Rover Group, Inc. (ROVR)

Feb 27, 2024 - ROVR was delisted (reason: acquired by Blackstone affiliate)
10.99
0.00 (0.00%)
Inactive · Last trade price on Feb 26, 2024
187.70%
Market Cap2.00B
Revenue (ttm)217.80M
Net Income (ttm)10.86M
Shares Out 181.81M
EPS (ttm)0.05
PE Ratio219.80
Forward PE77.76
Dividendn/a
Ex-Dividend Daten/a
Volume2,163,226
Open10.99
Previous Close10.99
Day's Range10.99 - 11.00
52-Week Range3.83 - 11.10
Beta1.94
AnalystsBuy
Price Target8.05 (-26.75%)
Earnings DateMar 12, 2024

About ROVR

Rover Group, Inc. operates an online marketplace for pet care worldwide. It connects pet parents with pet providers who offer overnight services, including boarding and in-home pet sitting, as well as daytime services, such as doggy daycare, dog walking, drop-in visits, grooming, and training. The company was founded in 2011 and is headquartered in Seattle, Washington. [Read more]

Founded 2015
Employees 501
Stock Exchange NASDAQ
Ticker Symbol ROVR
Full Company Profile

Financial Performance

In 2022, Rover Group's revenue was $174.01 million, an increase of 58.43% compared to the previous year's $109.84 million. Losses were -$21.98 million, -65.68% less than in 2021.

Financial Statements

Analyst Summary

According to 7 analysts, the average rating for ROVR stock is "Buy." The 12-month stock price target is $8.05, which is a decrease of -26.75% from the latest price.

Price Target
$8.05
(-26.75% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Rover Group Announces Binding Scheme Implementation Deed with Mad Paws, Australia's Leading Online Pet Care Marketplace

The transaction would mark Rover's expansion into Australia, adding Mad Paws' network of over 300,000 pet parents and 70,000 pet care providers to the Rover Group family The transaction would mark Rov...

4 months ago - GlobeNewsWire

Blackstone Completes Acquisition of Rover

SEATTLE, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Rover Group, Inc. (“Rover” or the “Company”), the world's largest online marketplace for pet care, today announced the completion of its acquisition by priva...

1 year ago - GlobeNewsWire

ROVER GROUP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Rover Group, Inc. - ROVR

NEW ORLEANS , Jan. 26, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

2 years ago - PRNewsWire

Rover Announces Expiration of Hart-Scott-Rodino Waiting Period

SEATTLE, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Rover Group, Inc. (Nasdaq: ROVR) (“Rover” or the “Company”), the world's largest online marketplace for pet care, today announced that the applicable waiting...

2 years ago - GlobeNewsWire

Rover Announces Expiration of “Go-Shop” Period

Acquisition by Blackstone Expected to Close in the First Quarter of 2024 Acquisition by Blackstone Expected to Close in the First Quarter of 2024

2 years ago - GlobeNewsWire

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Rover Group, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 28, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Rover Group, ...

2 years ago - Accesswire

ROVER GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Rover Group, Inc. - ROVR

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Rover Group, Inc...

2 years ago - Business Wire

Blackstone is buying Rover Group at a big premium

Rover Group Inc (NASDAQ: ROVR) jumped nearly 30% on Wednesday after Blackstone Inc (NYSE: BX) said it will buy the online marketplace for pet care services for about $2.30 billion. Rover has a thirty-...

Other symbols: BX
2 years ago - Invezz

Rover to be acquired by asset manager Blackstone in $2.3B deal

Seattle pet-sitting marketplace Rover announced Wednesday that it has agreed to be acquired by asset manager Blackstone in a deal worth approximately $2.

Other symbols: BX
2 years ago - GeekWire

Rover Agrees to be Acquired by Blackstone in $2.3 Billion Transaction

$11.00 Per Share Purchase Price Represents 61% Premium Over 90 trading-day VWAP $11.00 Per Share Purchase Price Represents 61% Premium Over 90 trading-day VWAP

2 years ago - GlobeNewsWire

Forget Shopify: 3 Internet Stocks to Buy Instead

Rover Group, Duolingo, and Eventbrite command market caps as low as $700 million, a sharp contrast to Shopify, which is approaching $90 billion. Rover has turned profitable, and the pet services platf...

