Carvana (CVNA) Stock Continues to Slide As Analysts Lower Price Targets

Carvana Co. (NYSE:CVNA) is one of the best WallStreetBets stocks to buy according to analysts.

On February 20, Citi analyst Ronald Josey maintained a Buy rating on Carvana Co. (NYSE:CVNA) while lowering the firm’s price target from $550 to $465. According to the firm, the downward price target adjustment is due to the increased market volatility following the company’s earnings report. Citi also believes that the company’s outlook for the first quarter and for the full-year 2026 will be cautious. The analyst said that the firm would consider buying the stock if it experiences any weakness in the short term.

In addition to Citi, UBS also reduced its price target on Carvana Co. (NYSE:CVNA) from $545 to $485 on February 20 while keeping a Buy rating. The analyst said that the company missed its Q4 EBITDA expectations due to higher reconditioning costs, which are considered temporary. However, in the short term, retail GPU and EBITDA per unit are projected to stay flat or slightly decline compared with the last year.

Carvana Co. (NYSE:CVNA) operates an e-commerce platform for buying and selling used cars. The company is based in Tempe, Arizona, and was founded in 2012 by Ernest Garcia III, Benjamin Huston, and Ryan Keeton.

While we acknowledge the potential of CVNA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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