Why did Carvana stock fall more than 20% today?

Shares slid after a profit miss tied to higher retail costs and margin pressure. The market is questioning whether per-unit economics can improve fast enough to offset cost inflation. Heavy volume and weak momentum amplified the move as traders repriced growth, profitability, and near-term risk.

Is CVNA stock a buy after the drop?

It depends on your risk tolerance and timeline. Valuation is still rich versus trailing earnings and sales, so execution must improve. If you believe margins and cash flow will strengthen, a staged entry makes sense. Traders may wait for a reclaim of the 200-day moving average for confirmation.

What should I watch after Carvana Q4 results?

Track gross profit per unit, reconditioning and logistics costs, inventory turns, and financing spreads. Also watch liquidity trends, cash generation, and delinquency data tied to auto credit. Clear improvement in these areas would support the margin story and could stabilize sentiment around Carvana stock.

What technical levels matter for CVNA now?

Key levels include the 200-day moving average near $361.54 as resistance and the lower Bollinger Band around $321.18 as support. RSI at 38.52 shows weak momentum, and ATR at 28.20 signals wider swings. Many traders will look for a strong close back above the 200-day.

Global Market Insights

CVNA Stock Today: February 19 — Shares Plunge 20% on Profit Miss

ByHuzaifa Zahoor February 19, 2026February 19, 2026

Carvana stock fell more than 20% on February 19 after a profit miss tied to higher retail costs and softer margins. The post-earnings move shifts attention to unit economics, reconditioning efficiency, and financing costs. We review what Carvana earnings imply for near-term volatility, how valuation stacks up, and which technical levels matter. We also outline practical watch items US investors can use to assess CVNA as the story develops.