Carvana CoNYSE: CVNA

No material news in the last 48 hours.

On June 16, 2026, Carvana announced an aggressive expansion into the new-vehicle market, acquiring a network of seven physical Stellantis dealerships and integrating brands such as Jeep, Ram and Chrysler into its digital pipeline. The move marks a strategic shift beyond Carvana's used-car core and the stock rallied on the announcement. Separately, the same day, Director Ira J. Platt reduced his stake, selling 15,000 shares in a transaction valued at $1,017,375. The expansion follows a record Q1 2026 with 40% retail unit growth, $6.43B revenue and $405M net income. The key risk, flagged by Morgan Stanley, is exposure to the auto and auto-credit cycle, where a weaker job market or tighter lending could slow used-car sales and pressure Carvana's loan portfolio.

CVNA Stock Alert: What to Know as Carvana Expands Into New Vehiclesbarchart.comInsider Move: Major Carvana Director Unloads a Big Chunk of Sharestipranks.comMorgan Stanley updates jaw-dropping Carvana stock price targetthestreet.com

Carvana stock rose 7.5% on June 15, 2026 to about $68.90, supported by financing read-throughs and recent strategic moves. The company acquired a warrant to buy shares in Jeff Bezos-backed EV startup Slate Auto and reportedly purchased multiple Stellantis dealerships, pushing beyond its core used-car marketplace into new-car sales and EVs. The rally follows record Q1 2026 results (April 29) showing 187k retail units, 40% year-over-year growth, record net income of $405 million, and adjusted EBITDA of $672 million. RBC Capital lowered its price target to $85 from $92 while keeping an Outperform rating. Why it matters: the expansion diversifies Carvana's growth runway and signals confidence in scaling profitably. The risk is post-stock-split volatility and a heavy insider-selling overhang (248 sales and zero purchases over six months).

Carvana (CVNA) Is Down 8.9% After Expanding Into EV Partnerships - Simply Wall Stsimplywall.stCarvana shares climb as financing read-throughs support sentiment - QuiverQuantquiverquant.com

No material news in the last 48 hours.

No material news in the last 48 hours.

Carvana made a notable expansion into the new car business by acquiring a network of seven Stellantis dealerships, a move that is disrupting traditional sales models and alarming established franchise owners. The expansion follows a pilot purchase of a dealership in Casa Grande, Arizona that became the top-selling Chrysler/Jeep/Ram/Dodge dealer in the U.S., growing monthly sales from 30-50 vehicles to 350 under Carvana's management. Shares traded between $61.09 and $65.69 on May 20, with continued post-stock-split volatility (5-for-1 split completed May 7-8) and insider-sale overhang weighing on sentiment. Q1 2026 results showed record 187,393 retail units (+40% YoY), $6.432B revenue (+52% YoY), $405M net income, and $672M Adjusted EBITDA.

Carvana Makes Shift Into New Car Businesspymnts.comHow Carvana's Q1 Results, Stock Split and Chicago Expansion Have Changed Its Investment Storysimplywall.stCarvana shares slide as post-split volatility and insider-sale overhang weigh on sentimentquiverquant.com

Carvana shares fell about 5.2% on May 19 amid continued post-split volatility and signals that insider selling could pick up in coming weeks, with the stock closing at $66.02 on May 18. The 5-for-1 forward stock split took effect on May 7, 2026 after stockholder approval, with split-adjusted trading beginning May 8. Reports surfaced this week that Carvana is pushing into the new-vehicle market after acquiring a network of seven Stellantis dealers, a notable shift from its pure used-car model. The company will host institutional investors at its Elyria, Ohio reconditioning center on June 4. Q1 2026 results released earlier in May showed record 187,393 retail units (+40% YoY), $6.43B revenue (+52%), $405M net income and $672M adjusted EBITDA. Average analyst rating is Buy with a 12-month price target of $92.92.

Carvana shares slide as post-split volatility and insider-sale overhang weigh on sentimentquiverquant.comHow Carvana's Q1 Results, Stock Split and Chicago Expansion Have Changed Its Investment Storysimplywall.stWhat's Going On With Carvana Stock Tuesday?benzinga.com

Carvana completed a 5-for-1 forward stock split that took effect at market open on May 7, 2026, after shareholder approval at the May 5 annual meeting (holders of record May 6 received four additional shares). The action followed record Q1 2026 results: 187,393 retail units sold (+40% YoY), $6.432B revenue (+52%), $405M net income (6.3% margin), and $672M adjusted EBITDA (10.4% margin). The company is aggressively expanding into new-car retail by acquiring seven Stellantis franchise dealerships, with its Casa Grande, AZ pilot now the top-selling Chrysler/Jeep/Ram/Dodge dealer in the US after monthly sales jumped from 30-50 to 350 vehicles under Carvana's management, alarming traditional franchise owners. Baird lifted its target to $88 from $80; mean analyst PT sits at $94.87. Bear case: an insider sale by Thomas Taira and rapid expansion into franchised new-car retail could trigger OEM/franchisee pushback and capital intensity; the stock's valuation already prices in continued execution, leaving little room for misses.

