From Yahoo Finance: 2025-06-05 13:11:00

Jefferies analysts raised Carvana Co. (CVNA) price target to $315 from $280 but maintained a ‘Hold’ rating. Web scraping analysis showed 47% year-over-year growth in retail units through May 10. Growth is expected to moderate to 43% in Q2, causing caution due to potential market fluctuations.

Carvana (CVNA) is an online used car retailer offering a wide range of pre-owned vehicles and services like financing and insurance. Jefferies analysts remain cautious about CVNA’s growth potential, favoring AI stocks for higher returns and limited downside risk. For more information, check out the best short-term AI stock report.

Investors are advised to consider other AI stocks for potentially higher returns than Carvana (CVNA). Jefferies analysts suggest looking into AI stocks with limited downside risk and major benefits from Trump tariffs and onshoring. For more investment opportunities, explore the 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Read more: Jefferies Raises Carvana (CVNA) PT to $315, Maintains Hold Rating