🔴 Carvana is trading 8.8% down today on softer-than-expected 2026 EBITDA guidance

Carvana is trading at $60.50 (-8.78%) in pre-market after issuing conservative 2026 guidance that fell below analyst expectations.

• The company reported Q2 revenue of $7.38 billion and EPS of $0.42, but investors focused on the softer-than-expected long-term outlook.
• Management projected full-year 2026 Adjusted EBITDA of $2.7 billion to $3.0 billion, with the midpoint missing consensus estimates.
• The stock remains under pressure despite management highlighting strong unit growth during the quarter.