Carvana (CVNA) stock has surged 125% YTD, attracting investors with rapid growth, expanding margins, and record profitability. Valued at $99.1 billion, Carvana is an online auto retailer revolutionizing car buying with in-house financing, trade-ins, and quick transactions. Q3 saw retail units sold reach 150,941, revenue hit $5.65 billion, and net income rise to $263 million.

Carvana aims to sell 3 million cars yearly with a 13.5% adjusted EBITDA margin. Automation and integration drive efficiency, with over 30% of buyers completing transactions without speaking to a rep. Financially, Carvana has retired $1.2 billion in debt and holds $2.1 billion in cash. Analysts expect earnings to grow by 73.5% in 2025 and 36% in 2026.

Wall Street remains bullish on CVNA, with 15 “Strong Buy” ratings. The stock has surpassed its price target of $440.33, with a high target of $550 suggesting 19% upside. If Carvana maintains earnings growth, further upside is possible despite the strong performance.

Read more at Yahoo Finance: Why Are Investors Excited About Carvana Stock?