Carvana Co ($CVNA) Stock Forecast: Down 6.2% Today

What is Carvana Co?

Carvana (CVNA) is an e-commerce platform for buying and selling used cars, often referred to as the "Amazon of Auto Retail." The stock had a bearish movement today amidst some interesting developments in the market.

Why is Carvana Co going down?

CVNA stock is down 6.2% on Mar 28, 2025 14:39

• Carvana's stock dipped today despite an analyst upgrade and a significant rise in the price target. This could indicate a short-term market correction or profit-taking by investors.
• Unusual options activity showing a bearish stance on Carvana might have contributed to the downward pressure on the stock.
• The comparison with BJ's Restaurants (BJRI) in the retail-wholesale sector performance analysis could have also influenced investor sentiment towards Carvana, leading to the bearish movement.
• Overall, while the long-term outlook for Carvana seems positive with the analyst upgrades, short-term market dynamics and sector comparisons might have caused the bearish movement today.

CVNA Price Chart

CVNA Technical Analysis

CVNA News

Why Carvana ( CVNA ) Dipped More Than Broader Market Today

In the closing of the recent trading day, Carvana (CVNA) stood at $203.95, denoting a -0.45% change from the preceding trading day.

https://www.zacks.com/stock/news/2436521/why-carvana-cvna-dipped-more-than-broader-market-today

Carvana Analyst Says It's Time To Buy The Potential 'Amazon Of Auto Retail' - Carvana ( NYSE:CVNA )

Morgan Stanley analyst Adam Jonas upgrades Carvana from Equal-Weight to Overweight and raises the price target from $260 to $280. Morgan Stanley has a bull case price target of $400 on Carvana shares, and a bear case price target of $120. Pelosi's latest AI pick skyrocketed 169% in just one ...

https://www.benzinga.com/analyst-ratings/upgrades/25/03/44477982/carvana-analyst-says-its-time-to-buy-the-potential-amazon-of-auto-retail

This Cloudflare Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday - HealthEquity ( NASDAQ:HQY ) , Carvana ( NYSE:CVNA )

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

https://www.benzinga.com/25/03/44475045/this-cloudflare-analyst-turns-bullish-here-are-top-5-upgrades-for-tuesday

Carvana Unusual Options Activity For March 25 - Carvana ( NYSE:CVNA )

Investors with a lot of money to spend have taken a bearish stance on Carvana CVNA. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know.

https://www.benzinga.com/insights/options/25/03/44474241/carvana-unusual-options-activity-for-march-25

Are Retail-Wholesale Stocks Lagging BJ's Restaurants ( BJRI ) This Year?

Here is how BJ's Restaurants (BJRI) and Carvana (CVNA) have performed compared to their sector so far this year.

https://www.zacks.com/stock/news/2434799/are-retail-wholesale-stocks-lagging-bjs-restaurants-bjri-this-year

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Carvana Co Price History

06.02.2025 - CVNA Stock was down 6.3%

• The bearish movement in Carvana's stock today could be attributed to the significant bearish position taken by investors with large funds, as highlighted in the options data.
• Despite the recent acquisition of a dealership in Arizona to enter the new-vehicle market, this move may have raised concerns among investors about the company's expansion strategy and potential impact on profitability.
• The long-term outperformance of Carvana over the past 5 years, with an impressive average annual return of 28.99%, may not have been enough to offset the short-term bearish sentiment driven by recent developments and investor positions.

18.02.2025 - CVNA Stock was down 11.1%

• The options market is indicating a bearish sentiment towards Carvana, with investors taking a negative stance on the stock.
• Despite a 34% decline in the stock price over the past month, there are suggestions that this could present a buying opportunity due to Carvana's strong execution and growth prospects.
• The bearish movement in CVNA today could be attributed to the pessimistic outlook from investors in the options market, despite the potential buying opportunity highlighted by the stock's recent decline.

18.02.2025 - CVNA Stock was down 7.3%

• The recent bearish movement in CVNA's stock may be attributed to short-term economic uncertainty.
• Despite the decline, CVNA's strong execution and growth potential indicate a potential buying opportunity for investors.
• Investors might be cautious due to broader market conditions, leading to the downward trend in CVNA's stock price.
• The market sentiment seems to be overlooking the company's long-term prospects in favor of short-term concerns.

10.02.2025 - CVNA Stock was down 6.8%

• A decline in Carvana's stock today may be linked to notable bearish options activity among investors holding significant capital.
• Market sentiment towards the stock seems to have been influenced by a high volume of bearish options trades.
• The prevailing bearish sentiment could stem from apprehensions about Carvana's future performance or the broader industry landscape.
• Stakeholders following CVNA should be mindful of this bearish positioning and remain attentive to potential developments impacting the stock's trajectory.

