ACV Auctions Inc. (ACVA)

NASDAQ: ACVA · Real-Time Price · USD
17.59
-1.01 (-5.41%)
Feb 21, 2025, 4:00 PM EST - Market closed
-5.41%
Market Cap 2.97B
Revenue (ttm) 637.16M
Net Income (ttm) -79.70M
Shares Out 168.77M
EPS (ttm) -0.48
PE Ratio n/a
Forward PE 71.31
Dividend n/a
Ex-Dividend Date n/a
Volume 3,559,031
Open 18.94
Previous Close 18.59
Day's Range 17.56 - 19.35
52-Week Range 14.76 - 23.46
Beta 1.68
Analysts Strong Buy
Price Target 23.50 (+33.64%)
Earnings Date Feb 19, 2025

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... [Read more]

IPO Date Mar 24, 2021
Employees 2,170
Stock Exchange NASDAQ
Ticker Symbol ACVA
Full Company Profile

Financial Performance

In 2024, ACV Auctions's revenue was $637.16 million, an increase of 32.40% compared to the previous year's $481.23 million. Losses were -$79.70 million, 5.90% more than in 2023.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ACVA stock is "Strong Buy." The 12-month stock price forecast is $23.5, which is an increase of 33.64% from the latest price.

Price Target
$23.5
(33.64% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

ACV Auctions Inc. (ACVA) Q4 2024 Earnings Call Transcript

ACV Auctions Inc. (NASDAQ:ACVA) Q4 2024 Earnings Conference Call February 19, 2024 5:00 PM ET Company Participants Tim Fox - VP, IR George Chamoun - CEO William Zerella - CFO Conference Call Particip...

2 days ago - Seeking Alpha

ACV Announces Fourth Quarter and Full-Year 2024 Results

Fourth quarter revenue of $160 million and full-year revenue of $637 million Fourth quarter GAAP net income (loss) of ($26) million and full-year GAAP net income (loss) of ($80) million Fourth quarter...

2 days ago - GlobeNewsWire

ACV to Report Fourth Quarter 2024 Financial Results on February 19, 2025, and Host Analyst Day on March 11, 2025

BUFFALO, N.Y., Jan. 22, 2025 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, announced today that the ...

4 weeks ago - GlobeNewsWire

ACV to Showcase AI-Powered Data Solutions at 2025 National Automobile Dealers Association Conference

BUFFALO, N.Y., Jan. 21, 2025 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, will arrive at the 2025 N...

4 weeks ago - GlobeNewsWire

Kemper To Rally More Than 25%? Here Are 4 Top Analyst Forecasts For Thursday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Other symbols: KMPRAVXLPYPD
2 months ago - Benzinga

ACV to Participate in the 4th Annual Needham Consumer Tech / Ecommerce Virtual Conference

BUFFALO, N.Y., Nov. 18, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that members...

3 months ago - GlobeNewsWire

ACV Auctions Inc. (ACVA) Q3 2024 Earnings Call Transcript

ACV Auctions Inc. (NASDAQ:ACVA) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Tim Fox - Vice President of Investor Relations George Chamoun - Chief Executive Offic...

3 months ago - Seeking Alpha

ACV to Report Third Quarter 2024 Financial Results on November 7, 2024

BUFFALO, N.Y., Oct. 23, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Com...

4 months ago - GlobeNewsWire

ACV Showcases Consumer Vehicle Acquisition Solutions at Digital Dealer Conference & Expo

BUFFALO, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial clients, will showcase how ACV MAX ...

4 months ago - GlobeNewsWire

ACV Auctions Inc. (ACVA) Q2 2024 Earnings Call Transcript

ACV Auctions Inc. (NASDAQ:ACVA) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Tim Fox - Vice President of Investor Relations George Chamoun - Chief Executive Officer...

7 months ago - Seeking Alpha

ACV Announces Participation in Upcoming Investor Conferences

BUFFALO, N.Y., Aug. 07, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that members...

