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Apr 29, 2026 4:01 PM

What's Going On With Carvana Stock Wednesday?

Carvana Co. (NYSE:CVNA) shares fell Wednesday as investors positioned ahead of the company's first-quarter earnings report due after the closing bell.

Analyst Consensus & Recent Actions

The stock carries a Buy Rating with an average price target of $467.53. Recent analyst moves include:

B of A Securities: Neutral (Raises Target to $410.00) (April 21)

JP Morgan: Overweight (Lowers Target to $455.00) (April 9)

Barclays: Overweight (Lowers Target to $430.00) (April 7)

Carvana Expands ADESA Syracuse

Separately, Carvana said Tuesday it will add Inspection and Reconditioning Center capabilities to its ADESA Syracuse site, boosting inventory, speeding delivery in New York, and enhancing wholesale services.

The integration is expected to create about 200 jobs across inspection, reconditioning and fulfillment roles, many of which do not require a college degree.

Located in Cicero, New York, the 150-acre facility will continue auction operations ...