Other symbols: SHOPDUOLEB
2 years ago - The Motley Fool

3 Stocks Under $10 That Have More Than Doubled in 2023

Rover Group, Nu Holdings, and Archer Aviation are up 120%, 109%, and 166%, respectively, in 2023. Rover is now profitable as the leading digital platform to find pet boarding, sitting, and walking ser...

Other symbols: ACHRNU
2 years ago - The Motley Fool

Rover to Participate at D.A. Davidson Technology Summit

SEATTLE, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Rover Group, Inc. (Nasdaq: ROVR) (“Rover” or the “Company”), the world's largest online marketplace for pet care, today announced that management will host 1...

2 years ago - GlobeNewsWire

Rover CEO on inflation on pet care, costs and business outlook

Aaron Easterly, Rover CEO, joins 'Power Lunch' to discuss pet care and costs.

2 years ago - CNBC Television

Why Rover Group Stock Was Soaring Today

Rover beat estimates on the top and bottom lines in the third quarter. The company also posted a GAAP profit.

2 years ago - The Motley Fool

Rover Stock Can Be an Investor's Best Friend

Rover delivers its third consecutive "beat and raise" quarter. The stock has nearly doubled this year.

2 years ago - The Motley Fool

Rover Group, Inc. (ROVR) Q3 2023 Earnings Call Transcript

Rover Group, Inc. (NASDAQ:ROVR) Q3 2023 Earnings Conference Call November 6, 2023 4:30 PM ET Company Participants Aaron Easterly - Chief Executive Officer, Co-Founder Brent Turner - President, Chief ...

2 years ago - Seeking Alpha

Rover Reports Third Quarter 2023 Financial Results

SEATTLE, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Rover Group, Inc. (“Rover” or the “Company”) (NASDAQ: ROVR), the world's largest online marketplace for pet care, today announced financial results for the t...

2 years ago - GlobeNewsWire

$1,000 Invested in These 3 Stocks Could Make You a Fortune

Cava Group, Celsius, and Rover Group are posting strong revenue growth. Cava is expanding quickly, but it also posted huge comps in its first quarter as a public company.

Other symbols: CAVACELH
2 years ago - The Motley Fool

Rover to Announce Third Quarter 2023 Financial Results on November 6, 2023

SEATTLE, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Rover Group, Inc. (Nasdaq: ROVR) (“Rover” or the “Company”), the world's largest online marketplace for pet care, today announced that it will report third q...

2 years ago - GlobeNewsWire

Rover to Present at Jefferies Pet Care & Wellness Conference

SEATTLE, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Rover Group, Inc. (Nasdaq: ROVR) (“Rover” or the “Company”), the world's largest online marketplace for pet care, today announced that management will prese...

2 years ago - GlobeNewsWire

3 Hot Pet Stocks That Are No Longer Wall Street Dogs

Rover soared this week after posting beat-and-raise financials. The stock is up 74% this year.

Other symbols: CHWYFRPT
2 years ago - The Motley Fool

Why Rover Stock Jumped on Wednesday

The online pet care marketplace reported strong growth in revenue and margins. International growth was also a positive, especially in Europe.

2 years ago - The Motley Fool

Rover Group, Inc. (ROVR) Q2 2023 Earnings Call Transcript

Rover Group, Inc. (NASDAQ:ROVR) Q2 2023 Earnings Conference Call August 1, 2023 4:30 PM ET Company Participants Walter Ruddy - Investor Relations Aaron Easterly - Chief Executive Officer and Co-Found...

2 years ago - Seeking Alpha

Rover Reports Second Quarter 2023 Financial Results

SEATTLE, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Rover Group, Inc. (“Rover” or the “Company”) (NASDAQ: ROVR), the world's largest online marketplace for pet care, today announced financial results for the s...

2 years ago - GlobeNewsWire