Carvana Stock Soars 5.53% on Ambitious Sales Target
Mover TrackerMonday, May 12, 2025 5:23 am ET
1min read Carvana's stock price surged by 5.53% in pre-market trading on May 12, 2025, reflecting a significant upward trend in investor sentiment.
Carvana has set an ambitious goal to sell 3 million cars annually within the next 5 to 10 years, aiming for a 13.5% EBITDA margin. This strategic vision is part of the company's broader growth plan, which includes expanding its market reach and enhancing operational efficiency. The company's focus on achieving this target is expected to drive long-term growth and profitability, making it an attractive investment option for those looking to capitalize on the evolving automotive retail landscape.
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