Carvana Shares Jump on Chicago Logistics Push, $1.17B Volume Ranks 56th

On August 18, 2025, Carvana (CVNA) surged 2.72% with a trading volume of $1.17 billion, ranking 56th in overall market activity. The move followed the company’s recent expansion of same-day delivery and drop-off services in the Chicago metropolitan area, a strategic rollout enabled by its integrated logistics and reconditioning network. This initiative underscores Carvana’s commitment to enhancing operational efficiency in high-demand urban markets.

The Chicago expansion aligns with broader efforts to scale logistics infrastructure, including the integration of Inspection and Reconditioning Center (IRC) capabilities at ADESA Seattle. These developments aim to increase capacity and optimize per-unit costs, critical factors for sustaining growth and improving profit margins. However, challenges persist, as delays in scaling reconditioning centers could disrupt execution timelines and exacerbate cost pressures.

Investor sentiment remains divided on Carvana’s valuation trajectory. While the company projects $32.9 billion in revenue and $2.2 billion in earnings by 2028, execution risks around logistics scalability continue to weigh on near-term expectations. A 2025 community-driven analysis highlighted divergent fair value estimates, ranging from $62.76 to $500 per share, reflecting uncertainty around the feasibility of ambitious growth targets.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to now delivered moderate returns. The 1-day return was 0.98%, with a total return of 31.52% over 365 days. This indicates the strategy captured some short-term momentum but also reflected market volatility and potential timing risks.