Carvana's stock was upgraded to buy following strong Q3 results, including approximately 40% unit sales growth that outpaces flat industry peers despite a weak consumer environment. The company aims for long-term targets of 3 million annual retail vehicle sales and a 13.5% adjusted EBITDA margin, leveraging its existing infrastructure. Carvana also plans to shift to GAAP financial reporting starting in 2027, signaling a move toward greater financial discipline and maturity. This upgrade reflects confidence in Carvana's growth potential and operational improvements amid challenging market conditions.
Carvana's stock price on Pluang is USD 64.81, up 9.75% as of Oct 29, 2026 20:21 WIB. The company has a market cap of $64.98 billion and a 52-week trading range between $56.27 and $95.69. Despite strong sales growth, Pluang order activity shows 95% selling and only 5% buying interest currently.
