Carvana Joins the S&P 500 Before These Tech Stocks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 05 2025
0mins
Source: MarketWatch
Carvana Joins S&P 500: Carvana, along with two other companies, will be added to the S&P 500 index in about two weeks, as announced by S&P Dow Jones Indices.
Investor Expectations: The announcement disappointed investors who were hoping for the inclusion of larger tech companies or a prominent cryptocurrency firm.
Stock Performance: Following the news, Carvana's shares experienced a significant increase, rallying over 10% in after-hours trading.
Market Reaction: The addition of Carvana to the S&P 500 reflects ongoing shifts in market dynamics and investor sentiment.
Analyst Views on CVNA
Wall Street analysts forecast CVNA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CVNA is 475.88 USD with a low forecast of 360.00 USD and a high forecast of 550.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
16 Buy
2 Hold
0 Sell
Strong Buy
Current: 478.450
Low
360.00
Averages
475.88
High
550.00
Current: 478.450
Low
360.00
Averages
475.88
High
550.00
About CVNA
Carvana Co. is a holding company. The Company operates an e-commerce platform for buying and selling used cars. The Company primarily acquires used vehicle inventory directly from customers, used car auctions, and wholesale used vehicle suppliers, including retail marketplace partners. Once it acquires a vehicle, the Company leverages its in-house logistics network or a vendor to transport the vehicle to one of its inspection and reconditioning centers (IRC) or auction locations with reconditioning capabilities, at which point the vehicle enters its inventory management system. It offers a mobile-optimized Website, where prospective retail car buyers can immediately begin browsing, researching, filtering, and identifying their vehicle of choice, where it offers an annotated virtual vehicle tour, which includes a 360-degree view of the interior and exterior of the actual vehicle. The Company also offers integrated financing using its loan origination platform.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
