ACV Auctions Inc. (ACVA)

Market Cap	3.58B
Revenue (ttm)	596.02M
Net Income (ttm)	-76.80M
Shares Out	167.64M
EPS (ttm)	-0.47
PE Ratio	n/a
Forward PE	73.13
Dividend	n/a
Ex-Dividend Date	n/a

Volume	980,653
Open	21.35
Previous Close	21.46
Day's Range	21.05 - 21.54
52-Week Range	12.84 - 22.23
Beta	1.58
Analysts	Strong Buy
Price Target	22.83 (+6.83%)
Earnings Date	Nov 7, 2024

About ACVA

ACV Auctions Inc. operates a digital marketplace that connects buyers and sellers for the online auction of wholesale vehicles. The company’s marketplace platform includes digital marketplace, which connects buyers and sellers by providing online auction, which facilitates real-time transactions of wholesale vehicles; Run List for pre-filtering and pre-screening of vehicles up to 24 hours prior to an auction taking place; ACV transportation service to enable the buyers to see real-time transportation quotes and status reports of the vehicle; AC...

• Industry: Auto & Truck Dealerships
• Sector: Consumer Discretionary
• IPO Date: Mar 24, 2021
• Employees: 2,170
• Stock Exchange: NASDAQ
• Ticker Symbol: ACVA
• Website: https://www.acvauto.com

Financial Performance

In 2023, ACV Auctions's revenue was $481.23 million, an increase of 14.16% compared to the previous year's $421.53 million. Losses were -$75.26 million, -26.35% less than in 2022.

Analyst Forecast

According to 7 analysts, the average rating for ACVA stock is "Strong Buy." The 12-month stock price forecast is $22.83, which is an increase of 6.83% from the latest price.

Price Target

$22.83

(6.83% upside)

Analyst Consensus: Strong Buy