In the closing of the recent trading day, Carvana (CVNA) stood at $362.24, denoting a -2.38% move from the preceding trading day.
The latest trading day saw Carvana (CVNA) settling at $326.93, representing a -3.51% change from its previous close.
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Carvana (CVNA) concluded the recent trading session at $320.22, signifying a +1.06% move from its prior day's close.
Bank of America shifted its rating on Carvana Co. (NYSE:CVNA) to Neutral on Monday, signaling a more cautious near-term outlook for the online used-car retailer. The move reflects a mix of macroeconomic pressures and industry dynamics that have tempered earlier optimism, according to a note from the bank.
Carvana stock is down more than 20% in 2026 after roaring 107% higher last year. Bank of America sees near-term pressure from oil prices and interest rates.
Carvana Co (NYSE:CVNA) stock is choppy this morning, last seen near trading breakeven at $313.70, after a Bank of America downgrade to "neutral" from "buy" and slashed its price target to $360 from $400.
Carvana (CVNA) shares caught new traction in recent trading session, as Rick Ducat takes the wheel by putting key levels to watch in the headlights. He then turns to an example options trade for the stock.
Shares of Carvana Co. (NYSE:CVNA) jumped nearly 8% on Tuesday after Jefferies reiterated its bullish stance, pointing to stronger-than-expected retail unit growth and improving pricing trends early in the first quarter. Jefferies maintained a “Buy” rating on the company with a $485 price target, implying roughly 67% upside from current levels.
Carvana (NYSE: CVNA) printed a new monthly low on Monday as the market questioned the timing and motivation behind the firm's recently announced 5-for-1 forward stock split. For some, the price action may be puzzling given forward splits are often seen as positive catalysts, because they signal insider confidence in the company's share price trajectory.
Carvana (NYSE:CVNA) shares are down 8% in Monday morning trading, falling from an opening price of $302.04 to around $278.
Carvana (CVNA) closed the most recent trading day at $308.56, moving +2.52% from the previous trading session.