7 months ago - GlobeNewsWire

ACV to Report Second Quarter 2024 Financial Results on August 7, 2024

BUFFALO, N.Y., July 24, 2024 (GLOBE NEWSWIRE) --  ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Co...

7 months ago - GlobeNewsWire

ACV Auctions Inc. (ACVA) Q1 2024 Earnings Call Transcript

ACV Auctions Inc. (NASDAQ:ACVA) Q1 2024 Earnings Conference Call May 8, 2024 5:00 AM ET Company Participants George Chamoun - Chief Executive Officer Bill Zerella - Chief Financial Officer Tim Fox - ...

10 months ago - Seeking Alpha

ACV to Participate in Upcoming Investor Conferences

BUFFALO, N.Y., May 09, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that members ...

10 months ago - GlobeNewsWire

ACV Transportation Expands Services to Vehicles Purchased Outside of the ACV Platform

Dealers nationwide can now utilize ACV's seamless and transparent solution for rapid vehicle delivery for their full inventory. Dealers nationwide can now utilize ACV's seamless and transparent soluti...

11 months ago - GlobeNewsWire

ACV Auctions Inc. (ACVA) Q4 2023 Earnings Call Transcript

ACV Auctions Inc. (ACVA) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

ACV Auctions: Positive On EBITDA Beat And Above-Expectations Revenue Guidance (Rating Upgrade)

ACV Auctions' actual EBITDA loss for the recent quarter was narrower than both its management guidance and the consensus estimate. ACVA expects its top line to expand by +28.5% to $617.5 million in 20...

1 year ago - Seeking Alpha

ACV Auctions Announces the Settlement of Litigation Regarding AutoIMS

ACV licenses AutoIMS in support of ACV's digital product offering, expanding its scope of services for commercial consignors. ACV licenses AutoIMS in support of ACV's digital product offering, expandi...

1 year ago - GlobeNewsWire

ACV Announces Fourth Quarter and Full-Year 2023 Results

Gained Market Share and Delivered 21% Revenue Growth Adjusted EBITDA Ahead of Guidance

1 year ago - GlobeNewsWire

Impel Launches Car Buying AI and Integrates with ACV Auctions' ClearCar to Bring Enhanced Inventory Acquisition Solution to Auto Dealers

Combination of AI-Powered Lead Management with Automated Vehicle Condition Analysis and Valuation Provides End-to-End Automation for Private Party Vehicle Acquisition. SYRACUSE, N.Y.

1 year ago - PRNewsWire

ACV to Report Fourth Quarter and Full Year 2023 Financial Results on February 21, 2024

BUFFALO, N.Y., Jan. 24, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Com...

1 year ago - GlobeNewsWire

ACV to Showcase the Future of Vehicle Sourcing and Inventory Management at the 2024 National Automobile Dealers Association Show in Las Vegas

Dealers win by leveraging ACV's data and AI-powered inspection technologies Dealers win by leveraging ACV's data and AI-powered inspection technologies

1 year ago - GlobeNewsWire

ACV Auctions: Macro Tailwinds Ahead To Continue Driving Growth

I continue to recommend a buy for ACV, As I believe it can achieve its FY26 targets. ACV has shown strong performance with gains in market share and revenue growth, despite a contraction in the indust...

1 year ago - Seeking Alpha

ACV Panels Discuss using AI for Trusted Vehicle Valuation and Disposal Strategies at Used Car Week 2023

The leading digital automotive marketplace shares insights following executive panel participation and exhibiting at the event.

1 year ago - GlobeNewsWire

ACV Auctions Inc. (ACVA) Q3 2023 Earnings Call Transcript

ACV Auctions Inc. (NASDAQ:ACVA) Q3 2023 Earnings Conference Call November 6, 2023 5:00 PM ET Company Participants Tim Fox - Vice President, Investor Relations George Chamoun - Chief Executive Officer...

1 year ago - Seeking Alpha