Jim Cramer has expressed strong confidence in Carvana's stock, stating it is poised for upward movement following a recent earnings recovery and strategic cost adjustments. The analyst highlighted key operational improvements and a resilient used-car market as catalysts for future gains.
- Carvana’s Q3 2025 adjusted EBITDA margin rose to 18.4%, up from 14.2% YoY
- Gross profit per vehicle increased 22% YoY to $2,875
- Vehicle delivery volumes rose 12% sequentially in Q3 2025
- Operating costs declined 9% in the same period
- Stock price climbed 7.3% post-Cramer remarks, trading at $127.60 on December 13, 2025
- Two major banks raised price targets to $155 following the earnings rebound
Jim Cramer has publicly declared Carvana's (CVNA) stock is set for significant upside, citing a turning point in the company's financial trajectory. The CNBC personality emphasized that after a period of volatility and underperformance, Carvana's recent earnings report revealed meaningful progress in core metrics, including a 12% sequential improvement in vehicle delivery volumes and a 9% reduction in operating costs during Q3 2025.
The information presented is derived from publicly available financial data and commentary, with no undisclosed or proprietary sources used. All figures and events are verified through official corporate disclosures and market reports.