Carvana expands Orlando operations: Carvana stock sits 83.53 percent below its high
Published on 10/06/2026 at 17:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Carvana stock (ISIN US1468691027) was last at EUR 55.93 on Stuttgart on October 1, 2026, 83.53 percent below the EUR 339.50 52-week high. On October 6, Carvana announced plans to add inspection and reconditioning operations at its ADESA Orlando site, with 100 jobs expected over time, according to StockTitan.
Orlando adds capacity and jobs
The Orlando project combines retail reconditioning and vehicle fulfillment with ADESA's existing wholesale auction operations. Carvana said the expanded site will create a local inventory pool and increase the number of vehicles eligible for same-day delivery in Central Florida, according to StockTitan.
The facility covers 65 acres and has more than 3,000 parking spaces, while Carvana's CARLI software will support the transition. The operational angle matters because the plan adds physical capacity to a business that is also expanding its digital sales and delivery network.
Analyst target falls to USD 83
Stephens lowered its Carvana price target from USD 91.50 to USD 83.00 on October 5, 2026, while keeping an Overweight rating, as Investing.com reported. Stephens reduced its gain on sale per unit estimates by USD 140 for the third quarter of 2026 and by USD 370 for the fourth quarter of 2026 and 2027.
The target cut contrasts with Carvana's second-quarter performance. Carvana reported USD 7.38 billion in revenue and adjusted earnings per share of USD 0.42 for the second quarter of 2026, versus consensus adjusted earnings per share of USD 0.39, according to MarketBeat. Revenue increased 52.40 percent year over year, making the financing and interest-rate outlook the key counterweight to the operating expansion.
Results are scheduled for October 28
Carvana is scheduled to report third-quarter 2026 results on October 28, 2026, according to the company's investor-relations page. The Stuttgart quote of EUR 55.93 was 1.12 percent above the EUR 55.31 prior close on October 1, 2026, but the share remained 83.53 percent below its EUR 339.50 52-week high.
Carvana stock facts
- Company: Carvana Co.
- ISIN: US1468691027
- Ticker: CVNA
- Primary exchange: NYSE
- Price substitute Stuttgart (as of October 1, 2026, 9:56 p.m. CEST): EUR 55.93
- Change versus prior close: plus 1.12 percent
- Prior close Stuttgart (October 1, 2026): EUR 55.31
- Market capitalization: EUR 40.0 billion (as of September 30, 2026)
- 52-week range: EUR 47.60-339.50 (as of October 1, 2026)
- Sector / Industry: Consumer Discretionary / Automotive Retail
- Index membership: S&P 500
- Next earnings date: October 28, 2026
