ACV Auctions Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 89 out of 482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 10.71.In the medium term, the stock price is expected to trend up.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
ACV Auctions Inc's Score
Industry at a Glance
Industry Ranking
89 / 482
Overall Ranking
180 / 4521
Industry
Software & IT Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Positive
ACV Auctions Inc Highlights
StrengthsRisks
ACV Auctions Inc. provides a marketplace for wholesale vehicle transactions and data services that offer vehicle information to its customers. Its marketplace platform leverages data insights and technology to power its digital marketplace and data services, enabling its dealers and commercial partners to buy, sell and value vehicles. Its marketplace platform includes Digital Marketplace, Remarketing Centers, Data Services, and Data and Technology. Digital Marketplace connects buyers and sellers of wholesale vehicles. Remarketing Centers provide an additional channel to provide dealers and commercial partners with auction services. Data Services offers insights into the condition and value of used vehicles for transactions both on and off its marketplace. The Data and Technology helps in vehicle inspections, vehicle intelligence reports, digital marketplace, and operations automation. Its offerings include ACV Auctions, ACV Transportation, ACV Capital, ACV MAX, True360, and ClearCar.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 51.15% year-on-year.
Overvalued
The company’s latest PE is -17.08, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 175.74M shares, increasing 0.08% quarter-over-quarter.
ACV Auctions Inc. provides a marketplace for wholesale vehicle transactions and data services that offer vehicle information to its customers. Its marketplace platform leverages data insights and technology to power its digital marketplace and data services, enabling its dealers and commercial partners to buy, sell and value vehicles. Its marketplace platform includes Digital Marketplace, Remarketing Centers, Data Services, and Data and Technology. Digital Marketplace connects buyers and sellers of wholesale vehicles. Remarketing Centers provide an additional channel to provide dealers and commercial partners with auction services. Data Services offers insights into the condition and value of used vehicles for transactions both on and off its marketplace. The Data and Technology helps in vehicle inspections, vehicle intelligence reports, digital marketplace, and operations automation. Its offerings include ACV Auctions, ACV Transportation, ACV Capital, ACV MAX, True360, and ClearCar.