CVNA stock price is outperforming the Nasdaq Auto Index year-to-date with a 62% gain. Institutional buying in late April signaled renewed confidence in Carvana’s debt restructuring progress. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Carvana? Access our full analysis report here . Check out other big names from the same industry as CVNA. CVNA stock price sits near a 3-month high, driven by stronger-than-expected consumer credit availability in auto loans. Analysts see potential upside if macro conditions remain stable.