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Vroom, Inc. (VRM)

NASDAQ: VRM · IEX Real-Time Price · USD
15.54
-0.17 (-1.08%)
At close: Nov 26, 2021 1:00 PM
15.55
0.01 (0.06%)
After-hours:Nov 26, 2021 4:58 PM EST
Market Cap2.13B
Revenue (ttm)2.66B
Net Income (ttm)-301.78M
Shares Out136.91M
EPS (ttm)-2.23
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume3,624,901
Open18.50
Previous Close15.71
Day's Range15.07 - 15.79
52-Week Range16.61 - 53.33
Betan/a
AnalystsBuy
Price Target39.42 (+153.7%)
Earnings DateNov 9, 2021

About VRM

Vroom, Inc. operates an e-commerce platform for buying and selling of new and used cars in the United States. It also offers financing solutions. The company was formerly known as Auto America, Inc. and changed its name to Vroom, Inc. in July 2015. The company was incorporated in 2012 and is headquartered in New York, New York.

IndustrySpecialty Retail
IPO DateJun 9, 2020
Employees944
Stock ExchangeNASDAQ
Ticker SymbolVRM
Full Company Profile

Financial Performance

In 2020, Vroom's revenue was $1.36 billion, an increase of 13.92% compared to the previous year's $1.19 billion. Losses were -$202.80 million, 41.8% more than in 2019.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for Vroom stock is "Buy." The 12-month stock price forecast is 39.42, which is an increase of 153.67% from the latest price.

Price Target
$39.42
(153.67% upside)
Analyst Consensus: Buy

News

VROOM ALERT: Bragar Eagel & Squire, P.C. is Investigating Vroom, Inc. on Behalf of Long-Term Stockholders and Encoura...

NEW YORK--(BUSINESS WIRE)-- #Securities--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Vroom, Inc. (NASDAQ: VRM) on behalf o...

1 week ago - Business Wire

SHAREHOLDER ALERT: Robbins LLP Investigates Vroom, Inc. (VRM) on Behalf of Shareholders

SAN DIEGO & NEW YORK--(BUSINESS WIRE)---- $VRM #investing--Vroom, Inc. (VRM) is Accused of Misleading Investors About its Ability to Meet Demand for its Vehicles

2 weeks ago - Business Wire

Vroom (VRM) Reports Q3 Loss, Tops Revenue Estimates

Vroom (VRM) delivered earnings and revenue surprises of 5.41% and 0.35%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Vroom Reports Strong Third Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the third quarter ended September 30, 2021 (...

2 weeks ago - Business Wire

4 Auto Stocks Set for Q3 Earnings Beat Amid Industry Headwinds

While the auto industry is currently facing chip crunch-related headwinds, stocks like CARG, VRM, PTRA and LEV look well poised to pull off third-quarter 2021 earnings beat.

Other symbols:CARGLEVPTRA
3 weeks ago - Zacks Investment Research

Why Vroom (VRM) Might Surprise This Earnings Season

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

3 weeks ago - Zacks Investment Research

Vroom (VRM) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

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

3 weeks ago - Zacks Investment Research

Online Automotive Retailer Vroom Increases Houston Presence With Launch of Last Mile Concierge Experience

HOUSTON--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the opening of a new Houston hub, which will create a more customiz...

1 month ago - Business Wire

Online Automotive Retailer Vroom Launches New TV Spot Featuring All Star Julius Randle

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the release of its newest broadcast spot featuring New York basket...

1 month ago - Business Wire

Vroom Announces Third Quarter 2021 Earnings Conference Call and Audio Webcast Scheduled for November 10, 2021

NEW YORK--(BUSINESS WIRE)--Vroom Announces Third Quarter 2021 Earnings Conference Call

1 month ago - Business Wire

Digital Car Platform Vroom Acquiring United Auto Credit for $300M

Online automobile eCommerce startup Vroom is moving to acquire automotive finance firm United Auto Credit Corporation (UACC) for $300 million in an all-cash transaction, according to a press release ema...

1 month ago - PYMNTS

Vroom To Acquire Auto Lender UACC For $300M

Vroom Inc (NASDAQ: VRM) has agreed to acquire United Auto Credit Corporation (UACC), an automotive finance company, for $300 million in cash. UACC acquisition accelerates Vroom's objective to establish ...

1 month ago - Benzinga

Online Automotive Retailer Vroom to Acquire United Auto Credit Corporation

NEW YORK--(BUSINESS WIRE)---- $VRM #getin--Online Automotive Retailer Vroom to Acquire United Auto Credit Corporation

1 month ago - Business Wire

Vroom Announces Appointment of New Chief Financial Officer

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles (the “Company”), today announced the appointment of Robert R. Krakowiak as Chief Fi...

2 months ago - Business Wire

Vroom Announces Appointment of New Chief Financial Officer Robert R. Krakowiak Appointed as Chief Financial Officer o...

NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles (the “Company”), today announced the appointment of Robert R. Krakowiak as Chief Fi...

2 months ago - Business Wire

Online Automotive Retailer Vroom Offers Last Mile Concierge Experience to Phoenix Locals

Car Buyers Within 70-Mile Radius Receive More Personalized Service, Direct to Their Driveways Car Buyers Within 70-Mile Radius Receive More Personalized Service, Direct to Their Driveways

3 months ago - GlobeNewsWire

Fintech Platform FUSE Autotech Raises $10M in Series A Funding Led by Target Global

MINNEAPOLIS, Aug. 12, 2021 /PRNewswire/ -- FUSE Autotech, a fintech software platform that redefines the car buying process, today announced the completion of its $10 million Series A round of financing...

3 months ago - PRNewsWire

Vroom Q2 Revenue Tops Consensus, Provides Mixed Outlook

Vroom Inc (NASDAQ: VRM) reported second-quarter FY21 sales growth of 201% year-on-year, to $761.89 million, beating the analyst consensus of $637.99 million. Ecommerce revenue jumped 230% Y/Y $579.7 mil...

3 months ago - Benzinga

Vroom eCommerce Sales Jump 172 Pct As Data Enables Lower Prices, Rapid Turnover

Vroom posted results that showed continued traction in buying and selling vehicles online, particularly through the platform model. In terms of the headline numbers, the company's consolidated revenues ...

3 months ago - PYMNTS

Vroom (VRM) Reports Q2 Loss, Tops Revenue Estimates

Vroom (VRM) delivered earnings and revenue surprises of 0.00% and 16.86%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Vroom Reports Second Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)---- $VRM #GetIn--Vroom Reports Second Quarter 2021 Results

3 months ago - Business Wire

Analysts Estimate Vroom (VRM) to Report a Decline in Earnings: What to Look Out for

Vroom (VRM) 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.

3 months ago - Zacks Investment Research

Online Automotive Retailer Vroom Offers Last Mile Concierge Experience to Seattle Locals

Car Buyers Within 25-Mile Radius Receive More Personalized Service, Direct to Their Driveways Car Buyers Within 25-Mile Radius Receive More Personalized Service, Direct to Their Driveways

4 months ago - GlobeNewsWire

Vroom Announces Second Quarter 2021 Earnings Conference Call and Audio Webcast Scheduled for August 11, 2021

NEW YORK, July 09, 2021 (GLOBE NEWSWIRE) -- Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for ...

4 months ago - GlobeNewsWire

Carvana Gets Downgrade From Analyst Who Favors These Two Used Car Companies Instead

The growth of the used car market was sized up by an analyst Tuesday offering three stocks to watch.  The Carvana Analyst: Piper Sandler analyst Alexander E.

Other symbols:CVNASFT
4 months ago - Benzinga