Carvana stock outperforms S&P 500, with upcoming strong earnings

From Nasdaq: 2025-04-17 18:15:00

In the most recent trading session, Carvana (CVNA) closed at $211.41, up 1.01% from the previous day, outperforming the S&P 500. The stock has risen 18.86% in the past month, while upcoming earnings on May 7 are expected to show a 268.29% increase in EPS and 29.52% rise in revenue.

Analysts are optimistic about Carvana’s future performance, with Zacks Rank of #2 (Buy) and estimates calling for a 118.87% increase in earnings and 23.57% rise in revenue. The stock currently has a Forward P/E ratio of 60.07, higher than the industry average of 22.43, and a PEG ratio of 1.26.

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Read more at Nasdaq: Carvana (CVNA) Outpaces Stock Market Gains: What You Should Know