CVNA

Ecommerce and internet stocks could continue to gain as second quarter earnings season provides greater clarity on profit margins and growth trends, according to Jefferies analysts, who believe valuations across the sector remain attractive despite ongoing concerns about artificial intelligence disrupting online traffic. The analysts wrote that relative valuations are at multi-year lows and that easing worries over AI-driven disintermediation could continue to support companies with strong earnings potential and room to outperform consensus expectations. Jefferies also expects upcoming earnings reports to offer investors more visibility into full-year margins after several companies announced increased investment plans earlier this year. Among ecommerce names, Jefferies maintained a ‘Buy’ rating on Carvana Co. (NYSE:CVNA), though it said its web-scraping analysis suggests retail unit growth slowed to the mid-30% range in the second quarter, slightly below consensus estimates. The firm said that would end the company's streak of nine consecutive quarterly beats if confirmed. It added that Carvana would likely need to sustain unit growth above 30% and restore retail gross profit per unit to more typical seasonal levels for the stock to perform well in the second half of the year. Jefferies remained cautious on eBay Inc (NASDAQ:EBAY, XETRA:EBA), reiterating an ‘Underperform’ rating as it expects tougher year-over-year comparisons to weigh on gross merchandise volume growth during the second half after temporary tailwinds supported earlier results. For Etsy Inc (NASDAQ:ETSY, XETRA:3E2), which carries a ‘Hold’ rating, the analysts expect gross merchandise sales growth to accelerate in the second quarter and continue improving through the remainder of the year, supported by recovering web traffic trends. The firm also downgraded Pattern to ‘Hold’ after the stock's roughly 150% gain year to date. Jefferies said the company's valuation now appears to reflect its growth prospects and potential upside to consensus expectations. Beyond ecommerce, Jefferies said it is bullish heading into earnings on Airbnb Inc (NASDAQ:ABNB, XETRA:6Z1), Instacart (NASDAQ:CART) and Reddit Inc (NYSE:RDDT), while remaining cautious on Lyft Inc (NASDAQ:LYFT) and Tripadvisor Inc (NASDAQ:TRIP). Within delivery and mobility, the firm expects Uber Technologies Inc (NYSE:UBER, XETRA:UT8)'s mobil...

Tempe, Arizona-based Carvana Co. (CVNA) operates an e-commerce platform for buying and selling used cars. Valued at a market cap of $77.2 billion, the company provides vehicle acquisition, inspection and reconditioning; an online search and shopping experience; financing; complementary products; and a logistics network, among other services. CVNA is expected to release its Q2 2026 earnings on Wednesday, July 29, after the market closes. Ahead of the event, analysts expect the company’s EPS to be $0.42 on a diluted basis, up 61.5% from $0.26 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in three of its last four quarters, while missing on one occasion. Broadcom’s Largest AI Customer Is Fleeing to MediaTek. AVGO Stock Is Still a Buy. Nasdaq Futures Plunge as Samsung Sparks Chip Selloff Mark Cuban Asks What If You Didn’t Need Health Insurance — And Hospitals Just Treated You, Then Took 10% of Your Pay? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For fiscal 2026, analysts project the company’s EPS to be $1.58, down 6.5% from $1.69 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 34.2% year over year (YoY) to $2.12 in fiscal 2027. CVNA’s stock has grown 1% over the past 52 weeks, underperforming the S&P 500 Index’s ($SPX) 20% rise and the State Street Consumer Discretionary Select Sector SPDR ETF’s (XLY) 6.7% return during the same time frame. On Apr. 29, CVNA stock declined 2.4% following the release of its Q1 2026 earnings. The company’s revenue for the quarter amounted to $6.4 billion, beating the Street’s estimates. Moreover, its adjusted EPS came in at $1.69, also surpassing Wall Street’s forecasts. Analysts are highly optimistic about CVNA, with the stock having a “Strong Buy” rating overall. Among the 22 analysts covering the stock, 14 are recommending a “Strong Buy,” three suggest a “Moderate Buy,” and five suggest a “Hold.” CVNA’s average analyst price target is $93.71, indicating an upside of 33.1% from the current levels. On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was or...