20.02.2025 - CVNA Stock was up 11.7%

• Analysts have upgraded their outlook on Carvana, indicating a positive sentiment towards the company's future prospects.
• Despite some investors taking a bearish stance in the options market, the overall market movement suggests a more optimistic view on CVNA's performance.
• The recent decline in Carvana's stock price might have presented a buying opportunity for investors, considering the company's strong execution and growth potential.

20.02.2025 - CVNA Stock was up 7.7%

• Analysts are optimistic about Carvana's growth potential, with no direct competition from Amazon Auto's limited entry into the used car market.
• Despite some investors taking a bearish stance on Carvana in the options market, the overall sentiment seems to be positive, leading to the bullish movement.
• The recent stock decline of Carvana might be seen as a buying opportunity due to its strong execution and growth potential, attracting more investors to the stock and driving the bullish movement.

25.02.2025 - CVNA Stock was up 5.2%

• Unusual options activity indicating a bearish stance on Carvana may have been a contrarian indicator, as the stock showed a significant uptrend.
• Despite a decline since the last earnings report, positive trends in earnings estimate revisions and broker recommendations seemed to have boosted investor confidence in Carvana.
• Analysts pointing to aggressive growth potential for Carvana, particularly in comparison to newcomer Amazon Auto, might have played a role in the stock's upward momentum.
• In general, the blend of positive market sentiment, favorable analyst recommendations, and growth opportunities in the used car market could have propelled Carvana's bullish movement today.

25.02.2025 - CVNA Stock was up 5.4%

• Carvana's stock experienced a strong bullish movement today due to an upgrade from an analyst who raised the price target to $280 and provided a bull case target of $400.
• The unusual options activity indicating a bearish stance on Carvana may have created some uncertainty in the market, but the overall sentiment seems to have been overshadowed by the bullish upgrade.
• Comparisons with other companies in the retail-wholesale sector and an analysis of Carvana's performance since its last earnings report may have also influenced investor sentiment.
• Overall, the bullish movement in Carvana's stock today can be attributed to the positive analyst sentiment, particularly the significant price target increase, signaling confidence in the company's growth potential.

03.02.2025 - CVNA Stock was down 5.1%

• Over the past 5 years, Carvana has demonstrated robust performance. However, the recent acquisition of a dealership in Arizona, signaling its foray into the new-vehicle market, has prompted investor concerns regarding the company's expansion strategy.
• Noteworthy bullish options activity among affluent investors may reflect positive sentiment, yet the elevated price-to-sales ratio has instilled some caution among investors regarding the stock's valuation.
• The dual effect of venturing into a different market segment and likely overvaluation based on the price-to-sales ratio may have contributed to today's bearish movement in Carvana's stock.

21.02.2025 - CVNA Stock was down 5.1%

• The stock had a bearish movement despite the recent positive trend in earnings estimate revisions, indicating a disconnect between fundamental performance and market sentiment.
• Analysts remain bullish on Carvana's growth prospects, highlighting its ability to grow aggressively and differentiate itself from potential competitors like Amazon Auto.
• The bearish stance taken by investors in the options market might have contributed to the downward pressure on the stock.
• The recent decline in Carvana's stock price, despite its strong execution and growth potential, could be seen as a buying opportunity for investors looking to capitalize on the dip.

21.02.2025 - CVNA Stock was up 5.0%

• Carvana (CVNA) experienced a strong bullish movement today, with a 5.3% increase in its stock price.
• The positive momentum can be attributed to the optimistic recommendations from brokers, suggesting a Buy rating for the stock.
• Additionally, the positive news of Carvana's potential for aggressive growth, especially with no direct competition from Amazon Auto in the used car market, has fueled investor confidence.
• The latest trend in earnings estimate revisions also indicates a positive outlook for Carvana, further supporting the stock's upward trajectory.

28.02.2025 - CVNA Stock was down 6.2%

• Carvana's stock dipped today despite an analyst upgrade and a significant rise in the price target. This could indicate a short-term market correction or profit-taking by investors.
• Unusual options activity showing a bearish stance on Carvana might have contributed to the downward pressure on the stock.
• The comparison with BJ's Restaurants (BJRI) in the retail-wholesale sector performance analysis could have also influenced investor sentiment towards Carvana, leading to the bearish movement.
• Overall, while the long-term outlook for Carvana seems positive with the analyst upgrades, short-term market dynamics and sector comparisons might have caused the bearish movement today.