Is Carvana a Buy Now?
Carvana (NYSE: CVNA) stock has risen more than 500% so far in 2023. That's a huge price advance by any measure, but the stock is still down over 90% from its 2021 highs. There's a lot to wrap your head around here before you decide to buy Carvana stock.
Carvana is trying to turn what has long been an in-person experience into an online one. That was really attractive to customers and investors during the coronavirus pandemic when in-person was a big problem because of social distancing efforts. The stock rocketed higher.
Source Fool.com
Carvana Co. Stock
€118.16
-3.390%
Based on 7 Buy predictions and 6 Sell predictions the sentiment towards Carvana Co. is rather balanced.
On the other hand, the target price of 41 € is below the current price of 118.16 € for Carvana Co., so the potential is actually -65.3%.
