🔴 Carvana is trading 9.7% down today as conservative EBITDA guidance offsets a Q2 earnings beat

Carvana is trading 9.7% down at $59.55 as investors reassess strong Q2 results against more conservative full-year EBITDA guidance.

• Despite a significant revenue beat and solid unit growth, the midpoint of 2026 adjusted EBITDA guidance came in below analyst expectations.
• The stock is pulling back sharply as the market shifts focus from past momentum to future margins following the post-earnings run-up.