Jefferies forecasts Carvana could report its largest quarterly sales beat since early 2025, driven by accelerating vehicle sales growth reaching about 40% recently. The broker raised its retail unit forecast to 35% year-over-year growth, 2.5% above consensus, supported by new reconditioning megasites and productivity software. Higher-end vehicle mix and rising listing prices are expected to boost retail revenue per unit by 5%, while lower borrowing rates may help maintain affordability. Carvana's shares rose 5% to $63.34 following the positive outlook.
Carvana's stock price on Pluang is up 5.44% at USD 63.79 as of Sep 30, 2026 02:21 WIB, closely matching the article's note of a 5% rise. The company holds a market cap of $66.55 billion with a daily volume of over 15 million shares traded, indicating strong investor interest. This trading activity aligns with Jefferies' optimistic sales forecast and recent operational improvements.
CarMax reported a strong fiscal Q2 with earnings of $1.16 per share, driven by higher used vehicle sales and improved auto finance income. The company plans to resume share buybacks after a pause, signaling confidence in its financial position. While...
Carvana reported its 10th consecutive quarter of record profitability and revenue growth in Q2 FY26. Retail unit sales increased 38% year-over-year to 197,325 units, and revenue grew 52% to $7.38 billion. The company’s growth is limited by inventory ...
