ACV Auctions Inc. (ACVA)

Market Cap	2.33B
Revenue (ttm)	460.83M
Net Income (ttm)	-76.54M
Shares Out	136.17M
EPS (ttm)	-0.47
PE Ratio	n/a
Forward PE	256.41
Dividend	n/a
Ex-Dividend Date	n/a

Volume	914,898
Open	14.51
Previous Close	14.46
Day's Range	14.12 - 14.51
52-Week Range	7.19 - 18.68
Beta	1.45
Analysts	Strong Buy
Price Target	19.33 (+35.46%)
Earnings Date	Nov 6, 2023

About ACVA

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

• Industry: Auto & Truck Dealerships
• Sector: Consumer Discretionary
• IPO Date: Mar 24, 2021
• Employees: 2,000
• Stock Exchange: NASDAQ
• Ticker Symbol: ACVA

Financial Performance

In 2022, ACV Auctions's revenue was $421.53 million, an increase of 17.60% compared to the previous year's $358.44 million. Losses were -$102.19 million, 30.7% more than in 2021.

Analyst Forecast

According to 15 analysts, the average rating for ACVA stock is "Strong Buy." The 12-month stock price forecast is $19.33, which is an increase of 35.46% from the latest price.

Price Target

$19.33

(35.46% upside)

Analyst Consensus: Strong Buy