ACV Auctions Inc.(ACVA)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
1-STAR RATING
Consider higher Upturn Star rating
BUY for 2 days
PROFIT SINCE LAST BUY
-0.1%
LAST CLOSE
$10.42
09/16/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for ACVA

09/16/2026: ACVA (1-star) has a low Upturn Star Rating. Not recommended to BUY.

ACV Auctions is a digital-first marketplace for wholesale vehicle trading that competes by offering transparent, AI-enabled vehicle inspections and integrated logistics. Its main strength lies in its ability to reduce transaction friction for dealers compared to traditional physical auction houses. The primary growth opportunity involves scaling its logistics network and expanding its financial services (ACV Capital) to create a more comprehensive ecosystem for automotive dealers. Risks include intense competition from well-capitalized incumbents, exposure to cyclical used-vehicle market downturns, and the challenge of scaling profitably. The stock is best suited for growth-oriented investors who can tolerate volatility and monitor the company's progress in gaining market share from legacy players.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company operates in a large addressable market with significant potential for digital disruption.
Momentum investorMixed fitMomentum depends on market sentiment regarding growth-stage technology stocks.
Value investorWeak fitACV is in a growth phase and is not currently valued based on traditional value metrics like P/E ratios.
Dividend investorWeak fitThe company does not pay dividends and reinvests all cash into growth.
Low-risk investorWeak fitHigh volatility and exposure to cyclical automotive markets create significant risk.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighAs a growth company, the stock is sensitive to interest rates and changes in investor sentiment.
Valuation riskMedium / highThe company trades at a premium based on future growth expectations rather than current earnings.
Competition risk (Direct digital auction)HighIncumbents are increasingly investing in their own digital platforms.
Business qualityMediumThe marketplace model has strong network effects, but scaling in physical-logistics segments is capital intensive.
Dividend incomeLow / noneInvestors should not expect income from this investment.
Execution riskMedium / highContinued success depends on expanding both dealer usage and the geographical scope of logistics operations.

Price Behavior

Steady Uptrend
PRICE PATH

Steady Uptrend

The stock demonstrates consistent and steady upward price momentum.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -21.32%
Avg. Invested days 24
Today’s Advisory Consider higher Upturn Star rating
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Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/16/2026

Upturn Scorecard

Upturn Star Rating

ACVA receives a 3-star rating, supported by solid company fundamentals, and solid analyst coverage. The rating is constrained by soft unit economics, and limited analyst upside.

Company Fundamentals

ACVA has solid overall fundamentals (4 stars), with moderate financial health, solid growth momentum, and solid ownership. In FY2025 versus FY2024, solid earnings growth (+17.0%) and solid cash generation (FCF margin 9.1%) are partially offset by soft profitability (net margin -8.7%), modest insider ownership of 4.72%.

Financial Health Rating

ACVA's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 23.3%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

Revenue growth is ACVA's strongest growth driver at +19.2% FY2025 versus FY2024 (solid, 4 stars). Earnings growth (+17.0%, solid) and free-cash-flow growth (+13.6%, solid) are also constructive, though not equally high across every growth measure.

Ownership

Institutional ownership is 98.6% and approximately 90.5% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 4.72% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 7.14%
Atreides Management, LP 5.38%
Vanguard Capital Management, LLC 3.93%
Vanguard Portfolio Management, LLC 3.90%
Cramer Rosenthal McGlynn LLC 3.27%

Unit Economics (Per $1K Revenue)

ACVA generates approximately $621 of gross profit, $-81 of operating income, and $91 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

Effective Tax Rate: -2.06% (Tax Credit)

Quantitative Style Profile

ACVA has a liquid profile. Elevated volatility is the primary drawback.

Style Classification

Quality Focused

Value-OrientedHigh VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.77B USD
Price to earnings Ratio -
1Y Target Price 9.92
Price to earnings Ratio -
1Y Target Price 9.92
Volume (30-day avg) 9.7M shares
Beta 1.83
52 Weeks Range 4.07 - 10.55
Updated Date 09/16/2026
52 Weeks Range 4.07 - 10.55
Updated Date 09/16/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.37

How Company Makes Money

Business areaWhat it includesRetail investor read
Auction FeesTransaction fees charged to buyers and sellers on vehicles sold.The primary way they make money is by taking a cut of every car transaction.
Assurance & LogisticsRevenue from transportation services and value-added assurance products.They generate additional revenue by helping dealers move and protect the cars they buy.
Data ServicesSubscriptions and fees from data-driven appraisal and inventory tools.Dealers pay them for access to data that helps them price and manage cars better.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 37.17
Enterprise Value 1.73B
Price to Sales(TTM) 2.21
Enterprise Value 1.73B
Price to Sales(TTM) 2.21
Enterprise Value to Revenue 2.16
Enterprise Value to EBITDA -18.12
Shares Outstanding 169.81M
Shares Floating 153.64M
Shares Outstanding 169.81M
Shares Floating 153.64M
Percent Insiders 4.72
Percent Institutions 98.58

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About ACV Auctions Inc.

Exchange NYSE
Headquarters Buffalo, NY, United States
IPO Launch date 2021-03-24
CEO & Director Mr. George G. Chamoun
Sector Consumer Cyclical
Industry Auto & Truck Dealerships
Full time employees 3200
Full time employees 3200

ACV Auctions Inc. provides a wholesale auction marketplace to facilitate business-to-business used vehicle sales between a selling and buying dealership. The company offers marketplace platform includes digital marketplace that connects buyers and sellers by providing auctions, which facilitates real-time transactions of wholesale vehicles; Run List for pre-filtering and pre-screening of vehicles up to 24 hours prior to an auction taking place; ACV transportation service to enable the buyers to see real-time transportation quotes; ACV capital, a short-term inventory financing services for buyers to purchase vehicles; and Go Green customer assurance services for claims against defects in the vehicle. It also provides remarketing centers, which offers value-added services, such as vehicle reconditioning and storage to facilitate auction business with commercial partners, such as fleet, rental car, and financial sector consignors. In addition, the company offers data services, including True360 report, which provides cosmetic and structural vehicle assessments integrated into vehicle history reports for dealer to make wholesale and retail transaction decisions on and off the marketplace; ACV market report provides transaction data and condition reports for comparable used vehicles, including pricing data from third-party sources and allows dealers to determine pricing and valuation strategies for used vehicles; and ACV MAX inventory management software that enables dealers to manage their inventory and set pricing while turning vehicles. Further, it provides data and technology through inspection, such as condition reports, virtual lift solutions, Apex device, and vehicle intelligence platform; and marketplace enablement, comprising MyACV application, private marketplaces, operations automation, live appraisals, and programmatic buying service. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York.