ACV Auctions (NASDAQ:ACVA – Free Report) had its price target decreased by B. Riley Financial from $17.00 to $16.00 in a research report report published on Tuesday morning,Benzinga reports. B. Riley Financial currently has a buy rating on the stock.
ACVA has been the topic of several other reports. Needham & Company LLC reissued a “buy” rating and set a $9.00 price target on shares of ACV Auctions in a research report on Tuesday. Bank of America reissued an “underperform” rating and issued a $6.00 price target (down from $16.50) on shares of ACV Auctions in a research report on Thursday, November 6th. Royal Bank Of Canada upgraded shares of ACV Auctions to an “outperform” rating in a report on Tuesday. Citigroup downgraded shares of ACV Auctions from a “buy” rating to a “neutral” rating and cut their target price for the stock from $13.00 to $7.00 in a research report on Tuesday. Finally, JPMorgan Chase & Co. dropped their price target on shares of ACV Auctions from $18.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $11.41.
Check Out Our Latest Stock Analysis on ACV Auctions
ACV Auctions Stock Down 17.0%
ACV Auctions (NASDAQ:ACVA – Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $183.65 million for the quarter, compared to analysts’ expectations of $181.96 million. During the same quarter in the previous year, the firm posted ($0.16) earnings per share. The company’s revenue for the quarter was up 15.2% on a year-over-year basis. As a group, research analysts expect that ACV Auctions will post -0.07 earnings per share for the current year.
Insider Activity
In related news, CEO George Chamoun purchased 14,286 shares of the firm’s stock in a transaction dated Monday, January 12th. The stock was bought at an average price of $8.81 per share, for a total transaction of $125,859.66. Following the purchase, the chief executive officer owned 2,598,383 shares in the company, valued at $22,891,754.23. The trade was a 0.55% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 2.90% of the company’s stock.
Institutional Investors Weigh In On ACV Auctions
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Atreides Management LP grew its holdings in ACV Auctions by 125.2% during the fourth quarter. Atreides Management LP now owns 12,411,800 shares of the company’s stock valued at $99,543,000 after purchasing an additional 6,901,010 shares during the last quarter. Wasatch Advisors LP grew its stake in ACV Auctions by 301.0% in the 2nd 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 last quarter. Sunriver Management LLC bought a new position in ACV Auctions in the 4th quarter worth $23,768,000. SG Capital Management LLC acquired a new position in ACV Auctions during the 3rd quarter worth $17,103,000. Finally, Arvin Capital Management LP lifted its position in ACV Auctions by 272.8% during the 4th 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 last quarter. 88.55% of the stock is currently owned by institutional investors and hedge funds.
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.
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