Expert Ratings for Carvana
Portfolio Pulse from Benzinga Insights
Over the last quarter, Carvana (NYSE:CVNA) has received 5 somewhat bullish and 2 indifferent analyst ratings. The average price target given by these analysts is $20.29, which is lower than the current price of $25.18, implying a potential downside. However, this average price target has increased by 21.13% over the past month.

July 05, 2023 | 2:01 pm
News sentiment analysis
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NEGATIVE IMPACT
Analysts have given Carvana a somewhat bullish rating, but the average price target suggests a potential downside from the current price. However, the average price target has increased over the past month.
The somewhat bullish ratings indicate that analysts are generally positive about Carvana's prospects. However, the average price target being lower than the current price suggests that they believe the stock is currently overvalued. The increase in the average price target over the past month could indicate improving sentiment, but it's still lower than the current price, suggesting a potential downside.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100