PHOENIX, July 01, 2026--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling cars online, today announced it will report its second quarter 2026 financial results for the period ended June 30, 2026, after the market closes on Wednesday, July 29, 2026. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results. The live webcast will be accessible from the Investor Relations section of the company’s website, https://investors.carvana.com. What: Carvana Second Quarter 2026 Financial Results Conference CallWhen: Wednesday, July 29, 2026Time: 5:30 p.m. ET (2:30 p.m. PT)Live Call: (800) 715-9871 or (646) 307-1963, Conference ID 3609424 An archived webcast of the conference call will be accessible after the live call concludes. A telephonic replay of the conference call will be available until August 5, 2026, by dialing (800) 770-2030 and entering Conference ID 3609424. About Carvana Carvana’s mission is to change the way people buy and sell cars. Since launching in 2013, more than 4 million customers have chosen Carvana’s leading automotive e-commerce experience to shop, sell, finance, and trade in vehicles entirely online, with the convenience of delivery or local pickup as soon as the same day. Carvana’s unique offering is powered by its passionate team, differentiated national infrastructure, and purpose-built technology. For more information, please visit Carvana.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260701753412/en/ Contacts INVESTOR RELATIONS:Mike [email protected] or MEDIA CONTACT:Carvana [email protected]

The end of the earnings season is always a good time to take a step back and see who shined (and who didn’t). Let’s take a look at how online retail stocks fared in Q1, starting with Carvana (NYSE:CVNA). Consumers ever rising demand for convenience, selection, and speed are secular engines underpinning ecommerce adoption. For years prior to Covid, ecommerce penetration as a percentage of overall retail would grow 1-2% annually, but in 2020 adoption accelerated by 5%, reaching 25%, as increased emphasis on convenience drove consumers to structurally buy more online. The surge in buying caused many online retailers to rapidly grow their logistics infrastructures, preparing them for further growth in the years ahead as consumer shopping habits continue to shift online. The 6 online retail stocks we track reported a very strong Q1. As a group, revenues beat analysts’ consensus estimates by 2.3% while next quarter’s revenue guidance was 4% above. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 5.4% since the latest earnings results. Known for its glass tower car vending machines, Carvana (NYSE:CVNA) provides a convenient automotive shopping experience by offering an online platform for buying and selling used cars. Carvana reported revenues of $6.43 billion, up 52% year on year. This print exceeded analysts’ expectations by 6%. Overall, it was a very strong quarter for the company with a solid beat of analysts’ EBITDA estimates. Carvana pulled off the biggest analyst estimate beat and fastest revenue growth of the whole group. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 15.7% since reporting and currently trades at $66.88. We think Carvana is a good business, but is it a buy today? Read our full report here, it’s free. Founded by Jeff Bezos after quitting his stock-picking job at D.E. Shaw, Amazon (NASDAQ:AMZN) is the world’s largest online retailer and provider of cloud computing services. Amazon reported revenues of $181.5 billion, up 16.6% year on year, outperforming analysts’ expectations by 2.4%. The business had a stunning quarter with an impressive beat of analy...

CarMax, Inc. KMX reported earnings per share of $1.31 for the first quarter of fiscal 2027, beating the Zacks Consensus Estimate of 94 cents by 39.61%. The bottom line declined 5.1% from $1.38 in the year-ago quarter.Quarterly revenues rose 6.2% year over year to $8.01 billion, surpassing the consensus mark of $7.6 billion by 5.43%. Results benefited from higher retail and wholesale revenues, while combined retail and wholesale unit sales rose 3.3% to 392,357. CarMax, Inc. price-consensus-eps-surprise-chart | CarMax, Inc. Quote For the quarter ended May 31, 2026, CarMax’s total net sales and operating revenues were $8.01 billion, up from $7.55 billion a year ago. Used vehicle sales increased 4.7% to $6.39 billion, reflecting a higher average retail selling price.Total retail used vehicle unit sales were nearly flat at 230,293 versus 230,210 in the prior-year quarter. Comparable-store used-unit sales declined 0.8%, as the company lapped a year-ago quarter that benefited from tariff-driven demand. Wholesale vehicle sales rose 14% year over year to $1.43 billion. Wholesale unit sales increased 8.4% to 162,064, while the average wholesale selling price climbed 5.1% to $8,364.The wholesale business helped offset pressure on retail profitability. Wholesale vehicle gross profit increased 8.3% to $169.5 million, with gross profit per wholesale unit of $1,046, essentially in line with $1,047 in the prior-year quarter. Total gross profit declined 4.4% year over year to $854.4 million. Retail used vehicle gross profit fell 9.5% to $501.4 million, hurt by lower per-unit profitability.Retail gross profit per used unit was $2,177, down $230 from last year’s all-time record due to the continuation of pricing actions aimed at driving an improved sales trend. Selling, general and administrative expenses decreased 3.7% year over year to $635.2 million. The decline was primarily driven by lower compensation and benefits costs as the company made progress on targeted SG&A reductions.SG&A per total unit improved 6.8% to $1,619, down $118 from the year-ago quarter. CarMax remains on track to achieve $200 million in SG&A exit-rate savings by the end of fiscal 2027. CarMax Auto Finance’s income was $140.2 million, down 1% from the year-ago quarter. The decline reflected lower auto loans outstanding following last year’s $900 million non-prime securitization, partly offset by intere...

