CVNA - Carvana Co.
Megan Brantley from @LikeFolio discusses Carvana (CVNA), saying consumer demand remains strong as buyers continue choosing the online used-car retailer at an increasing rate. She believes the stock was overly punished following its earnings reaction and maintains that the underlying business remains strong.
Carvana faces mounting concerns as Q2 results reveal compressing gross profit per unit and declining adjusted EBITDA margins. Despite a Q2 beat, CVNA's FY26 profit outlook disappointed, forecasting adjusted EBITDA of $2.70–$3.0 billion and a margin drop to 10.2%. Rich valuation multiples—26.4x EV/FY26 adjusted EBITDA—are now less justified given the lack of margin expansion and weakening profitability metrics.
Shares of Carvana (NYSE:CVNA | CVNA Price Prediction) are down 11% Thursday afternoon, marking Carvana stock's worst session since late January, after full-year guidance underwhelmed.
Carvana Co. (NYSE:CVNA) shares fell nearly 12% on Thursday morning despite the company reporting record second-quarter profits, as investors weighed a disappointing full-year earnings outlook against another quarter of outsized growth. The online used-car retailer posted record net income of $513 million, up $205 million from a year earlier, while adjusted EBITDA rose $168 million year-over-year to a record $769 million.
Carvana (CVNA) opened in the “red” this morning as management's lowered guidance tempered the firm's record Q2, featuring a 38% increase in retail units sold. Still, Needham's senior analyst Chris Pierce recommends buying the dip in CVNA, noting it could actually double from current levels over the next 12 months.
Automotive eCommerce firm Carvana's continuing rollout of software platforms across its operations contributed to the company's record second-quarter results, Carvana President, CEO and Chairman Ernie Garcia said during a Wednesday (July 29) earnings call. During the second quarter, Carvana set records in retail units sold, quarterly Q2 net income and adjusted EBITDA.
Carvana scales its platform as Q2 results show record retail units, revenue growth and a focus on inventory expansion and execution.
Carvana Co. (NYSE:CVNA) shares are trading lower Thursday after the company reported second-quarter financial results. Also, Needham and Morgan Stanley lowered their respective price targets on the stock.
Stock futures are higher, shrugging off yesterday's selloff that dragged the Dow to its worst day since April 2025
Carvana stock declines with Wall Street unwilling to ‘reward' the used-car retailer's full-year earnings guidance.
Carvana Co. (CVNA) Q2 2026 Earnings Call Transcript
Retail Units Sold: 197,325 units in Q2 2026, a 38% increase year-over-year, a new company record.Revenue: $7.376 billion in Q2 2026, a 52% increase year-over-ye
Carvana NYSE: CVNA reported record second-quarter results as retail unit sales rose 38% year over year to 197,325 vehicles and revenue increased 52% to $7.38 billion. The online used-car retailer also posted record adjusted EBITDA of $769 million, net income of $513 million and GAAP operating income of $680 million.
Although the revenue and EPS for Carvana (CVNA) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Carvana (CVNA) came out with quarterly earnings of $0.42 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.26 per share a year ago.
Despite record revenue and profits, the used-car retailer missed Wall Street analysts' expectations.
Carvana Co (NYSE:CVNA) reported second-quarter financial results after the market close on Wednesday. Here's a rundown of the report.
Carvana Co (CVNA) released its 8-K filing on July 29, 2026, showcasing impressive quarterly performance that surpassed analyst expectations in key areas. The co
Carvana said Wednesday it expects earnings of between $2.7 billion and $3 billion this year after reporting record quarterly results for the second quarter. The guidance means the company expects between $1.3 billion and $1.6 billion in adjusted earnings during the second half of this year.
PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling cars, today announced financial results for the quarter ended June 30, 2026. Carvana's complete second quarter 2026 financial results and management commentary are available in the company's shareholder letter on the quarterly results page of its Investor Relations website. “Q2 2026 was Carvana's 10th consecutive quarter of industry-leading growth and profitability, and it was made possible by.