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Bullish Case: Carvana posts annual profit, streamlines operations amid cost cuts, and sees upgrades due to underappreciated cash generation per car; RBC doubles price target.


Bearish Case: Despite annual profit, Carvana struggles with high debt; Kerrisdale Capital short position underlines growth challenges and overstretched valuation.


Potential Outcomes: 70% chance stock thrives on efficient operations; 25% chance debt burdens trigger sell-offs; 5% chance market re-evaluates valuation, causing correction.


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April 02, 2024


Carvana Forecast

CVNA        Carvana
Price Forecast: BULLISH    Price Action: RANDOM (?)











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