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S&P 500   4,402.20
DOW   34,440.88
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3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
Are These Consumer Staples Too Cheap for Investors To Ignore?
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Markets Are Loving These Stocks 'Firing On All Cylinders'
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In?
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
Are These Consumer Staples Too Cheap for Investors To Ignore?
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Markets Are Loving These Stocks 'Firing On All Cylinders'
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In?
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
Are These Consumer Staples Too Cheap for Investors To Ignore?
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Markets Are Loving These Stocks 'Firing On All Cylinders'
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In?
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
NASDAQ:ACVA

ACV Auctions (ACVA) Stock Forecast, Price & News

$15.20
-0.30 (-1.94%)
(As of 09/20/2023 ET)
Compare
Today's Range
$15.17
$15.70
50-Day Range
$15.16
$18.32
52-Week Range
$6.51
$18.68
Volume
505,125 shs
Average Volume
1.26 million shs
Market Capitalization
$2.44 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
25.4% Upside
$19.07 Price Target
Short Interest
Healthy
5.36% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.40mentions of ACV Auctions in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$9.53 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.

2.40 out of 5 stars

Retail/Wholesale Sector

89th out of 211 stocks

Business Services, Not Elsewhere Classified Industry

37th out of 88 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

How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
ACV Auctions: Wait For The Pullback
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
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
9/20/2023
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
+25.4%
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
$2.44 billion
Optionable
Not Optionable
Beta
1.35
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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 twelve months. 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 Wall Street research analysts have issued 12 month price targets for ACV Auctions' shares. Their ACVA share price forecasts range from $12.00 to $23.00. On average, they predict the company's share price to reach $19.07 in the next year. This suggests a possible upside of 25.4% 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 beginning of the year. Since then, ACVA stock has increased by 85.1% and is now trading at $15.20.
View the best growth stocks for 2023 here
.

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

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 updated its third quarter 2023 earnings guidance on Monday, August, 7th. The company provided earnings per share (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 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."

Who are ACV Auctions' major shareholders?

ACV Auctions' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include ArrowMark Colorado Holdings LLC (8.34%), BlackRock Inc. (5.51%), Alliancebernstein L.P. (3.19%), William Blair Investment Management LLC (2.52%), JPMorgan Chase & Co. (2.47%) and Candlestick Capital Management LP (2.36%). Insiders that own company stock include Bessemer Venture Partners Ix L, Brian Hirsch, Craig Eric Anderson, George Chamoun, Kirsten Castillo, Michael Waterman, Robert P Goodman, Vikas Mehta and William Zerella.
View institutional ownership trends
.

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 $15.20.

How much money does ACV Auctions make?

ACV Auctions (NASDAQ:ACVA) has a market capitalization of $2.44 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 9/21/2023 by MarketBeat.com Staff

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