Carvana (CVNA) Stock: What to Know Before the Market Opens Dec. 22, 2025 — S&P 500 Debut, Analyst Targets, and the Biggest Risks
Carvana will join the S&P 500 before the U.S. market opens on Monday, Dec. 22, 2025, replacing LKQ in the index. The move is expected to trigger buying from index funds and ETFs. Carvana shares have surged over 8,000% since 2022 lows and nearly doubled in 2025, lifting its market value above Ford and GM.