Vroom Stock Forecast, Price & News

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vroom in the last year. There are currently 2 sell ratings, 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Vroom.

Vroom is scheduled to release its next quarterly earnings announcement on Wednesday, November 11th 2020.
View our earnings forecast for Vroom.

Vroom, Inc. (NASDAQ:VRM) issued its earnings results on Wednesday, August, 12th. The company reported ($0.34) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.77) by $0.43. The company earned $253.09 million during the quarter, compared to analysts' expectations of $231.12 million.
View Vroom's earnings history.

Vroom issued an update on its third quarter 2020 After-Hours earnings guidance on Tuesday, September, 8th. The company provided EPS guidance of -0.4--0.36 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.36. The company issued revenue guidance of $290-310 million, compared to the consensus revenue estimate of $290.05 million.

13 Wall Street analysts have issued 12-month price targets for Vroom's stock. Their forecasts range from $55.00 to $81.00. On average, they expect Vroom's stock price to reach $68.50 in the next twelve months. This suggests a possible upside of 64.7% from the stock's current price.
View analysts' price targets for Vroom.

Some companies that are related to Vroom include CarMax (KMX), IAA (IAA), Casey's General Stores (CASY), Lithia Motors (LAD), AutoNation (AN), Penske Automotive Group (PAG), Murphy USA (MUSA), Camping World (CWH), Asbury Automotive Group (ABG), Rush Enterprises (RUSHA), Group 1 Automotive (GPI), KAR Auction Services (KAR), Rush Enterprises (RUSHB), Sonic Automotive (SAH) and America's Car-Mart (CRMT).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Vroom investors own include NVIDIA (NVDA), Tesla (TSLA), Moderna (MRNA), Alibaba Group (BABA), Nikola (NKLA), PayPal (PYPL), Docusign (DOCU), Johnson & Johnson (JNJ), Advanced Micro Devices (AMD) and Teladoc Health (TDOC).

(VRM) raised $357 million in an IPO on Tuesday, June 9th 2020. The company issued 18,800,000 shares at a price of $18.00-$20.00 per share. Goldman Sachs, BofA Securities, Allen & Company and Wells Fargo Securities acted as the underwriters for the IPO and Stifel, William Blair, Baird, JMP Securities and Wedbush Securities were co-managers.

Vroom trades on the NASDAQ under the ticker symbol "VRM."

Vroom's lock-up period expires on Monday, December 7th. Vroom had issued 21,250,000 shares in its IPO on June 9th. The total size of the offering was $467,500,000 based on an initial share price of $22.00. After the expiration of Vroom's lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Vroom's stock is owned by a number of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.01%) and Harel Insurance Investments & Financial Services Ltd. (0.00%).

VRM stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Harel Insurance Investments & Financial Services Ltd..

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

One share of VRM stock can currently be purchased for approximately $41.59.

Vroom has a market capitalization of $4.96 billion. Vroom employs 800 workers across the globe.

The official website for Vroom is www.vroom.com.

Vroom's mailing address is 1375 BROADWAY 11TH FLOOR, NEW YORK NY, 10018. The company can be reached via phone at 631 760 1215 or via email at [email protected]