Carvana Stock Surges on Record Q3, But Analysts Spot Red Flags

Carvana’s share price has doubled in 2025, hitting roughly $413 at its Sept. 2025 peak before retracting. On Oct. 29, 2025, CVNA traded around $354 – down about 2.3% from its Oct. 28 close. The stock’s 52-week range is roughly $149–$413, reflecting the wild ride. Notably, CVNA gained sharply on Sept. 29 after better-than-expected sales data, illustrating how investor enthusiasm for its turnaround can overpower fundamental concerns. Year-to-date, Carvana is up about 78%investing.com, a surge driven by its return to profitability and aggressive growth.