New insider activity at Carvana Co ( (CVNA) ) has taken place on May 16, 2025.
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Director J Danforth Quayle has executed a significant transaction by selling 11,614 shares of Carvana Co stock, amounting to a total value of $3,533,443.
Recent Updates on CVNA stock
Recent developments in Carvana Co.’s stock have led to several analysts raising their price targets. Morgan Stanley increased its target due to Carvana’s record Q1 performance and its potential to significantly grow beyond its current market, driven by its unique positioning in the automotive and transportation sectors. BofA also raised its target following positive insights from a conference, highlighting Carvana’s ongoing megasite conversions and expansion of reconditioning facilities, which are expected to enhance production capacity and market share, particularly in mature markets like Atlanta. Additionally, RBC Capital increased its target, reflecting continued confidence in Carvana’s growth trajectory. These developments have contributed to mixed options sentiment, with fluctuations in share prices and a modestly bullish tone in the market.
Spark’s Take on CVNA Stock
According to Spark, TipRanks’ AI Analyst, CVNA is a Outperform.
Carvana’s overall performance is bolstered by strong financial growth and achievements highlighted in the recent earnings call. However, high leverage and overvaluation are notable risks. The technical indicators suggest caution due to potential overbought conditions.
To see Spark’s full report on CVNA stock, click here.
More about Carvana Co
YTD Price Performance: 53.10%
Average Trading Volume: 5,317,165
Technical Sentiment Signal: Buy
Current Market Cap: $62.76B