Carvana (CVNA) Soars 4000%, Gets Upgrade & 5-for-1 Stock Split

Carvana Co. (NYSE:CVNA), a pioneer in online automotive retail, has garnered significant attention for its innovative platform that enables customers to purchase vehicles entirely over the internet. The company is recognized for its transformative approach and rapid expansion within the competitive auto retail sector, competing with both traditional dealerships and other digital car-buying services by emphasizing a seamless and convenient transaction experience.

On March 13, 2026, investment firm William Blair elevated its rating on Carvana shares to "Outperform," as reported by StreetInsider. This upgrade occurred while the stock was trading around $289 and underscored Carvana's substantial growth trajectory. The company's stock has demonstrated remarkable resilience and investor confidence, surging by nearly 4,000% from its pandemic-era lows over the past three years, a testament to its strong market position.

In a move designed to enhance accessibility for its employees and shareholders, Carvana recently announced a 5-for-1 forward stock split, the first in the company's history. Subject to approval, stockholders of record for both Class A and Class B common stock as of May 6, 2026, will receive four additional shares for each share they currently hold. Trading on a split-adjusted basis is anticipated to commence on May 7. This decision reinforces Carvana's dedication to employee ownership, complementing existing programs such as its discounted Employee Stock Purchase Plan.

Despite these positive developments, Carvana's stock exhibits some short-term bearish indicators. Currently, shares are trading 9.6% below their 20-day simple moving average and 21.9% below their 100-day simple moving average. However, the longer-term performance remains robust, with the stock appreciating by nearly 78% over the past year and approaching its 52-week highs.

As of recent trading, Carvana's stock price stands at $291.63, reflecting a modest decline of $1.01, or approximately 0.35%, for the day. Intraday trading has seen the stock fluctuate between a low of $288.50 and a high of $303.26. With a market capitalization estimated at approximately $63.23 billion, Carvana continues to attract considerable investor interest, even after a pullback from its January high of $486.89.

Carvana Co. (NYSE:CVNA) currently holds an RS score of 68.48, placing it in the 53.44th percentile within its country and the 53.27th percentile within its sector. The company shows strength in EPS Revisions, scoring 83.00. However, it exhibits weaker performance in other key areas, with Valuation at 3.08, Growth at 9.54, Profitability at 51.41, and Momentum at 78.69. Want to discover which stocks rank the highest? Start your free 7-day trial at rankedstocks.com.