Why Carvana Co. (CVNA) stock rose 15.3% on Thursday, October 29, 2026

Carvana Co. (CVNA) traded at $68.09 as of 11:31 AM ET, up 15.31% on Thursday, October 29, 2026, on volume of 10,688,834 shares (1.2× its 3-month average); market value about $75.50B.

What happened: primary sources

Events Nexqual found for CVNA on Thursday, October 29, 2026 or the trading day before (October 28, 2026):

• Oct 28, 2026: Reported Q3 2026 results: EPS $0.39 vs consensus $0.44 (miss), revenue $8.04B vs consensus $7.70B (beat). Guidance: Expects Adjusted EBITDA in the higher end of the $2.7 to $3.0 billion range for full year 2026. source
• Oct 29, 2026: BTIG: Target lowered, Buy, price target $87 → $82
• Oct 29, 2026: Needham: Target lowered, Buy, price target $120 → $100

These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.

More on CVNA

CVNA stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Other big moves that day: October 29, 2026.

Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built October 29, 2026 at 16:10 UTC. Not investment advice.

Data source: Nexqual. Last updated: October 29, 2026 at 16:10 UTC. This page is informational and not investment advice.

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