Carvana (CVNA) stock was just downgraded to "sector perform," with a price-target cut to $138. BREAKING NEWS: S&P 500, Nasdaq Score First Weekly Wins in 5 Toggle navigation. About Us. Who ...

The adjustment in the investment firm's outlook is attributed to valuation concerns rather than the impending fourth-quarter results for 2023, which are due to be reported on Thursday, February 22nd.

On the valuation front, Carvana is trading at a forward sales multiple of 3.41—well above the industry levels as well as its own five-year average. ... If there’s one concern, ...

Carvana (CVNA) sets another record high on Q3 results, guidance, raising questions about a justified valuation. Read more here.

Carvana (NYSE:CVNA) recently experienced multiple removals from various Russell indices at the end of June 2025, indicating potential market concerns or performance challenges. Despite this, the ...