New York, Jan 22, 2026, 14:21 EST — Regular session
- Carvana shares climbed roughly 4% in afternoon trading, building on gains from Wednesday’s close
- Barclays lifted its price target to $530, maintaining an Overweight rating
- Carvana scheduled its fourth-quarter and full-year results release for February 18
Shares of Carvana Co jumped 4.4% to $475.06 in afternoon trading Thursday, after fluctuating between $456.08 and $476.95 earlier. Roughly 1.7 million shares traded hands.
This matters since Carvana has become a high-beta indicator for used-car demand and consumer credit costs. As the next earnings report approaches, the stock’s price has been reacting to even minor changes in expectations.
Carvana announced Wednesday it plans to release its fourth-quarter and full-year 2025 results after the market closes on Feb. 18, with a conference call scheduled for 5:30 p.m. ET. Investors will get a clear update on volumes, margins, and the company’s outlook.
Barclays analyst John Babcock bumped Carvana’s price target to $530 from $465, maintaining an Overweight rating—a nod to expected outperformance—TheFly reports. He highlighted “good momentum” in used vehicles based on trade checks but noted “soft” unit pressures in the wider auto retail sector. TipRanks
Carvana rose 2.9% on Wednesday, finishing the session at $455.02, according to MarketWatch.
On Thursday, CarMax shares dropped 2.7%, AutoNation held steady, and Lithia Motors edged up 0.8% in afternoon trading.
Carvana, which sells used cars online, also provides financing and trade-in options, plus delivery or local pickup. Its stock usually reacts to shifts in used-car prices and how accessible loans are for buyers.
February’s figures take on extra significance. Investors will zero in on unit growth and profit per vehicle, watching closely for signs of funding costs moving either way.
Still, the situation works both ways. Any drop in demand, a rise in loan losses, or increased incentive spending could quickly squeeze margins and push analysts to revise their bullish forecasts downward.
Traders are now focused on whether the used-car market can sustain itself into early 2026 and if lenders will remain active. All eyes turn to Carvana’s earnings report on Feb. 18, where management’s outlook on demand and pricing heading into spring will be key.
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