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Barchart
Barchart
Subhasree Kar

Carvana Stock Was a Top Performer in 2025. Is There Gas Left in the Tank for 2026?

After a remarkable rally in 2025, Carvana Co. (CVNA) stock emerged as one of the standout performers in the market, rewarding investors with strong appreciation and renewed confidence in the company’s business model. Once teetering on the brink of collapse, the online used-car retailer reported record-breaking quarterly results across revenue, unit sales, and profitability, leading to inclusion in the S&P 500 Index ($SPX) a milestone that underscored its dramatic turnaround and validated its strategic execution.

Bolstered by industry-leading growth rates, multiple analyst upgrades, and sustained demand for its direct-to-consumer used vehicle platform, Carvana has defied skeptics and delivered outsized returns for shareholders in 2025.

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