Carvana Stock Surges to 89th in Trading Volume with $10.94 Billion

On July 23, 2025, Carvana (CVNA) saw a trading volume of $10.94 billion, ranking 89th in the day's stock market activity. The stock price increased by 0.42%.

Carvana is anticipated to release its earnings report for the quarter ending June 2025 on July 30. The market expects the company to show a year-over-year increase in earnings, driven by higher revenues. This consensus outlook is crucial for assessing the company's earnings performance, but the actual results compared to these estimates will significantly influence the stock's near-term price movement.

If the actual earnings and revenues surpass expectations, the stock could see an upward movement. Conversely, if they fall short, the stock may decline. The sustainability of any immediate price change and future earnings expectations will largely depend on management's discussion of business conditions during the earnings call.

Analysts have revised the consensus EPS estimate for the quarter by 0.72% higher over the last 30 days, reflecting a collective reassessment of initial estimates. This revision trend suggests a positive outlook for the company's earnings performance.

Carvana's stock has received an "outperform" rating from Wall Street Zen, which upgraded its rating from "hold" to "buy" on July 5th. Additionally, JPMorgan Chase & Co. has increased its price target for Carvana to $350, maintaining an "overweight" rating ahead of the Q2 results.

Technical indicators such as the MACD Death Cross and KDJ Death Cross have been triggered on Carvana's stock chart, suggesting a potential continued decline in the stock price.