recent growth.

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced that it has joined LOT Network, a global consortium of companies committed to protecting innovation by deterring frivolous litigation from patent assertion entities (PAEs). Carvana develops most of its technology in-house, from its online purchase platform to systems powe...

SAN DIEGO--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced the launch of same-day vehicle delivery in the greater San Diego area. Select local customers can now take delivery of their newly purchased vehicle the same day they place an order on Carvana.com. San Diego customers looking to sell a car can also take advantage of as-...

Online car retailer Carvana Co (NYSE:CVNA) is trading 1.5% higher at $338.61 at last check, adding to its already 66% year-to-date gain and attempting to recover some of its 10% quarterly loss.

Carvana earns a Buy rating due to its successful turnaround, profitable growth, and innovative online used car buying platform. CVNA rebounded from losses, achieving strong revenue growth, improved margins, and disciplined cost management, resulting in scalable profits and a healthier balance sheet. Valuation appears high but is justified by operational improvements and sustained profitability.

After near-collapse in 2022, Carvana rose from the ashes with GPU and cost efficiency driving its comeback. A record-high turnover keeps cash flowing and underscores operational precision. Potential Fed rate cuts and resilient used-car prices give CVNA a favorable demand and margin backdrop.