Carvana is an innovative online platform that revolutionizes the process of buying and selling used vehicles. The company allows customers to browse a vast selection of cars through its website, providing detailed descriptions and visual assets to facilitate informed purchasing decisions. Carvana also offers unique features like home delivery and the option to sell or trade vehicles seamlessly, eliminating the traditional hassles associated with dealerships. With a focus on enhancing the customer experience, Carvana leverages technology to streamline every step of the automotive retail process, aiming to make car buying more convenient and accessible for consumers. Read More
Carvana shares are trading higher Tuesday after the e-commerce platform for buying and selling used cars expanded its same-day vehicle delivery service to the San Diego area.
Shares of online used car dealer Carvana (NYSE: CVNA)
jumped 2.7% in the morning session after JPMorgan raised its price target on the stock to $490 from $425, and the company launched same-day vehicle delivery in San Diego.
Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced the launch of same-day vehicle delivery in the greater San Diego area. Select local customers can now take delivery of their newly purchased vehicle the same day they place an order on Carvana.com. San Diego customers looking to sell a car can also take advantage of as-soon-as same-day pickup or drop-off options after completing Carvana’s online appraisal process.
Carvana's fundamentals align with a proven growth investing system, showing explosive sales, earnings, and cash flow growth. Its high valuation warrants a closer look.
By breaking down physical barriers, consumer internet businesses are reshaping how people shop, connect, learn, and play. These themes have enabled rapid growth for the industry,
which has posted a 36.9% gain over the past six months compared to 25.9% for the S&P 500.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Carvana (NYSE:CVNA) and the rest of the online retail stocks fared in Q2.
Retail investors buzzed about five stocks this week, from Oct. 6 to Oct. 10 on platforms like X and Reddit’s r/WallStreetBets, amid government shutdown and AI enthusiasm.
Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced the expansion of its same-day vehicle delivery offering to the greater Salt Lake City area. Select Salt Lake City residents can now receive their vehicle purchase as soon as the same day they place an order on Carvana.com. Local customers looking to sell a car can also take advantage of as-soon-as same-day drop-off and pickup options after completing Carvana’s online appraisal process.
Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced plans to bring Inspection and Reconditioning Center (IRC) capabilities to its existing ADESA Long Island wholesale auction site. This marks Carvana’s tenth IRC integration of 2025, expanding reconditioning capacity and enhancing service offerings for both retail and wholesale customers across the greater New York metropolitan area.
