Carvana Plummets to 84th in Trading Volume Ranking as Stock Price Drops 7.61

On April 10, 2025, Carvana (CVNA) experienced a significant decline, with its trading volume reaching $1.303 billion, marking a 40.63% decrease from the previous day. This drop placed Carvana at the 84th position in terms of trading volume for the day. The stock price of Carvana also fell by 7.61%.

Carvana is scheduled to release its first-quarter 2025 financial results and host a conference call on May 7, 2025, at 5:30 p.m. ET. This event is expected to provide insights into the company's performance and future outlook, which could influence investor sentiment and potentially impact the stock price.

Carvana, founded in 2012, is an eCommerce platform specializing in the buying and selling of used cars. The company's financial health includes a market capitalization of $29.61 billion, revenue of $13.67 billion, and an EBITDA of $1.31 billion. The stock has a price-to-earnings ratio of 140.20x and a beta of 2.48x, indicating higher volatility compared to the broader market.

Analysts have varying recommendations for Carvana stock, with 23% suggesting a strong buy, 30% a buy, 43% a hold, and 3% a strong sell. The average price target for Carvana stock is $186.53, based on analyst estimates. However, it is important to note that these targets are not guarantees of future performance.