EarningsAnalysts have raised the Price Objective from $210 to $252, reflecting higher growth and margin profile.
Financial PerformanceCarvana's recent results have diminished concerns and skepticism around its progress on unit economics, shifting focus to the unique benefits of its operating model and widening competitive moat.
Market PositionCarvana's investments in infrastructure and the ADESA auction business are seen as a long-term competitive advantage that is difficult for competitors to replicate.