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S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
3 Drone Stocks That Can Lift Your Portfolio Higher
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
3 Quality Stocks On Track for Significant Dividend Increases
International Paper's 5% Yield Offers Big Value
BREAKING: Tiny biotech successfully treats blindness (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Is NVIDIA Leading a "Magnificent Seven Bubble"? (Ad)
This Is One of the Top-Rated and Most-Upgraded Stocks
5 Economic Trends That Will Drive The Market In Q4
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
3 Drone Stocks That Can Lift Your Portfolio Higher
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
3 Quality Stocks On Track for Significant Dividend Increases
International Paper's 5% Yield Offers Big Value
BREAKING: Tiny biotech successfully treats blindness (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Is NVIDIA Leading a "Magnificent Seven Bubble"? (Ad)
This Is One of the Top-Rated and Most-Upgraded Stocks
5 Economic Trends That Will Drive The Market In Q4
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
3 Drone Stocks That Can Lift Your Portfolio Higher
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
3 Quality Stocks On Track for Significant Dividend Increases
International Paper's 5% Yield Offers Big Value
BREAKING: Tiny biotech successfully treats blindness (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Is NVIDIA Leading a "Magnificent Seven Bubble"? (Ad)
This Is One of the Top-Rated and Most-Upgraded Stocks
5 Economic Trends That Will Drive The Market In Q4
NASDAQ:ACVA

ACV Auctions (ACVA) Stock Forecast, Price & News

$14.48
-0.57 (-3.79%)
(As of 10/3/2023 ET)
Compare
Today's Range
$14.34
$15.17
50-Day Range
$14.48
$17.64
52-Week Range
$6.51
$18.68
Volume
761,456 shs
Average Volume
1.25 million shs
Market Capitalization
$2.33 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$19.07

ACV Auctions MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
31.7% Upside
$19.07 Price Target
Short Interest
Bearish
5.75% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.72mentions of ACV Auctions in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$7.65 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.50) to ($0.19) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

Retail/Wholesale Sector

96th out of 209 stocks

Business Services, Not Elsewhere Classified Industry

43rd out of 85 stocks


ACVA stock logo

About ACV Auctions (NASDAQ:ACVA) Stock

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.

ACVA Price History

ACVA Stock News Headlines

ACV Auctions (ACVA) Rose on Full-Year Guidance
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
ACV Auctions: Wait For The Pullback
Is NVIDIA Leading a "Magnificent Seven Bubble"?
The world’s massive tech leaders may be in a bubble, led by NVIDIA’s enormous rise this year. What happens next could affect all stocks. 
Barrington Reaffirms Their Buy Rating on ACV Auctions (ACVA)
Q2 2023 ACV Auctions Inc Earnings Call
Goldman Sachs Reaffirms Their Buy Rating on ACV Auctions (ACVA)
JMP Securities Reaffirms Their Buy Rating on ACV Auctions (ACVA)
ACV Announces Second Quarter 2023 Results
ACV Auctions (NASDAQ: ACVA)
See More Headlines
Receive ACVA Stock News and Ratings via Email

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ACVA Company Calendar

Last Earnings
8/07/2023
Today
10/03/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:ACVA
Fax
N/A
Employees
2,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$19.07
High Stock Price Forecast
$23.00
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
+31.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
$-102,190,000.00
Pretax Margin
-18.31%

Debt

Sales & Book Value

Annual Sales
$421.53 million
Book Value
$3.07 per share

Miscellaneous

Free Float
138,782,000
Market Cap
$2.33 billion
Optionable
Not Optionable
Beta
1.36
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Key Executives

  • Mr. George G. Chamoun (Age 48)
    CEO & Director
    Comp: $1.12M
  • Mr. William R. Zerella (Age 66)
    Chief Financial Officer
    Comp: $778.59k
  • Mr. Vikas Mehta (Age 47)
    Chief Operating Officer
    Comp: $759.82k
  • Ms. Leanne Fitzgerald (Age 57)
    Chief Legal Officer & Sec.
    Comp: $492.33k
  • Mr. Michael  WatermanMr. Michael Waterman (Age 54)
    Chief Sales Officer
    Comp: $713.13k
  • Mr. Bahman Koohestani (Age 61)
    Chief Technology Officer
  • Mr. Timothy M. Fox
    VP of Investor Relations
  • Ms. Maura Duggan
    Associate Director of Communications
  • Mr. Craig Eric AndersonMr. Craig Eric Anderson (Age 46)
    Chief Corp. Devel. & Strategy Officer
  • Ms. Kate Cadou Clegg
    Chief Marketing Officer