How Carvana's Q1 Results, Stock Split and Chicago Expansion Have Changed Its Investment Storysimplywall.stCarvana Makes Shift Into New Car Businesspymnts.comCarvana Announces Investor Tour at its Elyria, Ohio Reconditioning Centerinvestors.carvana.com

Carvana stock fell 13.82% over the past week amid rising treasury yields and market volatility, even as the company posted record Q1 2026 results with 187,393 retail units (+40% YoY) and $6.43 billion revenue (+52% YoY). EPS of $1.69 beat $1.43 consensus. The company executed a 5-for-1 stock split effective May 7. Baird raised its price target to $88 from $80, and Barclays maintained Buy with a $93 target. Carvana announced expansion of its ADESA Chicago site with inspection and reconditioning capabilities, creating 100 jobs. The company expects sequential Q2 increases in retail units and Adjusted EBITDA.

How Carvana's Q1 Results, Stock Split and Chicago Expansion Have Changed Its Investment Storysimplywall.stCarvana Stock Is Down 6% After Earningstikr.comCarvana Announces Investor Tour at Elyria, Ohio IRCinvestors.carvana.com

Carvana shares slipped as Barclays analyst John Babcock lowered the price target to $93 on May 14 (maintaining Overweight). The move follows insider selling by executive Thomas Taira and persistent concerns about high reconditioning costs and weaker-than-expected gross profit per unit. The stock is also digesting profit-taking after the recent five-for-one stock split. Q1 2026 was a record print: 187,393 retail units (+40% YoY), revenue $6.43B (+52% YoY), and adjusted EBITDA $672M - the 6th straight quarter of 40%+ retail unit growth. Consensus rating remains Moderate Buy (13 Strong Buy, 3 Moderate Buy, 6 Hold). Mean PT $94.87 implies 35.6% upside. Sentiment is mixed near term given the PT cut and insider selling against strong fundamental growth.

Carvana Stock Stumbles as Investors Hit the Brakestipranks.comCarvana Announces Record First Quarter 2026 Resultsinvestors.carvana.comHow Carvana's Q1 Results, Stock Split and Chicago Expansion Have Changed Its Investment Storysimplywall.st

Carvana executed a five-for-one stock split effective May 7, 2026 at 9:30 a.m. ET, with Class A shares trading on a split-adjusted basis on the NYSE beginning May 8. The split followed Q1 2026 results with revenue of $6.43B (up 52% YoY, beating $6.08B consensus), EPS of $1.69 (vs $1.49-$1.50 estimate), net income of $250M-$405M, and adjusted EBITDA of $672M. Shareholders approved the split and a 2026 incentive plan while rejecting a proposal for an independent board chair. The company announced plans to add inspection and reconditioning capabilities to its ADESA Chicago site, expanding local inventory and fulfillment capacity. Management guided for sequential increases in both retail units sold and adjusted EBITDA in Q2 2026, implying new all-time highs on both metrics. Risk: non-GAAP retail gross profit per unit dropped 58%. The split-adjusted stock trades around $69.96 for a market cap of $76.64B.

Carvana shareholders approve 5-for-1 split and 2026 incentive planstocktitan.netHow Carvana's Q1 Results, Stock Split and Chicago Expansion Have Changed Its Investment Storysimplywall.stEverything Carvana Investors Need to Know About the Company's 5-for-1 Stock Splitfool.com

No material news in the last 48 hours.

Carvana executed a 5-for-1 stock split effective May 7, 2026, with shares that had traded near $400 opening around $81 post-split. Q1 2026 results posted record revenue of $6.43 billion (up 52% YoY, beating the $6.08B estimate) with EPS of $1.69 (vs $1.50 consensus) and 187,393 vehicles sold (+40% YoY). Adjusted EBITDA hit a record $672 million. Q2 guidance calls for sequential increases in retail units and adjusted EBITDA. Carvana will host institutional investors and analysts at its Elyria, Ohio Inspection and Reconditioning Center on June 4. An insider sold 5,590 shares on May 11, while concerns linger about a one-time $2.8B tax benefit inflating profits and rising subprime auto loan delinquencies hitting a record 6.9%.

Carvana stock split: what the 400% move really meansrollingout.comCarvana Stock Just Split Five Ways — But Wall Street Is Asking a Bigger Questionprimaryignition.comCarvana Announces Investor Tour at its Elyria, Ohio, Inspection and Reconditioning Centerinvestors.carvana.com