ACV Auctions, Inc. (ACVA)

NASDAQ: ACVA · IEX Real-Time Price · USD
8.35
-0.34 (-3.91%)
Dec 5, 2022 3:54 PM EST - Market open
-3.91%
Market Cap 1.37B
Revenue (ttm) 423.73M
Net Income (ttm) -103.99M
Shares Out 157.26M
EPS (ttm) -0.58
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 729,683
Open 8.63
Previous Close 8.69
Day's Range 8.33 - 8.93
52-Week Range 6.1 - 22.27
Beta n/a
Analysts Buy
Price Target 13.04 (+56.2%)
Earnings Date Nov 9, 2022

About ACVA

ACV Auctions Inc. operates a digital marketplace that connects buyers and sellers for the online auction of wholesale vehicles. It also provides data services that offer insights into the condition and value of used vehicles, as well as offers customer financing services. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York. [Read more]

Industry Auto & Truck Dealerships
IPO Date Mar 24, 2021
Employees 1,470
Stock Exchange NASDAQ
Ticker Symbol ACVA
Full Company Profile

Financial Performance

In 2021, ACV Auctions's revenue was $358.44 million, an increase of 72.03% compared to the previous year's $208.36 million. Losses were -$78.18 million, 90.6% more than in 2020.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for ACVA stock is "Buy." The 12-month stock price forecast is 13.04, which is an increase of 56.17% from the latest price.

Price Target
$13.04
(56.17% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ACV to Participate at the 2022 Raymond James Technology Investors Conference

BUFFALO, N.Y., Nov. 29, 2022 (GLOBE NEWSWIRE) -- ACV (NASDAQ: ACVA), the leading online automotive marketplace for dealers, announced today that members of its management team will present at the 2022 R...

5 days ago - GlobeNewsWire

ACV Returns to Used Car Week 2022 as Active Sponsor and Exhibitor

The leading digital automotive marketplace will participate in multiple workshops and panel discussions from November 14-17 in San Diego, California

3 weeks ago - GlobeNewsWire

ACV Auctions Inc. (ACVA) Reports Q3 Loss, Tops Revenue Estimates

ACV Auctions Inc. (ACVA) delivered earnings and revenue surprises of 21.05% and 1.02%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

ACV Announces Third Quarter 2022 Results

Gains Market Share, Delivers Solid Revenue Growth and Margin Improvement Updates 2022 Guidance

3 weeks ago - GlobeNewsWire

ACV Announces Upcoming Conference Participation

BUFFALO, N.Y., Nov. 07, 2022 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading online automotive marketplace and data services partner for dealers, announced today that members of its management team ...

3 weeks ago - GlobeNewsWire

Analysts Estimate ACV Auctions Inc. (ACVA) to Report a Decline in Earnings: What to Look Out for

ACV Auctions Inc. (ACVA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

ACV to Report Third Quarter 2022 Financial Results on November 9, 2022

BUFFALO, N.Y., Oct. 19, 2022 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), announced today that it will report third quarter 2022 financial results following the close of market on Wednesday, November 9, 2022...

1 month ago - GlobeNewsWire

When a Picture is Worth Thousands: ACV Virtual Lift™ Now Offers Dealers a Solution to Combat Increasing Catalytic Con...

Full-length panoramic imagery, coupled with machine learning capabilities, offers bottom line protection when acquiring inventory Full-length panoramic imagery, coupled with machine learning capabilitie...

1 month ago - GlobeNewsWire

HGreg Automotive Group adopts ACV's leading digital solutions to reinvent consumer vehicle sourcing

ACV's Drivably and Monk solutions enable dealers to transform their consumer sourcing experience with highly differentiated digital solutions powered by machine learning and data ACV's Drivably and Monk...

3 months ago - GlobeNewsWire

Why ACV Auctions Stock Popped Today

Better-than-expected quarterly results lifted the stock today.

3 months ago - The Motley Fool

ACV Auctions Inc. (ACVA) Reports Q2 Loss, Tops Revenue Estimates

ACV Auctions Inc. (ACVA) delivered earnings and revenue surprises of 47.37% and 4.03%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

ACV Announces Second Quarter 2022 Results

Gains Market Share, Delivers Solid Revenue Growth and Margin Improvement Updates 2022 Guidance

3 months ago - GlobeNewsWire

Is a Surprise Coming for ACV Auctions (ACVA) This Earnings Season?

ACV Auctions (ACVA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

3 months ago - Zacks Investment Research

Can ACV Auctions Inc. (ACVA) Climb 117% to Reach the Level Wall Street Analysts Expect?

The average of price targets set by Wall Street analysts indicates a potential upside of 117% in ACV Auctions Inc. (ACVA). While the effectiveness of this highly sought-after metric is questionable, the...

3 months ago - Zacks Investment Research

ACV Auctions Inc. (ACVA) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

ACV Auctions Inc. (ACVA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

ACV to Report Second Quarter 2022 Financial Results on August 10, 2022

BUFFALO, N.Y., July 20, 2022 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), announced today that it will report second quarter 2022 financial results following the close of market on Wednesday, August 10, 2022...

4 months ago - GlobeNewsWire

ACV Unveils S.A.M.™, Smart Acquisition Manager™, Arming Dealers with Customizable AI-Powered Programmatic Buying Solu...

S.A.M. accelerates and improves visibility for dealers' core inventory needs so they never miss the right vehicle on ACV's Marketplace S.A.M. accelerates and improves visibility for dealers' core invent...

4 months ago - GlobeNewsWire

ACV Named One of the Best Workplaces in New York™ in 2022 by Great Place to Work® and Fortune Magazine

BUFFALO, N.Y., June 27, 2022 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, today announced it has been...

5 months ago - GlobeNewsWire

ACV Auctions Inc. (ACVA) Soars 6.2%: Is Further Upside Left in the Stock?

ACV Auctions Inc. (ACVA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more str...

5 months ago - Zacks Investment Research

ACV Auctions Inc. (ACVA) Reports Q1 Loss, Tops Revenue Estimates

ACV Auctions Inc. (ACVA) delivered earnings and revenue surprises of 0% and 1.61%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

ACV Announces First Quarter 2022 Results

Delivers Solid Revenue Growth and Market Share Gains

6 months ago - GlobeNewsWire

ACV Capital Launches New Online Portal For All ACV Capital Floorplan Customers

ACV Capital's new self-service portal offers real time access to credit line details, payment information and invoices. ACV Capital's new self-service portal offers real time access to credit line detai...

7 months ago - GlobeNewsWire

ACV to Report First Quarter 2022 Financial Results on May 11, 2022

BUFFALO, N.Y., April 20, 2022 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), announced today that it will report first quarter 2022 financial results following the close of market on Wednesday, May 11, 2022. O...

7 months ago - GlobeNewsWire

Carrier by ACV Transportation™ App Offers Digital Efficiencies, Protection and Faster Payment for ACV Auctions Vehicl...

The new free app offers digital solution for a smooth, more transparent pickup and delivery experience for carriers and dealers The new free app offers digital solution for a smooth, more transparent pi...

8 months ago - GlobeNewsWire

ACV Appoints Chief Legal Officer and Scales to 2,000 Teammates

Organic growth, acquisitions and strategic hires further company's recruitment initiatives and continued investment in innovation Organic growth, acquisitions and strategic hires further company's recru...

8 months ago - GlobeNewsWire