🔴 Carvana is trading 10.5% down today after cautious 2026 EBITDA guidance

Carvana is trading 10.5% down at $59.36 after reporting strong Q2 growth but providing a 2026 profit outlook that fell short of analyst expectations.

• Revenue surged 52% to $7.38B and retail units rose 38% during the second quarter, highlighting significant top-line momentum.
• Management guided 2026 adjusted EBITDA to $2.7B–$3.0B, a range where the midpoint missed analyst expectations, causing investors to refocus on long-term margins.