Streetbeat News

ACVA

ACV Auctions Inc.

https://www.acvauctions.com

Industry

Auto - Dealerships

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.

Open

16.05

Mkt cap

2.7B

Volume

2.1M

High

16.41

P/E Ratio

-33.46

52-wk high

23.46

Low

15.78

Div yield

N/A

52-wk low

14.76

ACV Auctions Inc. held its Q4 2024 earnings call, discussing financial results and company performance. Key participants included executives and analysts from major financial institutions.

Portfolio Pulse from

February 20, 2025 | 4:15 am

ACV Auctions Inc. (ACVA) reported a Q4 loss of $0.01 per share, matching the Zacks Consensus Estimate, and improved from a $0.04 loss per share a year ago. The company exceeded revenue expectations.

Portfolio Pulse from

February 20, 2025 | 12:15 am

The eCommerce industry is experiencing significant growth due to increased adoption of digital technology by suppliers and consumers, leading to rising valuations. Stocks recommended for investment in this sector include ACVA, AMZN, and JD.

Portfolio Pulse from

January 27, 2025 | 6:15 pm

ACV Auctions Inc. held its Q3 2024 earnings call on November 7, 2024, with key company executives and several analysts participating. The call focused on the company's financial performance and outlook.

Portfolio Pulse from

November 10, 2024 | 4:00 am

ACV Auctions Inc. (ACVA) reported Q3 earnings of $0.04 per share, surpassing the Zacks Consensus Estimate of $0.02 per share, and improving from a loss of $0.02 per share a year ago.

Portfolio Pulse from

November 08, 2024 | 1:15 am

Analysts have mixed ratings for ACV Auctions (NASDAQ:ACVA), with recent evaluations showing a bullish trend. The average 12-month price target has increased to $23.2, reflecting a 5.45% rise. Despite positive revenue growth, ACV Auctions faces challenges with profitability and returns.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 2:01 pm

Jefferies analyst John Colantuoni has maintained a Buy rating on ACV Auctions and raised the price target from $22 to $25.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 1:27 pm

JMP Securities analyst Nicholas Jones has maintained a Market Outperform rating on ACV Auctions and raised the price target from $21 to $24.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 4:05 pm

ACV Auctions (NASDAQ:ACVA) received mixed analyst ratings, with 4 analysts somewhat bullish. The average 12-month price target remains $22.0. ACV Auctions shows strong revenue growth but faces profitability challenges.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 3:00 pm

JMP Securities analyst Nicholas Jones has reiterated a Market Outperform rating for ACV Auctions (NASDAQ:ACVA) and maintained a price target of $21.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 2:13 pm

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