Stephens raises Carvana's PT on expectation for strong Q2 growth
View all comments(0)
Stephens raises price target on auto vehicles, parts & service retailers firm Carvana CVNA.N to $375 from $300, reiterates rating at 'overweight'
The new PT represents a 7.7% upside to the stock's last close
Says company is expected to report strong second-quarter growth, driven by higher vehicle sales, fresher inventory and strategic pricing changes—signaling a shift toward new approaches aimed at boosting performance
Raised 2025 EPS forecast to $5.45 from $5.18
Shares are marginally down at $347 in premarket trade
12 of 21 brokerages rate the stock "buy" or higher, 8 "hold" and 1 "sell"; their median PT is $310- data compiled by LSEG
As of last close, stock had risen 71.3% YTD
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Like
Recommended Articles
Featured Tools
Top News
Why SanDisk Stock Could Soar to $4,000?

AI Chip Sector Adds Heavyweight Player, Nvidia Rival Cerebras Plans to List Next Week, Targeting Largest US IPO of the Year

Trump Administration Brokers. Intel and Apple Reach Chipmaking Agreement, Shares Surge More Than 13%

Is Micron the Next Nvidia? Why the 2026 "Memory Crunch" Makes MU Stock a Top AI Buy

Global First Storage ETF Surges 88% Five Weeks After Listing. Is It Too Late to Buy Now?

Tradingkey








Comments (0)
Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.