Jeffries adjusts Carvana Price Target to $85 from $30

On Tuesday, Carvana Co. (NYSE:CVNA) stock saw an adjustment in their market outlook as Jefferies shifted its perspective on the online used car retailer. The firm upgraded its rating from Underperform to Hold and significantly increased the price target for Carvana's stock to $85 from the previous $30.

The upgrade comes as Jefferies noted Carvana's recent expansion in Retail Gross Profit per Unit (GPU), which indicates that the company's operational adjustments might be leading to sustainable improvements in unit economics.

The analyst from Jefferies highlighted that Carvana's progress toward achieving positive cash flow has lessened downside risks, presenting a more balanced risk-reward scenario for investors.

https://uk.investing.com/news/stock-market-news/jefferies-upgrades-carvana-stock-to-hold-on-improved-unit-economics-93CH-3377114

I wonder why it got removed?

Any ideas?

https://www.reddit.com/r/pennystocks/comments/1b5i139/gmer_good_gaming_launches_new_galactic_acres/

CVNA!!
😀😀

The Fed - Federal Open Market Committee (FOMC) meets tomorrow for a two-day meeting.
https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm

If they decide to lower rates, which they have already said they expect to do in 2024, then we
should see a big volume increase in companies that rely on lower interest rates to boost their stock prices.

CVNA is one of those companies.
Carvana earnings report due February 22nd.

Vroom going out of business!
Less competition, more Market Share for CVNA!

https://www.vroom.com/sell/sitemsg

LOL!!

Quote: "Can’t wait for CVNAQ"

ROFLMAO!!!!

😄😄😄😄😄😄😄

I was wrong!

Here's my New Prediction for Short Sellers on February 1st:



Tick Tock!!

Nice Article:

How Affirm, Carvana cost short sellers over $3B in 2023
https://finance.yahoo.com/video/affirm-carvana-cost-short-sellers-165353019.html

Awesome Stock!! $75 first week of January!

CARVANA EXPANDS SAME DAY DELIVERY OFFERING TO DALLAS-FORT WORTH AREA CUSTOMERS

https://investors.carvana.com/news-releases/2023/11-16-2023-110022013

Looks like this Good News is boosting Carvana today!

Cooling Inflation Likely Ends Fed Rate Hikes
https://www.msn.com/en-us/money/markets/cooling-inflation-likely-ends-fed-rate-hikes/ar-AA1jSIE0

I like the word: "Monetization" 😀

Quote:
What sets the Galactic Acres Universe of games apart from what is out in the market currently is the integration of Web3 technologies, spanning a series of games and intellectual properties that will tie connected storylines, exciting features, and functionality, including an integrated rewards tree, limited supply skin drops, and full ownership & monetization."

https://www.globenewswire.com/news-release/2023/10/05/2755362/0/en/Good-Gaming-Inc-and-Coeus-Solutions-Forge-Development-Partnership-for-Web3-Integrated-Mobile-Idle-Game-Galactic-Acres.html

Quote: "Yep he said Nasdaq"

I posted about his Nasdaq ambitions last October, but it fell on deaf ears.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170101331

cbrad

I can't find it, how is it listed, and where did you see it?

Here's a little Good News to start off our week:

CARVANA CHAMPIONS NEW OREGON LAW DIGITIZING CAR BUYING EXPERIENCE
Sep 05, 2023
https://investors.carvana.com/news-releases/2023/09-05-2023-140023674


CARVANA TO PRESENT AT UPCOMING MORGAN STANLEY 11TH ANNUAL LAGUNA CONFERENCE
Sep 05, 2023
https://investors.carvana.com/news-releases/2023/09-05-2023-110017173

Carvana to Complete Debt Exchange with Over 96% of Noteholders
Thu, August 31, 2023 at 8:10 AM CDT

https://finance.yahoo.com/news/carvana-complete-debt-exchange-over-131000840.html

CARVANA LAUNCHES SAME DAY VEHICLE DELIVERY IN GREATER CHARLOTTE AREA BRINGING NEW LEVEL OF SPEED AND CONVENIENCE TO LOCAL SHOPPERS

Aug 30, 2023

https://investors.carvana.com/news-releases/2023/08-30-2023-110012971

One option nobody seems to discuss is that $GMER could easily gravitate towards online gambling and
create an immediate revenue stream while they develop their own games.

I wonder how that would affect the price per share?

PS: Just the name: "Good Gaming" should be worth something to a prospective buyer or partner.

I found it over at ROOT's Edgar Filings:
https://www.sec.gov/Archives/edgar/data/1737364/000169082023000261/cvnaschedule13d_aroot.htm

CARVANA UPDATES Q3 2023 OUTLOOK INCLUDING INCREASING ADJUSTED EBITDA OUTLOOK BY
OVER $75 MILLION AND PROVIDES INSIGHTS ON SEVERAL FUNDAMENTAL DRIVERS OF GROSS PROFIT
PER UNIT IMPROVEMENTS

https://investors.carvana.com/news-releases/2023/08-09-2023-131017343

I agree with you. The tighter that ViaOne and Good Gaming mesh together, the higher probability of
a merger being in their best interest.

My 2 cents!

cbrad

I've worked at two casinos and our biggest customers during the first week of every month was
older folks blowing their Social Security checks.

$CVNA Carvana For the Win!!! $$$$$$$

My opinion is that it will settle in the 50's for now, but go even higher towards christmas.

I could be wrong, and I've been wrong before, but that's my gut instinct.

cbrad

LOL!! The Peanut Gallery sure is quiet right now!

https://investors.carvana.com/news-releases/2023/07-27-2023-211010902

Red Box: PPS Goes Down

Green Box: PPS Goes Back Up!

Dilution is over and Carvana is Movin' On Up Again!

Looks like dilution is over for now. Time to go back up!!

https://ih.advfn.com/stock-market/NYSE/carvana-CVNA/stock-news/91667809/carvana-fully-satisfies-public-issuance-requiremen

I'll be watching tonight:

https://www.cnbc.com/2023/07/19/jim-cramers-top-10-things-to-watch-in-the-stock-market-wednesday.html

This is the guy that GMER hired to create revenue opportunities on Roblox.
I don't know whether to believe him or not. Did we get a refund? Did we get conned?

Congratulations!

HOD is 23.50; Let's punch through that!!

cbrad

I'm with you; they're trading it sideways right now and I don't know which way it will go.

Good Luck!

cbrad

Almost the whole float has traded already! Time for a SQUEEZE!!

cbrad

ViaOne could just "Buy Out" GMER at whatever Offer/Acceptance price is agreed upon by both
the seller and buyer, of which Dorwart is the CEO of both.

Theoretically, ViaOne could buy GMER for $.0001 per share and there's not a damned thing
anybody could do to prevent it so long as the Board of Directors (Dorwart) of each company
consents to it.

Am I correct? What are your thoughts?


cbrad

I'm thinking it was taken away because the company no longer meets the minimum valuation.

Did you notice that we are no longer "Penny Stock Exempt"?

Ford Next Launches Flexible Lease Pilot – Ford Drive – With Uber, Aiming to Boost Electric Rideshare Adoption

https://www.businesswire.com/news/home/20230601005272/en/Ford-Next-Launches-Flexible-Lease-Pilot-%E2%80%93-Ford-Drive-%E2%80%93-With-Uber-Aiming-to-Boost-Electric-Rideshare-Adoption