Carvana Launches Same-Day Vehicle Delivery in Los Angeles
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 11 2026
0mins
Should l Buy CVNA?
Source: NASDAQ.COM
- Service Expansion: Carvana has launched same-day vehicle delivery in the greater Los Angeles area, allowing customers to complete their vehicle purchase online and receive delivery within hours, significantly enhancing customer experience and service efficiency.
- E-commerce Platform Advantage: Through its intuitive e-commerce platform, Carvana enables customers to browse tens of thousands of high-quality vehicles, secure financing, trade in their old vehicles, and complete purchases online, further strengthening its market competitiveness.
- Logistics Network Enhancement: Jacqueline Hearns, Carvana's Senior Director of Market Operations and Expansion, stated that the combination of the company's local infrastructure and growing logistics network allows eligible customers in Los Angeles to complete transactions quickly, improving the company's service capabilities.
- Stock Market Performance: Carvana's stock (CVNA) is trading at $318.55 in pre-market hours on the New York Stock Exchange, down 0.08%, reflecting a cautious market sentiment towards its new service.
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Analyst Views on CVNA
Wall Street analysts forecast CVNA stock price to rise
18 Analyst Rating
16 Buy
2 Hold
0 Sell
Strong Buy
Current: 326.930
Low
395.00
Averages
497.94
High
550.00
Current: 326.930
Low
395.00
Averages
497.94
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. The Company 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.
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- Delta Airlines Adjusts Capacity: Delta Airlines scaled back its capacity growth plans due to soaring fuel costs, yet reported first-quarter earnings that exceeded Wall Street expectations, resulting in a stock price increase of over 12%, reflecting market confidence in its strategic response.
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- Sales and Revenue Growth: From 2020 to 2025, Carvana's units sold surged from 244,111 to 596,641, while revenue skyrocketed from $5.6 billion to $20.3 billion, indicating strong performance and increased market share in the used car sector.
- Improved Profitability: Carvana achieved full-year profitability since 2023, with adjusted EBITDA margins rising from negative 4.6% in 2020 to 11% in 2025, showcasing significant advancements in cost control and operational efficiency.
- Optimistic Future Outlook: Despite macroeconomic challenges, analysts project Carvana's revenue and adjusted EBITDA to grow at CAGRs of 26% and 28% from 2025 to 2028, suggesting that long-term investment value remains intact.
See More
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- Strong Prices: Non-adjusted wholesale prices increased by 5.7% year-over-year and 4.2% month-over-month, reflecting robust market demand and tight inventory, particularly bolstered by a strong tax refund season that further supports pricing.
- Healthy Demand: Cox Automotive noted that sales conversion rates were higher than in 2025 nearly every week, with March sales running ahead of typical spring patterns, showcasing positive consumer response, especially in luxury and midsize segments.
- EV Performance: The EV Index surged by 7.9% year-over-year and 3.7% month-over-month, standing out in the overall market and indicating rapidly growing demand for electric vehicles, which further enhances the overall performance of the used car market.
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- Tight Inventory: As of March, the days' supply of used vehicles fell below 40 days, marking the lowest point since 2026, indicating increased inventory pressure faced by dealers and consumers that may impact future sales strategies.
- Sales Forecast Adjustment: Cox raised its 2023 used vehicle sales forecast from 20.3 million to 20.4 million, although a slight decline in sales is expected in the second half of the year, reflecting the ongoing demand for used vehicles amid complex market dynamics.
- Shifting Consumer Preferences: With high new vehicle prices, more U.S. consumers are opting for used vehicles, and Cox anticipates the new vehicle market will reach approximately 15.8 million units this year, further driving growth in the used vehicle market.
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See More
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