Carvana (CVNA) enters 2026 with strong momentum after joining the S&P 500 Index (SPX) and delivering record growth in 2025. The company’s index inclusion is seen as a catalyst for more institutional inflows and potentially higher sales next year. Carvana’s cost control initiative, expanding reconditioning capacity, and efforts to navigate a still‑tight credit environment could help sustain its momentum into 2026. Currently, CVNA stock is a Buy, according to the technical indicators, implying further upside from current levels.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Analyzing CVNA Stock’s Technical Indicators
According to TipRanks’ easy-to-understand technical analysis tool, Carvana stock is currently on an upward trend. The stock’s 50-day Exponential Moving Average (EMA) is 388.00, while its price is $437.35, implying a bullish signal.
Further, the Moving Average Convergence Divergence (MACD) indicator, which helps understand momentum and potential price changes, signals a Buy.
Another technical indicator, Williams %R, helps traders see if a stock is overbought or oversold. For CVNA stock, Williams %R currently shows a Buy signal, suggesting the stock is not overbought and has room to run.
Moreover, the Rate of Change (ROC) is a momentum-based technical indicator. It measures the percentage change in a stock’s price between the current price and the price from a specific number of periods ago. Typically, an ROC above zero confirms an uptrend. Carvana currently has an ROC of 10.72, which signals a Buy.
Is CVNA Stock a Good Buy?
Turning to Wall Street, CVNA stock has a Strong Buy consensus rating based on 16 Buys and three Holds assigned in the last three months. At $466.83, the average Carvana stock price target implies a 5.72% upside potential.
