BUFFALO, N.Y., Nov. 18, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that members of its management team will present at the 4th Annual Needham Consumer Tech / Ecommerce Virtual Conference on Monday, November 25, 2024 at 11:00 am ET. A webcast of this event will be available on the Company's investor relations website at https://investors.acvauto.com/. An archived replay will be available following the live presentation.   About ACVACV is on a mission to transform the automotive industry by building the most trusted and efficient digital marketplace and data solutions for

Revenue and Adjusted EBITDA Exceed High-End of GuidanceRaises 2024 Guidance Third quarter revenue of $171 millionThird quarter GAAP net income (loss) of ($16) millionThird quarter non-GAAP net income of $8 millionThird quarter Adjusted EBITDA of $11 million Expects 2024 revenue of $630 million to $634 million, growth of 31% to 32% YoY, GAAP net income (loss) of ($81) million to ($79) million and Adjusted EBITDA of $25 million to $27 million BUFFALO, N.Y., Nov. 07, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its third quarter ended September 30, 2024. "W

BUFFALO, N.Y., Oct. 23, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report third quarter 2024 financial results after market close and host a conference call at 5:00 p.m. ET on Thursday, November 7, 2024. Investors and analysts interested in participating in the call are invited to dial 800-343-5172 (international callers please dial 1-785-424-1699) approximately 10 minutes prior to the start of the call. When prompted, please reference conference ID: ACV3Q24. A live webcast of the call will be available on the Company's investor relations website a

BUFFALO, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial clients, will showcase how ACV MAX and ClearCar solutions can help them more effectively acquire consumer inventory at the 2024 Digital Dealer Conference and Expo. ACV will be sponsoring the Dealer Speed Networking Lounge and ACV teammates will be present to demonstrate how ACV's integrated solutions can streamline the consumer vehicle acquisition process with precise, condition-enhanced valuations. ACV MAX is a leading enterprise solution offering a powerful suite of appraisal, merchandising, and pricing tools designed to opti

BUFFALO, N.Y., Aug. 07, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that members of its management team will present at the following upcoming investor conferences: Canaccord Genuity 44th Annual Growth Conference on Tuesday, August 13, 2024 at 4:00 p.m. ETCiti 2024 Global TMT Conference on Wednesday, September 4, 2024 at 4:40 p.m. ETGoldman Sachs Communacopia + Technology Conference on Tuesday, September 10, 2024 at 3:45 p.m. PT Webcasts of these events will be available on the Company's investor relations website at https://investors.acvauto.com/. An archived replay of

Second quarter revenue of $161 millionSecond quarter GAAP net income (loss) of ($17) millionSecond quarter non-GAAP net income of $3 millionSecond quarter Adjusted EBITDA of $7 million Expects 2024 revenue of $615 million to $625 million, growth of 28% to 30% YoY, GAAP net income (loss) of ($85) million to ($80) million and Adjusted EBITDA of $21 million to $25 million BUFFALO, N.Y., Aug. 07, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its second quarter ended June 30, 2024. "We are very pleased with our second quarter results, delivering revenue above the hig

BUFFALO, N.Y., July 24, 2024 (GLOBE NEWSWIRE) --  ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report second quarter 2024 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, August 7, 2024. Investors and analysts interested in participating in the call are invited to dial 877-704-4453 (international callers please dial 1-201-389-0920) approximately 10 minutes prior to the start of the call. A live webcast of the call will be available on the Company's investor relations website at https://investors.acvauto.com/, and an archived repla

BUFFALO, N.Y., May 09, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that members of its management team will present at the following upcoming investor conferences: 19th Annual Needham Technology, Media, & Consumer Conference on Thursday, May 16, 2024 at 11:00 a.m. ET52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21, 2024 at 4:25 p.m. ET Webcasts of these events will be available on the Company's investor relations website at https://investors.acvauto.com/. An archived replay of each webcast will be available following the l

BUFFALO, N.Y., May 08, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial clients, is delivering innovative solutions to more dealers across the country who are navigating the complexities of the current automotive market, including lean inventory and pricing fluctuations. ACV's winning combination of products—including its consumer acquisition solution, ClearCar; inventory management and appraisal system, ACV MAX; and core digital auctions solution, ACV Auctions—are enabling a growing swath of dealers to acquire more vehicles in their markets, profit from smart retail and wholesale decisions and optim

Delivered 22% Revenue GrowthRevenue and Adjusted EBITDA at the High-End of Guidance First quarter revenue of $146 millionFirst quarter GAAP net income (loss) of ($20) millionFirst quarter non-GAAP net income of $1 millionFirst quarter Adjusted EBITDA of $4 millionExpects 2024 revenue of $610 million to $625 million, growth of 27% to 30% YoY, net income (loss) of ($85) million to ($80) million and Adjusted EBITDA of $20 million to $25 million BUFFALO, N.Y., May 08, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its first quarter ended March 31, 2024.