The earnings report showed some turnaround progress. But the day added a fresh challenge in the form of a possible rate hike.

CarMax stock falls after the used-vehicle retailer handily tops Wall Street expectations with its first-quarter earnings. Carvana is at the bottom of the S&P 500.

Chewy, Inc. CHWY reported solid first-quarter fiscal 2026 results, wherein the top line beat the Zacks Consensus Estimate, and the bottom line met the same. Both metrics showed year-over-year growth. Chewy noted that while the overall pet category remains resilient, the consumer environment has become more challenging since the company established its initial fiscal 2026 outlook. In response to these evolving conditions, management is updating its full-year sales outlook to reflect softer consumer trends and more conservative internal assumptions. As a result, shares of CHWY lost 2.1% in yesterday’s trading session. Chewy posted adjusted earnings of 43 cents per share, which came in line with the Zacks Consensus Estimate. The figure increased from 35 cents in the prior-year period. Chewy price-consensus-eps-surprise-chart | Chewy Quote The company reported net sales of $3,357.2 million, surpassing the Zacks Consensus Estimate of $3,352 million. The figure increased 7.7% from $3,116 million posted in the year-ago period. The Autoship subscription program remained a cornerstone of Chewy’s model. Autoship customer sales grew 10.5% year over year to $2,832.6 million from $2,562.7 million, outpacing overall net sales growth. The metric represented 84.4% of total net sales. The company ended the quarter with 21.5 million active customers, increasing 3.6% year over year. The metric missed the Zacks Consensus Estimate of $21.6 million. Chewy’s net sales per active customer reached $597, meeting the Zacks Consensus Estimate. The metric reflects a 2.4% year-over-year increase from $583. Chewy’s gross profit increased 3.6% year over year to $1,011.4 million from $923.8 million. The gross margin expanded by 50 basis points (bps) year over year to 30.1%, driven primarily by continued growth in sponsored ads, favorable category mix and operating discipline. Adjusted SG&A expenses reached $593 million in the fiscal first quarter. As a percentage of net sales, this metric declined 90 basis points year over year to 17.7%, due to lower variable costs from productivity improvements and AI-led efficiencies. Advertising and marketing expenses for the fiscal first quarter were $206.1 million compared with $193.8 million in the prior-year period. As a percentage of sales, advertising and marketing expenses were 6.1%. The adjusted EBITDA increased 31.3% year over year to $253.1 mil...

A month has gone by since the last earnings report for Carvana (CVNA). Shares have lost about 7.2% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Carvana due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for Carvana Co. before we dive into how investors and analysts have reacted as of late. Carvana reported first-quarter 2026 earnings of 34 cents per share, which beat the Zacks Consensus Estimate of 28 cents by 19.01% and increased from 30 cents in the year-ago quarter.Better-than-expected revenues across all segments drove the strong performance. Revenues of $6.43 billion beat the Zacks Consensus Estimate of $6.16 billion by 4.39% and increased 52% from last year. Retail vehicle sales rose 62% from last year to $4.83 billion and remained the company’s biggest source of revenues. The growth was driven by selling more vehicles as well as earning more money per vehicle.Wholesale sales grew 24.9% from last year to $1.08 billion, helped by selling more units. Other sales also increased 35.2% to $526 million, making a solid contribution to the company’s overall revenues. Carvana’s retail vehicle unit sales increased 40% year over year to a record 187,393, extending the company’s recent trend of strong unit growth. Retail revenue per unit improved 15.8% to $25,764, indicating higher selling prices on a per-unit basis versus the prior-year quarter.Wholesale vehicle unit sales also increased, rising 31.7% to 83,574. Wholesale revenue per unit increased 4.8% to $10,338, suggesting more modest per-vehicle pricing gains in wholesale compared with retail. Total gross profit increased 36.8% year over year to $1.27 billion, reflecting higher volumes across the platform. Retail vehicle gross profit rose 38.2% to $593 million, while wholesale gross profit increased 36.9% to $152 million. Other gross profit also went up 35.2% to $526 million, matching the level of other sales and revenues for the quarter.Even though total profit increased, profit per vehicle declined. Total gross profit per unit fell to $6,783 from $6,938 last year.Retail vehicle gross profit per unit dropped slightly to $3,165 from $3,204, while wholesale gross profit per unit decreased to $...

