ACV Auctions upgraded by Northcoast with a new price target
$ACVA
Business Services
Consumer Discretionary
Northcoast upgraded ACV Auctions from Neutral to Buy and set a new price target of $22.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/22/2025 | $20.50 | Equal-Weight | Stephens |
| 9/27/2024 | $22.00 | Mkt Perform | Raymond James |
| 6/10/2024 | $21.00 | Neutral → Overweight | JP Morgan |
| 1/10/2024 | $22.00 | Neutral → Buy | Northcoast |
| 7/20/2023 | $23.00 | Buy | B. Riley Securities |
| 7/13/2023 | $17.00 | Overweight → Neutral | JP Morgan |
| 2/16/2023 | $11.00 | Overweight → Neutral | Piper Sandler |
| 6/30/2022 | Mkt Outperform | JMP Securities |
Fourth quarter revenue of $160 million and full-year revenue of $637 millionFourth quarter GAAP net income (loss) of ($26) million and full-year GAAP net income (loss) of ($80) millionFourth quarter non-GAAP net income (loss) of ($1) million and full-year non-GAAP net income of $11 millionFourth quarter Adjusted EBITDA of $6 million and full-year Adjusted EBITDA of $28 millionExpects 2025 revenue of $765 million to $785 million, growth of 20% to 23% YoY, GAAP net income (loss) of ($62) million to ($52) million and Adjusted EBITDA of $65 million to $75 million, growth of approximately 150% YoY at the midpoint of guidance BUFFALO, N.Y., Feb. 19, 2025 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA),
BUFFALO, N.Y., Jan. 22, 2025 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, announced today that the Company will report fourth quarter 2024 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, February 19, 2025. 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. 2025 Analyst Day ACV will host an analyst meeting on March 11, 2025. The event location is Convene at 530 Fifth Avenue in midtown Manhattan
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
4 - ACV Auctions Inc. (0001637873) (Issuer)
4 - ACV Auctions Inc. (0001637873) (Issuer)
4 - ACV Auctions Inc. (0001637873) (Issuer)
BUFFALO, N.Y., March 25, 2022 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, is celebrating a milestone in company growth, surpassing 2,000 teammates across its North American footprint. This includes acquisitions in the past year of MAX Digital, Drivably and Monk SAS, expanding the number of pioneering tools and technology available to ACV's customers, and adding high-end technical talent to the ACV team. As part of the company's growth, ACV also announces Leanne Fitzgerald as Chief Legal Officer, the newest member of ACV's senior leadership team. Responsible for managing all of ACV's legal,
BUFFALO, N.Y., Sept. 9, 2021 /PRNewswire/ -- ACV (NASDAQ:ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, today announced the new executive appointment of Chief Technology Officer Bahman Koohestani, who will lead the technology and product team to further innovate and transform the used car industry. Koohestani is a seasoned executive who brings over 25 years of leadership experience in technology, data analytics, product and operating strategies. His previous experience includes CTO roles at Lending Club, Thomson Reuters and NexTag.
SC 13G/A - ACV Auctions Inc. (0001637873) (Subject)
SC 13G/A - ACV Auctions Inc. (0001637873) (Subject)
SC 13G - ACV Auctions Inc. (0001637873) (Subject)
S-8 - ACV Auctions Inc. (0001637873) (Filer)
10-K - ACV Auctions Inc. (0001637873) (Filer)
8-K - ACV Auctions Inc. (0001637873) (Filer)
Stephens initiated coverage of ACV Auctions with a rating of Equal-Weight and set a new price target of $20.50
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
Fourth quarter revenue of $160 million and full-year revenue of $637 millionFourth quarter GAAP net income (loss) of ($26) million and full-year GAAP net income (loss) of ($80) millionFourth quarter non-GAAP net income (loss) of ($1) million and full-year non-GAAP net income of $11 millionFourth quarter Adjusted EBITDA of $6 million and full-year Adjusted EBITDA of $28 millionExpects 2025 revenue of $765 million to $785 million, growth of 20% to 23% YoY, GAAP net income (loss) of ($62) million to ($52) million and Adjusted EBITDA of $65 million to $75 million, growth of approximately 150% YoY at the midpoint of guidance BUFFALO, N.Y., Feb. 19, 2025 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA),
BUFFALO, N.Y., Jan. 22, 2025 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, announced today that the Company will report fourth quarter 2024 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, February 19, 2025. 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. 2025 Analyst Day ACV will host an analyst meeting on March 11, 2025. The event location is Convene at 530 Fifth Avenue in midtown Manhattan
BUFFALO, N.Y., Jan. 21, 2025 (GLOBE NEWSWIRE) -- ACV (NASDAQ:ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, will arrive at the 2025 National Automobile Dealers Association (NADA) Show in New Orleans poised to reshape inventory acquisition, management, appraisals, and dealership operations to help attendees boost efficiency and profitability. ACV's data, fueled by millions of used vehicle inspections and transactions from its dynamic digital marketplace, is transforming the way dealers do business—expanding its solutions beyond wholesale operations. From leveraging the service drive for consumer vehicle acquisition t