Carvana (NYSE: CVNA) is not out of the weeds but is performing well in 2025, accelerating its business turnaround. The Q1 results reveal strengths in consumer markets and rapidly improving profitability, which have it on track to reach lofty new goals. Company execs announced new long-term targets, including exceeding 3 million in annual retail unit sales with a 13.5% margin.
That’s more than 700% growth compared to 2024, with a significantly wider margin expected within the next five to ten years. Based on the Q1 results, the company will likely easily meet the goal.
