Carvana (CVNA) Stock on December 1, 2025: UBS Buy Rating, Wedbush Upgrade and Q3 Earnings Fuel a High‑Risk Rally
Updated: December 1, 2025 – 11:20 a.m. ET Carvana Co. (NYSE: CVNA) is back in the market’s spotlight. On December 1, 2025, UBS initiated coverage with a Buy rating and a $450 price target, adding to a wave of bullish analyst calls that followed Carvana’s record Q3 2025 results and massive multi‑year rebound. Investing.com+2Investing.com UK+2 At the same time, valuation worries, subprime lending concerns and new competition from Amazon Autos are keeping skeptics vocal. MarketBeat+2MarketWatch+2 This article pulls together the most important news, forecasts and analyses as of December 1, 2025, to help you understand where Carvana stock stands now