About ACV Auctions Inc. - Class A Common Stock (ACVA)
Acv Auctions Inc. operates a digital marketplace specifically designed for the automotive industry, facilitating the buying and selling of used vehicles. The company's platform connects dealers and simplifies the auction process, enabling sellers to list their inventory while allowing buyers to access a wide selection of vehicles from various sellers. Acv Auctions utilizes advanced technology and data analytics to provide transparency, streamline transactions, and enhance the overall experience for both buyers and sellers in the automotive auction space. Read More
Online used car auction platform ACV Auctions (NASDAQ:ACVA) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 25.4% year on year to $182.7 million. The company expects next quarter’s revenue to be around $195.5 million, close to analysts’ estimates. Its GAAP loss of $0.09 per share was 22.4% above analysts’ consensus estimates.
BUFFALO, N.Y., May 05, 2025 (GLOBE NEWSWIRE) -- ACV (NYSE: 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:
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
The Russell 2000 (^RUT) is packed with potential breakout stocks, thanks to its focus on smaller companies with high growth potential.
However, smaller size also means these businesses often lack the resilience and financial flexibility of large-cap firms, making careful selection crucial.
BUFFALO, N.Y., April 23, 2025 (GLOBE NEWSWIRE) -- ACV (NYSE: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that the Company will report first quarter 2025 financial results after market close and host a conference call at 5:00 p.m. ET on Wednesday, May 7, 2025.
If the Street can anticipate a resolution to all tariff issues over the next 12-18 months, the analyst notes the most significant opportunity for certain names in his e-commerce coverage group.
Whether it be online shopping or social media, secular forces are propelling consumer internet businesses forward. Luckily for them, the market seems to believe there is still more growth ahead.
This assumption has enabled the industry to fair a bit better than the broader market recently
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Looking back on online marketplace stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including ACV Auctions (NYSE:ACVA) and its peers.
