Carvana Stock Soars on S&P 500 Inclusion: Fresh Highs, Analyst Targets and 2025–2026 Outlook (December 7, 2025)
S&P Dow Jones Indices said Carvana will join the S&P 500 on December 22, 2025, after a surge that pushed shares from under $4 in 2022 to around $400. Carvana stock jumped about 10% in after-hours trading on the news. The company reported Q2 net income of $308 million and revenue of $4.84 billion, both up over 40% year over year.