ACVA Stock - Frequently Asked Questions

Should I buy or sell ACV Auctions stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ACV Auctions in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ACVA shares.
View ACVA analyst ratings
or view top-rated stocks.

What is ACV Auctions' stock price forecast for 2023?

11 brokerages have issued 1-year target prices for ACV Auctions' shares. Their ACVA share price forecasts range from $12.00 to $23.00. On average, they anticipate the company's stock price to reach $19.07 in the next year. This suggests a possible upside of 31.7% from the stock's current price.
View analysts price targets for ACVA
or view top-rated stocks among Wall Street analysts.

How have ACVA shares performed in 2023?

ACV Auctions' stock was trading at $8.21 at the start of the year. Since then, ACVA shares have increased by 76.4% and is now trading at $14.48.
View the best growth stocks for 2023 here
.

Are investors shorting ACV Auctions?

ACV Auctions saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 7,480,000 shares, an increase of 5.9% from the August 31st total of 7,060,000 shares. Based on an average daily volume of 1,270,000 shares, the short-interest ratio is currently 5.9 days. Currently, 5.8% of the company's shares are short sold.
View ACV Auctions' Short Interest
.

When is ACV Auctions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our ACVA earnings forecast
.

How were ACV Auctions' earnings last quarter?

ACV Auctions Inc. (NASDAQ:ACVA) announced its quarterly earnings data on Monday, August, 7th. The company reported ($0.09) earnings per share for the quarter, topping analysts' consensus estimates of ($0.15) by $0.06. The business had revenue of $124.22 million for the quarter, compared to the consensus estimate of $119.44 million. ACV Auctions had a negative net margin of 18.33% and a negative trailing twelve-month return on equity of 16.17%.

What ETFs hold ACV Auctions' stock?

ETFs with the largest weight of ACV Auctions (NASDAQ:ACVA) stock in their portfolio include Global X E-Commerce ETF (EBIZ) and Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ).WisdomTree Growth Leaders Fund (PLAT).

What guidance has ACV Auctions issued on next quarter's earnings?

ACV Auctions issued an update on its third quarter 2023 earnings guidance on Monday, August, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $115.00 million-$119.00 million, compared to the consensus revenue estimate of $118.57 million.

When did ACV Auctions IPO?

(ACVA) raised $315 million in an initial public offering (IPO) on Wednesday, March 24th 2021. The company issued 16,600,000 shares at $18.00-$20.00 per share. Goldman Sachs, J.P. Morgan, Citigroup, BofA Securities, Jefferies, Canaccord Genuity, Guggenheim Securities, JMP Securities, Piper Sandler and Raymond James served as the underwriters for the IPO.

What is ACV Auctions' stock symbol?

ACV Auctions trades on the NASDAQ under the ticker symbol "ACVA."

How do I buy shares of ACV Auctions?

Shares of ACVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ACV Auctions' stock price today?

One share of ACVA stock can currently be purchased for approximately $14.48.

How much money does ACV Auctions make?

ACV Auctions (NASDAQ:ACVA) has a market capitalization of $2.33 billion and generates $421.53 million in revenue each year. The company earns $-102,190,000.00 in net income (profit) each year or ($0.52) on an earnings per share basis.

How many employees does ACV Auctions have?

The company employs 2,000 workers across the globe.

How can I contact ACV Auctions?

ACV Auctions' mailing address is 640 ELLICOTT STREET SUITE 321, BUFFALO NY, 14203. The official website for the company is www.acvauctions.com. The company can be reached via phone at 800-553-4070 or via email at acvauctionsir@icrinc.com.

This page (NASDAQ:ACVA) was last updated on 10/4/2023 by MarketBeat.com Staff

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