Shares of online used car dealer Carvana (NYSE: CVNA)
jumped 9.9% in the morning session after the company was selected to join the benchmark S&P 500 index. S&P Dow Jones Indices announced that Carvana would be added to the index effective December 22. This inclusion was expected to spur buying from index-tracking funds, which must own stocks in the benchmark.
The move marked a significant turnaround for a company that faced fears of bankruptcy in 2022 when demand for used cars slowed. Since then, tighter cost controls and a rebound in demand helped the company swing to profitability.
Adding to the positive momentum, a Bank of America analyst boosted the price target on the stock to $455 from $385 and maintained a Buy rating.
The U.S. stock market commenced the week of December 8, 2025, with a distinctly mixed and cautious tone, as investors grappled with anticipation ahead of a pivotal Federal Reserve interest rate decision. While the Dow Jones Industrial Average experienced a slight dip, reflecting broader market hesitancy, the tech-heavy Nasdaq
Carvana Co. (NYSE: CVNA) will be joining the S&P 500 index, as part of the quarterly rebalance amid multiple adjustments will be implemented across the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices.
Growth is a hallmark of all great companies, but the laws of gravity eventually take hold.
Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.
Shares of online used car dealer Carvana (NYSE: CVNA)
jumped 4.4% in the afternoon session after investor Jim Cramer called the company “one of his favourite companies” for the period leading into 2026.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Carvana (NYSE:CVNA) and the rest of the online retail stocks fared in Q3.
Shares of online used car dealer Carvana (NYSE: CVNA)
jumped 6.6% in the afternoon session after Wedbush upgraded the stock to “Outperform” from “Neutral” and raised its price target.
Even if a company is profitable, it doesn’t always mean it’s a great investment.
Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.
A number of stocks fell in the afternoon session after markets faded the Nvidia rally in the morning session, as investors remained uncertain about future rate cuts.
Shares of online used car dealer Carvana (NYSE: CVNA)
jumped 1.2% in the afternoon session after its CEO, Ernie Garcia, outlined the company's ambitious growth strategy at Wells Fargo's 9th Annual TMT Summit. During the presentation, Garcia detailed the company's vision, which included a bold target of selling 3 million retail vehicles annually within the next 5 to 10 years. The company also stated it was comfortable with its current 40% growth rate. This outlook suggested a strong belief in its ability to sustain high growth rates by focusing on operational improvements.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the online retail industry, including Revolve (NYSE:RVLV) and its peers.
Shares of online used car dealer Carvana (NYSE: CVNA)
jumped 3.6% in the afternoon session after analysts from Needham and BTIG reiterated their 'Buy' ratings on the company. Needham showed its continued confidence by keeping a $500 price target on the stock.
Ford partners with Amazon to sell certified used cars on e-commerce site, following Hyundai's lead. Customers can browse, finance, and pick up at dealers.
