Carvana Crushes Q1 2026: 40% Sales Jump, $405M Profit, and Shares Surge
Carvana had a record Q1: sold 187k cars (+40%), revenue $6.4B, strong profit, fast growth, expects better Q2; stock up.
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BofA Turns Neutral on Carvana Amid Rising Oil Prices
BofA cut Carvana to Neutral: higher gas and rates hurt buyers, so upside is limited and risks are now evenly balanced.
Carvana's First-Ever Stock Split: 5-for-1 Move Makes Shares More Accessible
Carvana announces first-ever 5-for-1 forward stock split, pending May 5, 2026 shareholder approval, to boost team ownership and affordability.
Starboard Targets CarMax: $350M Investment Backs Keith Barr to Revamp Used-Car Giant
Activist Starboard takes $350M stake in CarMax, nominates board members, and pushes for faster turnaround under incoming CEO Keith Barr.
Carvana Stock Crashes – Strong Profits Still Not Good Enough for Wall Street
Online used-car giant Carvana misses profit forecasts due to higher costs, sending shares plunging 21% after hours despite record sales and revenue growth.
JPMorgan and BTIG Stand by Carvana After Gotham City Short Report
JPMorgan and BTIG maintain positive ratings on Carvana, disputing Gotham City Research’s short-seller claims and highlighting misrepresented data.