Raymond James resumed coverage of ACV Auctions with a rating of Mkt Perform and set a new price target of $22.00

JP Morgan upgraded ACV Auctions from Neutral to Overweight and set a new price target of $21.00

Northcoast upgraded ACV Auctions from Neutral to Buy and set a new price target of $22.00

B. Riley Securities initiated coverage of ACV Auctions with a rating of Buy and set a new price target of $23.00

JP Morgan downgraded ACV Auctions from Overweight to Neutral and set a new price target of $17.00

Piper Sandler downgraded ACV Auctions from Overweight to Neutral and set a new price target of $11.00

JMP Securities resumed coverage of ACV Auctions with a rating of Mkt Outperform

Barrington Research initiated coverage of ACV Auctions with a rating of Outperform and set a new price target of $18.00

Citigroup resumed coverage of ACV Auctions with a rating of Buy and set a new price target of $20.00

Stephens & Co. upgraded ACV Auctions from Equal-Weight to Overweight and set a new price target of $19.00 from $17.00 previously

4 - ACV Auctions Inc. (0001637873) (Issuer)

4 - ACV Auctions Inc. (0001637873) (Issuer)

4 - ACV Auctions Inc. (0001637873) (Issuer)

4 - ACV Auctions Inc. (0001637873) (Issuer)

4 - ACV Auctions Inc. (0001637873) (Issuer)

4 - ACV Auctions Inc. (0001637873) (Issuer)

4 - ACV Auctions Inc. (0001637873) (Issuer)

4 - ACV Auctions Inc. (0001637873) (Issuer)

4 - ACV Auctions Inc. (0001637873) (Issuer)

4 - ACV Auctions Inc. (0001637873) (Issuer)

144 - ACV Auctions Inc. (0001637873) (Subject)

10-Q - ACV Auctions Inc. (0001637873) (Filer)

8-K - ACV Auctions Inc. (0001637873) (Filer)

144 - ACV Auctions Inc. (0001637873) (Subject)

144 - ACV Auctions Inc. (0001637873) (Subject)

144 - ACV Auctions Inc. (0001637873) (Subject)

144 - ACV Auctions Inc. (0001637873) (Subject)

144 - ACV Auctions Inc. (0001637873) (Subject)

144 - ACV Auctions Inc. (0001637873) (Subject)

144 - ACV Auctions Inc. (0001637873) (Subject)

Revenue and Adjusted EBITDA Exceed High-End of GuidanceRaises 2024 Guidance Third quarter revenue of $171 millionThird quarter GAAP net income (loss) of ($16) millionThird quarter non-GAAP net income of $8 millionThird quarter Adjusted EBITDA of $11 million Expects 2024 revenue of $630 million to $634 million, growth of 31% to 32% YoY, GAAP net income (loss) of ($81) million to ($79) million and Adjusted EBITDA of $25 million to $27 million BUFFALO, N.Y., Nov. 07, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its third quarter ended September 30, 2024. "W

BUFFALO, N.Y., Oct. 23, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report third quarter 2024 financial results after market close and host a conference call at 5:00 p.m. ET on Thursday, November 7, 2024. Investors and analysts interested in participating in the call are invited to dial 800-343-5172 (international callers please dial 1-785-424-1699) approximately 10 minutes prior to the start of the call. When prompted, please reference conference ID: ACV3Q24. A live webcast of the call will be available on the Company's investor relations website a

Second quarter revenue of $161 millionSecond quarter GAAP net income (loss) of ($17) millionSecond quarter non-GAAP net income of $3 millionSecond quarter Adjusted EBITDA of $7 million Expects 2024 revenue of $615 million to $625 million, growth of 28% to 30% YoY, GAAP net income (loss) of ($85) million to ($80) million and Adjusted EBITDA of $21 million to $25 million BUFFALO, N.Y., Aug. 07, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its second quarter ended June 30, 2024. "We are very pleased with our second quarter results, delivering revenue above the hig

BUFFALO, N.Y., July 24, 2024 (GLOBE NEWSWIRE) --  ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report second quarter 2024 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, August 7, 2024. Investors and analysts interested in participating in the call are invited to dial 877-704-4453 (international callers please dial 1-201-389-0920) approximately 10 minutes prior to the start of the call. A live webcast of the call will be available on the Company's investor relations website at https://investors.acvauto.com/, and an archived repla

Delivered 22% Revenue GrowthRevenue and Adjusted EBITDA at the High-End of Guidance First quarter revenue of $146 millionFirst quarter GAAP net income (loss) of ($20) millionFirst quarter non-GAAP net income of $1 millionFirst quarter Adjusted EBITDA of $4 millionExpects 2024 revenue of $610 million to $625 million, growth of 27% to 30% YoY, net income (loss) of ($85) million to ($80) million and Adjusted EBITDA of $20 million to $25 million BUFFALO, N.Y., May 08, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its first quarter ended March 31, 2024.

