Carvana Co. (NYSE:CVNA) Stock Analysis: Post-Split Performance and Analyst Optimism

• Carvana Co. (NYSE:CVNA) recently underwent a 1-for-5 stock split, aiming to make shares more accessible to a broader investor base.
• Despite trailing its industry, Carvana Co. shares have seen an 18.4% return over the past month, outperforming the S&P 500.
• Analysts maintain a positive outlook, with price targets up to $600.00, driven by strong operational results like a 40% increase in vehicles sold and a retail gross profit per unit of $3,250.00.

Carvana Co. (NYSE:CVNA) is an online platform for buying and selling used cars. The company operates in the competitive Internet - Commerce industry. On May 7, 2026, Carvana Co. had a 1-for-5 stock split, an event that often draws investor attention.

A stock split increases the number of a company's shares to make them more affordable per share. This action does not change the company's total market value but can make the stock more accessible to a wider range of investors.

Following the split, Carvana Co. has become a heavily searched stock, as highlighted by Zacks. Over the past month, its shares have returned 18.4%. This performance is greater than the Zacks S&P 500 composite's 9.5% change but trails the 23.4% gain of its own Zacks Internet - Commerce industry.

Analysts are reacting positively to Carvana Co.'s improving unit growth and margins. As highlighted by Benzinga, there is significant margin upside. Following strong first-quarter results, BTIG maintained its Buy rating and raised its price target to $485.00, while Needham increased its target to $600.00.

This optimism is fueled by strong operational results. Carvana Co. reports that vehicles sold increased by over 40% for the sixth consecutive quarter. Additionally, the retail gross profit per unit was $3,250.00, surpassing the expected $3,170.00 and signaling strong profitability.