ACV Auctions (NASDAQ:ACVA) Given Buy Rating at Needham & Company LLC

Needham & Company LLC reiterated their buy rating on shares of ACV Auctions (NASDAQ:ACVA) in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a $9.00 price target on the stock.

Several other equities analysts have also commented on the stock. The Goldman Sachs Group decreased their price objective on shares of ACV Auctions from $21.00 to $13.00 and set a “buy” rating for the company in a research report on Friday, November 7th. Citigroup lowered their price objective on shares of ACV Auctions from $17.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, November 21st. JPMorgan Chase & Co. cut their target price on ACV Auctions from $18.00 to $11.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. Jefferies Financial Group cut ACV Auctions from a “buy” rating to a “hold” rating and set a $9.00 price target for the company. in a research report on Thursday, December 11th. Finally, Barclays increased their price objective on ACV Auctions to $8.00 and gave the company an “equal weight” rating in a report on Wednesday, January 21st. Eight research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $11.41.

ACV Auctions Stock Performance

Shares of ACVA stock opened at $4.72 on Tuesday. ACV Auctions has a 12-month low of $4.61 and a 12-month high of $17.54. The business’s fifty day simple moving average is $7.83 and its 200-day simple moving average is $8.75. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.28. The company has a market cap of $812.13 million, a PE ratio of -9.63 and a beta of 1.63.

ACV Auctions (NASDAQ:ACVA) last announced its earnings results on Monday, February 23rd. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.10). ACV Auctions had a negative return on equity of 12.94% and a negative net margin of 12.51%.The business had revenue of $183.65 million for the quarter, compared to analysts’ expectations of $181.96 million. During the same quarter last year, the firm earned ($0.16) earnings per share. The firm’s quarterly revenue was up 15.2% compared to the same quarter last year. Analysts expect that ACV Auctions will post -0.07 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO George Chamoun bought 31,172 shares of the stock in a transaction dated Monday, December 15th. The shares were purchased at an average price of $7.97 per share, for a total transaction of $248,440.84. Following the completion of the purchase, the chief executive officer directly owned 2,618,714 shares of the company’s stock, valued at $20,871,150.58. This represents a 1.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On ACV Auctions

Several hedge funds have recently bought and sold shares of ACVA. Atreides Management LP grew its stake in shares of ACV Auctions by 125.2% during the 4th quarter. Atreides Management LP now owns 12,411,800 shares of the company’s stock worth $99,543,000 after purchasing an additional 6,901,010 shares during the period. Wasatch Advisors LP grew its position in ACV Auctions by 301.0% during the second quarter. Wasatch Advisors LP now owns 7,295,400 shares of the company’s stock valued at $118,331,000 after buying an additional 5,475,874 shares during the period. Sunriver Management LLC purchased a new position in ACV Auctions in the fourth quarter valued at $23,768,000. SG Capital Management LLC purchased a new position in ACV Auctions in the third quarter valued at $17,103,000. Finally, Arvin Capital Management LP raised its position in shares of ACV Auctions by 272.8% in the fourth quarter. Arvin Capital Management LP now owns 2,296,913 shares of the company’s stock worth $18,421,000 after acquiring an additional 1,680,723 shares during the period. Hedge funds and other institutional investors own 88.55% of the company’s stock.

More ACV Auctions News

Here are the key news stories impacting ACV Auctions this week:

• Positive Sentiment: Q4 revenue beat and strong forward commentary: ACV reported revenue of $183.7M (above estimates) and said FY-2026 revenue and Q1-2026 revenue guidance topped consensus; management also guides ~28% adjusted EBITDA growth and plans to accelerate AI-driven product launches. Seeking Alpha: ACV adjusted EBITDA guidance
• Positive Sentiment: Broker support: Barrington upgraded ACVA to “outperform,” and Needham reaffirmed its “buy” rating with a $9 target — both signal some analysts see upside from current levels. Benzinga coverage
• Neutral Sentiment: B. Riley trimmed its price target from $17 to $16 but kept a “buy” rating (still implies large upside vs. current price), so the move is a modest reset rather than a change in conviction. Benzinga: B. Riley PT change
• Neutral Sentiment: Company materials and transcripts are available (earnings press release, slide deck, and call transcript) for investors wanting detail on margins, unit economics and product roadmap. Business Wire: Q4 results Seeking Alpha: Call transcript
• Negative Sentiment: EPS miss and profitability concerns: ACV reported GAAP EPS of ($0.11), missing the consensus (~$0.01) by ~$0.10 — the core earnings miss is the primary proximate driver of the mid‑day selloff. Fool: Why ACV stock dropped
• Negative Sentiment: Analyst downgrade and price-target cuts: Citi downgraded ACVA from “buy” to “neutral” and cut its target from $13 to $7 — a meaningful re-rating that likely amplified selling pressure. Benzinga: Citi downgrade
• Negative Sentiment: High intraday volume/volatility: Trading volume spiked well above average, consistent with strong investor repositioning after the earnings print and mixed analyst notes (increases downside sensitivity near current low price levels). MarketBeat: intraday data

ACV Auctions Company Profile

ACV Auctions operates a digital marketplace that connects automotive dealers through a mobile-first platform for wholesale vehicle auctions. The company’s software enables dealers to list, inspect and bid on used vehicles in real time, leveraging smartphone-based condition reporting, high-resolution imagery and data analytics to streamline the buying and selling process. ACV Auctions also offers subscription-based access to its auction platform, supplemental reconditioning services and financing tools designed to help dealers optimize inventory turn and reduce risk.

Since its founding in 2014, ACV Auctions has expanded its technology offerings beyond core auction services to include dealer management integrations, transportation logistics coordination and title management solutions.