Steve Mandel ranks among the list of the richest hedge fund managers in the world. While Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) remains the billionaire’s largest position, Carvana Co. (NYSE:CVNA) ranks 3rd on the list of Steve Mandel’s top holdings with a 5.52% portfolio share. On May 6, Needham reiterated Carvana Co. (NYSE:CVNA) as its top pick and Conviction List stock, noting increased operational efficiency at the company’s testing and restoration centers. The firm states that worries concerning IRC efficiency have essentially been addressed. According to the firm, Carvana Co. (NYSE:CVNA) returned to the transformation of Adesa sites. Needham’s hiring data also shows an increase in activity, indicating confidence in a return to previous efficiency standards. Meanwhile, UBS boosted Carvana Co. (NYSE:CVNA)’s price target to $520 from $485, reiterating a Buy rating on the stock. The company reported a strong quarterly performance of $672 million in EBITDA, which was 4% higher than consensus estimates. It also achieved higher-than-expected retail gross profit per unit. UBS believes second-quarter forecasts will need to be raised due to stronger sequential unit growth and improved profitability. The firm stated that the findings should alleviate short-term investor worries. Carvana Co. (NYSE:CVNA) is an online retailer of used cars based in Tempe, Arizona. Renowned for its multi-story automobile vending machines, the firm is the fastest-growing online used car dealer in the United States. While we acknowledge the potential of CVNA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.

Investors were disappointed with Carvana Co.'s (NYSE:CVNA) earnings, despite the strong profit numbers. Our analysis uncovered some concerning factors that we believe the market might be paying attention to. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. We can see that Carvana received a tax benefit of US$2.8b. This is of course a bit out of the ordinary, given it is more common for companies to be paying tax than receiving tax benefits! The receipt of a tax benefit is obviously a good thing, on its own. However, our data indicates that tax benefits can temporarily boost statutory profit in the year it is booked, but subsequently profit may fall back. In the likely event the tax benefit is not repeated, we'd expect to see its statutory profit levels drop, at least in the absence of strong growth. So while we think it's great to receive a tax benefit, it does tend to imply an increased risk that the statutory profit overstates the sustainable earnings power of the business. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Carvana received a tax benefit in its last reported period, as we have mentioned already. Given that sort of benefit is not recurring, it's safe to say the statutory profit overstates its underlying profitability quite significantly. For this reason, we think that Carvana's statutory profits may be a bad guide to its underlying earnings power, and might give investors an overly positive impression of the company. But the happy news is that, while acknowledging we have to look beyond the statutory numbers, those numbers are still improving, with EPS growing at a very high rate over the last year. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. At Simply Wall St, we found 1 warning sign for Carvana and we think they deserve your attention. This note has only looked at a single factor that sheds light on the nature of Carvana's profit. But there is...

Most profitable quarter: Root reported record results with an annualized ROE of 47%, net income of $36M, operating income of $41M and adjusted EBITDA of $57M, while gross premiums earned rose 8% and policies in force increased 9% year‑over‑year. Distribution and growth shift: Management reiterated a five‑part growth strategy (price, nationwide launches, independent agents, embedded insurance, AI) and highlighted momentum outside the direct channel — partnership and independent‑agent new writings were up >30% YoY, Root now partners with 15,000+ agents and launched a partnership with Freeway Insurance; Carvana embedded policies topped 200,000. Capital allocation and outlook: Root refinanced a $200M facility, lowering interest expense by roughly $5M, and the board authorized a $75 million share repurchase program; management said it will be disciplined in direct marketing, expects 2026 net income to exceed 2025, and anticipates accident period loss ratios to remain in a 60–65% target range. Interested in Root, Inc.? Here are five stocks we like better. 5 Small Cap Stocks With Explosive Upside Potential Root (NASDAQ:ROOT) reported what executives described as the most profitable quarter in the company’s history, with management emphasizing a more “structurally stronger model” driven by improvements in pricing, underwriting, and capital allocation. On the company’s first-quarter 2026 earnings call, Co-founder and CEO Alex Timm said Root generated an annualized return on equity of 47% to start the year. CFO Megan Binkley reported record net income of $36 million, along with operating income of $41 million and adjusted EBITDA of $57 million. → Berkshire Hathaway’s Record Cash Hoard: Why and What's Next? 5 Stocks Set to Soar This Summer Binkley said net income rose $18 million year-over-year. Operating income increased $17 million from the prior year period, while adjusted EBITDA rose $25 million. Root’s first-quarter gross premiums written were $389 million, down 5% year-over-year. Both Timm and Binkley attributed the year-over-year comparison to demand in early 2025 that was “temporarily increased on news of impending tariffs,” which they said made comparisons difficult. Gross premiums earned were $370 million, up 8% year-over-year. → A Prada Payday: Is AMC Back in Style? 5 Small-Cap Stocks to Watch for Big Speculative Gains Policies in force increased 9% year-ove...