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BTCC / BTCC Square / Global Cryptocurrency /
Carvana Stock Poised for Volatility as Earnings Approach

Carvana Stock Poised for Volatility as Earnings Approach

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-07-29 23:22:02
0
BTCCSquare news:

Traders anticipate an 11% swing in Carvana shares following Wednesday's earnings report, with options pricing suggesting a potential rally to $373 or a drop to $299. The stock, down 2% at $329 in recent trading, has been a rollercoaster this year—plummeting from $285 to $163 in April before doubling in recent months.

Oppenheimer analysts remain bullish, projecting a 30% upside to $450, citing Carvana's disruptive digital model in the fragmented used-car market. Retail investors continue to fuel the meme stock's momentum, pushing it toward its August 2021 all-time high of $370.

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