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Carvana Stock Crumbles Despite Stellar Quarter
CVNACarvana (CVNA) Schaeffers Investment Research·2025-02-20 15:47

Used car retailer Carvana Co (NYSE:CVNA) was last seen down 12.9% at 245.39,despitesmashingfourth−quarterearningsestimatesandprojectingstronggrowthin2025.It′sunclearwhatexactlyisdraggingthestocklower,especiallyafterseveralanalystsliftedtheirpricetargetsaftertheevent.Thestock′svaluationwasalreadyhighheadingintoearnings.CVNAnotchedathree−yearhighof245.39, despite smashing fourth-quarter earnings estimates and projecting strong growth in 2025. It's unclear what exactly is dragging the stock lower, especially after several analysts lifted their price targets after the event.The stock's valuation was already high heading into earnings. CVNA notched a three-year high of 292.84 before turning lower yesterday, and the share are up a massive 393% year-over-year. Call traders are still op ...