Jefferies on Carvana (CVNA): 'October '25 Speed Check: Growth Remains in High Gear'

Jefferies analyst John Colantuoni reiterated a Buy rating and $475.00 price target on Carvana (NYSE: CVNA).

The analyst comments "Our CVNA web scrape estimates Retail Units grew 41% y/y in October, which is nearly consistent w/ +43.5% in 3Q despite a tougher comparison. If we assume 2-yr growth in October remains unchanged in November/December, Retail Units would grow 42% in 4Q and imply 6% upside to consensus. We keep our estimates unchanged, despite our favorable web scrape, pending more data points as 4Q progresses."

For an analyst ratings summary and ratings history on Carvana click here. For more ratings news on Carvana click here.

Shares of Carvana closed at $330.90 yesterday.

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