BUFFALO, N.Y., April 24, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report first quarter 2024 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, May 8, 2024. Investors and analysts interested in participating in the call are invited to dial 877-704-4453 (international callers please dial 1-201-389-0920) approximately 10 minutes prior to the start of the call. A live webcast of the call will be available on the Company's investor relations website at https://investors.acvauto.com/, and an archived replay wi

BUFFALO, N.Y., Jan. 24, 2024 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report fourth quarter 2023 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, February 21, 2024. To access the live conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details.   A live webcast of the call will be available on the Company's investor relations website at https://investors.acvauto.com/, and an archived replay will be available following the live event.   About ACVACV is on

Delivers Strong Revenue with Adjusted EBITDA Ahead of GuidanceRaises 2023 Guidance Third quarter revenue of $119 million, up 13% year over yearThird quarter GAAP net income (loss) of ($18) millionThird quarter Adjusted EBITDA of ($4) million Updating 2023 guidance: Revenue of $479 million to $483 million, growth of 14% to 15% YoYGAAP net income (loss) of ($75) to ($77) millionAdjusted EBITDA of ($20) million to ($22) million BUFFALO, N.Y., Nov. 06, 2023 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its third quarter ended September 30, 2023. "We are very pleased wi

BUFFALO, N.Y., Oct. 16, 2023 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report third quarter 2023 financial results after market close and host a conference call at 5:00 p.m. ET on Monday, November 6, 2023. To access the live conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details.   A live webcast of the call will be available on the Company's investor relations website at https://investors.acvauto.com/, and an archived replay will be available following the live event.   About ACVACV is on a mi

Delivers Record Revenue with Adjusted EBITDA Ahead of Guidance Raises 2023 Guidance Second quarter revenue of $124 million, up 8% year over yearSecond quarter GAAP net income (loss) of ($16) millionSecond quarter Adjusted EBITDA of ($4) million Updating 2023 guidance: Revenue of $474 million to $482 million, representing growth of 12% to 14% YoYGAAP net income (loss) of ($79) to ($83) millionAdjusted EBITDA of ($23) million to ($27) million BUFFALO, N.Y., Aug. 07, 2023 (GLOBE NEWSWIRE) --  ACV (NASDAQ:ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, today reported results for its second quarter ended June 30, 2023. "We are ve

ACV Auctions (NASDAQ:ACVA) has been analyzed by 13 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 8 1 0 0 Last 30D 0 1 0 0 0 1M Ago 0 1 0 0 0 2M Ago 2 2 0 0 0 3M Ago 2 4 1 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $21.38, along with a high estimate of $23.00 and a low estimate of $16.00. This current average

JMP Securities analyst Nicholas Jones reiterates ACV Auctions (NASDAQ:ACVA) with a Market Outperform and maintains $21 price target.

Jefferies analyst John Colantuoni maintains ACV Auctions (NASDAQ:ACVA) with a Buy and raises the price target from $20 to $22.

JP Morgan analyst Rajat Gupta upgrades ACV Auctions (NASDAQ:ACVA) from Neutral to Overweight and announces $21 price target.

JMP Securities analyst Nicholas Jones maintains ACV Auctions (NASDAQ:ACVA) with a Market Outperform and raises the price target from $20 to $21.

9 analysts have expressed a variety of opinions on ACV Auctions (NASDAQ:ACVA) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 5 1 0 0 Last 30D 1 0 0 0 0 1M Ago 2 4 1 0 0 2M Ago 0 1 0 0 0 3M Ago 0 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for ACV Auctions, presenting an average target of $21.44, a high estimate of $23.00, and a low estimate of $16.00. This current

Needham analyst Chris Pierce reiterates ACV Auctions (NASDAQ:ACVA) with a Buy and maintains $23 price target.

Needham analyst Chris Pierce reiterates ACV Auctions (NASDAQ:ACVA) with a Buy and maintains $23 price target.

Barrington Research analyst Gary Prestopino maintains ACV Auctions (NASDAQ:ACVA) with a Outperform and maintains $23 price target.