Carvana (NYSE:CVNA) Maintains "Sell" Rating Amidst Market Fluctuations

• Citigroup maintains a "Sell" rating for Carvana (NYSE:CVNA), with a notable stock price of $345.92.
• Carvana's stock experienced a 3.19% decrease, contrasting with the broader market's mixed performance.
• Anticipation builds for Carvana's earnings report, expecting a 678.57% increase in EPS and a 34% rise in revenue.

On July 9, 2025, Citigroup maintained its "Sell" grade for Carvana (NYSE:CVNA), advising investors to hold their positions. At the time, Carvana's stock price was $345.92. Carvana is an online platform for buying and selling used cars, known for its car vending machines and home delivery service. It competes with companies like Vroom and CarMax in the used car market.

Carvana's stock price closed at $345.92, marking a 3.19% decrease from the previous trading session. This decline was more pronounced than the S&P 500's slight loss of 0.07% and the Dow's 0.37% drop, although the Nasdaq saw a minor increase of 0.03%. Despite this dip, Carvana's shares have risen by 5.12% over the past month, outperforming the Retail-Wholesale sector's 1.87% gain and the S&P 500's 3.94% increase.

Investors are eagerly anticipating Carvana's upcoming earnings report, set for release on July 30, 2025. The company is expected to report an earnings per share (EPS) of $1.09, which represents a substantial 678.57% increase from the same quarter last year. Additionally, the consensus estimate forecasts Carvana's revenue to reach $4.57 billion, marking a 34% rise compared to the equivalent quarter of the previous year.

The current stock price of CVNA is $345.92, reflecting a decrease of 3.19% or $11.40. Today, the stock has fluctuated between a low of $343.01 and a high of $363.40. Over the past year, CVNA has reached a high of $364 and a low of $118.50. The company's market capitalization stands at approximately $74.08 billion, with a trading volume of 2,830,244 shares on the NYSE.