Carvana (NYSE:CVNA) continues to retreat off its post-earnings record high and has erased 35% off its share price since mid-February as valuation concerns plague the car retailer. “I believe ...

jetcityimage. Carvana (NYSE:CVNA) continues to retreat off its post-earnings record high and has erased 35% off its share price since mid-February as valuation concerns plague the car retailer ...

The adjustment in the investment firm's outlook is attributed to valuation concerns rather than the impending fourth-quarter results for 2023, which are due to be reported on Thursday, February 22nd.

After a rough Q4, Carvana's outlook for 2023 isn't promising, and liquidity issues loom large. The downsides could be more than priced into the discounted valuation. Even after a big year-to-date ...

On the valuation front, Carvana is trading at a forward sales multiple of 3.41—well above the industry levels as well as its own five-year average. ... If there’s one concern, ...

Carvana's stock fell Thursday after J.P. Morgan said prices have "disconnected materially" from fundamentals, ... he had downgraded the stock to underweight citing similar valuation concerns.

Carvana reported a Q3 loss of $508 million. It's undergone layoffs and has admitted to being too bullish on buying cars to sell so fast — cars that it had acquired at a premium but has since had ...

Carvana's stock has surged over 7,000% since December 2022, reaching a $52 billion valuation. The company was near bankruptcy in 2022 amid financial struggles and high interest rates.

Online used-vehicle retailer Carvana announced better-than-expected second- quarter results and a new debt restructuring deal on Wednesday, July 19. Analysts lauded the improved results and the ...

On Friday, Raymond James revised its rating on Carvana Co. (NYSE:CVNA) shares, moving from Market Perform to Underperform. The adjustment in the investment firm's outlook is attributed to ...