Carvana (CVNA) Stock Soars on Record Growth – But Red Flags Loom Ahead
Carvana reported Q3 2025 revenue up 55% to $5.65 billion and record net income of $263 million, selling about 156,000 vehicles. Shares fell roughly 10% after-hours to the mid-$310s despite a 78% year-to-date gain, as earnings per share missed estimates. Most analysts remain bullish, but some warn of risks from rising auto-loan delinquencies and high valuation.