New York, January 12, 2026, 13:30 EST — The regular session is underway.
- Carvana shares climbed roughly 1.6% by midday, beating a largely steady U.S. market.
- The stock remains close to its recent highs, with valuation and funding costs continuing to draw attention.
- Investors are focused on Tuesday’s U.S. CPI report and the upcoming earnings schedule for the company.
Carvana Co. shares rose Monday, extending a strong start to the year that has kept the online used-car retailer close to its recent peaks. The stock gained 1.6%, settling at $470.52 after swinging between $455.32 and $470.92 during the session.
The gain arrived after the broader market steadied following an early stumble sparked by renewed doubts about the Federal Reserve’s independence. Traders are now bracing for Tuesday’s U.S. consumer price index report, looking for clues on the next move in rates. (Reuters)
Carvana’s current status as a growth stock means its price is highly sensitive to changes in rate expectations. When borrowing costs rise, car buyers often pull back, putting pressure on the lofty valuations that investors have been assigning to fast-growing companies.
No company announcement came alongside Monday’s price action. In used cars, CarMax shares barely moved, and ACV Auctions edged up modestly, showing no obvious momentum across the sector.
Carvana stands out as one of the market’s sharpest turnarounds. It joined the S&P 500 in late December following a strong rebound from its 2022 lows. Reuters pointed out earlier that the stock was still priced at a hefty forward earnings multiple compared to traditional automakers. (Reuters)
But the rapid rise in the stock also brings risk. With such lofty expectations, there’s hardly any margin for error—be it weaker demand, tighter lending conditions, or a tougher interest rate environment squeezing buyers who rely on financing.
Investors are zeroing in on the upcoming results for clear indicators: unit sales, profit per vehicle, and adjusted EBITDA — a cash-earnings metric that excludes interest, taxes, and depreciation.
Tuesday’s CPI report (Jan. 13) stands as the next major macro event. A stronger-than-expected reading could reignite concerns about interest rates, pressuring rate-sensitive, high-multiple stocks.
Carvana’s next major event is its earnings release. While the company hasn’t officially set a date, market watchers expect it around mid-February—likely Feb. 18—following its usual schedule. (Marketbeat)
